Ballance Kapuni plant hit by gas supply issues
Fertiliser co-operative Ballance has written down $88 million - the full value of its Kapuni urea plant in Taranaki - from its balance sheet in the face of a looming gas shortage.
North Waikato sheep and beef farmer John Jackson has thown his hat in the ring for a seat on the board of fertiliser co-op Ballance.
Jackson describes himself as a good listener, communicator, independent thinker and team player.
He believes that he can bring all of these attributes and day-to-day farming experience to the fertiliser company’s board table.
“I have a history of working collaboratively to achieve positive outcomes. I am a good listener and critical thinker. I can capably represent farmer shareholders’ interests.”
Jackson says the co-op is in good financial shape and credits this to its current and former shareholders, administrators and all those associated with the company.
“It has moved with the times – not just in the quality and formulation of product – but with the technology around application,” he adds.
“However, the challenges keep coming. It is of utmost importance that we continue with appropriate messaging of the ‘science-based’ approach – backed up with certified quality and accuracy of placement to ensure our place in the world.”
Jackson says his links to both farming and Ballance are not tenuous.
“Our shareholding in Ballance has grown as our business has grown. I live the droughts and the good seasons, the industry setbacks and its successes,” he explains.
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