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Emami Paper Mills plans to invest an additional Rs 1,000 crore in the next three years: Repot

30 Nov 2015 Evaluate

In order to double its capacity at Balasore plant, Emami Paper Mills is reportedly planning to invest an additional Rs 1,000 crore in the next three years.  Earlier, the company had set up 1.32 lakh tonne high-end paper boards manufacturing facility at Rs 1,000 crore at Balasore. Currently, under trial production, the facility would reach 75 per cent capacity utilisation for four-layered paper board next month.

Emami Paper Mills is the largest newsprint manufacturer in India. The company is a paper mill based on recycled - fiber located in Balasore (Orissa) and Kolkata (West Bengal).

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