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Press Release Monday, July 28, 2008

BILT launches Research & Development for the Pulp & Paper industry

From correspondents in Delhi, India, 07:18 PM IST

Ballarpur Industries Limited (BILT), India’s largest paper company, of the $3 billion Avantha Group announced today the appointment of Mr. R. Varadhan as the head of the Research & Competency Division in Pulp & Paper (RCDP). RCDP will engage in conducting research and development studies in paper manufacturing including pulping/bleaching, stock preparation, coating, environment safety and provide expertise to the Pulp & Paper industry.

Speaking on the occasion Mr. Gautam Thapar, Chairman Avantha Group said, ‘For India to achieve greater heights in the Pulp & Paper business; R&D will have to play a key role. I strongly believe that research is a core competency and a strategic resource for the Paper Industry.”

Mr. R. Vardhan said, “I am excited about this assignment with RCDP as it fills a major gap and long felt need. RCDP will be the premium research provider for the Pulp & Paper industry.”

RCDP will provide the following services:

  1. Research and Development services
  2. Process and Environmental audits & Consultancy
  3. Knowledge Processing outsourcing services through relationships with leading Research Institutes in the country and overseas
  4. Testing and Analytical Services

The RCDP will be governed by independent Management Research Advisory Committee comprising select experts, senior executives and eminent scientists. Introduction of the latest global trends and best practices will accelerate growth in the industry.

“It is imperative for the growth of the Industry that research projects are carried out at different levels and I believe that by providing a competent R&D resource we will create a stronger and healthier Industry,” added Mr. Gautam Thapar.

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