Drought, floods and plant closure hits Incitec Pivot

Chemicals, fertiliser and explosives manufacturer, Incitec Pivot (ASX: IPL) has reported big hits to its profits from a number of weather-related events and the closure of its Portland, Victoria super phosphate factory. The closure costs, along with drought in eastern Australia and cyclonic floods in the Townsville region, were outlined in a report to the…

Titomic enters Japanese and Korean markets

Metal additive manufacturing company, Titomic (ASX: TTT) has expanded its global distribution network for its unique metals and materials technology and manufacturing business. The company signed a memorandum of understanding with Osaka Titanium Technologies (OTC) and Marubeni Corporation to be its distributor in Japan and South Korea. The agreement also givers Titomic access to a…