Mondi Closes Factories and Raises Prices

Apr 24, 2026, 07:07

Introduction

Mondi is a company that makes paper and packaging. It says costs are going up because of the war in the Middle East. So, Mondi is closing some factories and raising prices.

Main Body

Mondi will close factories in Hungary, Poland, and Germany. It will also close factories in Turkey and other places in Germany. The company will cut 450 jobs in 2026. Mondi has about 24,000 workers in more than 30 countries. One factory is in Birmingham. The company says business is hard in 2026. Costs for energy, materials, and transport are higher. Mondi is raising prices to pay for these costs. The full effect of the price rises will come later in 2026. Mondi made less money this year. Its earnings fell by 27% to €212 million. The company''s share price went down by 5% on Friday. The boss of Mondi, Andrew King, says the company will work hard to manage costs and stay strong.

Conclusion

Mondi is closing factories and raising prices to deal with higher costs and lower earnings. The full effect of the price changes will come later this year.

Vocabulary Learning

close
To stop a business or factory from working.關閉（停止營業或工廠運作）
Example:The company will close two factories next month.
cost
The money you need to pay for something.成本（需要支付的錢）
Example:The cost of food is going up.
job
Work that a person does to earn money.工作（賺錢的工作）
Example:She has a job in a hospital.
money
Coins or paper used to buy things.錢（用來買東西的硬幣或紙幣）
Example:I need money to buy a ticket.
raise
To make something higher or more.提高（使更高或更多）
Example:The store will raise the price of bread.

Sentence Learning

Mondi is a company that makes paper and packaging.
This sentence uses the present simple tense to describe a fact. 'That' connects the main idea to more information.本句使用現在簡單式來描述一個事實。'That' 用來連接主要概念與更多資訊。
It says costs are going up because of the war in the Middle East.
This sentence uses the present continuous tense 'are going up' to show a continuing change. 'Because of' gives the reason.本句使用現在進行式 'are going up' 來表示一個持續的變化。'Because of' 提供了原因。
Mondi will close factories in Hungary, Poland, and Germany.
This sentence uses 'will' to talk about a future action. The list of countries shows where the factories are.本句使用 'will' 來談論未來的行動。列出的國家顯示了工廠的位置。
The company will cut 450 jobs in 2026.
This sentence uses 'will' for a future plan. 'Cut 450 jobs' means to reduce the number of workers.本句使用 'will' 表示未來的計劃。'Cut 450 jobs' 意思是減少員工人數。
Mondi is raising prices to pay for these costs.
This sentence uses the present continuous 'is raising' for an action happening now. 'To pay for' shows the purpose of the action.本句使用現在進行式 'is raising' 來表示正在進行的動作。'To pay for' 說明了這個動作的目的。