International Print-O-Pac invests Rs 50-cr and boosts conversion to 80,000 MTPA
International Print-O-Pac (IPP), the PrintWeek India Printing Company of the Year 2010 has announced a 50-cr expansion plan.
13 Oct 2010 | By Rahul Kumar
The Noida Delhi NCR-based company intends to fast track its conversion capacity to 80,000 MTPA and supplement the existing production capacity for its packaging and commercial and publication printing divisions (CPP) in the current financial year.
The CPP division will see substantial capacities for folding, sewing, hard-case and perfect binding to be added shortly. An MBO folder is already in place.
Rishabh Singhvi executive director at IPP, said: "The expansion was upshot in view of demand surge for our products from domestic and export customers. The markets for paperboard packaging, books, publications and stationery are clocking rapid double-digit growth. We aim to swing the advantage of buoyant market conditions and scale up quality and competence sharply."
IPP will see an addition of manroland presses, a six-colour press and a five-colour press with online coater and a 1+1 perfector press. Also being added is a 530 mm cut-off with 1+1 printing heat-set web offset for book printing.
IPP will also be refurbishing its Solna C-96 kits and corresponding with increase in print capacities, the packaging finishing capacity will see induction of new Yoco JY-106E die-cutter with online stripper foiler and a Paktek GM-1050 folder-gluer.
"IPP is clearly on the growth path, having achieved over 30% CAGR during the past three years. IPP credits early acquisition of technology and its team as its main sources of competitive advantage" added Singhvi.
The CPP division will see substantial capacities for folding, sewing, hard-case and perfect binding to be added shortly. An MBO folder is already in place.
Rishabh Singhvi executive director at IPP, said: "The expansion was upshot in view of demand surge for our products from domestic and export customers. The markets for paperboard packaging, books, publications and stationery are clocking rapid double-digit growth. We aim to swing the advantage of buoyant market conditions and scale up quality and competence sharply."
IPP will see an addition of manroland presses, a six-colour press and a five-colour press with online coater and a 1+1 perfector press. Also being added is a 530 mm cut-off with 1+1 printing heat-set web offset for book printing.
IPP will also be refurbishing its Solna C-96 kits and corresponding with increase in print capacities, the packaging finishing capacity will see induction of new Yoco JY-106E die-cutter with online stripper foiler and a Paktek GM-1050 folder-gluer.
"IPP is clearly on the growth path, having achieved over 30% CAGR during the past three years. IPP credits early acquisition of technology and its team as its main sources of competitive advantage" added Singhvi.
International Print-O-Pac is the PrintWeek India Company of the Year
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