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Tag : Indian Paper Mills

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India Exports 100,000 Tonnes Packaging Paper to China in 2020

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In 2020, the amount of packaging paper, wrapping paper and paperboard shipped to China surged to 892K tonnes, jumping by +54 percent on the previous year. In value terms, wrapping papers imports skyrocketed by +17.1 percent YOY USD 627 million (IndexBox estimates) in 2020. August 24, 2021 According to a......
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Lemit Papers to Set up 450 TPD Duplex Board Paper Mill in Morbi

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The Gujarat-based paper mill will be commencing commercial production by May 2022. August 23, 2021 Lemit Papers LLP will be setting up a 450 TPD duplex board paper plant at Morbi in Gujarat. The company will manufacture duplex boards of different grades including LWC, HWC, grey back, and white back......
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JK Paper Eyes Growth as Demand for Packaging Boards and Specialty Papers Set to Increase

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The market for packaging boards is likely to grow 9-10 percent annually in India, compared with around 4 percent globally. August 11, 2021 Accelerated demand for packaging boards for online purchases and tissue papers on account of the COVID-19 pandemic, along with specialty papers, will drive growth going forward, said......
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JK Paper to Set up Corrugated Packaging Paper Plant in Punjab

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JK Paper plans to invest around INR 150 crore to set up a corrugated packaging paper manufacturing unit at the Cycle Valley in Ludhiana. August 5, 2021 Welcoming the JK Group on its entry into the state with a planned investment of INR 150 crore, Punjab Chief Minister, Mr. Amarinder......
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Seshasayee Paper Plans Strategic Initiatives to Realign Business for FY22

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The company is expecting to complete the INR 315 crore expansion of its Erode unit in FY22. August 3, 2021 During its 61st AGM, Seshasayee Paper and Boards Limited has announced that the company has planned a three-pronged strategy to realign SPB’s focus to emerging global and regional trends amid......
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JK Paper Reports Multifold Jump in Net Profit to INR 104.22 Crore for Q1 FY2021-22

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Revenue from operations stood at INR 660.75 crore as against INR 469.24 crore in the year-ago period. July 31, 2021 JK Paper has reported a multifold jump in consolidated net profit to INR 104.22 crore for the first quarter ended June 30 on the back of higher sales and better......
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The Sirpur Paper Mills to Ramp Up Production Post INR 700 Crore Investment

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The company, which was taken over by JK Paper through a Corporate Insolvency Resolution Process of National Company Law Tribunal Hyderabad, in a structured deal of INR 371 crore, is expected to turn the corner by the fiscal end. July 14, 2021 The Sirpur Paper Mills Limited, which has seen......
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Umason Paper to Set Up 39000 TPA Kraft Paper Plant in Gujarat

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The Gujarat-based kraft paper mill to commence commercial production by December 2021. July 13, 2021 Umason Paper Private Limited will be setting up a 39000 TPA Kraft Paper Plant at a proposed site in Dhrangadhra, Gujarat. The company will manufacture varieties of 16-32 BF kraft papers in the range of......
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JK Paper to Commission INR 2000 Crore Capacity Expansion Project in Gujarat

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The capacity augmentation is aimed at significantly expanding JK Paper’s reach and taking advantage of the growth momentum witnessed in the country’s paper sector. July 7, 2021 JK Paper Limited is all set to commission its INR 2,000-crore integrated expansion of paper packaging project in Gujarat during the current quarter.......
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NEPA Mill on Revival Mode, to Begin Trial Run in July 2021

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This would be a huge achievement for the mill as the production at Nepa Limited was closed since 2016 due to renovation. June 24, 2021 The work of renovation of the paper factory NEPA Mill is going through the final stages. Within a few months, the paper mill is expected......