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Refining NZ Aims to Reform Marsden Point Refinery, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 251 Words
Attachment: RNZ

In recent discussions, Refining NZ has disclosed a two-pronged strategy aimed at cutting costs to maintain viability and economic survival of its 58-year old Marsden Point Refinery in New Zealand amid a sea of strong competition coming from mega refineries in Asia and rising power and gas costs in New Zealand. The approach will also take into consideration the devastating effects of the COVID-19 pandemic, which has hammered fuel demand.

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