|
ITC pioneers ECF packaging for the Foods and Pharma sectors |
Feb 21, 2005 |
Honourable Minister Mr Manabendra Mukherjee Unveils ECF mark
ITC Limited unveiled the
ECF mark as part of its strategic initiative to help its customers clearly
communicate the unique value proposition of the use of high-quality ECF (elemental
chlorine-free) environment-friendly packaging for their products. The ECF mark was
unveiled by Mr Manabendra Mukherjee, Honourable Minister for Information Technology and
Environment, Govt. of West Bengal. ECF is a registered trademark of ITC.
ITC is strategically focusing on FMCG,
Foods, Pharmaceutical and Textile industries as fast-growing market segments for its ECF
range of value-added products because of the emphasis that these industries place
internationally on premium, exclusive, pure and hygienic packaging.
ITC is the first and so far the only Indian
company to use in its paperboard manufacturing facility in Bhadrachalam in Andhra Pradesh
ECF pulp. Under the United Nations Framework Convention on Climate Change, which was
formulated in Kyoto in December 1997 and came into effect a few days ago, the use of
chlorine in the manufacture of paper and other industries has to be eliminated by 2005 AD.
Elaborating on the huge opportunity for ECF
packaging in India, Mr Pradeep Dhobale, the Chief Executive of ITCs PSPD
(Paperboards and Specialty Papers Division) said, "We estimate that around 40,000
tons of packaging is being used in the sweetmeat and desserts market annually in India.
With ITC making value-added ECF products readily available, discerning Indian consumers
will now get the benefit of world-class safe food-grade ECF packaging."
"Considering the fact that in the
interest of consumer safety leading international food products & pharmaceutical
companies strictly use only ECF packaging in the US and EU markets, their Indian
counterparts are expected to follow suit soon, thus presenting a significant opportunity
for ITC." Mr Dhobale added.
"ITC has invested more than Rs 750
crores in its paperboards business in the last two years to acquire international
competitiveness in cost and quality. We are now well positioned and poised to
partner with leading Indian FMCG, foods, textile and pharmaceutical players in their plans
to increase sales in domestic and international markets." Mr Dhobale added.
ITC is the leader in India in the
value-added paperboards segment, which caters to the crucial need for high quality
packaging in the FMCG, foods and pharmaceutical industries. ITCs paperboards
manufacturing capacity is close to 350,000 tonnes, creating the potential to attain a
leadership position in the entire Afro-Asian region. ITCs global quality paperboards
now command significant brand equity in over 40 countries.
________________________________________________________________
|