$30 Million Investment for CHHPP Penrose Facility
$30 Million Investment for CHHPP Penrose Facility
Carter Holt Harvey Pulp and
Paper today announced that $30 million is being invested to
expand and upgrade the Penrose Paper Bag manufacturing
facility.
13 February 2015
$30 Million Investment for CHHPP Penrose
Facility
Carter Holt Harvey Pulp and Paper
today announced that $30 million is being invested to expand
and upgrade the Penrose Paper Bag manufacturing facility.
This announcement follows quickly on the back of the recent advice that the pulp, paper and packaging businesses of Carter Holt Harvey Limited had been acquired by Oji Holdings Corporation (‘Oji’) and Innovation Network Corporation of Japan (‘INCJ’) to be operated as Carter Holt Harvey Pulp and Paper Limited (‘CHHPP’), and confirms the commitment of the new owners to grow the business.
The expansion project will improve both the capacity and the capability of the plant, extending its ability to meet customers’ expectations and needs.
The project will extend the existing hygiene hall, upgrade all aspects of critical hygiene, install state of the art bag-making equipment and build additional on-site warehousing and canopies.
Chief Executive, Dr Jon Ryder said “when we have finished the project in July 2016 we will have the leading dairy bag manufacturing facility in the Southern Hemisphere meeting current international food safety standards.”
Dr Ryder added, “this is good for our customers and indeed the economy as we ensure New Zealand producers meet exacting standards and help them grow their businesses in the competitive global marketplace. In particular we can continue to support the growing NZ dairy industry whilst expanding CHHPP’s own export volumes.
One key area of production for us is in our three hygiene production lines that meet total annual dairy bag capacity in excess of 100 million bags.”
“With the upgrade and expansion CHHPP will continue to set the standard in global dairy bag supply,” added Dr Ryder.
Multi-ply paper bags are used across a range of domestic and international brands and industries such as dairy, agriculture, building and minerals.
Ends.