HP & JK Paper tie-up for ColorLok Papers in India

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

JK Paper Ltd has tied up with Hewlett Packard (HP) for its internationally acclaimed 'ColorLok' technology. With this JK Paper, joins the select List of 11 leading global paper companies like International Paper, Stora Enso, M-Real, Mondi, APRIL, Domtar etc who have been licensed 'ColorLok' technology by HP to provide high quality printing experience. JK Paper owns the largest selling...

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Fortune Paper Mills to install 100 TPD Absorbant Kraft Paper Plant

adminSeptember 30, 2010

September 30, 2010

Fortune Paper Mills is installing a 100 TPD absorbant kraft paper plant in Morbi, Gujarat. The entire paper machine and pulp mill equipments are being supplierd by JMC Engineers for the Rs. 14 crores project. The fourdrinier M.G. machine has a capacity of 100 TPD which is expandable upto 130 tons. The recycled fiber based machine will produce different varieties...

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ABC Paper promoters decide to part ways

adminSeptember 30, 2010

September 30, 2010

The Khaitan and Bajaj families, promoters of ABC Paper Ltd, have decided to part ways. On 16 July, Esteem Finventures Ltd, Combine Overseas Ltd, Pavan Khaitan and J.K. Khaitan bought 8.78% stake from the Bajaj family in a share sale executed on the Bombay Stock Exchange (BSE) for an undisclosed sum. Further the stake of Bajaj family-promoted Amrit Corp. Ltd,...

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Ballarpur Industries announces acquisition of Premier Tissues

adminSeptember 30, 2010July 1, 2021

September 30, 2010July 1, 2021

Ballarpur Industries Limited (BILT) announced the signing of definitive agreements on 19th August to acquire Bangalore-based Premier Tissues India Limited (PTIL). Mr. R.R. Vederah, MD of BILT said, “The acquisition is expected to be completed by the end of this month, when BILT will take over the operat ions and management of the company from its existing management”. “With this...

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UPM Raflatac Opens Distribution Terminals In India And Turkey

adminJuly 31, 2010

July 31, 2010

UPM Raflatac has opened two new slitting and distribution terminals, in Istanbul, Turkey and Bangalore, India. The new terminals will supply local labelling markets with high-quality film and paper labelstock....

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Rainbow plans unit in Nigeria

adminJuly 28, 2010

July 28, 2010

In a recent interview with Paper Mart, Mr. Ajay Goenka, Chairman and Managing Director, Rainbow Papers, said that his company is planning a paper mill in Nigeria with a total investment of 350 crores. According to recent news reports it is said that the size of plant will be 150,000 tonnes per annum and it will cater to the African...

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JK Paper to invest 1500 crore in new capacity

adminJuly 28, 2010

July 28, 2010

JK Paper plans to invest 1,500 crore (USD 330 million) over two years to expand its paper capacity by 1,50,000 tonnes to 4,00,000 tonnes annually. The company will also set up a 2,00,000 tonne pulp mill and enhance captive power production to 55 MW from 35 MW. JK Paper intends to retain its leadership in the branded paper & office...

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Tulsi Paper to Install 150 TPD Duplex Board Machine in Gujarat

adminJuly 28, 2010

July 28, 2010

Tulsi Paper Mills Pvt Ltd is installing a 150 TPD Duplex Board machine in Bardoli, Gujarat. The project cost is said to be 50 crores (USD 11 million). Tulsi Paper plans to start production in March, 2011. The 3.2 wide paper machine has a production speed of 140 mpm, which will produce duplex board in 180 to 600 GSM. Major...

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Soham Paper to Start 150 TPD Duplex Board Machine in Morbi

adminJuly 28, 2010

July 28, 2010

Soham Paper Mills Pvt. Ltd will start production on 150 TPD Duplex Board machine in September this year. Setup with an investment of 20 crores (USD 4.5 million) the 3.3 m wide machine will produce Duplex Board in 180-420 GSM. Key suppliers of the project are Bagpet Industries for Wet end equipments, Parason Machinery for Pulp mill equipments, SPM Engmech...

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Century's Project Status & New Plant

adminJuly 28, 2010

July 28, 2010

Century Pulp & Paper is already producing about 800 TPD paper and the new packaging board machine is expected to be ready in October this year. The fiber line will also commence one month before the start-up of board machine. On the sidelines of Asian Paper in the month of June, we spoke to Mr. A.K. Bisariya, Joint President -...