WOODPULP
A New Industry Mr H. A. Horrocks, Attorney to a group of Australian Capitalists interested in establishing the woodpulp in 7 dustry in New Zealand, recently toured New Zealand and furnished some interesting details in connection with the project. Mr Horrocks said that the project had in view the establishment of a woodpulping mill in the Bay of Plenty district, which it was hoped when in full operation would provide employment for from 1000 to 1500 people. The proposed mill would have an output of 100,000 tons of high grade chemical pulp, which would be all exported, chiefly to England and America. Taking the average value of woodpulp at the present day price of £ls per ton, this would mean an addition of £1,500,000 annually to our exports. This might sound big figures, but the project was a big.one and appealed to the business vision. The raw material was to be secured in the Bay of Plenty through the establishment of 40,000 acres with quick growing exotics. This in itself would provide a first field of employment. The cutting programme is based on a 16 year cycle and by replanting each cut over area a perpetual supply of raw material would be supplied. It is anticipated the Company will have its material ready and the plant in full working order in eight years time
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Bibliographic details
Timaru Herald, Volume CXXV, Issue 18608, 2 July 1930, Page 2
Word Count
225WOODPULP Timaru Herald, Volume CXXV, Issue 18608, 2 July 1930, Page 2
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