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High power prices caned as another mill mulls possible sale


Closed borders had also made viewing the mill difficult.
‘’Overseas interest in something like this is understandably high due to the nature of the assets. Covid-19 restrictions have certainly affected interested international parties who would want to see things first hand.’
While declining newsprint demand is one of Tasman’s biggest issues, the mill has joined others in the industry in speaking out about high energy costs.
Whakatāne’s general manager Juha Verajankorva has been highly critical of New Zealand power prices, saying they are ’a definite handicap’’ compared to other countries it is up against.
Grahame Cox/Stuff ....

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Whakatane Mill workers distraught as fight continues for its salvation


‘’This is despite New Zealand’s competitive advantage of having one of the world’s largest sustainable plantation forests and renewable energy.’’
At the site this week, more than 200 workers were in shock over this week s news that the 80-year old mill might close.
Raymond Wheeler, a spokesman for E tū Union, said emotions on the site were running high.
Some people were angry, others who were older were more philosophical and would walk away with a good redundancy and pension.
‘’The younger ones, some have bought houses, assets and cars, and they re starting their careers and within the area there s not a lot of opportunity to get work with their skill set, and they are highly trained and skilled.’’ ....

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