Refining NZ has “a lot” of scope to improve the competitiveness of its Marsden Point facility and doesn’t need to rush the strategic review it has kicked off, chief executive Naomi James said.The country’s sole oil refinery is not unique among New Zealand and Australian manufactu...
Silver Fern Farms posted a net profit of $70.7 million for the year to December 2019, up from $5.8 million the year before on the back of higher red meat exports into China.The company, jointly owned by China’s Shanghai Maling Aquarius Limited and farmer-owned Silver Fern Farms C...
The kiwifruit season has started strongly and exports are progressing well as the New Zealand industry implements the necessary protocols to operate under the current lockdown conditions, kiwifruit marketer Zespri chairman Bruce Cameron said in an update.“The kiwifruit industry h...
Refining NZ is considering breaking up its operations or moving to a fuel import model as part of a strategic review to ensure the long-term viability of the business.The firm, which operates the Marsden Point oil refinery, said significant new capacity coming online in Asia had...