DS Smith invests €17.6 Million in its Korinthos based packaging facility in Greece to drive sustainable packaging innovation and increase production capacity by 30%

Feed: 150 - Date: 10/2/2024 - Views: 104

The investment will lead to a further 30% increase in the facilities production capacity and is part of an overall €33.9 million investment plan focussed on DS Smith’s three box plants in Greece over a period of two years.

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The investments are expected to significantly enhance the DS Smith’s production capacity, improve energy efficiency, and contribute to the company’s sustainability and innovation goals in the packaging sector.
 
''I am happy to announce the completion of an almost €18m investment in our Korinthos plant as part of an overall investment program totaling nearly €34m in the Greek market.''
 
Reinier Schlatmann
Regional Managing Director, DS Smith East Europe
 
''This latest investment will significantly increase our capacity, quality, and portfolio of innovative packaging solutions. It will also enable plastic replacement alternatives and further strengthen our position in this important market.''
 
 
 
Source:https://www.paperadvance.com/
 

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