OjiFS Sets Up Yatala Base

A LEADING Australasian pulp, paper and cardboard packaging manufacturer has expanded its operations into Queensland with the purchase of a soon-to-be-completed facility at Yatala.

Oji Fibre Solutions (OjiFS) will move into the two-level state-of-the-art 24,126sq m warehouse, plant and office building at Frasers Property Australia’s Yatala Central estate in September.

Frasers general manager of new business Troy Whalan said Yatala Central continues to attract major manufacturing and logistics companies.

“OjiFS will join Beaulieu Australia, O-I Glass, CUB and Caterpillar in the Yatala enterprise area,” he said.

“Over the past few months, more than 80 per cent of inquiries to move into the Yatala Central estate have come from local and global manufacturing companies.”

Agents from Colliers International negotiated the sale of the building, which is under construction on Lot 21 at 146 Pearson Rd.

Late last year Queensland Premier Annastacia Palaszczuk announced that OjiFS would be outlaying a total of $72 million to establish a manufacturing plant at Yatala.

However, industry sources this week said the company will pay between $1200/sq m and $1300/sq m, or about $30 million, for the building while the rest of the spend will be for set-up of the facility and other costs.

The company’s majority shareholder is Japan-based Oji Holdings, one of the largest corporations operating in the global forest, paper and packaging sector.

Nick Molloy, OjiFS general manager in Australia, said the new facility will expand the company’s packaging business.

“The market has encouraged us to expand our manufacturing footprint and we look forward to offering customers more choice,” he said.

The Yatala Central plant will produce a range of woodfibre-based products for the horticulture, dairy, meat, beverage , seafood, reseller and industrial sectors in New Zealand and Australia.

Products will be manufactured principally with cardboard made from sustainable wood-fibre grown in New Zealand.

Frasers Property has developed more than 17ha in Yatala Central and has recently completed some of the civil construction work for the remaining 22ha, where sites will be released to the market midyear.
Source: Gold Coast Bulletin 5 April 2017

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