Page 6 - PWM2024_JUNE EBOOK

NEWS INDIA

APRIL Group buys stake in Origami

APRIL Group, a leading well behind global stand- into the tissue markets in
global producer of fibre, ards.” China, Southeast Asia and
pulp and paper, has acquired “The Indian tissue market Brazil. In India, APRIL
a controlling stake in is rapidly expanding, driven plans to follow its successful
Origami, India’s leading by consumers’ evolving per- model to integrate leading
consumer tissue products ceptions and habits on local enterprises into its
company, marking its hygiene and personal care,” global growth plans and pro-
entrance into the fast-grow- said Suneel Kulkarni,
ing India tissue and personal Country Head, APRIL India vide the resources to
hygiene market. APRIL & Subcontinent. “By bring- upgrade technology and
Group is a member of the ing together APRIL and processes to provide world
Singapore-headquartered Origami, we’re well placed class environmental con-
RGE group of companies. APRIL Group buys controlling stake in Indian company Origami to serve the growing scious products at afforda-
Origami, a household national demand for high ble prices.
name in India, is a fully inte- and wet wipes under the shown significant year-on- quality, sustainable personal Leveraging the company’s
grated operation spanning Origami and affiliated year growth, driven on the hygiene products.” status as a leading supplier
tissue paper mills and con- brands. back of India’s fast evolving APRIL has been a leading of pulp to India, APRIL’s
verting plants operating at middle class, consumer per- exporter of pulp and paper acquisition of the control-
multiple locations and dis- Origami was founded in ceptions and habits on products into India over the ling stake in Origami also
tribution centers across the 1995 by Neelam and Manoj hygiene and personal care. last 25 years. The acquisi- enables the group to ‘Make
country. As India’s leader in Pachisia, who will continue This has created a market
tissue and personal hygiene, to hold a significant minor- environment in which inter- tion of the controlling stake in India’ to further support
Origami manufactures an ity stake in the company and national-standard personal of Origami is part of APRIL’s foreign direct investment in
extensive product range cov- continue to lead the busi- hygiene products are strategy to expand its global local production.
ering facial tissues, paper ness following the comple- increasing in demand, with footprint into the world’s “Together, APRIL and
napkins, toilet tissue rolls, tion of the acquisition. The headroom to grow given that most populous markets fol- Origami are stronger,”
kitchen towels, hand towels, Indian tissue market has per capita consumption is lowing recent investments Kulkarni added.

Hitech Print Systems installs Rotatek RK 250 Plus 9-Color press

Hitech, a prominent name This also marks the inau- launch an upgrade program
in security printing in India, gural installation of newly for customers interested in
has reinforced its commit- christened Rotatek Printing transitioning to our latest
ment to excellence and inno- and Packaging technologies
vation by investing in a in the Indian market. offering, the RK Perfect NT,
second 9-colour pre-owned Mario Gamez, CEO of a state-of-the-art shaftless
Rotatek RK 250 Plus press. Rotatek, said, “We are servo press.”
This significant addition to thrilled that Hitech has once With ongoing technical
their production arsenal is again placed their trust in advancements, an expanded
poised to augment their Rotatek’s cutting-edge tech- workforce, and increased
capacity and further elevate nology. The RK 250 Plus
their standards of quality and production capabilities,
efficiency. Hitech Print Systems installs second Rotatek RK 250 Plus press nine-color press is renowned Rotatek is poised for a prom-
Hitech is specialized in The newly installed installed in 2013. This new as a dependable workhorse, ising future. The company
security printing of various Rotatek RK 250 Plus press, workhorse further solidifies with over 300 machines anticipates reclaiming its
essential documents includ- located at Hitech’s state-of- Hitech’s position as a leader operational worldwide, some position as a market leader in
ing question papers, answer the-art facility in Vijayawada, in embracing advanced print- even spanning up to 20 years security printing, driven by
sheets, OMR forms, univer- in service. We are committed
sity degrees, certificates, marks a strategic milestone ing solutions to meet evolv- to providing comprehensive its relentless pursuit of inno-
cheques, and other valuable in the company’s journey, the ing market demands and support for all our presses vation and customer satisfac-
documents. first Rotatek machine was exceed client expectations. globally and are gearing up to tion.

06 PrintWeek MENA June 2024 www.printweekmena.com