Paper and Boards (SPB) Ltd was
established in 1960 under the leadership of
Sri.S.Viswanathan, a freedom
fighter turned Industrialist, on the
banks of river Cauvery in Pallipalayam,
Erode. The company had a technical
collaboration with Parsons & Whittmore
of the U.S.A,. The State Government
encouraged the company by participating in its equity through Tamil
Nadu Industrial Investment Corporation
Limited (TIIC) , then known as Madras
Industrial Investment Corporation. The
Government’s share of Rs. 1.00 crore
amounted to nearly 28.5% of the total share
capital. SPB commenced operation
with the licensed capacity of
20,000 tonnes in the year.
SPB has grown in strength to its current
installed capacity of 1,15,000
tonnes. It operates an integrated
pulp, paper and paper board Mill and
produces a wide range of products such as
printing and writing papers, packing and
wrapping papers and specialty papers. SPB's
exports nearly 15% of its production and
it is a significant exporter in the Indian
Paper Industry. Due to its excellent export
performance, SPB has been awarded 'Golden
Export House' status.
is the flagship company of the ‘SPB-ESVIN
GROUP’, consisting of Ponni Sugars Limited, a leading sugar
mill, High Energy Batteries (India) Limited,
Esvin Advanced Technologies Ltd (bio-technology), and
SPB-PC Limited ( consultancy).
has been one of the valued and continued
stakeholders of Seshasayee Paper and Boards
Limited, since birth of this Paper Mill.
Through its Nominee Director, TIIC has been
providing valuable advice to the Board.