{"id":2627,"date":"2024-09-25T07:43:53","date_gmt":"2024-09-25T11:43:53","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=2627"},"modified":"2024-09-25T07:43:53","modified_gmt":"2024-09-25T11:43:53","slug":"ds-smith-completes-e17-6m-investment-in-greece","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=2627","title":{"rendered":"DS Smith completes \u20ac17.6m investment in Greece"},"content":{"rendered":"


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The move forms part of a wider \u20ac33.9m investment plan in the country. Credit: DS Smith.<\/figcaption><\/figure>\n<\/p><\/div>\n

DS Smith<\/a>, a leading provider of sustainable packaging solutions, has announced the completion of a significant investment in its box plant in Korinthos, Greece.<\/p>\n

The \u20ac17.6m ($19.7m) upgrade is part of a broader \u20ac33.9m investment plan aimed at enhancing production capacity, energy efficiency, and innovation in the Greek packaging market.<\/p>\n

The investment in Korinthos has resulted in a 30% increase in production capacity, thanks to the installation of state-of-the-art equipment, including a new corrugator and a high-speed printing machine.<\/p>\n

These upgrades have not only boosted productivity but have also improved the quality of the packaging solutions DS Smith offers to its customers.<\/p>\n

\u201cThis latest investment will significantly increase our capacity, quality, and portfolio of innovative packaging solutions,\u201d said Reinier Schlatmann, regional managing director of DS Smith East Europe.<\/p>\n

\u201cIt will also enable plastic replacement alternatives and further strengthen our position in this important market\u201d.<\/p>\n

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