Larger players may shift to use waste paper for raw material

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Category: Industry Overview

Indian paper industry is struggling to get raw materials at effective price as there is no government policy to favour paper industry for forestation and also at importing pulp. Though quality of final product remained a concern till few years had been sorted out with advanced technology. Among the larger mills, TN Newsprint and Century Pulp and Paper already have recycled fibre. Internationally, recycled paper forms 30% of the component as raw materials.

Paper Industry to face some tough year

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Category: Industry Overview

Indian Paper industry is to face a mismatch in demand-supply as large and small players are adding capacities. Around 4 lakh tonnes of capacity is being added this year where the demand may not be there, though the industry is growing at 5-6%. Importers are also wary in such a situation as larger players are lobbying for safeguard duty. Looking at export opportunities as prices have corrected largely in Europe and US. Locally, the prices have dropped considerably from Rs.50,000 /tonne to Rs.38000 /tonne where large mills could barely break even.

Indian Paper industry gets safeguard duty on uncoated paper

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Category: Industry Overview

Indian Paper industry gets safeguard duty on uncoated paper and copy paper. The Director General (Safeguard) has recommended imposition of provisional safeguard duty of 20% according advalorem on all imports. This was sought by over 80% of domestic industry thorough their association Indian Paper Manufacturers Association (IPMA). It has also recommended 20% of provisional safeguard on coated paper and paperboards. Import price have come down steeply from USD 817 to USD 680 in the last year.

Abhishek Industries launches copier paper

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Category: Industry Overview

 Abhishek Industries , a Trident Group company has launched copier paper in two brands – MyChoice and Spectra. The company which manufactures paper from wheat straw saves a lot over wood pulp and also saves 5000 trees a day. It has invested around Rs.8250 million in manufacturing facilities to produce these copier paper.

 

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