International Paper Announces Strategic Entry into India, Agrees to Purchase Shares of Andhra Pradesh Paper Mills
About Andhra Pradesh Paper Mills
The Andhra Pradesh Paper Mills Limited (APPM), part of the Kolkata Based L.N. Bangur group, established in the year 1964, is a leading manufacturer of pulp and paper products and caters to both the domestic and foreign markets. With two manufacturing units in Andhra Pradesh and a total paper production capacity of 250,000 metric tonnes per annum, APPM produces writing and printing and copier papers. With sales of approximately US$160 million, focused social and community programs backed up with its own pioneering work in raw material generation through social farm forestry and a very strong strategic growth focus, APPM is becoming a driving force in the green paper manufacturing arena in the world economy. For more information on APPM, please visit andhrapaper.com.