Emami to invest Rs 2,000cr for capacity building, new venture

13 Dec 2010

Emami Paper Mills, a part of the Kolkata-based Emami Group, has earmarked over Rs 2,000 crore for capacity expansion and a foray into the pulp and writing paper segment. While the capacity expansion from 450 tpd (tonnes per day)to 750 tpd will be done this fiscal at an investment of Rs 550 crore, the foray into the pulp and writing paper segment will involve an investment of around Rs 1,500 crore over three years,

The writing paper unit will have a production capacity of 1,50,000 tonnes per annum and the company plans to get raw materials such as wood and pulp from its own plantations.

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