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23 Oct 2025 16:04
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  •   Home > News > Business

    A poor gas outlook is seen as the main suspect for further job losses in manufacturing

    A poor gas outlook is seen as the main suspect for further job losses in manufacturing


    The country's largest gas user Methanex is proposing to move from two plants to one for the foreseeable future.

    It comes after Winstone pulp confirmed plans to shut two mills to more than 200 workers - earlier this week.

    Former president and CEO of Methanex, Bruce Aitken says we lack a long term, coherent energy strategy.

    He says if you want to build power stations or wind farms, they take many years in planning and construction.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     23 Oct: Westpac's warning desperate jobseekers to stay vigilant - following a spike in employment scams
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     22 Oct: A clear message to people in the firing line of destructive winds tomorrow - stay indoors, avoid travel and secure property
     22 Oct: Kiwis could save more than a thousand dollars on solar panel installation - under changes to requirements
     Top Stories

    RUGBY RUGBY
    All Blacks Assistant Coach Jason Holland will finish up in the role when his current contract concludes at the end of the 2025 season More...


    BUSINESS BUSINESS
    The Commerce Commission's released new guidelines - to try to cut confusion in telco pricing More...



     Today's News

    Entertainment:
    Travis Kelce has become an investor in an amusement park 16:00

    Rugby:
    All Blacks Assistant Coach Jason Holland will finish up in the role when his current contract concludes at the end of the 2025 season 15:57

    Entertainment:
    Calvin Harris is making his "dreams a ¬reality" through his mega-estate in the ¬Cotswolds 15:30

    Environment:
    Severe weather is wreaking havoc across the South Island and lower North - leaving tens of thousands without power 15:27

    Golf:
    Kiwi golfer Daniel Hillier is bouncing back from a poor start at the Genesis Open in South Korea, moving into a share of 8th at two-under par after 13 holes 15:07

    International:
    Funky animal hairdos and a smoking duck among 2025 Comedy Wildlife Photo Awards finalists 15:07

    Entertainment:
    Ireland Baldwin had a "lonely childhood at times" 15:00

    Entertainment:
    Kristin Cavallari's dating life has "really picked back up" 14:30

    Cycling:
    Pro-cycling crashes can be bad, but evidence suggests slower bikes aren’t the answer 14:17

    Netball:
    Silver Ferns captain Karin Burger's hopeful home fans provide a lift with their Constellation Cup netball defence under threat 14:07


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