Emami Paper Mills Ltd, part of the Rs 20 billion Emami Group,will invest Rs 25 billion to set up a paper mill in West Bengal. Emami Paper signed a memorandum of agreement with the West Bengal Industrial Development Corp. The paper mill, with an installed capacity of 600 ton per day, will be located in the paper park being set up by the state government in West Midnapore over 2000 acres.
The proposed plant would be located at Kulti Kuri near Jhargram in the West Midnapore district. The new plant will be wood-based and will manufacture newsprint and writing paper. The state forest department is likely to supply one third of the raw material to the plant, and the company will procure rest of the supplies. The plant is expected to come by 2012 end.
The company, set up in 1982, has paper mills in Dakshineswar (near Kolkata) and Balasore in Orissa. While the Dakshineswar mill has a capacity of 50 ton per day, the Ballasore facility has increased its capacity to 450 ton per day after a recently undertaken expansion plan. The two ‘waste-based’ facilities at Dakshineswar and Balasore are manufacturing newsprint now.