Norske Skog announces a strategic review process to reposition the Tasman newsprint mill in New Zealand - Global Paper Money

Click here for Pulp & Paper Radio International

The Paperitalo Library

The Paperitalo Library

White Papers/Downloads

PM 40 Companies

Cellulose Community

Paperitalo Resources

Paperitalo Supplier Directory

onlyPulpandPaperJobs.com

The Paperitalo Library

Inside PaperMoney

Paperitalo/Media Kit

Nip Impressions

Departments

Disconnected Comparisons

Insider Trading

Current News

Culture & Marketing

Corporate Finance

Labor & Union Actions

Major Expenditures

Market News of Note

Mergers & Acquisitions

Major Announcements

Operations Announcements

Facility Closures/Reductions

In Closing

Reference Library

AM Best Insurance News

Delaware Chancery Court

Fiduciary Developments

ICC News and Proceedings

Key Interest Rates

WTO News and Proceedings

Member Options

About Paper Money

Norske Skog announces a strategic review process to reposition the Tasman newsprint mill in New Zealand

NEW ZEALAND (News release) -- Norske Skog has announced to employees and stakeholders in New Zealand that due to the likely irreversible and rapid negative impact that COVID-19 has had on the newsprint industry in the region, the group has engaged in a broad process to identify alternative production options to reposition the Tasman newsprint mill at Kawerau industrial site in New Zealand.

Norske Skog will perform a strategic review process for the Tasman newsprint mill, which is located at the Kawerau industrial site close to the east coast of the North Island. The mill has a total annual production capacity of 150,000 tonnes. Several options for the long term future of this industrial site are being considered. Once a preferred option is identified, a proposal will be put forward for consultation with employees at the mill. One option, which is currently being developed, is to establish a BCTMP (bleached chemical thermo-mechanical pulp) facility at the mill site. KPMG has been engaged to assist Norske Skog with the review process.

The Paperitalo Supplier Directory is where to easily find qualified suppliers

Related Articles:

Metsä Board's change negotiations on possible temporary layoffs at its Finnish mills have been concluded

Operations of Metsä Group's Suolahti plywood mill to close down in stages

Irving Paper Again Reduces Operations Temporarily

Tolko temporary closing several B.C. mills this December

Wisconsin Rapids begins process of tearing down its paper mill

UPM Fibres' change negotiations in Finland concluded

UPM Raflatac will close its Kaltenkirchen factory in Germany to improve competitiveness

Oji Kinleith Mill to halt paper production next year, with 230 jobs on the line

International Paper facility will close, cut 115 jobs in Cleveland, Tennessee

International Paper closing Statesville, N.C. facility, 74 to lose jobs

Login and voice your opinion!

Our Sponsors

Copyright © and Trademark PaperMoney ® 2006-2024 All Rights Reserved

A Paperitalo Publication/The Home of your Prospects (TM)

Copyright Statement | Privacy Statement | Terms of Service

Powered by Bondware

News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: