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.
Wynne recently told 160 people, at the recent Taranaki Ballance Farm Environment Awards dinner, in New Plymouth, that the entire rural community had a collective responsibility to look after the environment. Unfortunately Wynne said this right after his company had been fined $60,000 for a discharge of sulphur dioxide into the air in May last year. The Bay of Plenty Regional Council prosecuted the company for breaching the Resource Management Act. What’s that they say about practising what you preach?
