ICI New Zealand Ltd v Agnew - [1998] 2 NZLR 129

Contract — Sale of goods — Romalpa clause — Appellant supplied plastic pellets to respondent who manufactured plastic containers — Supply contract contained reservation of title clause — Whether appellant retained title in manufactured goods — Whether clause properly construed as creating a floating charge — Containers were manufactured using pellets only — Process was reversible — Whether pellets had lost their original identity — Sale of Goods Act 1908, ss 19, 20 and 21.