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News

Probable Relief in Future for BILT Workers

admin
The management closed the factory due to adverse market conditions of Rayon grade pulp September 0, 2015 It appears that the machinery in BILT Kamalapuram Unit that went dead silent in April 2014 is to roar back again in the near future and paint smiles on the faces of more......
News

JK Paper to Scale Up Exports, Brand-Building in Domestic Market

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The company had made a major investment of Rs 1,775 crore to augment capacities August 25, 2015 JK Paper Ltd said it is planning further increase its exports by 25 per cent during the current year owing to availability of additional capacity. “The company is actively involved in market expansion......
News

Attractive, Low Valuation Stock Prices of Paper Catch Investors' Eye

admin
Increasing domestic fund flows are expected to find way into these stocks August 21, 2015 Considering the rich valuations of stocks in several sectors, investors seem to have turned to paper-producing companies, which were market laggards over the past five years. Investors and traders are seeking comfort in the low......
JK Paper
News

JK Paper to Increase Local Sourcing for Rayagada Unit in 2-3 Years: Report

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The company plans massive plantation drive over 11,000 hectares in and around Rayagada September 01, 2015 JK Paper is reportedly planning to increase its local raw material sourcing to two fold for its Rayagada unit in south Odisha in the coming two to three years. The company is hopeful of......
News

Cheaper Imports Hurts Domestic Paper Industry Big Time

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The seeks intervention to check imports with a safeguard duty against Asean players August 20, 2015 Profit margins of most paper producers remained under pressure in the first quarter of the current financial year, due to sustained rise in cheaper import from China and the Association of South East Asian......
Newsprint Manufacturers
News

Newsprint Manufacturers Want Policy Amendment to Curb Newsprint Import

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INMA alleges traders have created a parallel industry by manipulating ambiguity in policy provisions September 4, 2015 Alleging that the country’s current import policy on newsprint has adversely affected the local paper mills, the Indian Newsprint Manufacturing Association (INMA) has sought an amendment in the policy. A meeting regarding the......
GapCon
Interviews

GapCon: For an Indo-German Technical Excellence

admin
The widely acknowledged paper machinery and equipment supplier thinks its Indian venture as banking upon German technical prowess and the tremendous Indian growth prospects. GapCon Engineering Pvt Ltd, the Indian subsidiary of the German engineering company Gapcon GmbH, was set up in 2010. In the year 2015, this Indian subsidiary......
european commission
News

European Commission Opens Investigation Into Mondi's Acquisition of Wlaki's Plants

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Commission has concerns that remaining competitors would have considerably lower production capacity than the merged entity September 02, 2015 The European Commission has opened an in-depth investigation to assess whether the proposed acquisition by Mondi of two industrial packaging plants currently owned by Walki is in line with the EU......
News

Stora Enso to Divest Its Packaging Plant in Hungary

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The divestment is expected to reduce Stora Enso’s annual sales by EUR 14 million August 31, 2015 Stora Enso has signed an agreement to divest its offset printed micro-flute packaging plant in Komárom, Hungary to Van Genechten Packaging International S.A., a leading Belgian packaging company. The initial cash consideration for......