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Rainbow Papers plan expansion

Rainbow Papers plans expansion of its existing plant in Mehesana by adding Voith made fully automated machine having a capacity of 300 tpd and a 30 MW captive plant, a deinking plant and a pulp mill. It also plans upgradation of existing machineries. The company has tied up funds to the tune of Rs.2400 million through bank finance. Its current capacity stands at 198,000 tonnes per annum of which its paper division accounts for 90,000 tpa and it manufactures different varieties which includes writing and printing paper, newsprint, duplex boards and coated paper and board.

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