The ongoing decline of NZ's industrial base shown in energy statistics

The ongoing decline of NZ's industrial base shown in energy statistics
Winston's closure of its mills in the central North Island are part of an ongoing decline. (Image: NZME)
Ian Llewellyn
Oji’s closure of its Penrose mill is the latest public sign of the decline of New Zealand’s industrial sector, which energy statistics show is diminishing in importance in the economy.The Oji decision comes a week after Winstone Pulp International announced it was closing its Ruapehu pulp and sawmill. More than 200 jobs are being lost in the central North Island and about 75 more in Penrose.All have pointed to high energy prices and other factors, such as international market conditions and competing with more efficient plants in ot...

More Energy

TAG Oil sells more NZ assets
Energy

TAG Oil sells more NZ assets

TAG stopped operating in NZ in 2019.

John Anthony 24 Apr 2025
Energy uncertainty and costs banding businesses together
Energy

Energy uncertainty and costs banding businesses together

There is new interest in power purchase agreements.

Ian Llewellyn 24 Apr 2025
Transpower cautious over hydro lake level rule changes
Markets

Transpower cautious over hydro lake level rule changes

Transpower can authorise hydro lakes to dip further.

Ian Llewellyn 23 Apr 2025
Lodestone Energy raises another $50 million
News in Brief

Lodestone Energy raises another $50 million

Unlisted Lodestone Energy says it has raised another $50 million from existing shareholders and new investors to fund more solar farms.This would add to the $50 million development fund it raised in 2024, the company said.“These funds will enable Lodestone to maintain their momen...

Staff reporters 23 Apr 2025