Packages Limited Essay

2352 Words Sep 26th, 2014 10 Pages
Packages limited

Packages Limited was established in 1957 as a joint venture between the Ali Group of Pakistan and Akerlund & Rausing of
Sweden, to convert paper and paperboard into packaging for consumer industry.
Over the years, Packages has continued to enhance its facilities to meet the growing demand of packaging products.
In 1968, with IFC participation, Packages integrated upstream by establishing a Pulp and Paper Mill with a capacity of 24,000 tons per year based on waste paper and agricultural by-products i.e. wheat straw and river grass. With growing demand the capacity was increased periodically and in
January 2003, total capacity was nearly
100,000 tons per year.
In 1982, Packages modified a paper
machine
…show more content…
The said expansion was completed in
1998 at a cost of PKR 2.7 billion.
In 1996, Packages entered into a joint venture agreement with Printcare
(Ceylon) Limited for the production of flexible packaging materials in Sri Lanka.
The project Packages Lanka (Private)
Limited, in which Packages Limited has
79% ownership, commenced production in 1998.
During 1999-2000, Packages successfully completed the expansion of the flexible packaging line by installing a new rotogravure printing machine and enhancing the carton line by putting up a new Lemanic rotogravure inline printing and cutting creasing machine. In addition, a new 8 color Flexo graphic printing machine was also installed in the flexible packaging line in 2001.
Packages commenced production of corrugated boxes from its plant in Karachi in 2002.
In 2005, the Company embarked upon its Paper & Board expansion plan at a new site ‘Bulleh Shah Paper Mills’
(curently Bulleh Shah Packaging (Private)
Limited), almost tripling its capacity from
100,000 tons per annum to 300,000 tons per annum. Capacity expansion at
Bulleh Shah Paper Mills was completed in two phases., In the first phase, Brown
Board Machine PM-6 along-with high yield straw pulping & OCC plants and its back processes such as 11 MW Power
House, Gas Turbine and

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