Nibong Tebal Paper Mill Explained

Nibong Tebal Paper Mill Holdings Bhd.
Type:Private
Founder:Lee See Jin
Location City:Nibong Tebal, Penang
Location Country:Malaysia
Area Served:Worldwide
Key People:Lee See Jin (CEO and Managing Director)
Industry:
Products:Paper, tissue, personal care
Revenue: MYR690,928 million (2018)[1]
Assets: MYR809.6 billion (2018)
Operating Income: MYR50,473 billion (2018)
Equity: MYR458.8 million (2018)
Num Employees:3000 (2018)
Subsid:NTPM Personal Care Sdn. Bhd.

Nibong Tebal Paper Mill Holdings Bhd. (abbreviated NTPM;) is a Malaysian multinational pulp and paper and consumer goods company and is one of the world's largest paper manufacturer.[2] [3] Headquartered in Nibong Tebal, Penang, the company produces more than 100 types of tissue papers and has a capacity to produce 250 tons of tissue paper per day. Nibong Tebal Paper Mill has a strong presence not only in Malaysia, but also in Singapore, Indonesia, Thailand, and Vietnam.[4]

History

The company was founded in 1975 by Lee See Jin and began its operations under the NTPM banner. In 1979, the company began producing jumbo rolls and other paper products, which was made from recycled wastepaper. Nibong Tebal Paper Mill bought a paper-making machine from Taiwan and start their commercial production of paper products.[5] Between 1983 and 1986, the company record their sales exceeding 10 million MYR and began expanding their operations to Singapore as well as acquiring new machine facilities to extend their production capacity.[5] By the mid-1990s, Nibong Tebal Paper Mill expand its supplies to local supermarkets under its distribution division, NTE and produces its tissue products under the brand name "PREMIER" as part of their sales and marketing effort.[5] By 2003, the company invest RM800,000 to produce in-house brands and acquired a paper-making machine in Italy that able to produce 100 tonnes of tissue papers.[6] By 2014, Nibong Tebal Paper Mill began to expand their business to Indochina by setup US$19.7 million tissue-making facility in Vietnam.[7]

Products

Tissues

Personal care

See also

Notes and References

  1. News: 2018 Annual Report. PDF. NTPM Holdings Berhad. 21 February 2019.
  2. News: NTPM targets 20% market share in Vietnam in three to five years. https://web.archive.org/web/20190220122645/https://www.thestar.com.my/business/business-news/2016/09/24/ntpm-targets-20-market-share-in-vietnam-in-three-to-five-years/. David Tan. The Star Online. 24 September 2016. 20 February 2019. 20 February 2018.
  3. News: Produk taraf dunia. https://web.archive.org/web/20190220122623/https://www.hmetro.com.my/node/66423. Muhammad Shalaby Shahbuddin. Harian Metro. 27 July 2015. 20 February 2019. 20 February 2018.
  4. News: NTPM expanding tissue paper plants. https://web.archive.org/web/20190220122751/https://www.thestar.com.my/business/business-news/2017/09/11/ntpm-expanding-tissue-paper-plants/. David Tan. The Star Online. 11 September 2017. 20 February 2019. 20 February 2018.
  5. News: NTPM — About Us: History. www.ntpm.com.my. 20 February 2018.
  6. News: NTPM to roll out second own brand sanitary napkins. The Star Online. 1 October 2003. 20 February 2018.
  7. News: Interview: Indochina the next frontier for NTPM. The Edge Markets. 28 January 2014. 28 March 2018.
  8. News: NTPM — Our Brands. ntpm.com.my. 20 February 2018.

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