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Tag : Emami Paper

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Emami Paper to Exit Newsprint Business; Plans to Invest INR 650 Cr on Capacity Expansion

Manik Seth
With a huge investment, the mill intends to double the production of its multi-layer coated board plant in Odisha to almost 3 lakh tonnes. August 14, 2017 Emami Paper Mills Ltd. is soon going to exit its newsprint business due to low profit margins and plans capacity expansion of packaging......
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Some Mills Emerge as Better Performing Mills in Paper Shortage Scenario

Manik Seth
The shortage of paper supply has resulted in better performance of some paper mills in the country. Major capacity additions and improved profits have resulted in better performance. October 20, 2016 The shutdown of some large paper mills has resulted in shortage of paper supply in the country. Apart from......

Custom duty scrapped on newsprint similar move is envisaged on wastepaper

Manik Seth
The bottom-line of all newsprint manufacturers in the country is already affected following a substantial fall in the price of newsprint in the international market during the last couple of months. The situation may worsen with the further 3% cut in the custom duty on the imported newsprint announced by the Union Government. Recently the finance ministry has exempted newsprint,...