Paper Companies

Paper imports cross 2 MT in FY25, posing challenges for local players: IPMA

Paper and paperboard imports reached a record 2.05 million tonne in 2024-25 with a 33 per cent jump in volume from China, the Indian Paper Manufacturers Association (IPMA) said on Friday while expressing concerns over growing shipments. This surge in imports has emerged as a significant challenge for the domestic paper industry, undermining its growth potential and threatening investments in capacity expansion, the association said in a statement. Citing the Commerce Ministry data, the IPMA said paper and paperboard imports surged more than twofold in the past four years to hit 2.05 million tonne in FY25 from 1.08 million tonne in FY21. Imports from China now account for 27 per cent of the total paper and paperboard imports into India, and the ASEAN bloc accounts for 20 per cent of the total imports, the IPMA said. In value terms, imports of paper and paperboard touched nearly Rs 15,000 crore in FY25. The relentless surge in paper imports is a matter of grave concern for the domes

Trident shares rally 7% as unit acquires stake in step down subsidiary

Trident Home Textiles, the wholly owned subsidiary of Trident, made further investment in its wholly owned subsidiary namely Trident Global BV

Andhra Paper stock split: Board approves split in 1:5 ratio; stock falls 4%

The fall came a day after the company announced its March quarter results for FY24 (Q4FY24), along with stock-split and dividend announcement

Paper stocks in demand; JK Paper surges 19%, Orient Paper up 10%

Paper industry will witness an uptick during FY22 on year on year basis backed by better paper demand and increase in its prices

Paper stocks in demand; Emami Paper, West Coast Paper zoom up to 20%

The government has issued a draft regulation under which there can be a ban on single use plastic for candy & ice cream stick, film wraps around sweet boxes and cigarette packets, etc.

Paper to capture 25% of the Rs 80,000 cr single-use plastics market by 2025

India generated 26,000 tonnes per day of plastic waste in 2017-18, of that only 60 per cent was recycled and the rest ended up as litter on roads, in landfills or streams

India's overall paper consumption likely to increase to 24 MT in FY'25

The paper industry in India is likely to grow 12 per cent per annum for next five years and the overall paper consumption is expected to increase to 24 million tonne in 2024-25 from the present 15 million tonne. The industry is witnessing a transformation and several industry leaders are investing in capex to expand their capacity to meet the expected demand growth, said Indian Paper & Manufacturers Association (IPMA) in a statement. Besides, IPMA expects consolidation in the industry in the coming years as players would take up mergers and acquisitions to compete with each other. "The paper industry is going through a transformation phase and few big paper companies are doing expansion to meet their region or product or category-specific demand. Overall paper consumption is projected to increase to 24 million tonne in 2024-25 from 15 million tonne currently," said IPMA VP J P Narain. Moreover, the manpower-driven industry is expected to generate employment opportunities, both ...

Paper manufacturing company Nine Dragons plans India unit near Paradip

The company based in Guangdong (China) is the largest manufacturer of recycled paper in the world

Paper cos face margin pressure; imports up 40% in three quarters of FY18

Imports of papers and paperboards hit 1.47 million tonnes during April-December 2017-18 from 1.05 million tonnes a year ago and 1.42 million tonnes in 2016-17

JK Paper, West Coast Paper, others set to script record profits in FY18

JK Paper has reported a net profit of Rs 1.86 billion during the April-December period of FY18, growing 75 per cent year-on-year