New Launch31 Jul 2025, 07:31 pm
NR Agarwal Industries to Set Up New Multilayer Board Plant with Rs. 1200 Crores Investment
AI Summary
NR Agarwal Industries Ltd. has announced its plan to establish a new Multilayer Board plant (Unit VI project) with an estimated installing capacity of 1000 tonnes per day. The project is expected to require an investment of approximately Rs. 1200 Crores. Additionally, the company has approved the purchase of a 4.3 meter deckle board paper machine with a capacity of 1020 TPD from China. The company is also in the process of acquiring land for the project and has decided to permanently close down Unit IV (Duplex Board Plant) from July 01, 2024.
Key Highlights
- Proposal to set up a new Multilayer Board plant with an estimated capacity of 1000 tonnes per day
- Tentative investment of Rs. 1200 Crores for the new project
- Approval to purchase a 4.3 meter deckle board paper machine with a capacity of 1020 TPD from China
- In the process of acquiring land for the project
- Decision to permanently close down Unit IV (Duplex Board Plant) from July 01, 2024