Indian Orient Paper to invest INR 460 million in tissues
Oct 28, 2005. Orient Paper and Industries Ltd. said on Thursday it plans to invest INR 460 million ($10.2 million) for the new tissue paper plant.
Oct 28, 2005. /Lesprom Network/. Orient Paper and Industries Ltd. said on Thursday it plans to invest INR 460 million ($10.2 million) for the new tissue paper plant.
Orient Paper and Industries is one of India's leading integrated paper and pulp makers. The tissue mill was set up in 1998 in Madhya Pradesh in Central India. This plant makes toilet grade, napkin grade and facial grades of tissue paper. The Italian machine produces a wide range of tissue. Out of the 12 000 tonnes/year installed capacity, 60% is used in the production of soft tissue paper and the remaining capacity is devoted to poster paper. The biggest strength of this producer is that it uses 95% indigenous raw material and a meager 5% imported softwood. Bamboo and hardwood form the company's major raw material.