KREYAS GROUP of Oman to set-up world class Kraft packaging paper Mill in UAE with a capacity of 200000 MTPA
Mr Rajasekar Veerichetty, VP of Keryas Paper Industry LLC, announced that it will set up their upcoming Kraft liner project in UAE with a capacity of 200,000 Metric Ton Per Annum (MTPA) at an investment of 40 Million USD in the pulp and paper manufacturing unit. They signed a MOU with C2C for the feasibility study of the above project in Dubai on 22 September 2022.
The project is designed to produce low GSM Kraft packaging paper with a basis weight of 60 to 80 as anchor GSM. The mill will also have the capacity to produce 150 GSM basis weight of Kraft packaging paper. The project helps fulfil the gap in market demand particularly for the lower GSM ranges.
The project will be one of the largest across GCC countries and expected to commence the production within 18 to 20 months, a Keryas Group statement said.
The existing line has achieved more than 120% of its design capacity in a short span of time with superior quality end product.