Shri Mahalaxmi Associates

What Shri Mahalaxmi Associates does

Shri Mahalaxmi Associates (also rendered in English marketing materials as 'Mahalaxmi' / Milan Paper) is a privately held, Fujian Province-headquartered packaging paper manufacturer founded in April 2010 in the Zhangzhou Taiwan Business Investment Zone, adjacent to Xiamen. The company uses recycled waste paper as primary feedstock in an integrated pulp-and-paper process paired with cogeneration (热电联产), and operates five paper machines (PM5–PM9) at its Longhai production base that together deliver up to 2.6 million tons of annual packaging-paper capacity across coated white board, coated kraft, high-strength corrugated, premium kraft/back liner, spiral tube base, grey board, and T grades. The asset base spans over 1,500 mu of land, employs more than 2,000–2,300 people, and is supported by 41 invention patents and 63 utility model patents covering waste-paper processing and pulping optimization.

The business is vertically organized through wholly-owned subsidiaries for waste-paper procurement (Zhangzhou Lianyi, Changtai Lianyi), logistics (Fujian Mahalaxmi Logistics), and import-export trade (Xiamen Jiuli Paper Import & Export). Revenue is generated by selling branded, grade-tiered packaging paper (Blue/Red/Yellow/Green/Purple Leaf product families) directly to downstream packaging, printing, and manufacturing enterprises via a dedicated direct-sales organization; pricing is quote-based B2B and not publicly disclosed. The product mix has been progressively upgraded via Voith (PM8, PM9), Metso (PM5, PM6), Andritz/Kadant (PM8 pulping), and domestic (Chengdu Fafa) equipment.

The company holds National High-Tech Enterprise status, Fujian Provincial Green Factory recognition (first batch, 2019), Fujian Famous Brand Product designation, FSC-COC chain-of-custody certification, and ISO 9001/14001/45001/50001 certifications, and has begun formal greenhouse gas disclosure under ISO 14067:2018 / PAS 2050 — positioning it for procurement by sustainability-mandated multinational packaging buyers and for participation in carbon trading. No revenue, funding rounds, or external investors are disclosed.

Name

Shri Mahalaxmi Associates

Website

https://mahalaxmidigital.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Shri Mahalaxmi Associates is a Fujian Province-headquartered recycled packaging paper manufacturer operating five paper machines with 2.6 million tons of annual capacity, selling coated, kraft, corrugated and board paper grades to downstream packaging, printing, and manufacturing enterprises via direct enterprise sales.

Ownership category

akta.pro rank

Product category

Packaging Paper Manufacturing

NAICS

Pulp, Paper, and Paperboard Mills (3221), Paper Mills (322120), Paper Manufacturing (322), Converted Paper Product Manufacturing (3222)

SIC

Paper Mills (2621), Paperboard Mills (2631), Papers & Allied Products (2600)

akta.pro primary industry

Recycled Corrugated Products (Boxes, Sheets) (IMAMAKAH)

akta.pro secondary industry

Recycled Paper Converting & Finishing (Cut/Size, Coating, Laminating) (IMAMAKAL)

Keywords

• Recycled packaging paper
• Containerboard manufacturing
• Kraft paper production
• Corrugated paper supply
• Pulp and paper mill

Headquarters

HQ city

Kolhapur

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Packaging Paper Products Sales: The company generates revenue primarily from manufacturing and selling packaging paper products including coated white board paper, coated kraft paper, high-strength corrugated paper, premium kraft paper, spool core paper, grey board paper, and T paper. Products are sold to downstream packaging, printing, and manufacturing enterprises through a direct sales network. The company is a Fujian Province leading enterprise in the recycled paper industry.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Shri Mahalaxmi Associates manufactures recycled packaging paper products at industrial scale using waste paper as the primary raw material. Its portfolio covers seven product varieties (coated white board paper, coated kraft paper, high-strength corrugated paper, premium kraft paper, spool/tube core paper, grey board paper, and T paper) sold under multiple grade and brand tiers (Milan Blue Leaf, Red Leaf, Yellow Leaf, Green Leaf, Purple Leaf) to downstream packaging, printing, and manufacturing enterprises. The company also runs cogeneration (热电联产) to supply process energy and integrates waste paper procurement, pulping, papermaking, sales, and logistics through wholly-owned subsidiaries.

