Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Holcim Invests in Cement Import Terminal

Holcim Invests in Cement Import Terminal

1 August 2013 – Holcim (New Zealand) Ltd will spend more than NZD 100M over the next three years constructing an import terminal and related infrastructure that will allow it to import and distribute bulk cement for supply to the New Zealand market. The terminal, which is expected to be operational in 2 – 3 years time, will be based on similar Holcim operations throughout the world.

Announcing the decision, Holcim (New Zealand) Ltd Managing Director Jeremy Smith said: “This represents a substantial commitment by Holcim to the New Zealand building materials market. It means we will be able to leverage off the vast resources available through the Holcim Ltd worldwide supply network to ensure that our New Zealand customers receive cement of a quality and specification suitable for New Zealand conditions.”

The location of Holcim New Zealand’s new import terminal is yet to be finalised and the company is investigating options at a number of New Zealand ports.

Once operational, cement imported through the new terminal will replace local production at the company’s Westport cement plant. Holcim New Zealand has signaled for some years that the Westport plant was not sustainable long term. The decision also means that the proposal for a new cement plant at Weston, near Oamaru, is on hold for the foreseeable future but Holcim will continue to maintain ownership of their land assets.

“We recognise that this decision has an impact for our staff, customers and for the Westport and Weston communities. It’s one we’ve arrived at after extensively investigating a range of cement supply options and we will be working through the implications with those who will be impacted by the move,” Jeremy Smith said. “For the current economic environment, constructing an import terminal and importing cement is simply the most appropriate decision.”

Holcim (New Zealand) Ltd is a leading New Zealand supplier of cement, aggregates and lime. Its involvement in the New Zealand building industry dates back to 1888, and today it operates more than 30 sites and employs approximately 420 people. It is part of the Holcim Group, one of the world’s leading suppliers of cement, aggregates and construction-related services represented in around 70 countries on all continents.

www.holcim.com/nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Scoop Business: NZ Net Migration Reaches New Annual Record In June

New Zealand annual net migration rose to a new record in June as arrivals continued to be bolstered by Chinese and Indian students, while fewer locals departed for Australia. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news