NZ Refining suffers $8 million hydrocracker problem

Thu, 24 Mar 2016

By Sophie Boot March 24 (BusinessDesk) - New Zealand Refining will shave between $7-and-$8 million off processing fee revenue due to problems at its hydrocracker unit. "We have experienced operational issues with the hydrocracker unit resulting in the identification of a modest amount of emergent repair," NZ Refining said in a statement. "The repairs will be undertaken concurrently with the upcoming shutdown." Earlier this month, NZ Refining said a planned shutdown of the hydrocracker and related units to replace some of the catalyst a...

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