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Oji Holdings to reduce graphic paper capacity

24 May 2019 − 

Japan's Oji Holdings has announced plans to shut down of 400,000 tpy of graphic paper capacity. These measures will result in cost reductions of ¥3.7bn per year (mainly fixed costs), and capital expenditures of ¥15bn, the company estimates.

The measures announced include the shut-down of one PM at Tomioka mill, of two PMs at Ebetsu mill and the rebuilding of the newsprint machine at Tomakomai mill. This machine will in future produce containerboard and kraft paper.

Find the full article in EUWID Pulp and Paper issue no 22/2019.

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