India’s Ballarpur to offer RM685mil for Malaysia's GS Paper


PETALING JAYA: India’s largest manufacturer of writing and printing paper Ballarpur Industries Ltd (BILT), which counts Sabah Forest Industries Sdn Bhd as a subsidiary, is making a bid to buy GS Paper & Packaging Group (GSPP), according to The Economic Times of India.

GSPP has two paper mills at a 200-acre site in Kuala Langat, Selangor, which can produce 270,000 tonnes of paper a year and two box plants with installed annual capacity of 120,000 tonnes each.

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