Modern Karton

What Modern Karton does

Modern Karton Sanayi ve Ticaret A.Ş. is Turkey's largest and one of Europe's leading corrugated cardboard paper producers, manufacturing containerboard grades (testliner, fluting, KBTL, ModKraft, HydroModest, Modern Dual 1) and industrial starch at industrial scale for packaging manufacturers, paper converters, textile firms, and construction materials producers. Following the 2025 commissioning of the PM6 line, the company operates 2 million tons of annual paper capacity across four paper machines in Çorlu (Tekirdağ) and Zonguldak, supported by 292,181 m² of open area and 374,855 m² of enclosed facility space. Production uses 100% recycled waste paper as feedstock and is integrated with advanced wastewater treatment (50% water recovery via reverse osmosis), anaerobic biogas production (45,000 m³/day), Turkey's first solid waste incineration plant (27.6 MW), a coal-fired CHP steam plant (170 MWt), and Turkey's first NOx treatment facility among coal-thermal plants at the Eren Energy site.

Name

Modern Karton

Legal name

Modern Karton Sanayi ve Ticaret A.Ş.

Website

https://modernkarton.com.tr

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Modern Karton is Turkey's largest and Europe's fifth-largest corrugated cardboard paper producer, manufacturing 2 million tons annually of containerboard (testliner, fluting) and industrial starch from 100% recycled paper across facilities in Çorlu and Zonguldak, exporting to 38 countries.

Ownership category

akta.pro rank

Product category

Containerboard and Industrial Paper Manufacturing

NAICS

Paper Mills (322120), Pulp, Paper, and Paperboard Mills (3221)

SIC

Paperboard Mills (2631), Paper Mills (2621)

akta.pro primary industry

Recycled Containerboard (Testliner) Manufacturing (IMAMAFAB)

akta.pro secondary industries

Paperboard Sheet & Roll Converting (Slitting/Sheeting/Rewinding) (IMAMAFAM), Packaging Papers & Converted Paper Distribution (Corrugated sheets/boxes, Paper bags, Labels, Stationery) (IMAMAIAI)

Keywords

• Corrugated cardboard paper
• Industrial starch production
• Recycled paper manufacturing
• Containerboard manufacturing
• Packaging paper supply

Headquarters

HQ city

Istanbul

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Paper Products: Manufacturing and sale of corrugated cardboard paper including testliner, fluting, and specialty papers. Main products: BTL1 (White Testliner), FL (Fluting), KBTL (White Top Testliner), MK (ModKraft), NSSC (HydroModest), TL (Testliner), UNO (Modern Dual 1)
2. Industrial Starch: Production and sale of natural and modified corn starch for paper, packaging, textile, and construction industries. Products: Modern Nişasta (natural), Modern Link, Modernox 70, Modernox 250. Annual capacity of 136,500 tons from 43,000 m² facility in Corlu.
3. Starch By-products: Sale of corn processing by-products: corn steep liquor, corn gluten, corn bran, broken corn, and maceration water for animal feed and vegetable oil industries

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Modern Karton manufactures and sells corrugated cardboard paper products, including testliner, fluting, white top testliner, ModKraft, and HydroModest grades, produced from 100% recycled waste paper at facilities in Çorlu and Zonguldak with 2 million tons of annual capacity. The company also produces and sells industrial corn starch (natural and modified) and related by-products (corn gluten, corn bran, corn germ, broken corn, maceration water) for the paper, packaging, textile, and construction materials industries. Products are sold B2B through direct sales negotiations and long-term contracts to industrial customers in Turkey and 38 export markets.

Product overview

Modern Karton is a paper and industrial starch manufacturer operating under Eren Holding. The company's product portfolio consists of two main categories: (1) Kağıt (Paper/Corrugated Container Board) - the core product with multiple sub-brands including Testliner, Fluting, White Testliner, ModKraft, and HydroModest grades, manufactured at Çorlu and Zonguldak facilities with 2 million tons annual capacity using 100% recycled waste paper; and (2) Nişasta (Industrial Starch) - including natural starch (Modern Nişasta), modified starches (Modern Link, Modernox 70, Modernox 250), and by-products (Corn Germ, Corn Gluten, Corn Bran, Broken Corn, Maceration Water) produced at a 136,500 ton/year facility in Çorlu. The company also operates steam production and wastewater treatment facilities supporting its manufacturing operations.

