MIRA
INFORM REPORT
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Report Date : |
19.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
CENTRAL PULP & PAPER RESEARCH INSTITUTE |
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Registered Office : |
P. O. Box No. 174, Paper Mill Road, Saharanpur - 247 001, Uttar Pradesh |
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Country : |
India |
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Date of Incorporation : |
1980 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
MRTC00794D |
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PAN No.: [Permanent
Account No.] |
AAATC3482G |
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Legal Form : |
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Line of Business : |
Subject is a national level institute to promote R & D
in the field of pulp and paper |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
-- |
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Comments : |
Subject is a well established Government of India Institution. Available information indicates high financial responsibility of the subject. Trade relations are fair. General financial reputation is favourable. Payments are usually correct and as per commitments. Subject can be considered good for normal business dealings. It can be regarded as a promising business partner in a long run. |
LOCATIONS
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Registered Office : |
P. O. Box No. 174, Paper Mill Road, Saharanpur - 247 001, Uttar Pradesh, India |
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Tel. No.: |
91-132-727227 / 727036 / 727783 / 725317 |
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Fax No.: |
91-132-727387 |
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E-Mail : |
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Website : |
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Location : |
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Branches : |
N-242 Greater Kailash, part-1, New Delhi- 110048 India |
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Tel. No.: |
91-11-29235417 |
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Fax No.: |
91-11-29243583 |
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E-Mail : |
MANAGEMENT
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Name : |
Dr. A. G. Kulkarni |
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Designation : |
Director |
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Qualification: |
M.Sc. Ph.D. |
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Tel No. |
(O) 91-132-2714050 / 2714051/ 52 (R) 91-132-2714053/ 54 Ext: (O) :201 (R):301 |
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E-mail: |
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Name : |
Mr. V. K. Mohindru |
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Designation : |
Deputy Director |
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Qualification : |
B.E. (Chemical
Engineering) |
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Department: |
Scientist F &
Head, Solid Waste & Air Pollution |
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Name : |
Dr. Y.V. Sood |
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Designation : |
Scientist-E-II Stock Preparation, Paper Making
and Conversion Divison (SPPMC) |
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Tel No: |
(O): 91-132-2714057 (R): 91-132-2766466 |
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E-mail: |
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Name : |
Dr. T.K. Roy |
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Designation : |
Scientist-F Physical Chemistry and Pulping
and Bleaching Division (PCPB Division) |
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Tel No: |
(O): 91-132-2714055 (R): 91-132-2714056 Ext: (O): 203 (R): 300 |
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Name : |
Dr. R. M. Mathur |
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Designation : |
Scientist E-II Chemical Recovery and Environment
Management Division |
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Tel No: |
(O): 91-132-2714058 (R): 91-132-2771061 Ext: 125 |
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E-mail: |
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Name : |
Dr. R. K. Jain |
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Designation : |
Scientist-E-I Marketing and Business Development Division |
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Tel No: |
(O) : 91-11-29235417 |
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Fax No: |
(O) : 91-11-29243583 |
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E-mail: |
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Name : |
Sh. R.S.Bisht |
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Designation : |
Library Officer Library and Documentation Divison |
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Tel No: |
Ext(O):226 (R):325 |
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Name : |
Sh. Y.C. Joshi |
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Designation : |
S.O. (Admin) Administration |
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Tel No: |
Ext: (O) :219 (R):318 |
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Name : |
Dr. B.P.Thapliyal |
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Designation : |
Scientist-E-I Engineering and Maintenance Division |
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Tel No: |
(O): 91-132-2714060 Ext: (O):209 |
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Name : |
Sh. Anil Kumar |
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Designation : |
S.O (F and A) Financial and Accountant |
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Tel No: |
Ext: (O): 221 |
BUSINESS DETAILS
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Line of Business : |
Subject is a national level institute to promote R & D
in the field of pulp and paper |
GENERAL
INFORMATION
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No. of Employees : |
105 |
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Bankers : |
State Bank of India, Saharanpur - 247 001, Uttar Pradesh |
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Facilities : |
-- |
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Banking
Relations : |
Good |
FINANCIAL DATA
[all figures are in Rupees Millions]
No financials of the institution is available from any sources.
LOCAL AGENCY
FURTHER INFORMATION
council of association :
It is the highest authority constituted by Government of India to look after the affairs of the institute. This council is headed by Mr. Ajit Kumar, Secretary Industrial Policy and Promotion, Ministry of Industry.
research advisory committee (RAC) :
It is a committee represented by Senior Executives from Pulp & Paper Industry and plays a vital role in planning of research project.
objectives :
Ø To promote research and scientific work with paper and pulp industries.
Ø To establish and maintain laboratories, pilot plant and workshops for paper and pulp research and conducting experiments.
Ø To publish periodicals on the activities having bearing on the industry.
