Magura Group’s two paper companies, Magura Multiplex and Monospool Bangladesh, have announced fresh investments worth Tk11 crore to install modern machinery aimed at boosting production and strengthening their position in the printing and packaging industry.
Of the total, Magura Multiplex will invest Tk8 crore, while Monospool Bangladesh will spend Tk3 crore, both financing the procurement from their own funds.
The machinery, expected to be installed this year, will replace old units as well as expand production capacity.
“The investment could raise revenue by 10% to 15% for both firms,” said Md Mustafizur Rahman, company secretary of Magura Multiplex.
Yesterday (14 September), shares of Magura Multiplex closed at Tk103.10 and Monospool Bangladesh at Tk108.10 on the Dhaka Stock Exchange.
According to separate stock exchange disclosures, Magura Multiplex’s board, on 14 September, approved the procurement of eight advanced machines, including a KBA sheet-fed offset printing machine, re-winder, folding and glueing unit, die-cutting machine, foil stamping machine, single-colour printing machine, folding (vazal) machine, and sewing machine.
The company’s management said the new equipment will expand capacity for carton boxes and specialised packaging, improve precision, reduce waste, and enhance the quality of both commercial print products and packaging materials.
The KBA offset press and single-colour printing machine are expected to improve the company’s ability to deliver high-quality printed products, while the folding, glueing, die-cutting, and foil stamping machines will expand its capacity to produce carton boxes and other specialised packaging finishes.
The addition of the re-winder machine will enable more efficient handling of large master rolls, while the folding (vazal) and sewing machines will strengthen value-added finishing processes.
In its disclosure, Magura Multiplex noted that the investment will boost competitiveness in the market and have a direct positive impact on both revenue and profitability. “The Board believes that this acquisition is in line with the long-term growth strategy of the company and will help meet rising demand for quality packaging and commercial print products,” the statement said.
Meanwhile, Monospool Bangladesh has also announced a separate investment to reinforce its production lines. Its board approved the procurement of four advanced machines – a hot stamping machine, inkjet litho machines, Miyakoshi A4 cutting machines, and a 6TPH steam green boiler.
The machines will enable Monospool to produce high-resolution printed images and text directly on paper, board, and other substrates. They are also expected to improve cutting precision and energy efficiency, while supporting eco-friendly operations.
The company said the investment would strengthen competitiveness, enhance efficiency, and generate long-term profitability.
Source: The Business Standard
Read More at: csslbd.net
