TCPL to install a KBA six-colour UV press at its Haridwar unit
TCPL Packaging will embark on an expansion plan by investing in a KBA Rapida UV six-colour plus coater machine at its Haridwar plant.
09 Feb 2011 | 3120 Views | By Rahul Kumar
In 2010, the firm installed a Manroland R700 HiPrint at its Silvassa plant - its third Manroland press.
The KBA Rapida with an extra-large format of 106 cm size is the first press of its kind in India. The press is suitable for both UV and conventional inks on paper and metallised board.
The KBA is recognised for its high-speed prowess: 18,000 speed, 24/7. TCPL accepted the contract from KBA after a series of tests with print-runs om Indian board and metpack at the KBA plant in Germany.
It is the firm’s third investment in a six-colour press at Haridwar. These installations will be supplemented by die-cutters, folder gluers and laminators for converting.
Saket Kanoria, managing director of TCPL stated: "Our aim is not to simply buy a machine. We want a productive machine. That is why we planned to go for next generation machines which are faster and productive. At Haridwar, we shall add the third line by March 2011."
TCPL plans to set up a corrugation plant in the same industrial estate that will produce E, F and N micro-fluting corrugated cartons. This will increase the company’s carton making capacity to more than 20,000 tonnes.
TCPL financial results for the quarter ended December 31, 2010 reported a net sales / income from operations of Rs 60.75 crore against Rs 49.20 crore for the quarter ended December 31, 2009. The net profit was Rs1.83 crores against Rs 1.67 crores for the quarter ended 2009.
The company has reported an EPS of Rs 2.27 as compared to Rs 2.12 for the quarter ended December 31, 2009.
The KBA Rapida with an extra-large format of 106 cm size is the first press of its kind in India. The press is suitable for both UV and conventional inks on paper and metallised board.
The KBA is recognised for its high-speed prowess: 18,000 speed, 24/7. TCPL accepted the contract from KBA after a series of tests with print-runs om Indian board and metpack at the KBA plant in Germany.
It is the firm’s third investment in a six-colour press at Haridwar. These installations will be supplemented by die-cutters, folder gluers and laminators for converting.
Saket Kanoria, managing director of TCPL stated: "Our aim is not to simply buy a machine. We want a productive machine. That is why we planned to go for next generation machines which are faster and productive. At Haridwar, we shall add the third line by March 2011."
TCPL plans to set up a corrugation plant in the same industrial estate that will produce E, F and N micro-fluting corrugated cartons. This will increase the company’s carton making capacity to more than 20,000 tonnes.
TCPL financial results for the quarter ended December 31, 2010 reported a net sales / income from operations of Rs 60.75 crore against Rs 49.20 crore for the quarter ended December 31, 2009. The net profit was Rs1.83 crores against Rs 1.67 crores for the quarter ended 2009.
The company has reported an EPS of Rs 2.27 as compared to Rs 2.12 for the quarter ended December 31, 2009.