Sonali Paper’s new product line goes into production

Sonali Paper & Board Mills Ltd has begun the commercial operation of a new product line to produce aluminium foil paper boxes.  

In May last year, the company decided to add a new product line.

The commercial operation of the product line began on Monday, Sonali Paper said in a posting on the Dhaka Stock Exchange yesterday.

At its peak, the line will produce 2.80 crore pieces of boxes per year and may generate annual additional sales revenue of Tk 19.60 crore.

Set up in 1977, the company makes duplex paper boards and papers, among other products.

Shares of Sonali Paper closed down 1.18 per cent at Tk 729.80 on the DSE yesterday.