Mill to earn $14m p.a.

Press, Volume CXI, Issue 32613, 22 May 1971, Page 2

Mill to earn $14m p.a.

(H.Z. Press Association) AUCKLAND, May 21. The new pulp mill of the Tasman Pulp and ; Paper Company, Ltd, which will come into proJ duction early in 1973, will earn §l4m a year in > overseas exchange. i . ' Releasing details of ■ the ■ s4oniproject today, Tasman’s managing director (Mr A. Ire;

land) said the output had al-|: ready been sold on long-term P contracts to consumers in ‘ Australia, Taiwan, the Philip--1 pines and Japan. , Mr Ireland said that now . Tasman’s newsprint, kraft pulp mill and sawmill pro- ’ duced 210,000 tons of news--1 print, 55,000 tons of kraft pulp and 80m board feet of timber annually. The new kraft pulp mill would enable .’another 127,000t0ns of sub - phate pulp a year to be produced. The new pulp mill would be among the most modem in the world, incorporating the latest techniques and sophisticated equipment. Although certain plant was being suplied from Canada, Sweden, Britain, the United States and Australia, the new expansion would include a substantial New Zealand-made content. Every effort would be made to use chipped slabs from Rotorua sawmills to conserve wood resources as well as'

minimise the problem of dis* i posing of what was now rei garded as waste. • As well as drawing from Kaingaroa State Forest, r Tasman would get its supt plies from Rotoehu and . Whaka State forests and the . Tasman-controlled forests at t Broadlands, Rangitaiki and f Tarawera. r The nev. mill would in- . crease the annual wood con- . sumption at Tasman from . 43m cu. ft to 64m cu. ft. Facilities would be installed to I handle the increased wood ex- > traded from Kaingaroa for>est, and for the first time . loading at Murupara would i continue 24 hours a day. • Literary prizes. Three ’ awards for unpublished short ■ stories will be made this year. ■ They are the Katherine Mans5 field Memorial Award worth $2OO, and two > Bank of New Zealand i young writers’ awards worth • $lOO and $5O respectively.— 3 (P.A.)