Maintenance to cut Pohokura gas supplies
OMV has warned of reduced supplies from the Pohokura gas field during the next four weeks as it works to understand the recent slide in output and prepares new compression equipment for the facility.The work will take place over 17 days, starting on Aug. 18 and ending Sept. 9 and...
LafargeHolcim executive to run Fletcher’s concrete division
Fletcher Building has hired LafargeHolcim executive Nick Traber to run its concrete division in 2021, displacing incumbent division chief Ian Jones, who moves across to a newly created role focused on strategic growth. Chief executive Ross Taylor said Traber would bring global...
PMI bounces; new virus outbreak casts shadow
The latest BNZ-BusinessNZ Performance of Manufacturing Index hit 58.8 in July, up from June’s already positive 56.2 and the highest reading since April 2018.Given extreme weakness in April and May “the July results very much look like recovery from a very large hit earlier in the...
New assistant governor to join RBNZ
Juliet Tainui-Hernandez has been appointed assistant governor and general manager of transformation and people, completing the Reserve Bank’s seven-person senior leadership team.Tainui-Hernandez is of Ngai Tahu and Whakatohea descent and has worked with local iwi and a large NZ l...
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