Oji Holdings Corporation (hereinafter “Oji Holdings”) hereby announces that in its considerations of constructing the optimum manufacturing system which responds to changes in demand structure of printing and communications paper, which were referred to in the press release entitled Announcement Regarding the Formation of the Business Alliance with Chuetsu Pulp & Paper Co., Ltd. and the Executive of Subscription for the Third-party Stock Allocation, it has now decided to permanently close the No. 7 Machine at the Tomioka Mill of Oji Paper Co., Ltd.
Overview of facility to be shut down
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No. 7 Machine |
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Major products |
Converting paper and wood-free paper |
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Production capacity |
44,000 tons/year |
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Time of closure (scheduled) |
March 2016 |
In implementing the closure, Oji Holdings will make the utmost efforts to avoid inconveniencing customers and all concerned parties.