Product overview

Shri Mahalaxmi Associates operates as a large-scale modern paper manufacturing enterprise producing a portfolio of seven varieties and multiple grades of packaging paper. The company operates multiple production lines (PM5-PM9) and offers products under brand tiers (Blue Leaf, Red Leaf, Yellow Leaf, Green Leaf, Purple Leaf) including Coated White Board Paper, Coated Kraft Paper, High Strength Corrugated Paper, Premium Kraft Paper/Back Liner Board, Spiral Tube Base Paper, Grey Board Paper, and T Paper. Products are sold as Fujian Province Famous Brand Products. The company also provides integrated services including waste paper recycling, pulping, papermaking, sales, and logistics.

Differentiator

Problem solved

Functional benefit

Brands

• 米兰体育网页版登录界面官方网站-登录入口蓝叶 (Mahalaxmi Blue Leaf): Brand for coated white board paper, coated kraft paper, tube core raw paper, gray board paper products at A-level and above grades.
• 米兰体育网页版登录界面官方网站-登录入口红叶 (Mahalaxmi Red Leaf)
• 米兰体育网页版登录界面官方网站-登录入口黄叶 (Mahalaxmi Yellow Leaf)
• 米兰体育网页版登录界面官方网站-登录入口绿叶 (Mahalaxmi Green Leaf)
• 米兰体育网页版登录界面官方网站-登录入口紫叶 (Mahalaxmi Purple Leaf)

Products and services

• Coated White Board Paper (涂布白板纸) — Milan Blue Leaf Brand Coated white board paper for printing and packaging applications, grammage 230-450 g/m2, Grade A quality, Blue Leaf brand. Sold to packaging manufacturers and printing companies.
• Coated Kraft Paper (涂布牛卡纸) — Milan Blue Leaf Brand Coated kraft paper used for high-end packaging, grammage 200-450 g/m2, Grade A quality, Blue Leaf brand. Sold to packaging manufacturers.
• High Strength Corrugated Paper (高强瓦楞纸) — Red Leaf and Yellow Leaf Brands High-strength corrugated paper for box manufacturing, available in Red Leaf (Grade A, 70-80 g/m2) and Yellow Leaf (Grade A, 80-140 g/m2) brands. Sold to packaging box manufacturers.
• Premium Kraft Paper / Back Liner Board (高档牛卡纸/牛皮挂面箱板纸) — Multi-Brand Tiered Range Premium kraft paper/back liner board sold in multiple grade tiers: Red Leaf (AA grade), Yellow Leaf (A grade), Blue Leaf (A2 grade), Green Leaf (A3 grade), Purple Leaf (T grade), grammage 80-230 g/m2. Sold to corrugated box manufacturers and packaging enterprises.
• Spiral Tube Base Paper (纱管原纸) — Blue Leaf and Green Leaf Brands Spiral tube base paper used for paper tube/yarn cone manufacturing, available in Blue Leaf and Green Leaf brands, prime quality, grammage 360-420 g/m2. Sold to industrial tube manufacturers.
• Grey Board Paper (灰版纸) — Milan Blue Leaf Brand Grey board paper used for packaging, stationery, and book covers, Blue Leaf brand, prime quality, grammage 300-650 g/m2. Sold to packaging and printing companies.
• T Paper (T纸) T paper as part of the company's packaging paper product portfolio, sold under the Purple Leaf brand tier. For packaging manufacturers.

