Fertiliser and explosives group Incitec Pivot is facing a reduction in fertiliser output from its Phosphate Hill plant in Queensland even as it moves to complete the sale of its Waggaman plant in the United States. In a FY23 update the company told investors that the supply of sulphuric acid to Phosphate Hill from its…
Explosives and fertiliser group Incitec Pivot has sold its trouble-plagued Waggaman, Louisiana ammonia plant, securing a long term US supply of ammonia in the process. The company has been forced to close the plant on numerous occasions due to equipment failures and hurricane damage – though it did not mention its demonstrable unreliability as an…
Fertiliser and explosives group Incitec Pivot is weighing up the sale of its Waggaman, Louisana ammonia plant which has experienced a litany of breakdowns and outages caused by bad weather. The Melbourne company told investors it had received a number of unsolicited approaches for the potential acquisition of the $850 million plant which it took…
Fertiliser and explosives business Incitec Pivot has soared on the upswing in rural and mining commodities in the wake of Russia’s invasion of Ukraine. The Melbourne company reported a record first half performance lead by its focus on fertiliser and explosives and an increase in explosives technology sales. It told investors net profit after tax…
By Peter Roberts How many breakdowns does a company have to suffer before the question is asked – what is going on in its United States manufacturing plants? This comes to mind with the news that fertiliser and explosives manufacturer Incitec Pivot has suffered yet another breakdown at its troubled Waggaman, Louisiana ammonia plant. This,…
By Peter Roberts Fortescue Future Industries and fertiliser manufacturer Incitec Pivot have struck gold at the Gibson Island, Brisbane urea plant in their efforts to convert the facility from natural gas to green hydrogen feedstock. The plant, which is to close in December because Incitec Pivot has been unable to secure a supply of gas,…
Fertiliser and explosives manufacturer Incitec Pivot has bounced back in the second half with operating profit for FY 21 up 51 per cent on the previous corresponding period on strengthened demand. There was strong growth in advanced technologies offered by its Dyno Nobel explosives business, with American electronic detonator sales up 18 per cent, while…
Fertiliser and explosives manufacturer Incitec Pivot has failed after a long search to secure an economically viable long-term gas supply to its Gibson Island, Brisbane fertiliser plant. As a result the company has announced the closure of the plant after 50 years of operation when the current gas contract runs out in December, 2022. The…
Global renewable energy company Fortescue Future Industries (FFI) has announced yet another green business venture – a joint feasibility study with fertiliser and explosives manufacturer Incitec Pivot for the conversion of ammonia production to utilise green hydrogen. The study, announced after a week in which FFI revealed plans for a $1 billion green equipment manufacturing…
Incitec Pivot’s Waggaman, Louisiana ammonia plant has again been forced to shut with tens of millions of dollars lost – this time through a deliberate closure during the recent Hurricane Ida. Since its opening the plant has failed numerous times with lost production and repair costs exceeding $100 million. Today the company revealed Waggaman had…
