Mar. 18, 2016

Oji Holdings Corporation (hereinafter 'Oji Holdings') hereby announces that it has decided to close the No. 4 Machine at Oji Paper Co., Ltd.'s Kasugai Mill. Throughout our history, we have rebuilt our manufacturing system several times to optimally meet the changes in demand for printing and communications paper. However, we foresee demand continuing to decrease so we have decided to make this closure in order to further reduce costs and strengthen our international competitiveness.

Overview

  1. No. 4 Machine
    Kasugai Mill, Oji Paper Co., Ltd.

    Major products

    Woodfree printing paper, wood containing paper, middle grade and wrapping paper

    Production capacity

    44,000 tons/year

    Time of closure (scheduled)

    March 2017

Oji Holdings will make the utmost efforts to avoid inconveniencing our customers and all concerned parties with this closure.

Contact
Takeki Suzuki
General Manager, Administration Dept., Oji Paper Co., Ltd. Phone: +81-3-3563-7264

Yoshihisa Okada

General Manager, General Affairs Dept., Oji Paper Co., Ltd. Phone: +81-3-3563-7295

Oji Holdings Corporation issued this content on 18 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 March 2016 06:49:12 UTC

Original Document: http://www.ojiholdings.co.jp/english/news/2016/160318.html