DS Smith, a leading packaging company, invests in its Greek packaging facility operations. The company (DS Smith) invests €17.6 million into its Korinthos-based packaging facility.
This investment is part of a larger €33.9 million plan targeting DS Smith’s three box plants in Greece. The two-year strategy aims to enhance production capacity and drive innovation.
The Korinthos facility will see a 30% increase in production capacity. This boost will help meet growing demand for sustainable packaging solutions.
DS Smith’s investment focuses on improving energy efficiency and advancing sustainability goals. The company committed to developing innovative packaging alternatives to replace plastic.
Reinier Schlatmann, Regional Managing Director for DS Smith East Europe, expressed enthusiasm about the investment. He highlighted the project’s completion as a milestone for the company’s Greek market strategy.
Schlatmann emphasized the investment’s impact on capacity, quality, and product portfolio. He noted that it would strengthen DS Smith’s position in the important Greek market.
The company’s focus on sustainability aligns with global trends towards eco-friendly packaging. DS Smith’s investment reflects the industry’s shift towards more responsible production methods.
This move by DS Smith demonstrates confidence in the Greek market’s potential. It also showcases the company’s commitment to innovation and sustainability in the packaging sector.
The investment is expected to create new job opportunities and stimulate local economic growth. It positions DS Smith as a key player in Greece’s evolving packaging industry.
As consumer demand for sustainable packaging grows, DS Smith’s investment appears timely. The company is well-positioned to meet market needs and drive industry standards forward.