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JK Paper inks pact with Myanmar government

25 Jul 2012 Evaluate

JK Paper, India’s largest producer of branded papers has signed a memorandum of understanding with the Myanmar Government to pick up equity and restore the State-owned Thar Paung Paper and Pulp Mill. It has an annual pulp production capacity of 70,000 tonnes and paper capacity of 15,000-17,000 tonnes. 

The company plans to use 10,000-15,000 tonnes of pulp in Myanmar and ship the rest to India. JK Paper is in the process of studying the business process and will prepare a business plan in two to three months. Details on the valuation and quantum of investment will be decided soon.

JK Paper Share Price

368.05 -7.15 (-1.91%)
20-Apr-2026 15:16 View Price Chart
Peers
Company Name CMP
JK Paper 368.05
TN Newsprints 139.60
West Coast Paper 482.75
Emami Paper Mills 74.35
Seshasayee Paper 266.50
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