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.
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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