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The business reinforced its market leadership during the year and is the only significant player in the premium value added paperboard segment with integrated pulping operations. Sales of Value Added Paperboards grew by 15%.
With the recent commissioning of the new pulp mill, the capacity at the Bhadrachalam unit stands enhanced from 1 lakh tonne per annum to 2.22 lakh tonnes. The new pulp line is the first in the country with ozone bleaching capability and reinforces the Company’s commitment to a better environment. The business is at an advanced stage of commissioning a new paper machine at its Bhadrachalam unit with a capacity of 1 lakh tonne per annum, to cater to the growing demand for fine printing paper, premium quality coated paper and branded copier paper. The business continues to source wood pulp from plantations facilitated by ITC’s clonal propagation initiatives.
The Packaging & Printing business expanded its range of offerings to consolidate its position
as a leading provider of high quality paperboard and flexibles packaging in the country. The business provided strategic support to the Cigarettes and other FMCG businesses by ensuring security
of supplies and sustaining international quality
at competitive prices.
Deliveries from the flexibles and carton lines, commissioned at Haridwar and Chennai, respectively during the year, are being scaled
up to cater to the distinctive and innovative packaging requirements of the Branded Packaged Foods and Personal Care businesses. The business also built up critical volumes in the supply of value added packaging to the consumer electronics industry from its Chennai facility.
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