New Zealand: Z Energy welcomes Government’s biofuels policy
A governmental visit to Z Energy’s biodiesel plant will boost the commitment to the biofuel.
Z Energy has welcomed the decision by New Zealand’s Government that a biofuels mandate is to be implemented to help the country make a start on the carbon reduction in transport.
Accompanying Prime Minister Jacinda Ardern, Transport Minister Michael Wood and Climate Change Minister James Shaw at the Z Energy biodiesel plant in Wiri, South Auckland, Z Energy CEO Mike Bennetts said that climate change action requires policy certainty and industry investment, and that Z is committed to playing its part to transition New Zealand off fossil fuels.
“The policy certainty created by today’s announcement gives us confidence to review our investment in a safe and reliable biodiesel supply chain. We believe that our local production capability is a good news story for New Zealand and an example of the potential of the New Zealand circular economy,” said Bennetts.
Z has been producing Z Bio D at its Wiri plant, Te Kora Hou out of inedible tallow, a local waste agriculture product, as well as importing a biodiesel from Australia to supplement its stocks while the plant has paused production. Z currently supplies a number of key commercial customers directly and has a biodiesel-only truck stop at Highbrook, East Tamaki.
“New Zealand has a lot of diesel trucks and utes and many of our customers who drive them have been seeking lower-carbon options. Z Bio D meets this need, as it complies with New Zealand’s strict diesel as well as biodiesel specifications, meaning customers can use it with confidence right now,” said David Binniem, Z General Manager Supply.
Z Bio D is currently ‘B5’ blend, meaning it is 5% biodiesel to 95% regular diesel.
