Prompt Pulp and Fibers to increase its Tissue paper capacity

Prompt Pulp and Fibers to increase its Tissue paper capacity

 Medchal | 3rd March 2020 | The Pulp and Paper Times:

Manufacturer of facial tissues, paper towels & table napkins in Secunderabad, Telangana, Prompt Pulp and Fibers has decided to enhance its tissue plant capacity to combat the surging demand of tissue paper in the country. 

Talking to The Pulp and Paper Times, Mr. Anand Dayama, Executive Director of Prompt Pulp and Fibers discloses the plan and said that tissue is one of the fastest-growing papers in all segments, and the consumption of tissue paper is speeding across the country. The growth of tissue demand is between 27 to 30 percent per year. 

“We have 15 TPD plant at present and which is scheduled to go into machine rebuild by March-end. We will take a shutdown in the 3rd week of March to accommodate the critical components which is necessary for capacity enhancement. We are going to change head box, MG and boiler to achieve the 25 TPD tissue productions”, Mr. Anand said.

Prompt Pulp has set aside the investment of INR 4.5 Cr for the machine rebuild. 

Mr. Anand further said that we have bought all components from India and China, and we may go for shutdown the third week of March. However we haven’t finalized the name of the company for a rebuild.

Revenue in the Tissue & Hygiene Paper market amounts to US$29,774m in 2020. The market is expected to grow annually by 4.2% (CAGR 2020-2023). The market's largest segment is the segment Household Paper with a market volume of US$8,680m in 2020. 

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