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