Peter Oswald also confirmed that Mondi will continue to grow through value-enhancing investment in its existing operations and evaluate further potential acquisitions of complementary businesses, according to a press release. Peter Oswald explained that he sees the packaging industry as part of the solution to some of the challenges facing the world today, such as food waste and changing demographics. “We can help reduce food waste by creating smaller portion sizes and barrier solutions that extend food shelf-life; we can offer more convenient packaging solutions to better suit the needs of our ageing population and the growing number of single households; and we try hard to reduce the materials used in packaging and lower CO2 emissions through lighter-weight solutions,” explained Oswald.