Emami Paper Mills
Emami Paper Mills Ltd is the largest newsprint manufacturer in India that was established on Sept 26, 1981, with the name Gulmohar Construction Industries Ltd. It is the only manufacturer of newsprint in eastern India.
It is a paper mill situated in Balasore (Orissa) and Kolkata (West Bengal) and uses recycled - fibre. The mill is a component of the Emami Group with diverse business interests incorporating FMCG, writing instruments, edible oil, healthcare, real estate, and departmental retail stores. Its writing & printing papers are distributed through dealers and directly supplied to Government Printing Presses/ Text Book Presses.
It supplies newsprint to some of the largest newspaper publishing houses such as Anandabazar Patrika, The Times of India, The Telegraph, Hindustan Times, The Hindu Prabhat Khabar Samaj Bartaman Dainik Jagaran Malayam Manorama, Deccan Herald, and Dainik Bhaskar.
MERGERS AND ACQUISITIONS
Emami Paper Mills Limited, Balasore was amalgamated with Gulmohar Paper Ltd. The company's name was changed to Emami Paper Mills Ltd from Gulmohar Paper Ltd. in 2000.
Here are the products and services provided by Emami Paper Mills Ltd:
§ Multi-layer coated board
§ Writing & printing papers
AWARDS AND RECOGNITIONS
F In 2004: Received an award for environment safety and green belt development.
F In 2005: Received the achievement Award as the best medium - Scale Unit.
F In 2006: Won the Excellence Award for Industrial environment management.
F In 2006: Also received the TPM excellence award in the 1st category.
Ø In 1964: The factory in Kolkata was initially promoted by Wimco.
Ø In 1990: The Company changed its name to Gulmohar Paper Ltd. from Gulmohar Construction Industries Ltd
Ø During 1990 - 1991: Emami joined Gulmohar Paper Ltd. as a strategic partner.
Ø In 2000: Emami Paper Mills Ltd was amalgamated with Gulmohar Paper Ltd with a factory at Balasore Orissa. The name of the company was changed to Emami Paper Mills Ltd from Gulmohar Paper Ltd.
Ø In 2004: The Company authorized a brick plant. It also received an award for environment safety and green belt development.
Ø In 2005: The capacity of the Machine 1st at Balasore was raised to 50 TPD while the capacity of the 2nd machine there was enhanced to 85 TPD. They received the achievement Award as the best medium - Scale Unit.
Ø In 2006: It won the Excellence Award for Industrial environment management. It also received the TPM excellence award in the 1st category.
Ø During 2008 – 2009: It signed a Memorandum of Understanding with the Government of West Bengal for developing a wood-based integrated pulp and paper mill with a production capacity of 600 TPD along with essential infrastructural ancillaries and facilities.
Ø In 2010: The Company's equity shares were listed on the Bombay Stock Exchange Ltd. The company has taken significant steps to set up 400 TPD Newsprint projects at a project cost of Rs 500 cr. The project was destined to be started in South India or at the existing location at Balasore.
Ø In 2011, the company reviewed its development project regarding Wood-based Pulp & Paper Mills to be executed at their existing plant site at Balasore Orissa.
Ø During 2013 – 2014: The company was in the process of starting 600 TPD wood-based integrated pulp and paper mills in Orissa along with essential infrastructural facilities and ancillaries. The project was to be established in two phases, and the 1st phase of 300 TPD at a project cost of Rs 1000 cr. was likely to be accomplished the same year.
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