€13 million investment in innovative packaging solutions and significant production boost in Romania

We are increasing our footprint in the Romanian market with an investment of over €13 million in our Ghimbav production site. Work at Ghimbav is expected to be completed by the end of 2023, and will support customers’ sustainability goals as well as reducing our carbon emissions on site.

This investment will support ongoing plastic replacement with customers, increase capacity by over 20%, and significantly boost productivity. With a continued focus on innovation, the investment will further differentiate our offering in the market by supporting customers to reach environmental targets. 

The investment is part of our ambitious growth strategy in East Europe, driving leadership in sustainable packaging solutions across the region while creating value for our customers and partners.

In line with our commitment to sustainability, this strategic investment will support the goal to meet Net Zero emissions by 2050. The upgrades at Ghimbav will reduce the site’s gas consumption by 12% and cut its carbon emissions by 210 tonnes CO2 per year through the introduction of a steam optimisation feature to the cardboard production machine.
more at: https://www.dssmith.com/media/our-stories/2023/9/13-million-investment-in-innovative-packaging-solutions-and-significant-production-boost-in-romania

Related Posts

Total U.S. Packaging Papers & Specialty Packaging Shipments Decreased Two Percent in February 2022

Total packaging papers & specialty packaging shipments in February decreased two percent compared to February 2021. They were down two percent when compared to the same two months of 2021. The operating rate was 86.8 percent, down 1.1 points from February 2021 and down 1.0 points year-to-date. Mill inventories at the end of February increased two thousand short tons from the previous month, and were down 11 thousand short tons compared to February 2021.

Metsä Board Corporation Interim Report 1 January – 30 September 2017

January–September 2017 (1–9/2016) • Sales were EUR 1,397.3 million (1,298.5). • Comparable operating result was EUR 139.1 million (104.7), or 10.0 per cent (8.1) of sales. The operating result was EUR 152.7 million (93.8). • Comparable earnings per share were EUR 0.27 (0.21), and earnings per share were EUR 0.30 (0.18). • Comparable return on capital employed was 10.6 per cent (8.3). July–September 2017 (4–6/2017) • Sales were EUR 478.6 million (474.2). • Comparable operating result was EUR 50.4 million (43.5), or 10.5 per cent (9.2) of sales. The operating result was EUR 60.6 million (46.9). • Comparable earnings per share were EUR 0.08 (0.09), and earnings per share were EUR 0.11 (0.09). • Comparable return on capital employed was 11.5 per cent (10.3). Click Read More below for additional information.

Crown Invests In Capabilities Of Its Bevcan Graphics Studio, Delivering A 26 Percent Increase In Activity

To support the delivery of beverage packaging innovations that increase shelf appeal, convenience and sustainability and continue providing world-class customer service, Crown Europe has made major investments in its Bevcan Graphics Studio. The facility, based in Leicester, U.K. features new computer-to-plate (CTP) imaging technology, a new 8-colour proofing machine to complement the existing upgraded version and additional enhancements to its flat digital proofing capabilities. “Crown recognizes that packaging is an essential element of brand identity, which is built on consistency, quality, innovation and graphical excellence,” said Ian Gannicott, General Manager Graphics at Crown Bevcan Europe and Middle East. “Our investments in the Graphics Studio were made with the customer front of mind, and from the results we have seen so far, we are confident that we focused efforts in the right places. In 2017, activity levels soared by 26 percent on top of an already busy visit schedule, which demonstrates the quality, dedication and commitment our team delivers every single day.” Click Read More below for additional information.
Back To Top
×Close search
Search