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Tag : Mumbai

JK Paper to Continue Exploring Inorganic Growth Possibilities

Manik Seth
Four-Five mills in India at present may offer attractive propositions in the line of JK’s inorganic growth strategy. Companies other than JK, venture capital firms, and private equity firms are also willing to invest in such acquisitions. As the non-binding buyout offer by JK Paper Ltd to buy two units...

Bearings, Critical to Machines’ Movement

Manik Seth
Bearing is a high precision machine component and the most crucial part of any rotary machine. Selection, proper installation, lubrication, contamination control and maintenance of bearings are essential to ensure smooth and efficient functioning of a machine. ZKL Bearings (India) Pvt. Ltd. is the Indian Associate of the internationally acclaimed...

FPTA: The Indian Paper Industry to Firmly Grow Across All Segments

Manik Seth
We are about 14.5 million tonne as of now, projection says by 2020 our consumption and production will grow up to 20 million tonne and by 2030 we should be around 26.5 million tonne. So, we are talking about 6-7 percent growth in demand which clearly doesn’t exist in other...

India’s Paper Production to Touch 20 Million Tonnes by 2020: Harsh Pati Singhania

Manik Seth
India’s paper production capacity growing at over 7 per cent annually. September 23, 2016 JK Paper’s vice chairman and managing director, Mr. Harsh Pati Singhania, said that the Indian paper industry is growing at over 7 percent and projected to grow at over 4 percent per annum until 2030. Mr....

Huhtamaki Sets Foot in the Foodservice Packaging Market in India

Manik Seth
With the acquisition of 51 percent stake in Valpack, Huthumaki eyes its key customers already present in India. The debt-free purchase price was around EUR 2 million. July 22, 2016 Huhtamaki has acquired 51 percent of Val Pack Solutions Private Limited (“Valpack”), a privately held paper cup manufacturer based in...

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...

Paswara Papers Commissions Its Greenfield Multi-layer Kraft Paper Facility

Manik Seth
Rs. 275 cr plant is about to begin the commercial production with trial runs undertaken in April 2016 May 31, 2015 Paswara Papers Ltd. has established a new Greenfield project to manufacture 1,25,000 tonne multi-layer kraft paper per annum in Meerut with capital Investment of about Rs. 275 crore. The...

Ecosystem of Paper Industry Turning Healthier

Manik Seth
I have experienced positive developments in ecosystem of the Industry. There is more dialogue, effort to understand each other’s issues and intentions of resolution, says Mr. Pradeep Dhobale who spearheaded ITC – PSPD over a long period with tremendously amazing outcomes. Mr. Pradeep Vasant Dhobale’s name is sure to be...

PAPER LINK INTERNATIONAL FZCO : A link for buyers and sellers

Manik Seth
Paper Link International Fzco, Dubai, has been in operation for the last fourteen years. The company started in a small way: It took dealership of ITC Limited, India (Paper Boards and Specialty Papers Division), representing them for UAE and Bahrain. As the demand of Food Board, Duplex Board, Cup Stock...

BASF India Ltd., Mumbai

Manik Seth
BASF is the world’s leading supplier of chemicals for the paper and board industry. Its innovative solutions help papermakers deliver top quality products and increase their productivity while reducing the total cost of operation. BASF’s value-adding portfolio of paper chemicals goes into every stage of manufacturing – from process chemicals...
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