Vijay Anand Kraft’s Plan to Set Up New Folding Boxboard Production Line
Vijay Anand Kraft’s Plan to Set Up New Folding Boxboard Production Line
Hyderabad, November, 12, 2016: The global folding cartons market will be worth over $100 billion by 2020 and will consume almost 47 million tonnes. The $87 billion market for folding cartons, already dominated by demand from the Asia-Pacific sector, is set to undergo more of a shift towards this region. The consumption of Corrugation has driven Vijay Anand Kraft Paper to set up a 100 TPD Folding Box Production line. Talking to The Pulp and Paper Times Mr. Ashok Chand Agarwal, Director of Vijay Anand Kraft Paper said “Yes we have proposed to undergo folding Box Production. The five layer corrugation line will be fully automatic; will be operational from June 2017.
The project would have estimated cost of Rs. 50 Cr. to be financed by Bank and our own in 50:50 proportions. According to a study from Smithers Pira, health care products are the single largest users of folding cartons, followed by tobacco, and it is these two industries that face the most significant challenges in folding carton usage. Other market influences include heightened demand in packaging for household care products.
Global demand for small electrical appliances, including smart phones, is driving up consumption of mini-flute and folding carton packaging, while the recession has seen an increase in DIY and automotive parts.The popularity of dry foods, especially in Asia, is driving up demand for folding cartons; conversely, the gradual improvement in these distribution chains and the expansion of supermarkets in this region also stimulates folding carton consumption in frozen and chilled food applications. “Our main focus in on consistently delivering highquality products and proactively addressing our customers’ needs.
We maintain a very healthy and friendly relationship with all our suppliers and customers†He further added that “The paper machine will have 1.8 meter deckle size and the speed of the machine will be at 200 m/min. The Machine has been sourced from BHS Germanyâ€. Folding cartons are used for packing materials of different sizes and shapes, and can be said to be the pioneers in the packaging industry. Folding cartons are available in the form of paperboard with creasing, and are folded, cut, printed, and laminated to achieve a particular structure as per the packing requirements of the material. Vijay Anand Kraft Papers Pvt Ltd was set up in January, 2007, to meet this growing demand. Market demands for creative box design, and the challenge of sustaining international quality standards while offering structural strength, durability and dimensional accuracy, has pushed us to evolve and grow.
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