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Pudumjee Industries Concludes a Three-way Demerger

Pudumjee Industries Concludes a Three-way Demerger

All employees of the existing three companies, who are related to the paper business, have moved to the new entity February 24, 2016 Pudumjee Industries on Wednesday said it has completed the demerger of paper related business and manufacturing assets of its... (Continue reading)

BILT Defers Selling of Malaysian Forest Arm Sabah Forest Industries

BILT Defers Selling of Malaysian Forest Arm Sabah Forest Industries

BILT expects to receive a net USD 350 million from the divestment March 15, 2016 With Gautam Thapar’s Ballarpur Industries (BILT) yet to sell its Malaysian forest arm, anxious banks are trying to figure out how the company will arrange funds to... (Continue reading)

Pulp & Paper Gets ‘Red’ in Colour-coded Categorisation of Industries

Pulp & Paper Gets 'Red' in Colour-coded Categorisation of Industries

The categorisation is based on a pollution index developed by the environment ministry taking into account the emissions, effluents, and hazardous waste generated, and the resources it consumes March 6, 2016 Despite of being one of the most sustainable industries in terms... (Continue reading)

CM Jaya Inaugurates TNPL’s New Board Plant at Mondipatti

CM Jaya Inaugurates TNPL's New Board Plant at Mondipatti

This plant will generate over 2,000 jobs directly and indirectly January 29, 2016 Tamil Nadu Newsprint and Papers’ Rs. 1,650-crore multi-layer board plant was formally commissioned at Mondipatti on January 29. The Chief Minister J Jayalalithaa inaugurated the TNPL factory over a... (Continue reading)

Mehali Papers Starts Work on its New 150,000 TPA Plant in Gujarat

Mehali Papers Starts Work on its New 150,000 TPA Plant in Gujarat

Total project cost is estimated at 500 crores January 31, 2015 Mehali Papers Pvt. Ltd. began the construction work on its new plant in Gujarat in May 2015. The start-up is targeted somewhere by the fourth quarter of 2016. Total project... (Continue reading)

Indian Paper Companies Ask for Import Duty Cut on Key Raw Materials

Indian Paper Companies Ask for Import Duty Cut on Key Raw Materials

IPMA has demanded reduction in the excise duty on several varieties of paper and paperboard January 26, 2016 The paper industry has suggested the government to eliminate import duty on key raw materials, including wood logs and chips, in the forthcoming budget... (Continue reading)

Papers Companies Concerned Against More Dumping from China and Indonesia

Papers Companies Concerned Against More Dumping from China and Indonesia

Domestic paper companies’ fear is due to high countervailing duty in the US, India-ASEAN FTA February 3, 2016 Paper companies fear a sharp increase in dumping from China and Indonesia after the United States imposed countervailing/anti subsidy duty of 5.82% -131.12%... (Continue reading)

Andhra Revokes Land Allocation to White Field Paper Project

The allocation of 271 acres, including government land of 203 acres, along with the memorandum entered into was cancelled January 14, 2016 The Andhra Pradesh government has cancelled the land allotment made to White Field Paper Mills Limited which has proposed a... (Continue reading)

ITC Paperboards Gears up for a Revamped Farm Forestry Plan

ITC Paperboards Gears up for a Revamped Farm Forestry Plan

ITC is also developing a 10,000 hectares of agro forest in Odisha January 13, 2016 In an effort to strengthen the farm forestry initiative, ITC Paperboards and Speciality Papers Division (PSPD) has developed demonstration plots to showcase various agronomic practices and agroforestry... (Continue reading)

Telangana’s All Help for BILT Unit Revival

Telangana CM K Chandrasekhar Rao writes to Naidu on securing raw material for the unit’s revival January 22, 2016 Telangana Chief Minister K Chandrasekhar Rao has requested his Andhra Pradesh counterpart N Chandrababu Naidu to help revive the paper unit of Ballarpur... (Continue reading)

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