In a bid to achieve better scale and synergy between its two plants, Seshasayee Paper and Boards is reportedly in the process of adding Rs 200 crore capital to enhance pulp output. The listed company operates two paper plants in Tamil Nadu - at Erode and Tirunelveli - with a total production capacity of about two lakh tonnes a year.
The company is expanding its pulp production capacity at Erode which will give it better economy of scale and enable it to supply surplus raw material to its Tirunelveli unit to save on costs and increase output.
The pulp output will go up to 400 tonnes a day from 330 tonnes and about 100 tonnes will be supplied to Tirunelveli where the annual production will go up to about 90,000 tonnes from 70,000-75,000 tonnes.
Company Name | CMP |
---|---|
JK Paper | 405.70 |
TN Newsprints | 251.80 |
West Coast Paper | 597.60 |
Emami Paper Mills | 110.00 |
Andhra Paper | 507.90 |
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