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Tag : EBITDA

CENTURY PULP & PAPER: From Deficit to Surplus: An Awesome Tale

Manik Seth
Century’s gloomy financial outlook during years 2008-2012 was an outcome of several lapses in operations and administration; a new team harnessed for the purpose located blockages and cleared the way for new performance standards which Century seems to be scaling now. Century is probably among few mills in the country...

Paper Industry, by nat ure, is Relatively Stable and Community Oriented

Manik Seth
Acquisition of overseas plantations, setting a pulp mill outside, continued experiments in agro-social-farm forestry, and even selling imported coated paper under its brand, among other things, are on the itinerary of JK’s journey ahead, feels Mr. V. Kumaraswamy. Hinting towards a xeroxed news article with a curious smile, he says,...

Kemira acquires AkzoNobel’s paper chemical business

Manik Seth
July 8, 2014 Kemira has reached a preliminary agreement to acquire AkzoNobel’s global paper chemicals business. The parties will also enter into a distribution agreement for AkzoNobel’s colloidal silica business for retention and drainage applications for the paper industry. The closing of the intended transaction is expected in the first...

“Current Capabilities and Emerging Challenges and Solutions”

Manik Seth
On the 50th Golden Jubilee celebration of IPPTA, leaders of the industry got together to discuss the certain subjects pertaining to theme of the seminar. Each one presented his views and shared their rich experience which resulted in intellectual stimulation for all the delegates. The eminent guest gave a wonderful...

Slow & Steady wins the race

Manik Seth
During our childhood days, all of us would have read about “Hare & Tortoise” fable. The famous lesson from the fable was “Slow & Steady wins the race” however, most of the times; the first mover advantage holds true (except in some cases). But now there is a slight change...

Prescriptions for Change

Manik Seth
At the outset IPPTA organized its annual seminar in Kolkata, where distinguished members of the industry participated, discussed and everyone put forward their point of view about the industry, its challenges & opportunities and how can we overcome them. On his way of starting the proceedings as a moderator he...

Trident Ltd: “Nai Udaan Nai Pehchaan”

Manik Seth
Trident recently organized its three day Business Associates Summit themed “Hum Kadum”. During the three day event they recapped last year's performance and planned for the next year. We spoke to Mr. Rajinder Gupta, Chairman, Trident Group & Mr. Rajeev Gupta, Business Head - Trident Paper on various subjects including theme of event, plans ahead, challenges, measuring business performance and

International Paper : First Company to Enter Indian Territory through APPM Acquisition

Manik Seth
In a move which is being noticed by the global paper industry, International Paper made the first acquisition by an overseas company in India by acquiring Andhra Pradesh Paper Mills Ltd (APPM). IP has entered into agreements with Mr. L.N. Bangur, and related family members and affiliates to purchase approximately 53.5 percent of the outstanding shares of Andhra Pradesh Paper
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