Refining
Chevron is a 12.7 percent shareholder in the New Zealand Refining Company Ltd., which operates the New Zealand Refinery, near Whangarei on New Zealand's North Island.
The refinery's construction in 1964 was a milestone for New Zealand because it reduced the nation's reliance on imported refined fuel to meet its energy needs. Chevron's allocation of refinery production is based on our market share in New Zealand. We receive 22 percent of the refinery's total production of 135,000 barrels per day.
The refinery operates a pipeline to the Wiri Oil Services Ltd. terminal in Auckland, New Zealand's largest city. Chevron holds a 16.7 percent share in Wiri Oil Services Ltd.
Shipping
The company is a 25 percent shareholder in Coastal Oil Logistics Limited, which operates marine vessels that transport refined fuels to the country's terminals. Chevron owns five coastal terminals and has joint-venture or hosting arrangements with another five.
Marketing and Retail
Throughout New Zealand, consumers are familiar with Chevron's Caltex™ brand, which first entered the local market in 1936.
Under the Caltex brand, 162 service stations serve motorists. Chevron also operates an extensive network of 80 unstaffed Caltex diesel fuel filling stations, which serve the trucking industry.
Chevron's worldwide Delo® and Havoline® lubricant brands have helped the company establish a leading position in the nation's lubricants business.
Caltex with Techron® gasoline has been sold in New Zealand since 2006. In 2010, Caltex Diesel with Techron D® fuel was introduced. Techron is a highly effective additive that works like a detergent to remove and prevent fuel deposits in engines.
Updated: March 2011