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Middle East paper industry meets 50% of local demand, up from 38% in 2008

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July 20, 2012 The Middle East paper industry, one of the fastest growing in the world, today meets half of the requirements of local consumption. This is an increase of 12 percent over 2008, when the local production met just 38 percent of demand. The region is thus less dependent......
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Ballarpur Industries announces acquisition of Premier Tissues

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Ballarpur Industries Limited (BILT) announced the signing of definitive agreements on 19th August to acquire Bangalore-based Premier Tissues India Limited (PTIL). Mr. R.R. Vederah, MD of BILT said, “The acquisition is expected to be completed by the end of this month, when BILT will take over the operat ions and management of the company from its existing management”. “With this...