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Tamil Nadu Newsprint & Papers Ltd.

BSE: 531426 Sector: Industrials
NSE: TNPL ISIN Code: INE107A01015
BSE LIVE 15:40 | 15 Dec 436.55 4.85
(1.12%)
OPEN

435.00

HIGH

440.20

LOW

431.00

NSE 15:54 | 15 Dec 437.55 6.15
(1.43%)
OPEN

439.85

HIGH

441.90

LOW

430.85

OPEN 435.00
PREVIOUS CLOSE 431.70
VOLUME 38575
52-Week high 450.90
52-Week low 289.15
P/E 136.42
Mkt Cap.(Rs cr) 3,021
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 435.00
CLOSE 431.70
VOLUME 38575
52-Week high 450.90
52-Week low 289.15
P/E 136.42
Mkt Cap.(Rs cr) 3,021
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Tamil Nadu Newsprint & Papers Ltd. (TNPL) - Company History

Tamil Nadu Newsprint and Papers Ltd is the largest bagasse, an agricultural residue, based paper unit in India. The company is in the business of manufacturing and marketing of newsprint and printing & writing papers. The products are being marketed throughout the country and also being exported to 30 countries around the world. Their manufacturing facility is located at Kagithapuram in Karur District of Tamil Nadu. Tamil Nadu Newsprint and Papers Ltd was established by the Government of Tamil Nadu in April 1979 as a public limited company. The primary objective of the company is to produce newsprint and printing & writing paper using bagasse, a sugarcane residue, as the primary raw material. The company started their commercial production in the year 1985. During the year 1994-95, the company undertook expansion programme and doubled their capacity from 90,000 tpa to 1,80,000 tpa. During the year 1998-99, the company signed a MoU with Quena Newsprint, Egypt for providing technical assistance and support for erection of a Newsprint and Paper Mill in Egypt. The mill was successfully commissioned during the year 2000-01. During the year 2000-01, the company introduced a new versatile all purpose cut size paper under the brand name TNPL OS 2000. Also, they formally launched 'TNPL Canefields' copier paper in the Australian market. In March 2001, the company increased the wind farm capacity from 15 MW to 18 MW, by installing 4 nos of 750 KW each wind turbines at Devarkulam. During the year 2002-03, the company commissioned the Bio-methanation plant to treat around 12000 cu m of biogas (methane) per day, to be used as fuel in the lime-kiln. They completed the upgrades of both Beloit and Voith paper machines and production capacity increased from 180,000 tpa to 230,000 tpa. During the year, the company launched a new product named Hitech Maplitho plus with 90% brightness and improved optical properties. Also, they entered into a long term agreement with Terra Energy Ltd, a subsidiary company of Thiru Arooran Sugars for procuring bagasse in exchange of steam. During the year 2003-04, the company upgraded the paper machines and pulp mills at a capital outlay of Rs 140 and increased the installed capacity form 180000 Mts to 230000 Mts per annum. In March 2004, the company installed 3 nos of 1250 kw capacity wind turbines at Devarkulam, thereby enhancing the overall wind farm capacity from 18 MW to 21.75 MW. During the year 2004-05, the company introduced two new products, namely, TNPL Offset Printing and TNPL Elegant Printing. They entered into a long term agreement with Tamil Nadu Forest Plantation Corporation Ltd for continuous supply of pulpwood. In February 2006, the company increased the wind farm capacity from 21.75 MW to 28 MW by installing 5 Nos. of 1250 KW wind energy generators at Devarkulam. During the year 2006-07, the company installed 6 wind electric generators of 1250 KVA each and increased the wind farm capacity from 28 MW to 35.5 MW. They installed a 200 tpd Cut Pack line during the year and increased the conversion capacity from 150 tpd to 350 tpd. The company received Special Export Award from CAPEXIL in recognition of outstanding export performance. They received Received the 'Best Energy Conservation Award' for the year 2007 from the Government of Tamil Nadu. They also received TERI Corporate Environmental Award 2008 for the efforts towards environmental management and innovative initiatives among corporate. The company installed new 300 tpd state-of-the-art Hardwood Pulp Line with ECF bleaching and a 500 tpd ECF bleach plant for Chemical Bagasse Pulp with supporting system. They also set up a state-of-art Clonal Propagation and Research Centre (CPRC) for producing about 1.5 crore high quality clones per annum. The company has initiated action for which would augment the paper production capacity from 2,45,000 tonnes per annum to 4,00,000 tonnes per annum utilizing the surplus pulp generated under the Mill Development Plan. The company is also undertaking the Life cycle Extension programme, under which the Paper Machine 1 installed during 1985 will be upgraded. The company plans to increase the plantation area by about 15,000 acres per annum to reach the target of one lakh acres by the year 2012-13. They also propose to install a 400 tpd dry process cement plant within the factory complex converting the waste fly ash and lime sludge generated in the factory, into high quality cement.