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Paper, Print & Packaging

ITC’s Paperboards and Specialty Papers Division has streamlined procurement of pulp wood from farmers. By engaging with farmers directly for its mill at Sarapaka in Bhadradri-Kothagudem district in Telangana, the mill has procured nearly 75 per cent through direct purchases in the Khammam district. https://www.thehindubusinessline.com/todays-paper/tp-news/article26575233.ece

French packaging group Albéa and US private equity fund Blackstone Group are in advanced negotiations to take a controlling stake in Essel Propack (EPL), India’s largest specialty packaging company, according to three people aware of the development. https://economictimes.indiatimes.com/industry/indl-goods/svs/packaging/alba-blackstone-in-talks-to-acquire-specialty-packaging-company-essel-propack/articleshow/67825638.cms

Essel Propack, a global leader in manufacturing of laminated tubes, launched a new generation extrusion laminator , at its plant in Vasind, Shahapur district, Maharashtra. The company invested a sum of Rs 39 crore on the capex. https://www.business-standard.com/article/companies/essel-propack-expands-tube-capacity-invests-rs-39-cr-in-next-gen-laminator-119010700918_1.html

Indonesian pulp and paper giant Asia Pulp & Paper Group (APP) is setting up not only India’s but perhaps the largest paper mill in a single site in the world with a capacity of a staggering 5 million tonnes per annum in Ramayapatnam in Coastal Andhra’s Prakasam district. https://economictimes.indiatimes.com/industry/indl-goods/svs/paper-/-wood-/-glass/-plastic/-marbles/at-3-5-billion-andhra-pradesh-gets-indias-single-biggest-fdi/articleshow/67403928.cms

JK Paper Ltd. is aiming to achieve 15 percent compounded annual growth rate in revenue over the next five years. JK Paper will have a minimum capacity of one lakh tonnes next year. This will increase to about 1.3 lakh tonnes after the acquisition of a plant in Sirpur. In the next two-and-a-half years, the […]

Indian paper industry is expanding at a rate of 6-7 per cent which would drive the growth of Century Pulp and Paper, the company said Sunday. Company, one of the largest paper manufacturing companies, is making a foray into retail tissue paper segment and is launching a campaign to create awareness among masses about benefit […]

Ballarpur Industries is planning to make an investment of Rs.125 crore for reviving the ailing rayon and paper grade sick AP Rayon unit. Investment will be used for modifications in plant and machinery and upgradation and 10% of this investment will be extended as investment subsidy by state. Unit is located at Kamalapur in Warangal […]

Tinplate Company of India (TCIL), a subsidiary of Tata Group, is mulling to expand capacity expansion by improving domestic demand for packaging. Road map for the proposed augmentation will be finalised by 2019. Company will either look at expanding production in the existing plants or will install new ones. TCIL has an installed capacity of […]

Project work has recently commenced on Rajmax kraft papers unit in Gujarat. Promoter has further shared with Projects Today that unit located at Sundargadh village, Halvad taluka, Morbi in Surendranagar district of Gujarat will come up by June 2020 which was scheduled to be completed by 2017.  Paper unit with a capacity of 300 tpd […]