Australia’s last white paper manufacturing plant will close over a shortage of timber supplies, leading to job losses.
Opal Australia will withdraw from producing graphic paper at its mill in Maryvale in Victoria’s Latrobe Valley, citing the sudden and unexpected suspension of wood supplies stemming from an ongoing court battle.
“The company and Opal have been considering alternative wood supplies in order to continue graphic paper operations,” Opal’s Japanese parent company Nippon said in a withdrawal notice.
“But has concluded that alternative procurement is not feasible and has decided to discontinue the graphic paper business at the MV Mill (permanent suspension of some manufacturing assets).”…