Oji buys Chinese tissue mill, undergoes restructuring.Oji Paper, Tokyo, Japan, bought a Chinese tissue paper mill owned by P&G Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . Although Oil has annually exported 1000 to 1500 tons per year of tissue to China, this is the first mill owned by Oji there. The mill, with its 15,000 tons per year capacity, will produce end market Nepia brand tissue in China and P&G brand tissue. In other Oji news: The company is undergoing a restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). process. Oji Plantation Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. and Oji Lumber lumber, term for timber that has been cut into boards for use as a building material. The major steps in producing lumber involve logging (the felling and preparation of timber for shipment to sawmills), sawing the logs into boards, grading the boards according to Industry will merge by April 2003 to form e new company called Oji Lumber and Plantation. Combined sales will be Yen 73.2 billion (US$ 615.7 million). The company will employ 621. Oji will acquire the remaining 21.25% shares of Hoxy tissue Company to gain complete ownership. Oji will perform marketing functions, and Hoxy will be responsible for tissue paper production only. Oji Fiber, a new company specializing in production of paper fibers from Manila hemp Manila hemp, the most important of the cordage fibers. It is obtained chiefly from the Manila hemp plant (Musa textilis) of the family Musaceae (banana family). , has been incorporated. Production of 500 tons will be made at Ebetsu mill of Oji Paper. The fibers will have use for special fashion and sportswear fabrics. |
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