Malu Paper Mills (MPML) was incorporated in 1994 as Malu Solvex. The name was changed to present one in the year 1998.
The company is promoted by the Malu family, which has business interests in paper, coal and lignite trading, manufacturing and trading of MS electrodes, manganese processing and exports, MS ingots and castings.
MPML owns two paper manufacturing units located at Nagpur in Maharashtra. The company started production at its first paper mill in 1996 will a initial capacity of 18 tonnes per day (TPD). Later this capacity was increased to 25 TPD. Looking at prospects of paper business the company set up another mill will a capacity of 60 TPD.
Today Malu Paper Mills has a manufacturing capacity of 8250 TPA of kraft paper and 19800 TPA of newsprint.
The company also operates an inland container depot (ICD) at Ajni, Nagpur that provides excellent facilities for the purpose of Import of raw material and exports to the unit.
MG kraft paper - The company’s kraft paper plant uses a recycle-based technology using old corrugated cartons as basic raw material to manufacture machine-glazed (MG) kraft paper with a production capacity of 25 TPD.
The market for kraft paper is located in Maharashtra, Karnataka, Andhra Pradesh and Tamilnadu. The company sells its products to industrial clients like DCL Polyesters, Indo-Rama Synthetics, HLL, Marico, Haldiram's and Solar Explosives to name few.
Newsprint - Being the basic raw material in newspaper media industry, the company caters newsprint to various leading newspapers. The company has clientele namely Lokmat Group, Jagaran Prakashan, Navbharat Group, Raj Express, Prabhat Khabar, The Hitvada, Uttar Banga Sambad, Dainik Bhaskar, Hindustan Times, Indian Express, 'O' Herald, Deshonnati, Sakal, Hari Bhoomi, Nai Dunia, Samaj, and many others.
It also caters to Saraswathy Press and Lunes Publication for Telephone Directories and Lotteries.
Malu Paper Mills is focusing on various areas such as quality control, research and development facilities and reduce cost by introducing better management of resources. It is also planning to set up an in-house 6 MW coal based captive power plant.
The company is also looking out to expand its business through the acquisition of a potential company.