Buller District Council

Media Release- Council Withdraws from Holcim Negotiations

11th June, 2018

The Buller District Council (BDC) has resolved to withdraw from negotiations to secure an option to purchase all of Holcim’s assets in the Buller district. The proposal formed one of the key aspects of Council’s Long-Term Plan.

Buller District Council and Holcim have been negotiating for more than one year and Mayor Garry Howard said, “It has been a tough decision to arrive at, especially after so much hard work by both parties, however over the course of the project, we feel there has been an incremental yet significant shift in risk and value proposition to Council and Buller ratepayers. We no longer feel we can justify or pursue the option with the confidence and certainty we held at the outset, and we feel continuing from the point we have reached may not be in the community’s best interests”.

The Holcim properties include assets at Westport, Cape Foulwind and Tauranga Bay. They include a water supply and treatment plant, a quarry, residential land, pastoral land, waterfront silos, packing plant, and the key land holding of the former cement manufacturing plant at Cape Foulwind. Holcim recently ceased their cement-manufacturing operations in Westport after 58 years of operation.

 

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