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Jaswant Rai Business Group confirms buying collapsed Panpaper mills

30th April, 2016

The Jaswant Rai Business Group a family owned business has confirmed being behind the buying of collapsed Panpaper mills to the tune of 900 million shillings. Plans are underway to make a six billion investment at the plant paving way for the revamp of the factory that closed operations back in 2009 in Webuye Bungoma County. The pan paper factory is set to resume production in 4 months targeting 25 thousand tons of paper per annum in the first line under the new investor