€33.9 million upgrade for three packaging plants in Greece

Packaging plant in Corinth Greece credit DS Smith
Business

DS Smith, a renowned British sustainable packaging solutions provider, has unveiled a substantial 33.9 million euro investment plan to upgrade its three packaging facilities in Greece.

The three sites to undergo transformation are a packaging plant in Ancient Corinth, Greece; a 'Box Plant' in the town of Ierapetra, Crete; and a box storage facility in Thessaloniki, Greece.

The investment initiative, scheduled to be completed over the next two years, aims to enhance overall productivity and support future growth strategies in the Eastern European market. Upgraded packaging machinery will be installed at the sites to drive efficiency.

The first phase of the plan will commence at the Ierapetra plant, between May and October this year. Subsequently, the modernisation of equipment at the Ancient Corinth and Thessaloniki sites will be undertaken, with an emphasis on reducing raw material wastage.

Packaging plant in Corinth Greece credit DS Smith
Packaging plant in Corinth, Greece © DS Smith


This significant investment aligns with DS Smith's Now & Next Sustainability Strategy, which accelerates their transition towards a circular economy. The company remains committed to promoting sustainability and environmentally conscious practices in its operations.

Reinier Schlatmann, Regional Managing Director, DS Smith East Europe, said: As a sustainable packaging supplier, we are proud of our investment in state-of-the-art technology to expand options for reducing problematic plastics with our customers.

Latest Packaging News

Policy on top: What the latest packaging reforms mean for the drinks industry
Business

Policy on top: What the latest packaging reforms mean for the drinks industry

London Packaging Week hears from Jason Galley of the MPMA, who explores what the latest packaging...
Autopack and SIDE set sights on personal and home care blow moulded packaging
Supplier News

Autopack and SIDE set sights on personal and home care blow moulded packaging

Leading independent integrator of packaging lines Autopack has been appointed UK and Ireland...
Countdown to PPMA Show 2025: Meet Acer Machinery at stand D96
Supplier News

Countdown to PPMA Show 2025: Meet Acer Machinery at stand D96

There are only two weeks to go until the PPMA Show: the UK’s biggest processing and packaging...
New technology turns flexible packaging waste into pyrolytic oil for food-grade plastics
Technology

New technology turns flexible packaging waste into pyrolytic oil for food-grade plastics

Greenback Recycling Technologies is proud to announce the first U.K. deployment of its Enval®...
Bold new look unveiled for The UK Food & Drink Shows 2026 and beyond
Events

Bold new look unveiled for The UK Food & Drink Shows 2026 and beyond

The UK Food & Drink Shows is where the industry comes together, annually. In 2026, it will...