Papastratos has completed the first phase-milestone of the largest “green” investment in its history, which marks the transition of its factory in Aspropyrgos to a model of sustainable industrial operation.
This investment is being implemented within the framework of Papastratos’ sustainable development strategy and the Zero Carbon Tech program of its parent company Philip Morris International (PMI).
According to the company’s announcement, the electrical interconnection of the new photovoltaic station installed on the roofs of the production buildings has been completed, a high-tech project with increased requirements.
The project includes the installation of 4,000 solar panels with a total capacity of 2.4 MW, which will produce 3.5 GWh of clean energy annually, equivalent to the average consumption needs of approximately 1,000 households.
Energy upgrade
This is essentially the first of a series of steps that will lead to the energy upgrade of the Papastratos factory, drastically reducing carbon dioxide emissions. The next steps include the upgrade of the factory systems and the installation of an electric industrial boiler and heat pumps. The successful completion of the first step is yet another practical confirmation of Papastratos’ commitment to sustainable development, combining technological innovation and environmental responsibility, as emphasized by the company.
George Margonis, CEO of Papastratos, stated: “Sustainable development and responsible production is a one-way street, however, it is not a condition that is achieved from one day to the next. It is a continuous path of evolution, which we all must follow. For us, at Papastratos, the green transition is a commitment and responsibility that we have undertaken for years. We are happy to have implemented the first phase-stage of the largest green investment in our history, through which we take another substantial step towards the ‘Factory of the Future’ that will continue to produce with respect for the environment, utilizing technology as a force for change. We are investing in our factory in order to practically build the Industry of tomorrow, more resilient, sustainable, and humane.”
ANA-MPA
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