Ø To encourage discoveries and acquire patent improvements
Ø To assist research work of any society or institute connected with pulp and paper industries.
role of institute in paper industry :
Raw material for paper industry :
The institute played a very important role in identification of alternate raw materials as for sustainability of the industry.
Processing Technology :
Subject is helping the industry to identify and develop technologies ideal for indigenous raw materials. It has developed some of the following technologies :
Ø Desilication of straws and bamboo black liquors for control of solid waste pollution.
Ø Thermal depolymerisation of bagasse black liquor for improved energy generation.
Ø Bio-energy recovery from pulp and paper mills waste to reduce pollution problem in small mills.
Ø Application of double wire press for washing of agro residue pulps.
Ø Environmentally friendly pulping & bleaching processes.
Ø Direct alkali recovery system for small agro based mills.
Ø Newsprint grade pulps from Jute / Mesta.
Some of these technologies are well accepted by the industry.
Resource Recovery &
Conservation :
Subject is playing an important role and R & D projects have been formulated to achieve targeted Resource Recovery and Conversation in paper industry.
Quality Standardisation :
Paper is one commodity where desired quality standards are required to be maintained. The standards formulated by Bureau of Indian Standards (BIS) are generally followed by the paper industry. The institute is assisting industry in testing the quality standards of paper & paper products and the conformity of BIS standards.
Environmental protection :
Keeping in view the emerging environmental issues like control of chlorinated compounds in paper products and effluents, particulate emissions through gases, odour control and the solid waste pollution problem, a number of sponsored projects taken up in related area by the institute.
Technology Transfer :
Following are the technologies developed / modified by the institute for the paper industry :
Ø The world's first desilication technology developed by the institute was demonstrated on full scale, the transfer of which could not take place till 1997, primarily due to lack of interfacing. In 1997, the subject agreed to promote the technology through license agreement and is now promoting the technology and identified a number of clients.
Ø Technology for bio-energy recovery, was successfully implemented with the active participation of the institute, engineering company and the participating mill for full scale demonstration plant.
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Technology |
Marketing Group |
Year |
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Desilication of black liquor |
ENMAS Ahlstrom Limited |
1996 |
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Thermal depolymerisation of bagasse black liquor |
ENMAS Ahlstrom Limited |
1996 |
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Bio-energy recovery from pulp and paper mill waste |
CPPRI/MNES |
1997 |
Information Services & Linkages with Industry :
Apart from R & D activities the institute also conducts training programme / workshops / seminars to disseminate the research findings.
Subject is interacting consistently with the industry through associations like Indian Paper Makers Association (IPMA), Indian Agro Paper Makers Association (IAPMA), All India Small Paper Makers Association (AISPMA) etc. Efforts made for increased interaction with industry by working on specific projects aimed in the area of resource conversation, environmental protection, quality control and training programme etc.
achievements :
Training of Scientists :
Scientists at institutes trained in developed countries such as USA, Canada, Japan, Netherlands, Australia, Sweden etc. and today it is represented by a team of scientists experienced in respective field.
Technical services rendered to industry :
Besides consultancy services, approximately 10000 samples tested till date which included paper samples, black liquor testing of non-fibrous materials.
The institutes completed 58 research projects and 106 sponsored projects.
UNDP projects executed by the institute :
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1979-89 |
US/IND/206-Desilication of Bamboo Black Liquor |
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1979-86 |
US/GLO/79/270 - Setting up of fibre fractionating plant at NEPA Mills |
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1985-89 |
UNDP/IND/85/048 - Chemical recovery plant for small pulp and paper mills using non-woody raw materials. |
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1989-93 |
UNDD/UNIDO/GOI (CPPRI) PROJECT/IND/89/114/A/01/99 - Assistance to non-wood based pulp and paper industry covering the areas of : |
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Refining of non-wood pulp |
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Water conservation |
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Energy conservation |
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Solid waste utilisation |
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Pollution abatement |
Overseas contracts undertaken by the institute :
Ø Studies on Desilication of straw black liquor at Seka Afyon Pulp Mill, Turkey (Completed)
Ø Studies on Desilication of reed black liquor at Sinuiju Chemical Fibre Complex, DPR-Korea
Countries for which sponsored projects were undertaken :
Ø Pakistan
Ø Bangladesh
Ø Sweden
Ø Turkey
Ø North Korea
Ø Saudi Arabia
International Co-operation in technology development :
Ø Denmark - Direct Alkali Recovery System
Ø Sweden - Desilication of Black Liquor
Ø Austria - Andritz Double Wire Washing System
Patents :
