Incitec Pivot Limited (ASX:IPL)
Incitec Pivot Limited (ASX:IPL) aims to make peoples lives better by unlocking the world's natural resources through innovation on the ground.
Through Dyno Nobel, Incitec plays a critical role in releasing the worlds natural resources to build infrastructure and generate the energy we need to live in a modern world. And with population growth, through Incitec Pivot Fertilisers 100-year heritage in Australian agriculture, the Company plays an important role in enabling sustainable food production to meet the rapidly rising demand for food around the world.
Incitec's global manufacturing facilities produce a wide range of explosives, fertilisers and industrial chemicals. As well as owning and operating 20 manufacturing plants in the US, Canada, Australia, Mexico, Indonesia and Turkey, IPL has JVs in South Africa, China and Australia.
The Company's initiating systems and assembly plants in the US, Mexico and Australia, build detonators, boosters and cartridge explosives such as dynamite. Through Incitec's Dyno Nobel business, the Company supplies industrial explosives and blasting services to the mining, quarrying, seismic and construction industries in North America and Australian market. Blasting is an essential step in extracting minerals. Mines, quarries and seismic explorers use Dyno Nobel products to achieve safety goals and improve operational efficiency.
Incitec Pivot Fertilisers is Australia's largest supplier of fertilisers for use in the Australian grain, cotton, pasture, dairy, sugar and horticulture industries.
Bulk and packaged fertiliser products are distributed to farmers through a network of partners and agents. Incitec Pivot supports farmers across eastern Australia, from tropical fruit growers in north Queensland to dairy producers in Tasmania.