NZ Refining cautiously optimistic about 2017

Wed, 03 May 2017

By Rebecca Howard May 3 (BusinessDesk) - New Zealand Refining told shareholders there is continued support for increased refining margins and the company is cautiously upbeat about 2017. Chief executive Sjoerd Post told the annual meeting in Auckland today the company is "cautiously optimistic about refinery margins in Asia Pacific and NZ demand," according to speech notes posted to the NZX. Post said New Zealand and Auckland "are booming" and pointed to record new car sales and said refinery Auckland pipeline volumes were up 8.5 perce...

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