JK Paper Scouts for Pulp Facilities in Myanmar and Vietnam

摘要

In order to ramp up its production capabilities to meet the rising demand for quality paper across India, JK Paper is looking to develop new facilities in Myanmar and Vietnam to source pulp. "India will remain challenged on wood availability, so it is imperative for us to find new locations to source quality pulp for paper production," said Harsh Pati Singhania, Managing Director, JK Paper. "Both Myanmar and Vietnam are in close proximity to India and are opening up for foreign investment." Singhania added that the country's leading paper manufacturing company is still at negotiation stage in the two South Asian nations and is keeping all options open. The options include a tie-up with existing firms in Myanmar and Vietnam for paper pulp import or a possible buyout of an exiting paper plant in either of the two countries.