ZEL 0.00% $3.77 z energy limited

Ann: GENERAL: ZEL: Forecourt service and a local

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    • Release Date: 29/06/12 12:56
    • Summary: GENERAL: ZEL: Forecourt service and a local choice from Kaitaia to Bluff
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    ZEL
    29/06/2012 10:56
    GENERAL
    
    REL: 1056 HRS Z Energy Limited
    
    GENERAL: ZEL: Forecourt service and a local choice from Kaitaia to Bluff
    
    29 June 2012
    
    Forecourt service and a local choice from Kaitaia to Bluff
    One of the largest rebranding projects in recent history is now complete,
    with the local Z brand now dotting the landscape from Kaitaia to Bluff.
    Today, the last Shell service station in New Zealand becomes Z. This
    represents two local entities - the New Zealand Superannuation Fund and
    Infratil - coming together to buy the local downstream assets of one of the
    biggest brands in the world, returning it to Kiwi ownership and taking a bold
    decision to come up with a distinctly local brand, from scratch.
    "We're very grateful to our customers for giving us a chance to launch a
    brand new, local brand and for being generous with their feedback. A brand is
    an experience, rather than a logo and we're committed to continually
    improving what we're offering our customers," said Mike Bennetts, Chief
    Executive of Z Energy.
    "Today's milestone marks the end of one era and the beginning of another that
    reflects the growing sense of confidence New Zealanders have in the ability
    to be world-class and to do things our own way.
    "We've replaced one of the world's biggest brands with something distinctly
    Kiwi and we're doing business differently. To top it off, profits stay in New
    Zealand, and flow directly back to New Zealanders via the New Zealand
    Superannuation Fund."
    Mike Bennetts said Z is aware of the higher expectations placed on it as a
    local company and is determined to exceed them.
    "Z is for New Zealand, but being local isn't just about being for New
    Zealand. It's also about being for Christchurch, for Whangamata, for
    Balclutha and all the other neighbourhoods we operate in. That's why we've
    donated, or are in the process of donating, $5,000 per service station to
    local charities or community groups that matter to our customers.
    "Over the course of the Z brand rollout, we will have donated well over $1
    million to around 700 community groups," said Mike.
    Since Z announced the national rollout of the Z brand on 3 November, it has
    rebranded almost 300 service stations and truck stops across the country -
    that's approximately a site a day.
    "Keeping people safe was our primary focus during such a large, physical
    rebrand process. Considering that there were 87,360 installation hours
    worked, we're really pleased that the safety measures put in place and the
    commitment of our contractors meant there were no serious injuries."
    "We specifically made the decision to employ local contractors right across
    the country to manufacture the signage and carry out the rebrand. The
    dedication they have brought to the task has been fantastic - we didn't have
    a doubt, but we absolutely made the right decision in keeping it local.
    "Thank you to our contractors up and down the country and to every one of the
    Z team who are helping to give our customers the service and experience they
    deserve."
    The rebrand might be complete, but Z has no plans to stop listening to its
    customers.
    "Just because we have finished rebranding, doesn't mean we have stopped
    listening," said Mike.
    "We may not always get it right, but we are aiming for consistently great
    service, so we pay attention when customers suggest ways to improve."
    
    Key metrics
    o 208 retail sites and 93 truckstops
    o $35 million investment to rebrand
    o More than 3,500 people employed nationwide for brand roll out and
    refurbishment
    o Over $1 million donated to around 700 community groups
    o 20,700 individual signage items manufactured
    o 14 km of canopy fascia panels installed
    o 100,000 LED lights installed
    o 36,000 cubic metres of old signage recycled or returned to Shell
    o 87,360 onsite installation man hours
    
    Sheena Thomas
    04 462 4647
    027 551 2589
    End CA:00224437 For:ZEL    Type:GENERAL    Time:2012-06-29 10:56:50
    				
 
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