$365 million project a success for Northland and New Zealand

$365 million project a success for Northland and New Zealand

Auckland, 10 March 2016 – Refining NZ unveiled the $365 million Te Mahi Hou project at a special ceremony attended by Prime Minister John Key at Marsden Point today, and praised the strength of Northland and New Zealand manufacturing that had made its success possible.

Four years in the making, the new plant will lift production, cut CO2 emissions and increase the security of supply to New Zealanders who currently rely heavily on the refinery for much of their energy needs, Sjoerd Post, Chief Executive Officer of Refining NZ said.

“We believe Te Mahi Hou is not only a major step for Refining NZ, but also for New Zealand and Northland.

“Globally, projects on this scale typically import specialist contractors, but this has been completed successfully drawing on the substantial Northland and New Zealand expertise available to the refinery at home.”

The new CCR (Continuous Catalyst Regeneration) plant will bring benefits for the business and the environment.

“Te Mahi Hou is a “sweet spot” for the refinery where we can be more profitable, while using less energy and reducing our CO2 footprint. We will continue to explore such beneficial growth opportunities for our refinery.

“Te Mahi Hou was a major commitment that we entered into four years ago. We are delighted to see it brought to such a successful outcome. It will continue to contribute to the Northland and national economies, and we are grateful for the huge input of energy and skill we have had from the Northland engineering community in making it possible,” Mr Post said.

The refinery employs 500 people and produces about 50% of the petrol New Zealand motorists use, 80% of the country’s diesel and 100% of its jet fuel and shipping oils.

ENDS

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