Oji’s Paper Mill on Chopping Block as NZ Faces Surging Power Prices

One of New Zealand’s largest paper mills will stop processing paper, with the Oji Fibre Solutions-controlled Kinleith Mill focusing on pulp instead of its loss-making paper production from June 2025. That is according to Oji Fibre Solutions CEO, Jon Ryder, who, in a statement on Friday, revealed that the mill will now fully transition to a “paper import model” amid skyrocketing power prices—up more than 600% over the past two years, the cost of logs and aging equipment.