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Paper Products Share Price Today, Live BSE, NSE, Stock Prices

Paper Products or PPL is a member of the Finland based Huhtamaki Packaging Worldwide, a global leader in consumer packaging which holds about 59% of the equity capital. Huhtamaki is the world`s sixth largest consumer packaging multinational with presence in over 47 Countries. PPL has manufacturing facilities at Thane, Silvassa, Hyderabad and Nagpur. The company has an international business division (IBD) for servicing multinational accounts across 4 continents and over 50 customers. The company has technology transfer agreements with Dennison Manufacturing Company, US and Fuji Seal Inc, Japan. It meets the packaging needs of almost the entire range of FMCG segment including personal products, personal wash, laundry, foods, sauces, beverages, bakery products, spices, chocolates and confectionery, dairy and also seeds, specialized chemicals, electronics and other specific specialized uses including anti-spurious packaging. FMCG major, HLL accounts for 25 per cent of sales. The package protection and decoration products range includes latest technologies - shrink sleeves, wrap arounds, heat transfers, pressure sensitives and metallised paper labels. With in-house prepress capabilities and house cylinder making facilities it has greater process control and an advantage on reduced lead times. A new plant started is scheduled to go into commercial production around mid 2006. The project will be implemented in a phased manner over two years at an estimated total investment of Rs 650 million. The new plant in north India will be well positioned to service fast growing customers in North, including customer`s factories in the new tax incentive zones.

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