Full directors report - Mondi
Full directors report - Mondi
Full directors report - Mondi
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
South Africa Division Merchant & Newsprint<br />
<strong>Mondi</strong> Packaging<br />
South Africa<br />
• Uncoated fine paper (UFP):<br />
0.4 million tonnes<br />
• Containerboard: 0.2 million tonnes<br />
• Pulp: 0.7 million tonnes<br />
• Woodchips: 0.3 million bone-dry tonnes<br />
• 332,000 hectares of plantations in<br />
KwaZulu-Natal and Mpumalanga<br />
provinces<br />
• Hard- and soft-wood pulp and virgin<br />
containerboard produced at the<br />
Richards Bay pulp mill in<br />
KwaZulu-Natal<br />
• Uncoated fine paper produced at<br />
the Merebank paper mill in Durban,<br />
KwaZulu-Natal<br />
• 59% of segment revenue to export<br />
markets in 2009<br />
Net segment assets E840 million<br />
Capital expenditure E 26 million<br />
Segment revenue E478 million<br />
Contribution to Group revenue<br />
South Africa Division 8%<br />
Underlying operating<br />
profit E32 million<br />
ROCE 4.6%<br />
Employees 1,700<br />
No. of production sites 2<br />
• No. 1 in office paper and UFP in<br />
South Africa<br />
• No. 2 in kraftliner in South Africa<br />
• Containerboard: 0.4 million tonnes<br />
• Corrugated: 0.4 billion m 2<br />
• 2 containerboard mills, 1 cartonboard<br />
mill and a network of 12 corrugated<br />
packaging plants in southern Africa<br />
• Recovered fibre collection and<br />
processing<br />
• A broad spectrum of rigid plastic<br />
packaging<br />
Net segment assets E335 million<br />
Capital expenditure E 17 million<br />
Segment revenue E498 million<br />
Contribution to Group revenue<br />
MPSA 9%<br />
Underlying operating<br />
profit E36 million<br />
ROCE 11.5%<br />
Employees 3,700<br />
No. of production sites 21<br />
• No. 1 in corrugated packaging<br />
in South Africa<br />
• No. 1 in cartonboard in South Africa<br />
• No. 3 in rigid plastics in South Africa<br />
• Newsprint: 0.3 million tonnes<br />
• Merchanting of graphic, packaging<br />
and office paper across central and<br />
eastern Europe<br />
• 48,000 hectares of plantations in<br />
KwaZulu-Natal province<br />
• Joint venture production of<br />
newsprint and telephone directory<br />
paper<br />
Net segment assets E194 million<br />
Capital expenditure E 7 million<br />
Segment revenue E528 million<br />
Contribution to Group revenue<br />
Merchant & Newsprint 9%<br />
Underlying operating<br />
profit E12 million<br />
ROCE 6.0%<br />
Employees 1,100<br />
No. of production of sites 2<br />
• No. 1 in newsprint in South Africa<br />
• Leading positions in paper<br />
merchanting in emerging Europe<br />
Directors’ <strong>report</strong><br />
Annual <strong>report</strong> and accounts 2009 <strong>Mondi</strong> Group 5