World News
ASIA


INDIA

ORIENT ORDERS A NEW TISSUE PLANT

Orient Paper Mills has ordered a new tissue plant from Toscotec. The plant will be installed in Amlai, India, and will have an overall capacity of 59 tons/day. Toscotec supplied Amlai’s PM1 tissue machine in 1997.

Orient Papers India Ltd (OPIL), a member of the GP-CK Birla group, was incorporated in 1939 and today has grown into a multi-product company with a strong customer focus, being now one of India's major players in paper, wood and bamboo based products, with a wide range of writing, printing, industrial and speciality papers. It is established as the market leader of the fast growing Indian tissue industry. The state-of-the-art plant at Amlai is fully integrated with facilities for production of high-strength pulp, combined with paper machines and independent power generation.

Main delivery will be completed by end of June 2008, site erection is planned for April-November and start-up is scheduled for end of 2008.

The scope of supply is a full turnkey installation including Modulo tissue machine, all tissue machine accessories, a slitter rewinder, complete stock preparation plant, approach flow system, high efficiency steam heated hood and integrated steam distribution plant, vacuum plant, distributed control system, AC drive and the complete electrical plant. Erection supervision, commissioning, start-up and training are also included.

The mill is going to supply the building, the QCS and some utilities like boiler house and air compressors.

Stock preparation plant as well as the entire production process have been designed to use either pulp based on bamboo and hardwood or deinked pulp. The Modulo 50 tissue machine will be equipped with single layer headbox, crescent former section, single press section and a 15-ft steel Yankee dryer which, with that of Renova (see item on Torres Novas rebuild), will raise Toscotec’s deliveries of steel Yankees to 20. Furthermore the machine will feature a broad range of innovative and friendly solutions for maintenance and operational improvements. The new machine will cover a wide range of products (toilet tissue, napkins, towel and facial) with basis weight of 11.5-40 g/m2, speed up to 1250 m/min and net width trim of 2750 mm.


CHINA / HONGKONG
VINDA RAISES HK$870 MILLION

Vinda Group, one of China’s largest tissue producers, has raised about HK$870 million net (US$110 million) on the Hong Kong Stock Exchange in its IPO and subsequent overallotment of shares, according to a company statement. The issue included 300 million new shares and nearly 80 million held by existing shareholders.

The funds thus raised are expected to be used for the purchase of additional machinery. Over the past few years, Vinda has started up seven new tissue machines, all from Japanese supplier Kawanoe Zoki, at five locations, adding about 100,000 tons of annual capacity. By the end of this year it expects to bring on a further 60,000 tons, raising company capacity to 240,000 tons/yr. Public investors now hold 38% of Vinda, Fu An a further 30% and SCA 14%, down from 20% when it bought into the company earlier this year.