Japanese paper products firm Curetex Corp. has entered the Indian market. With the establishment of its local unit, Natsu Enterprises India Pvt. Ltd., Curetex has braced itself to meet the increased demand for paper bags in wake of many states banning plastic bags across the country. India’s paper bag market is growing following a series of bans on plastic grocery bags in 17 of the 36 total states and union territories. An estimated 25,940 tons of plastic waste gets generated per day in India, according to the latest government data.
Curetex is looking to establish a paper bag manufacturing plant at Ludhiana. The proposed plant will either be a 100% Curetex project or as a joint venture with an existing manufacturer.
Masaki Fujishiro, chairman, Curtetex Corporation, also met the members of the Offset Printers Association (OPA), Ludhiana recently. Masaki was accompanied by Mari Teramoto and Shivinder Singh (Natsu).
Curetex uses paper for weaving thread for the manufacturing of various kinds of cloths. The company also deals in paper bag, wrapping paper, non-woven fabric bag etc. The company also supplied paper bags for the Beijing Olympics in 2008.