papermill for sale in andhra pradesh

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VIJAYAWADA: The management of Asia Pulp and Paper (APP), one of the largest paper manufacturers in the world, has evinced interest to set up India's largest paper mill in Andhra Pradesh.

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According to media reports, the management of APP met with Andhra Pradesh Chief Minister N Chandrababu Naidu at the Interim Government Complex in Velagapudi and requested his government to allocate 2,500 acres of land near a port in the State for setting up of the paper mill.

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APP proposes 2,500 acre paper mill in Andhra Pradesh

In 1929, The Andhra Paper Mills Co. Ltd. was incorporated to take over the assets of Carnatic Paper Mills Ltd. After formation of the State of Andhra Pradesh in 1953, the Andhra government took over the Rajahmundry mill. Its capacity at that time was 10 TPD.

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VIJAYAWADA: The management of Asia Pulp and Paper (APP), one of the largest paper manufacturers in the world, has evinced interest to set up India's largest paper mill in Andhra Pradesh.

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The world's largest paper company International Paper has completed the acquisition of 75 per cent stake in Andhra Pradesh Paper Mills (APPM) for around $388 million (Rs 1,900 crore), making it the first global paper and packaging company with a significant position in India's fast-growing economy.