De La Rue ________________________________________________________________________________________________________
Outside of our current markets , we ’ ve had discussions about cosmetics , electronics , and even cheese !
GRS space growing significantly , as it supports government revenues and reduces illicit trade to bring more tax into the economies .
“ We currently run tax schemes for tobacco , alcoholic drinks , and soft drinks , but we ’ re involved in ongoing conversations over pilot projects or expanding into other geographies ,” he reveals . “ Outside of our current markets , we ’ ve had discussions about cosmetics , electronics , and even cheese ! As part of a dynamic , fast-moving market , we ’ ll continue our journey over the coming years to ensure we continually meet the evolving needs of our clients .”
Within currency , on the other hand , Terry adds : “ We ’ ll continue our focus on polymer currency production , with designs and innovative additions that offer a sustainable alternative to paper currency . Across a banknote lifetime , polymer produces 60 percent waste and uses 96 percent less water , compared to the equivalent paper banknote substrates . We must keep expanding while pushing our cost base down to enhance our efficiencies , capabilities , and performance , ensuring we remain competitive in the market , and close to our customers ’ needs with our offerings and solutions .
“ We will continue to improve our assets ’ capabilities and efficiencies across all our sites , and more importantly invest in people as we grow within both divisions ,” he concludes . “ We won ’ t stand still ; we will keep pushing ourselves to retain , nurture and grow what we have worked so hard for and achieved over the last 200 years , whilst also taking advantage of the growing need for solutions that work across digital and physical interfaces .” ■
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