Ixom formally withdraws merger application for Oji’s Tasman chemical plant
Published15 Feb 2019
Ixom Operations Pty Limited (Ixom) has today formally withdrawn its application to acquire chemical manufacturing assets in Kawerau (the Tasman chemical plant) from Oji Fibre Solutions (NZ) Limited(Oji).
The Commission received Ixom's application in December 2018 and was originally scheduled to make a decision by 12 March 2019.
Background
Ixom is headquartered in Australia but has chemical manufacturing, supply and distribution operations in several countries around the world. In New Zealand, Ixom supplies chemicals including sodium hypochlorite, hydrochloric acid and caustic soda. Ixom operates a sodium hypochlorite plant in Christchurch. It was seeking clearance to acquire the Tasman chemical plant from Oji.