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Jeremy Hutton: Milford Asset Management Equities Analyst on the biorefinery to be built at Marsden Point

Jeremy Hutton: Milford Asset Management Equities Analyst on the biorefinery to be built at Marsden Point

Heather du Plessis-Allan Drive · Newstalk ZB

October 2, 20243m 41s

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Show Notes

A proposal to re-develop Marsden Point's decommissioned refinery is being considered.

Channel Infrastructure NZ recently entered a conditional agreement with Seadra Energy to create a bio-refinery at the Northland site. 

Seadra would purchase it for about $53-million and use some existing, decommissioned assets like tankage and jetties.

Milford Asset Management's Jeremy Hutton unpacks what this could look like.

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Topics

businessenergybiorefineryMarsden Point