Differentiator

Problem solved

Functional benefit

Brands

• ModKraft (MK): Corrugated cardboard paper product brand.
• HydroModest (NSSC)
• Modern Dual 1 (UNO)
• Modern Nişasta
• Modern Link
• Modernox 70
• Modernox 250

Products and services

• Corrugated Cardboard Paper (Kağıt / Containerboard) Containerboard paper products (testliner, fluting, white top testliner, ModKraft, HydroModest) manufactured from 100% recycled waste paper for corrugated cardboard packaging manufacturers and paper converters in Turkey and 38 export markets.
• Industrial Starch (Nişasta) Natural and modified corn starch products (Modern Nişasta, Modern Link, Modernox 70, Modernox 250) for paper, packaging, textile, and construction materials industries, plus by-products including corn germ, corn gluten, corn bran, broken corn, and maceration water for animal feed and vegetable oil industries. Produced at the 136,500 tons/year facility in Çorlu.

Quantifiable outcome

• 17 million trees preserved annually by using 100% recycled paper
• +8 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Eren District Vocational and Technical Anatolian High SchoolminorOthers · 1 January 2019Modern Karton funded construction of a 16-classroom vocational high school in Ergene district of Tekirdag with 480 students capacity, including mechanical workshop building. Opened for 2019-2020 academic year.
• MEDCEM (Eren Holding Group)coreStrategic or Co-development PartnerBiogas produced at Modern Karton's wastewater treatment (45,000 m³ daily) is used as biofuel at MEDCEM facility for energy generation. Solid waste and treatment sludge from wastewater treatment also sent to MEDCEM's Solid Waste Incineration Plant for energy recovery.
• Cement Factories (Regional)minorOthersAsh from Modern Karton's coal-fired power plant is used as alternative raw material by regional cement factories, completing the circular economy loop.

Scale indicators20 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Smurfit Kappa: World's largest containerboard producer with ~17 million tons of capacity across Europe and the Americas. Direct comparable as integrated paper and corrugated packaging producer with extensive European footprint and sustainability focus.
• Mondi: UK-listed European integrated paper and packaging group with major containerboard production. Direct comparable given its scale in corrugated packaging materials and presence across UK/EU markets where Modern Karton competes.
• Stora Enso: Finnish-Swedish forest products company with significant containerboard and packaging paper operations in Europe. Comparable as a major European recycled and virgin-fiber containerboard producer competing for similar customers.
• Nine Dragons Paper: World's largest containerboard producer with ~18 million tons of capacity, primarily in China. Comparable as a leading global containerboard manufacturer, though primarily Asia-focused and at much larger scale.
• International Paper: Global leader in containerboard, corrugated packaging, and pulp. Comparable at the parent/industry level as a publicly-listed containerboard incumbent serving packaging customers worldwide.
• Sappi Europe: European division of South African paper group with significant containerboard and specialty paper production. Comparable as a European integrated paper producer with recycled content and packaging exposure.

Direct peers

• Prinzhorn Group (Hamburger Containerboard): Austrian family-owned containerboard producer with ~2.3 million tons of capacity across multiple European mills. Most direct comparable given similar scale, recycled-paper focus, and family-owned European positioning.
• Heinzel Group: Austrian containerboard and market pulp producer with operations across Central/Eastern Europe. Comparable as a mid-sized European containerboard specialist serving similar packaging converters.
• Klabin: Brazil's largest packaging paper producer with integrated containerboard and kraftliner production. Comparable as a large emerging-market containerboard producer with vertically integrated pulp operations.
• Rondo Ganahl: Austrian family-owned paper producer specializing in testliner and corrugated medium. Comparable as a European recycled containerboard specialist competing in similar product categories to Modern Karton's testliner/fluting range.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/modern-karton-sanayi-ve-ticaret-a-s
• Facebookfacebook.com/140109562798586

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modern Karton