With the best Infrastructure, Venkateswara Paper Products is equipped to Produce 200 TPD Kraft Paper
With the best Infrastructure, Venkateswara Paper Products is equipped to Produce 200 TPD Kraft Paper
Krishna District | 15 July 2020 | The Pulp and Paper Times:
The growth of the Indian paper industry is believed to have derailed in the covid era. Some experts in the industry assume this sluggishness in demand won’t sustain longer. The market will start reacting positively by end of the year. New investment in capacity building has already been pumped and in this raw, a new paper mill in Andhra Pradesh is all set to roll out its production in 2020.
“Increasing demand from fresh food and beverages, home & personal care goods, electronic goods industries will increase the reach of end-users towards corrugated box manufacturers and growth in use of the internet for shopping, stimulated by the growing use of smartphones as well as the increasing proportion of tech-savvy consumers, has a positive effect on corrugated demand in India. Demand for corrugated boxes are increasing beyond our expectation and it seems sustainable†explained by Mr. Kiran Vantipalli, Managing Director of Venkateswara Paper Products Pvt. Ltd.
“Indian Paper Industry is one of the fastest-growing sectors and we are glad to be part of this industry. We have invested around INR 42 Crore to manufacture high-quality multilayer kraft paper as well fluting media. The end application of our kraft paper is corrugation boxes. Our Target production is 200 TPD on double wire machine of which we are expected to roll out commercially in September 2020,†Mr. Kiran said.
Situated at APIIC MODEL INDUSTRIAL PARK, BAPULAPADU MANDAL MALLAVALLI Krishna, Venkateswara Paper is well equipped with all critical components and machinery,
“Our building construction work has already been completed and machinery erection work is also finished, now the final alignment of machinery is under progress,†Mr. Kiran informed.
“Our aim is to achieve high quality paper for corrugators for which we have deployed best machinery infrastructure. We bought pulp mill section from Parason Machinery, boiler from Thermax and rest wire part, press, dryer, calendar, size press and pope reel purchased from Micro Fab Industries (Vapi, Gujarat),†Mr. Sirniwas, GM of Venkateswara paper products said.
New paper mill will have waste water treatment plant (ETP) from Krofta Engineering limited.
Venkateswara Paper will be producing 100 to 300 GSM with 18 to 28 BF paper on 3.75 meter finished deckle machine. The speed of machine is designed at 350 m/min.
Global corrugated box market valued at approximately USD 66.9 billion in 2018 is anticipated to grow with a rate of more than 4.6 % over the forecast period 2019-2026. Among the key drivers for the corrugated box market are strong growth in food and beverage industry, recyclability of corrugated boxes, rising e-commerce industry, coupled with increasing spending by consumers for packaged products.
The new paper mill will export its 25 percent production to foreign destinations and the rest to be sold in the Indian market.
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