Grupo Gondi to Invest $300 million for New Lightweight Containerboard Mill in Mexico

Grupo Gondi, Mexico City, Mexico, a leading Mexican paper and packaging company, this week announced plans to build a state-of-the-art recycled lightweight containerboard mill in Mexico. The new mill will have the capacity to produce more than 350,000 metric tpy of containerboard and will provide reliable, high-quality medium and linerboard for Gondi’s converting operations and third parties, according to a RISI, Boston, Mass., USA, report.

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"We are pleased to invest in this new manufacturing facility, which will help us enhance our service and position in the growing packaging market in Mexico. After completion, Grupo Gondi will produce more than one million metric tons of paperboard per year," said Eduardo Posada, CEO of Grupo Gondi.

"This new investment shows our continued commitment to better serve our customers through innovation and productivity," added Alejandro Gonzalez Cimadevilla, president of Grupo Gondi.

Grupo Gondi will invest approximately $300 million dollars in this project, which is estimated to be completed by the end of 2019.

Grupo Gondi is focused on offering added value by providing industry-leading products and solutions to satisfy the corrugated and folding carton packaging needs of its customers. Its team of 7,500-plus employees, our vertically integrated portfolio of packaging solutions, as well our geographically presence in Mexico through its 15 production sites allows the company to help its customers succeed by delivering quality products, innovative solutions, and the best customer service.