×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Investor to use Sh6b to revive collapsed Pan Paper Mills

Jaswant Rai

After seven years of closure, machines at the Webuye-based Pan Paper Mills have roared back to life.

The firm’s revival is being undertaken by Tarlochan Ltd, an Indian-owned subsidiary of the Rai Group of Companies, which plans to pump in Sh6 billion. The company bought the miller at Sh900 million from the receiver manager and lenders.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902