Oji Fibre Solutions to shut down a paper machine in New Zealand, causing 230 job losses.
Oji Fibre Solutions plans to shut down the PM6 paper machine at its Kinleith Mill in New Zealand by June 2025, leading to about 230 job losses. The company will focus on pulp production and import paper for packaging, aiming to stabilize operations and reduce losses. Oji Fibre Solutions, owned by Oji Holdings Corporation, operates mainly in New Zealand and Australia.
5 weeks ago
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