Production on a roll as panic buying curbs fail

Original article by Simon Evans Sue Mitchell
The Australian Financial Review – Page: 20 : 13-Mar-20

ABC Tissue general manager Sunny Ngai says production at its three toilet paper manufacturing plants has increased by 15 per cent in the past two weeks. ABC Tissue is the largest maker of toilet paper in Australia, with brands that include Quilton. However, limits on purchases of toilet paper by retailers such as Coles and Woolworths has not stopped panic buying by consumers, while Woolworths is working with supplies to focus on producing smaller packs of toilet paper, as they are take up less space on pallets and in trucks.

CORPORATES
ABC TISSUE PRODUCTS PTY LTD COLES GROUP LIMITED – ASX COL WOOLWORTHS GROUP LIMITED – ASX WOW

Pratt chases super money to fuel Visy’s $2b Australian expansion

Original article by John Stensholt
The Australian Financial Review – Page: 1 & 6 : 24-Aug-17

Visy Industry has revealed plans to expand its Australian cardboard packaging and paper recycling operations at a cost of $A2bn over the next decade. Executive chairman Anthony Pratt will seek financial support from superannuation funds to finance the massive expansion, which he forecasts will generate some 5,000 jobs. Visy will increase its investment in clean energy plants, with the aim of eventually generating about 50 per cent of its electricity it uses. Visy’s US arm Pratt Industries announced a $US2bn investment in its business earlier in 2017.

CORPORATES
VISY INDUSTRIES AUSTRALIA PTY LTD, PRATT INDUSTRIES (USA) INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AMAZON.COM INCORPORATED, AUSTRALIANSUPER PTY LTD, IFM INVESTORS PTY LTD