South India’s largest kraft paper manufacturer, Sree Sakthi Paper Mills, will expand its production capacity 20 per cent to 100,000 tonnes per annum. The company recently completed its expansion-cum-modernisation project involving about Rs 30 crore.
It commissioned a new captive power plant of 2 Megawatt with which it can attain around 40 per cent of its power requirement.
Addressing a press conference here on Monday, A Padmanabhan, director - operations said the company had targeted a turnover of Rs 250 crore in the current financial year. He added, there was good demand for kraft paper in India as the local market required 400,000 tonnes on a monthly basis.
As part of the expansion project, the Kochi-based company has also commissioned a Krima-dispersing unit, which help make spec-free paper, meeting the requirement of high-end customers.
The company has installed a 22-tph high-pressure boiler for supplying steam to its paper making. The modernisation has enhanced the company’s paper production capacity by 55 tpd or 18,150 tonnes annually.