Quantifiable outcome

• 2,800 cubic meters/day of tailings recovered from waste paper pulping residue for reuse in paper production
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Andritz (安德里茨, Austria) / Kaiden (凯登, US)coreTechnology or Integration · 1 April 2014PM8 production line is equipped with a pulping production line from Andritz (Austria) and Kaiden (US). These suppliers provide critical pulping and stock preparation equipment for the company's manufacturing process.
• Chengdu Fafa (四川乐山成发)supportingTechnology or Integration · 1 June 2013PM7 paper machine was supplied by Chengdu Fafa (Sichuan Leshan Chengfa). This equipment enables production of spool core paper and grey board paper.
• Metso (美卓, Finland)coreTechnology or Integration · 1 October 2012PM5 and PM6 paper machines were supplied by Metso (Finland). PM6 is the world's first Opti Concept paper machine. Metso equipment enables high-speed, high-quality packaging paper production.
• Voith (福伊特, Germany)coreTechnology or Integration · 1 April 2010Voith is a key equipment supplier for the company's paper production lines. PM9 paper machine was supplied by Voith (幅宽7.3米, design speed 1,400 m/min); PM8 paper machine was also supplied by Voith. Voith equipment is central to the company's manufacturing capability.
• Fujian Province Department of Industry and Information TechnologycoreOthersThe Fujian Province Department of Industry and Information Technology designated the company as a provincial leading enterprise and included it in the first batch of green factories under the Green Manufacturing initiative.
• Zhangzhou Municipal Government (漳州市政府)coreOthersIn April 2010, the company signed a strategic investment agreement with the Zhangzhou municipal government for the Longhai production base project with a planned investment of RMB 8 billion. The government has been a key partner in supporting the company's expansion.

Scale indicators8 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• International Paper: World's largest pulp and paper company with significant containerboard production for packaging applications. Comparable in producing linerboard and corrugated medium for box manufacturers, though more globally diversified.
• Westrock: Global paper and packaging company producing containerboard and consumer packaging. Comparable in supplying recycled-content packaging paper to downstream corrugated box and folding carton manufacturers.
• Stora Enso: European renewable packaging materials company with significant containerboard and kraft paper production. Comparable in packaging paper grades and B2B industrial customer base, though uses virgin fiber predominantly.
• Mondi Group: Global packaging and paper group with significant containerboard and kraft paper production. Comparable in product portfolio (containerboard, kraft paper) and integrated mill-to-customer model, though geographically European-focused.
• Asia Pulp & Paper (APP) / Sinar Mas: Asia's largest pulp and paper group with significant operations in China producing packaging paper. Comparable in recycled and virgin fiber paper production for packaging applications, though larger and more vertically integrated into pulp.
• Smurfit Kappa: Global paper-based packaging leader with containerboard production. Comparable in supplying downstream packaging manufacturers and box makers with kraft paper and recycled containerboard grades.
• Shandong Chenming Paper Holdings: Major Chinese integrated paper producer with broad portfolio including packaging paper, printing/writing paper, and specialty grades. Comparable in scale and integrated mill model, though more diversified across paper types.
• Nine Dragons Paper: China's largest containerboard/packaging paper producer with ~18M tons of capacity across multiple provinces. Direct comparable in product mix (kraft linerboard, corrugated medium, coated board) and end markets; substantially larger scale than Mahalaxmi.

Direct peers

• Lee & Man Paper Manufacturing: Hong Kong-listed major Chinese containerboard and kraft paper producer with ~9M tons of capacity. Closely comparable in product portfolio (linerboard, corrugated medium, kraft paper) and B2B packaging customer base; also uses recycled fiber.
• Shanying International Holding: Chinese packaging paper producer specializing in containerboard using recycled fiber. Direct comparable in recycled-content positioning and product mix targeting packaging manufacturers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/shrimahalaxmiassociates
• LinkedInlinkedin.com/company/shree-mahalaxmi-associates---india

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shri Mahalaxmi Associates