No. of patents filed : 7
No. of patents awarded : 4
Seminars / workshops / training programmes organised by the institute :
Ø Seminar on R & D needs in paper industry, 1982,. New Delhi
Ø UNIDO/CPPRI/IPPTA workshop on energy conservation in pulp and paper industry (1985)
Ø International seminar on desilication of black liquor 1989, Cochin, Kerala
Ø International workshop on small scale chemical recovery - high yield pulping and effluent treatment, 1991, New Delhi
Ø International US-AID/CPPRI/EMC workshop of energy conversation in pulp and paper industry (1995)
Ø Workshop on energy efficiency agenda in pulp and paper industry, 1997, New Delhi
Ø Workshop on whole jute utilisation, 1999, Saharanpur, Uttar Pradesh
Ø Organisation of three paper exhibition, "PAPEREX", 1993, 1995 & 1997, New Delhi
Ø Organisation of three training programmes on "High rate bio-methanation of paper & pulp mill waste" - 1996 - Saharanpur, 1997- Hyderabad and 1998-New Delhi
Ø Workshop on jute utilisation by paper industry, 1998, New Delhi
Ø Interaction meet on biotechnology, 1999, Saharanpur, Uttar Pradesh
Interaction with other agencies :
Ø Energy Management Centre, New Delhi
Ø Ministry of Non-Conventional Energy Sources, New Delhi
Ø Industrial Development Services , New Delhi
Ø Punjab agro Industries Corporation, Chandigarh, Punjab
Ø Department of Science and Technology, New Delhi
Ø Indian Institute of Technology, New Delhi
Ø Association of Mills
Publications:
Number of Publications & Reports : 300 approximately
Best Papers Awarded : 7
Technologies developed by the institute :
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Name of Technology |
Status |
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Vapour phase pulping |
Commercial |
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Desilication of black liquor |
Commercial |
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Manufacture of newsprint from whole mesta |
Semi-commercial |
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Improvement in newsprint quality |
Commercial |
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Fractionational beating of fibres |
Commercial |
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Direct alkali recovery system |
Pilot plant |
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Thermal depolymerisation of bagasse black liquor |
Pilot plant |
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Urea pulping of agricultural residues |
Lab scale |
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Briquetting of solid waste for fuel utilisation |
Pilot plant |
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Upgradation of raw materials |
Pilot plant |
As Per Web site:
Formation of the Institute
To promote R&D in the field of pulp & paper, a National level Institute was established in 1980 as an autonomous body under the administrative control of Dept. of Industrial Policy & Promotion, Ministry of Industry, Govt. of India.
Growth & Development of the Institute
The origin of CPPRI dates back to the year 1975 when the
UNDP-GOI Project became operational. After the conclusion of the UNDP Project,
the facilities thus created were utilized to fulfill the long felt need for a
National Level Institute to promote R&D needs of Indian Pulp and Paper Industry.
Thus after the approval of the cabinet, Central Pulp & Paper research
Institute (CPPRI) came into existence in November 1980. Existing R&D
facilities were continuously upgraded with the aid of Plan Funds received from
the Government.
From a Small Laboratory in 1980 CPPRI has grown into a National Level Institute
having :-
Assets of Rs. 30.00 Crores
Modern R&D Facilities
Information Center
Well trained Manpower
Laboratory Buildings
A Housing Complex
Location
Central Pulp & Paper Research Institute is located at Saharanpur, a city in
the state of Uttar Pradesh (India), 168 kms from New Delhi, well connected by
rail & road. CPPRI is situated in the vicinity of Institute of Paper
Technology and Star Paper Mills Ltd.
Growth & Development of the Institute
The objective of the Institute is to promote Global Competitiveness of the Indian Paper Industry & focus its research & Scientific work in the areas of :
Quality improvement
Cost competitiveness
Resource conservation
Cleaner Production
Vision of the Institute
To make CPPRI a centre of excellence with focus in the
area of Technology Transfer
To make Indian Paper Industry sustainable and globally competitive.
Mission of the Institute
Mission statement of the Institute : "In pursuit of cleaner production, resource conservation and quality excellence, in Pulp & Paper Industry"
Quality Policy of the Institute
"CPPRI is committed to develop itself into a premier research institute, with focus on the Pulp & Paper industry both in India and abroad."
A quality management system meeting the requirements of ISO 9001:2000 has been
established to realize the quality policy by achieving the quality objectives.
The Management and Staff are committed to continually improve while complying with
applicable statutory and regulatory requirements of the Quality Management
System
The Management
All affairs of CPPRI are managed by 18 membered Council of Association, comprising of representatives from Paper Industry, Ministry of Industry (DoIPP), and Deptt. of Science & Technology (DST) , Council of Scientific and Industrial Research (CSIR), Indian Council of Forestry Research & Education (ICFRE) and University of Roorkee. The Secretary Industrial policy & Promotion, Ministry of Industry, Govt of Indian is the president of the Council of Association (List of memebers of Council of Association). The Association performs various functions such as deciding the budget , approval of annual plan, purchase and disposal of equipment etc.
