NZTA's move into bitumen supply causes unease

Bitumen is essential for NZ's roads but no one is sure where it will come from after 2023 (Image: Deposit Photos)

Tue, 12 Apr 2022

There is a sense of unease in the roading construction sector as the New Zealand Transport Agency appears to be moving towards taking control of the procurement of a crucial material – bitumen.Z Energy is currently the main supplier of bitumen in the country but has told its customers the company is pulling out of the market.It says the reason for this is that Waka Kotahi NZ Transport Agency (NZTA) has made it clear the government agency is going to take over procurement leaving it with the prospect of slim or no margins in what is a diff...

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