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

  • Oct 3 2024
  • Length: 4 mins
  • Podcast

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

  • Summary

  • 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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