Carter Holt Harvey toasts name change in NZ

Carter Holt Harvey Pulp, Paper and Packaging’s name change was marked at a celebratory event hosted by the Consul General of Japan in Auckland last week.

The business is now known as Oji Fibre Solutions following its sale to a joint venture between Oji Holdings and Innovation Network Corporation of Japan (INCJ).

CEO Dr Jon Ryder said the name change held great significance for the company.

“The Carter Holt Harvey name is iconic in New Zealand, with a history dating back more than 100 years,” he said.

“It's been a significant employer and often the largest in regions and towns around New Zealand and Australia.

“Our change of name marks the beginning of a new era, especially for the pulp, paper and packaging sector in Australia and New Zealand.”

The new owners bring opportunities for growth of the business, evidenced by the recent announcement of the expansion and upgrade of the Penrose paper bag facility.

Oji Holdings, the major shareholder, has been investing in Pan Pac operations in Napier since 1971.

Oji Fibre Solutions vice president Mikito Terauchi said the name change marked a major milestone in the integration of the business and formal recognition as a member of the Oji Group.

Oji Fibre Solutions is a softwood fibre-based forest products business producing a range of kraft pulps, container board and packaging products for dairy and horticulture industries.

The group includes three pulp and paper facilities, packaging operations in New Zealand and Australia, the Fullcircle waste paper collection business and the Lodestar logistics operation.