AB Grigeo Klaipedos Kartonas Launches Paper Honeycomb Line
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AB Grigeo Klaipėdos Kartonas, a subsidiary company of AB Grigeo Grigiškės, Lithuania, has successfully implemented an investment project and met the year 2016 with a new honeycomb production line, which has already started to produce commercial products.
The investment value of the project amounts to EUR 1.5 million. The new line added to the existing paper honeycomb productivity will contribute 25 million m˛ of production per year, thereby increasing the total annual capacity to 38 million m˛.
This is one more step in AB Grigeo Grigiškės group strategy, expanding the honeycomb sales volume and consequently increasing the company's competitiveness and market value.
