| The Company was incorporated on 29th June 1964 as "The Andhra Pradesh Paper Mills Ltd." at Rajahmundry. The Certificate of Commencement of business was obtained on 10th July 1964.
The Andhra Pradesh Paper Mills Ltd. was formed with infusion of funds and high calibre management of the well-known industrial house of Bangurs of Calcutta, who have interests in textile manufacturing, tea plantation, wind energy generation and trading and investment business other than paper. In 2001, Coastal Papers Ltd was taken over by the company. The production capacity of both the units put together is 1,53,500 TPA. There are eight paper machines installed at the two locations which produce papers of different M.F & M.G varieties in the range of 21 to 250 GSM as well as newsprint. With the commissioning of largest continuous digester in the country, the total bleached pulp production at APPM (Unit Rajahmundry) is 1,81,500 TPA. The estimated paper production will increase to 1,74,500 TPA after the completion of the paper machine modernization plan in the later part of the year 2007.
The company provides direct employment to over 4000 families. Moreover, the company provides livelihood to over 10,000 families through indirect job opportunities. |
