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Emami Paper Mills gets Odisha Government nod for expansion plan at Balgopalpur

04 Jul 2017 Evaluate

Emami Paper Mills has received an in-principle approval from the Odisha Government for its proposed expansion plan for increasing capacity of Multi-Layer Coated Board Manufacturing at Balgopalpur in Odisha at an estimated cost of Rs 650 crore subject to necessary approvals from the Board of Directors and other concerned.

Buoyed by the performance of its first Packaging Unit at Balasore, touching almost 180,000 TPA mark, the company is now planning to put in place a similar plant of Multi-Layer Coated Board. This will result in doubling its present capacity and the significant market share.

Further, encouraged by good market response and growth in Packaging sector, the company is now conceptualizing another big ticket expansion in the form of similar plant at Balasore with somewhat similar capacity, details of which are being worked out.


Emami Paper Mills Share Price

85.54 3.55 (4.33%)
12-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
JK Paper 353.90
TN Newsprints 144.65
West Coast Paper 494.85
Emami Paper Mills 85.54
Seshasayee Paper 228.90
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