Andhra Pradesh Paper Mills - Papermart

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The Techies

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The Paper Technologists – “a person responsible for controlling & supervising the processes involved from sourcing of raw material, technology, manpower and other to the final output i.e. paper. He should be well equipped to handle challenging and interesting work and most importantly being able to apply modern technology.” Team......
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“It's a marathon, not a sprint”

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On October 14, 2011 International Paper (IP) announced that it has completed the acquisition of a 75 percent stake in Andhra Pradesh Paper Mills (APPM). IP purchased 53.5 percent of the APPM shares from Mr. L.N. Bangur and related family members and affiliates for approximately US$226 million in cash. They have also entered into a not to compete agreement, for...

Bilt to pursue USD 330-mn LSE listing next financial year

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BILT will pursue its USD 330-million IPO plans at the London Stock Exchange (LSE) in the next financial year, after completing its ongoing expansion projects. The company had put on hold IPO plans of its UK subsidiary in April when International Paper announced acquisition of Andhra Pradesh Paper Mills at USD 423 million. “The current market condition is not conducive...