Sahil Agrawal, executive director of Jagadamba Group said that the company was investing Rs 1.5 billion over two years to set up the plant. [break]"Of that, we are investing Rs 700 million in the first phase which will enable us to produce 100 million pieces of bags in a year," he stated.
The government on May 28 enforced a provision of using laminated bags over synthetic sacks, saying laminated bags were environment friendly, waterproof, reduced dust pollution and health hazards to laborers. It can also be used for packaging fertilizers, rice and pulses packaging as well.
JS officials said the use of laminated bags will, in fact, save 3 to 7 percent of cement for consumer by preventing leakage. “The bags will be available in the market within three months and we will be supplying it to all the cement factories in the country,” said Agrawal.
According to the company, the cost of a laminated bag will be higher, approximately Rs 23 to Rs 28 depending on the size and color, as compared to currently used synthetics bags which is available at Rs 14 to Rs 18 per piece. “This will increase the price of the cement but it is nothing compared to the benefits it provides,” said Agrawal.
According to Agrawal, JS is the Asia´s largest woven sacks manufacturing company, with the world´s most advanced technology from Europe. The company is currently supplying 40 percent of the synthetic bags to the cement industries in Nepal.
Jagadamba Steels facilitates Sherpa
Jagadamba Steels on Friday facilitated Dadendi Sherpa who successfully scaled Mount Everest on May 24 and waved the company flag at the summit. Speaking at a press conference, Sherpa said that he felt proud that his enthusiasm turned into reality with the help of the company and conveyed his regards.
Shanker Lal Agrawal, chairman of the company and Sahil Agrawal, joint managing director congratulated Sherpa for his achievement. The company also announced it will be supporting Sherpa to fulfill his dream of conquering the tallest peak four times in a year in all seasons.
Sahil also informed that the company was expanding its production by venturing into the manufacture of Continuous Galvanizing Line (CGL) sheets, Continuous Color Coating Line (CCL) sheets and Cold Rolled (CR) sheets.
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