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Paper, Print & Packaging

Max Ventures and Industries Ltd (MaxVIL) has forged a partnership with Japan’s Toppan Printing for its speciality films business. As part of the partnership, Toppan will invest approximately Rs 200 crore through a combination of primary and secondary share issuance, MaxVIL said in a release .Board MaxVIL has approved the induction of Toppan Printing Co […]

Indian paper manufacturers are expecting a positive outlook this year, after four years of a challenging business environment because of various measures adopted for improving their efficiencies. Mills have invested around Rs 20,000 crore over the past four years in capacity expansion, green technology and energy efficiency to meet government norms. While some non-profitable plants […]

JK paper today said that it has exited from its JV, Oji JK Packaging Private Ltd, by selling its share to Japan-based Oji Holdings Corporation. “The company has sold the shares held by it in Oji JK Packaging Private Ltd to Oji Holdings Corporation, Japan and has ceased to be a party to the aforesaid […]

The Sonepat-based Rational Business Corporation (RBC) in Haryana, has ordered an ABG Vectra ECTR 430 rewinder during the recently concluded Labelexpo India 2016 show. The ABG Vectra ECTR 430 will be attached to the existing printing press to produce finished rolls from a wide spectrum of substrates, and thus help the company become profitable, said […]

The country’s paper industry needs investments of Rs 90,000 crore by 2030 for adding new capacities to meet growing demand, JK Paper MD Harsh Pati Singhania said today. “India is the fastest growing paper market globally, growing at over 7 percent and projected to grow at over 4 percent per annum till 2030 to 27 […]

Clocking a compounded annual growth rate (CAGR) of around 16%, the packaged food market in India is expected to have crossed the $51.5 million mark in 2015, said a joint study undertaken by the Associated Chambers of Commerce of India (Assocham). “In wake of increasing disposable incomes and a growing number of nuclear families, the […]

Vijayawada will soon get a Rs. 50-crore facility to give a fillip to the plastics industry. It will be developed by the Central Institute of Plastics Engineering & Technology (CIPET). The Centre and the State governments will share the costs equally. The AP government has allotted 12.04 acres at Surampalli village of Gannavaram mandal for […]

ITC Ltd is setting up a Rs. 450-crore unit at Bhadrachalam with a capacity of 1 lakh tonnes per annum to manufacture bleached chemi-thermo mechanical pulp (BCTMP), an import substitute item. Sanjay Singh, Divisional Chief Executive, ITC’s Paperboards and Specialty Papers Division, said: “This will be the first plant in India manufacturing “Made in India […]

Parksons Packaging, a Mumbai-based manufacturer and exporter of printed and laminated folding cartons, is setting up a manufacturing base at Sri City with an outlay of Rs. 70 crore. Laying the foundation stone, Ramesh Kejriwal, Chairman, said: “We are foraying into the Southern region by setting up a unit at Sri City which has been […]

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