JK Paper commences commercial production of its New Packaging Board Plant

19 Jan 2022 , 04:56 PM

JK Paper has commenced commercial production of its New Packaging Board line at Unit – CPM, Gujarat. Its new line will add 1,70,000 TPA capacity of Virgin Fibre Board taking the Company’s total capacity of Packaging Board to 3,00,000 TPA, making it amongst the top two manufacturers in the country.

The company’s consolidated Paper and Board capacity will reach 7,61,000 TPA including the capacity of its subsidiary, Sirpur Paper Mills.

The brand new state-of-the-art Packaging Board machine with cutting edge technology has come up at a capital cost of nearly Rs 2000cr. The machine has been supplied by Valmet and other equipment have been supplied by renowned manufacturers.

The Plant will enable the Company to produce world-class Valued Added Products and offer Sustainable and eco-friendly Packaging Solutions covering various sectors like Pharmaceuticals, Food products and services, apparel, FMCG, Personal products etc. This investment will cater to the increasing demand for Virgin Packaging Board which is growing at 10-12%. This category is growing on the strength of rising consumerism, urbanization, changing lifestyle, modern trade and other newer applications in different fields.

Despite the impact of the Covid pandemic, both the Units of the Company are operating at their full capacities and achieving the best in class operating parameters. Sirpur Paper Mill has also improved its performance substantially.

JK Paper focus on Plantation activities have made it a wood and carbon positive company. JK Paper supplies 500 lac saplings to more than 65,000 farmers on yearly basis. Cumulatively, the Company has planted more than 4.97 lac acres of land.