Australian Newsprint Mills Explained

Industry:Manufacturing
Foundation:1938
Locations:2
Products:Newsprint

Australian Newsprint Mills (ANM) was an Australian newsprint manufacturer.

History

Australian Newsprint Mills was established in 1938 to build a newsprint manufacturing plant adjacent to the River Derwent at Boyer, Tasmania.[1] Its founding chairman was Keith Murdoch.[2] The plant opened in February 1941.[3] [4]

In August 1972, John Fairfax purchased News Limited's shareholding.[5] By 1978, the major shareholders were the Herald & Weekly Times with 46% and John Fairfax with 35%.[6] In August 1981 a second plant opened in Albury, New South Wales.[7]

In March 1988 Fletcher Challenge purchased John Fairfax's 50% shareholding.[8] [9] The company was sold to Norske Skog in April 2000.[10] [11]

Notes and References

  1. https://trove.nla.gov.au/newspaper/article/131269006 Newsprint - Derwent Valley Mills
  2. https://trove.nla.gov.au/newspaper/article/46284182 Australian Newsprint - The Tasmanian Mills
  3. https://trove.nla.gov.au/newspaper/article/244510638 Newsprint Industry is Born
  4. https://trove.nla.gov.au/newspaper/article/68495400 Newsprint Industry in Operation
  5. https://trove.nla.gov.au/newspaper/article/102000668 Fairfax buys 1.2m shares in ANM
  6. https://trove.nla.gov.au/newspaper/article/131861631 Project Worth $155m ANM Ltd to proceed with Albury newsprint mill
  7. https://trove.nla.gov.au/newspaper/article/127069164 Wran opens $190m plant at Albury
  8. https://trove.nla.gov.au/newspaper/article/101982879 TPC to investigate Fairfax assets sale
  9. https://trove.nla.gov.au/newspaper/article/101989114 Fletcher given green light to buy ANM stake
  10. https://www.recyclingtoday.com/article/norske-to-acquire-fletcher-challenge-s-paper-group/ Norske to Acquire Fletcher Challenge's Paper Group
  11. https://www.wsj.com/articles/SB954795145551260636 Norske Skog Will Buy Paper Division Of Fletcher Challenge for $2.5 Billion