Paper milling company Oji considers closing recycling mill in Auckland
Rising energy costs were a contributing factor to three years of losses at the Penrose mill, the company said.
Photo: AFP
The country's largest paper and pulp company is considering closing its paper recycling mill in Auckland because power prices are too high.
In a statement, Oji Fibre Solutions says its Penrose mill has suffered three years of losses caused by a number of issues including rising energy costs.
Chief executive Dr Jon Ryder said the company has looked at improving technology to save money but it hadn't worked.
The company could manage its supply of recycled paper for box making and wastepaper collection with other assets, he said.
But closing the Penrose mill would reduce capacity to produce recycled paper and increase wastepaper sent offshore.
Oji would begin consultati...










