Japan Pulp & Paper established joint venture OVOL Fibre Solution India
20 June 2018
With the aim of strengthening its paper recycling business in India, Japan Pulp & Paper Co., Ltd. has established OVOL Fibre Solution India Private Limited (“OFSI”) in a joint venture with Papyrus Recycling Private Limited, with the new company having now commenced operations.
The establishment of OFSI will enable the Japan Pulp & Paper Group to create a formidable system for the stable supply of wastepaper used as a raw material in the manufacturing of paper.
The Japan Pulp & Paper Group will continue to further strengthen and make active use of its paper recycling businesses, and strive to create recycling-oriented societies in India, Japan and throughout the world.