Former Solid Energy JV partner, GTL, seeks to sell briquette plant

Tue, 03 Mar 2015

By Jonathan Underhill March 3 (BusinessDesk) - GTL Energy (New Zealand), Solid Energy's former partner in an experimental briquette-making plant in Southland, narrowed its loss in 2014 in a year when it garnered no revenue and began preparing for the sale of the Mataura briquette plant, its biggest asset. The local unit of South Australia-based GTL Energy reviewed options for the plant in the second half of calendar 2014 and began "a programme of disposal to test the market" in January this year. Its loss narrowed to $699,809 in the 12 mo...

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