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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Oji to close Penrose paper recycling plant

Years of losses and high energy prices cited as closure comes ‘out of the blue’ for 75 staff.

Oji said its Fullcircle paper collection unit next to the Penrose plant would not be affected by the closure.

Tim Hunter Wed, 07 Aug 2024

Oji Fibre Solutions, owned by Japanese multinational Oji Holdings, has announced plans to close its paper recycling plant in Auckland, citing continuing losses.

In a statement, chief executive Jon Ryder said the mill at Penrose had suffered three years of losses and there was no prospect of an

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Tim Hunter Wed, 07 Aug 2024
Contact the Writer: thunter@nbr.co.nz
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Oji to close Penrose paper recycling plant
General Business,
105226
true