Planning & monitoring of research activities is looked after by the
Research Advisory Committee (RAC). The committee is represented by Senior
Executives from Pulp & Paper Industry, associations, research organizations
and Ministry of Industry. (List of Members of Research Advisory Committee (RAC))
Infrastructure & Institutional Framework
Since its inception in 1975 the Institute strengthened its Infrastructure & modern equipment facilities by acquiring start-of-art indigenous & imported equipments. The equipments include modern analytical instruments and paper, black liquor, effluent testing equipments that are operated by scientists who are trained to work on them. From time to time these equipments are up graded to further improve their performance.
CPPRI's diverse activities extend to different areas of Pulp & Paper manufacture. The various Divisions / Sections which cater to the R&D need of the Industry are :
Physical Chemistry, Pulping & Bleaching Division
Stock Preparation, Paper Making & Conversion Division
Biotechnology and Recycled Fibre (RCF) Processing Section
Environment Management Section
Engineering & Maintenance Division
The other divisions which co-ordinate, plan and help in execution of the
Research Projects include :
Planning, Coordination, HRD & Library
Consultancy & International Co-operation Division
Industrial Coordination & Marketing Division
Administration Division
Finance & Accounts Division
Internet & Web-Maintenance
Bamboo now on horti-crops list
(New Delhi, Feb. 16).
The government has decided to include bamboo in the list of horticultural crops, in a move that would propel the broad-based development of all species of the grass as a plantation crop, attracting fresh investments. The Union agricultural ministry for implementing the national mission on bamboo technology and trade development, would shortly notify the change, according to official sources. (The Economic Times, Kolkata, 17.2.2004)
Govt. adds more items under SAPTA duty concession list
(New Delhi, February 28).
The Government has expanded the list of items that can be imported from the other six signatories to the SAARC Preferential Trade Agreement (SAPTA) at preferential import duties.
Besides India, the other signatories to SAPTA are Bangladesh, Bhutan, the
Maldives, Nepal, Pakistan and Sri Lanka.
Tariff concessions have also been deepened on certain items that already enjoy
preferential import tariffs for imports into India from these six SAARC member
countries.
Hand made paper, cartons, boxes of paper and paperboards, registers, notebooks,
exercise books are among the new items that can be imported into India from
March 1 at a preferential tariff under SAPTA.
Informed sources said that the import duty concession has been pegged at 10 per
cent of the applied rate of customs duty for these items.
While such tariff concessions are aimed at enhancing intra-SAARC trade, some
trade experts pointed out this may result in relocation of some of the
industries to the neighbouring countries. (Business Line, Chennai, 29.02.2004)
Finland's Metso plans footprint in India
Kolkata: Metso Paper Como SPA, part of the euro 4.7 billion Metso Corporation of Finland is mulling over setting up a pulp mill and paper making machines assembling unit in India.
However, prior to that, it would set up its own subsidiary in India. Metso
Corporation already has a subsidiary in India through its group concern, Metso
Minerals.
The latter is one of the world's leading supplier of rock and minerals
processing systems. It also delivers drilling equipment, rollers, paving
machines, among others used for road construction.
Meanwhile, Metso Paper currently imports pulp mill and paper making machineries
from its plants located in Finland and Sweden. Its product range include
effluent treatment plant, bleaching plants, equipments for pollution-free pulp
production, among others.
According to the director of Metso Paper, George Erik Kreutzman, the company's
business volume was $10 million last year and is expected to double this year.
Moreover, as Kreutzman pointed out, the Indian paper industry is slated to
invest over $1 billion by 2008 on modernization and Metso is looking at least $
100-200 million worth of business potential from India. The Indian paper
industry spent over $50 million last year and almost 90 per cent was on pulp
mill modernization," he informed.
Metso Paper, incidentally, has a subsidiary in China where it makes paper and
board making lines to cater to the local market. "Unlike India, the
Chinese invest in paper machines and import pulp from South-East Asian
countries," he informed while adding that Indian companies invest mostly
on their pulp mills. The company's business volume in China is $ 600 million.
It may be mentioned that the per capita consumption of paper in India is around
5 kg while it is 30 kg in China and 250 kg in USA.
India's total paper and board production is estimated to be 5.8 million tonne
per annum while the annual production of the world is around 300 million tonne
(The Times of India, Kolkata, 3.3.2004).
CMT REPORT
(Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners, controlling
shareholders or senior officers as terrorist or terrorist organization or whom
notice had been received that all financial transactions involving their assets
have been blocked or convicted, found guilty or against whom a judgement or
order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l Anti-Money
Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE
GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws, regulations
or policies that prohibit, restrict or otherwise affect the terms and
conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.41.64 |
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UK Pound |
1 |
Rs.83.11 |
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Euro |
1 |
Rs.56.46 |
SCORE & RATING
EXPLANATIONS
Nil:
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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