Brief: Channel Infrastructure NZ Says 2-Month Refinery Decommissioning Works Successfully Completed In May

Channel Infrastructure NZ

13/07/2022 09:55

July 13 (Reuters) - Channel Infrastructure NZ Ltd  CHI.NZ :
    * 2-MONTH REFINERY DECOMMISSIONING WORKS SUCCESSFULLY
COMPLETED IN
MAY
    * IN Q3 PROGRESSING DECOMMISSIONING WORKS, TERMINAL UPGRADE
WORKS
AND CONTINUED PRIVATE STORAGE TANK RELATED WORKS
    * TARGETING FOR AT LEAST 90% OF EMPLOYEES SECURING A JOB OR
RETRAINING WITHIN 6 MONTHS OF LEAVING
    * WORKFORCE TRANSITION PROGRAM CONTINUES WITH SIGNIFICANT
WORKFORCE CHANGES OCCURRING THROUGH Q2, FOLLOWING REFINERY
SHUTDOWN
    * CONVERSION COSTS ARE TRACKING TO PLAN WITH NZ$73 MILLION
SPENT
TO 30 JUNE 2022

Source text for Eikon:  ID: 
Further company coverage:  CHI.NZ