Another blow for regional New Zealand and the manufacturing industry is being seen as potentially devastating.

Methanex is proposing cutting staff and moving from two plants to one.

Earlier this week Winstone pulp confirmed plans to shut, putting more than 200 jobs on the chopping block after soaring energy prices.

Energy Resources Aotearoa's John Carnegie told Ryan Bridge the system is going from crisis to crisis - something he believes is predictable following the oil and gas ban.

He says it leaves a hole in the confidence of investors.

LISTEN ABOVE

Another blow for regional New Zealand and the manufacturing industry is being seen as potentially devastating. 
Methanex is proposing cutting staff and moving from two plants to one. 
Earlier this week Winstone pulp confirmed plans to shut, putting more than 200 jobs on the chopping block after soaring energy prices. 
Energy Resources Aotearoa's John Carnegie told Ryan Bridge the system is going from crisis to crisis - something he believes is predictable following the oil and gas ban. 
He says it leaves a hole in the confidence of investors. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

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