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

 

Two Cement Supply Options Chosen

Media release: Thursday 6 December 2007

Two Cement Supply Options Chosen

Holcim New Zealand has chosen its two priority options to address growing New Zealand demand for cement, after several years of investigations covering a number of possible sites for local production, investigation of importing, and a combination of both.

The decision on which two options will go forward to parent company, Holcim Limited, which makes the final decision, comes after the company carried out comprehensive investigations into three cement supply options. Feedback sought from staff during October/November has confirmed the findings from these investigations.

One of the two options, a new cement plant at Weston near Oamaru, is seen as a long-term option with an expected life of at least 50 years. The second option, offering lower capital cost but higher operational costs, is to continue the current Westport plant with an appropriate maintenance and capital works programme, in combination with imports on a bulk basis. This is seen as a medium term option of 20 ­ 30 years.

"While we have identified our two priority options for future cement supply, we are not yet at the stage of putting these forward to our parent company for a final decision," said Capital Projects Manager, Ken Cowie.

"Holcim Limited requires a comprehensive feasibility report for any significant capital investment decision. Our project team is currently working on completing this, using information gathered from investigations carried out on the Oamaru new plant option and the Westport options over the last few years.

Final results of consent applications for the Oamaru new plant option will also need clarification before the two options are put forward.

"We currently have an interim decision from the commissioners, saying they are minded to grant all the consents we sought subject to finalisation of a range of conditions specified by them," Ken Cowie said. "Holcim and other submitters have until 19 December to provide a response to the commissioners on the conditions they have specified, which include conditions relating to hours of operation, noise, air quality, and traffic management."

Once the commissioners' decision is final, all submitters will have the opportunity to appeal that decision.

"Consent conditions will need to be workable for a cement plant at Weston to be a viable option for us."

Holcim New Zealand will put forward the two options with the Oamaru new plant option identified as its first preference, and Holcim Limited is likely to take a range of other factors into account in making its decision. These could include considering how New Zealand options compare with other international investment opportunities, timing factors and availability of capital, confidence in the economy, and New Zealand government policy.

A decision by parent company Holcim Limited on which, if any of the cement supply options will be pursued is not expected before late 2008.

* * * * * * * Holcim (New Zealand) Ltd is a leading New Zealand supplier of cement, aggregates, ready mixed concrete and lime. Its involvement in the New Zealand building industry dates back to 1888, and today it operates more than 35 sites and employs approximately 530 people. It is part of the Holcim Group, one of the world's leading suppliers of cement, aggregates and construction-related services represented in over 70 countries on all continents. * * * * *

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>

ALSO:

NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>

ALSO:

Economy: Double-Dip Recession Next Year, But Housing Rolls On

New Zealand's economy is expected to slip back into recession early next year as delayed job losses, falling consumer spending, and the absence of international tourists bites into growth. More>>

ALSO:

Microsoft New Zealand: Microsoft Expands “Highway To A Hundred Unicorns” Initiative To Support Startups In Asia Pacific

New Zealand, 14 October 2020 – Today Microsoft for Startups launches the Highway to a Hundred Unicorns initiative in Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where 56 startups were ... More>>

Fonterra: Farmers Taking Another Step Towards New Zealand’s Low Emissions Food Production

They’re hot off the press and intended to help take the heat out of climate change. Fonterra farmers are already among the world’s most sustainable producers of milk and now have an additional tool in their sustainability toolbox. Over the last few ... More>>

ALSO:



Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>

University of Canterbury: Proglacial Lakes Are Accelerating Glacier Ice Loss

Lake Tasman, New Zealand | 2016 | Photo: Dr Jenna Sutherland Meltwater lakes that form at glacier margins cause ice to recede much further and faster compared to glaciers that terminate on land, according to a new study. But the effects of these glacial ... More>>

ALSO:

Dairy: Fonterra Sells China Farms

Fonterra has agreed to sell its China farms for a total of $555 million (RMB 2.5 billion*1), after successfully developing the farms alongside local partners. Inner Mongolia Natural Dairy Co., Ltd, a subsidiary of China Youran Dairy Group Limited ... More>>

ALSO: