Incitec Pivot Ltd. (ASX: IPL) is an Australian multinational corporation that manufactures fertiliser, explosives chemicals, and mining service. Incitec Pivot is the largest supplier of fertilisers in Australia; the largest supplier of explosives products and services in North America; and the second largest supplier of explosives products and services in the world. The company began trading on the ASX on 30 July 2003 having been formed as the result of a merger between Incitec Fertilizers and the Pivot group, and substantially expanded with the acquisition of Southern Cross Fertilisers in 2006 and Dyno Nobel in 2008.[1]
Incitec Pivot has approximately 5,000 employees and operates in the United States, Canada, Mexico, and Australia. In 2005, the company struck a deal with the Government of Nauru to re-develop the country's phosphatemining industry, which had fallen into disrepair. The company invested $5 million to facilities and machinery, and phosphate mining resumed in late 2006.[2]
Incitec Pivot has based a large part of its fertilizer production on imports of phosphate rock from Western Sahara, a territory which has been occupied by Morocco since 1975.[3] Since such imports are considered in violation of international law, Incitec Pivot has been blacklisted from portfolios of several ethical investors including the United Methodist Church, Danske Bank, Storebrand, KLP, and the national pension funds of Sweden and Luxembourg.[4]
^. Archived from the original on 1 June 2016. Retrieved 29 April 2016.{{cite web}}: CS1 maint: archived copy as title (link)
^Hagen, Erik (2 June 2009). "Norwatch: Norwegian investor blacklists fertilizer company". Western Sahara Resource Watch.
^Crellin, Zac (15 April 2016). "Fertiliser producer Incitec Pivot is Australia's last importer of 'illegal' phosphate from disputed Western Sahara". International Business Times Australia.
External linksedit
Official Incitec Pivot Website
ABC Landline - Pacific Paydirt
Official Dyno Nobel Website
Official Incitec Pivot Fertilisers Website
April 05, 2024
incitec, pivot, australian, multinational, corporation, that, manufactures, fertiliser, explosives, chemicals, mining, service, largest, supplier, fertilisers, australia, largest, supplier, explosives, products, services, north, america, second, largest, suppl. Incitec Pivot Ltd ASX IPL is an Australian multinational corporation that manufactures fertiliser explosives chemicals and mining service Incitec Pivot is the largest supplier of fertilisers in Australia the largest supplier of explosives products and services in North America and the second largest supplier of explosives products and services in the world The company began trading on the ASX on 30 July 2003 having been formed as the result of a merger between Incitec Fertilizers and the Pivot group and substantially expanded with the acquisition of Southern Cross Fertilisers in 2006 and Dyno Nobel in 2008 1 Incitec Pivot LimitedCompany typePublicTraded asASX IPLIndustryMining and ManufacturingFoundedAustraliaHeadquartersSouthbank Victoria AustraliaProductsExplosives Chemicals FertilisersNumber of employees5 000 2018 SubsidiariesDyno Nobel and Incitec Pivot FertilizersWebsitewww wbr incitecpivot wbr com wbr auIncitec Pivot has approximately 5 000 employees and operates in the United States Canada Mexico and Australia In 2005 the company struck a deal with the Government of Nauru to re develop the country s phosphate mining industry which had fallen into disrepair The company invested 5 million to facilities and machinery and phosphate mining resumed in late 2006 2 Incitec Pivot has based a large part of its fertilizer production on imports of phosphate rock from Western Sahara a territory which has been occupied by Morocco since 1975 3 Since such imports are considered in violation of international law Incitec Pivot has been blacklisted from portfolios of several ethical investors including the United Methodist Church Danske Bank Storebrand KLP and the national pension funds of Sweden and Luxembourg 4 References edit History Incitec Pivot Limited 13 June 2019 Archived copy Archived from the original on 1 June 2016 Retrieved 29 April 2016 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link Hagen Erik 2 June 2009 Norwatch Norwegian investor blacklists fertilizer company Western Sahara Resource Watch Crellin Zac 15 April 2016 Fertiliser producer Incitec Pivot is Australia s last importer of illegal phosphate from disputed Western Sahara International Business Times Australia External links editOfficial Incitec Pivot Website ABC Landline Pacific Paydirt Official Dyno Nobel Website Official Incitec Pivot Fertilisers Website Retrieved from https en wikipedia org w index php title Incitec Pivot amp oldid 1138640979, wikipedia, wiki, book, books, library,
