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JK Paper Ltd
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JK Paper Ltd. Comes up with an NBO to Acquire BILT's Units

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To expand its horizons, JK Paper Ltd. has proposed to acquire two units of BILT Graphic Paper Products Ltd. situated in Maharashtra. July 11, 2016 After the decision taken by committee of directors, JK Paper Ltd. has made a non-binding offer (NBO) to acquire BGPPL’s units at Ballarpur and Asthi......
PM Vol17 No2 Jun Jul 2016 79 1
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Government Confirms Leasing Out the Mysore Paper Mills to Private Players

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Running under heavy losses, Mysore Paper Mill comes to a standstill as the government decides to privatize this public sector unit, leaving the workers in state of shock and grief. July 20, 2016 The state government shattered last hope of employees of Mysore Paper Mills when it unveiled its decision......
PM Vol17 No2 Jun Jul 2016 82 1
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The Govt. Proposes Currency Paper Manufacturing Unit in Nashik

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Attracting an investment of around Rs.700 crore, Nashik will soon get two new bank note paper manufacturing units. To save the project cost by reducing the land cost to zero, the project will be built in the same area as that of ISP and CNP which has around 250 acres......
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Vital Paper Forays into Packaging Solutions with New Packaging Division in Sri City

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With offices in over 10 countries and in-depth knowledge of the paper industry, Vital Paper has laid the foundation stone for packaging unit in Sri City. July 10, 2016 Incepted in December 1999, Vital Paper Products Pvt. Ltd. Singapore-based company has recently laid the foundation stone for a packaging division......
PM Vol17 No2 Jun Jul 2016 86 1
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Closure of Cachar Paper Mill

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This paper mill has been shutting down every now and then for last few years due to shortage of raw material thereby incurring huge losses. July 19, 2016 Cachar Paper Mill (CPM), a unit of Hindustan Paper Corporation (HPC) is facing financial crisis on account of non-availability of coal owing......
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Silverton Pulp & Papers to Convert Coated Board Plant to Coated Paper Plant

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The company has come up with a coated paper plant in Muzaffarnagar which is targeted to be operational by June-July 2017. July 31, 2016 Silverton Pulp and Papers has decided to rebuild coated board plant to coated paper plant. The initial manufacturing capacity of the plant will be 250 TPD......
PM Vol17 No2 Jun Jul 2016 89 1
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Nirvikara Paper Mills Commences Duplex Board Manufacturing

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Share prices of Nirvikara Paper Mills rise by 12 percent after the successful installation of modern technology machine for manufacturing duplex board with a capacity of 63000 tonne per year. July 6, 2016 Nirvikara Paper Mills has finally started the commercial production of duplex board for which it had installed......
PM Vol17 No2 Jun Jul 2016 93 1
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Farmers Prefer AMCs to Sell Their Wood Pulp to Paper Mills

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As per farmers, the marketing system under the aegis of the AMCs worked well, and the acreage under social forestry plantations went up. August 27, 2016 As per a leading national daily, the farmers in the drought-prone Prakasam district, who took to social forestry plantations in a big way with......
PM Vol17 No2 Jun Jul 2016 94 1
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Huhtamaki Sets Foot in the Foodservice Packaging Market in India

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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......
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Is International Paper the Next Takeover Target?

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Even after the quarter topping consensus forecasts of USD 5.27 billion, IP faces speculation of being the next takeover target. August 17, 2016 Amid speculations that the paper-products maker could be a takeover target, shares of International Paper (IP) rose 1.6 percents to USD 46.79, the highest since August 19.......