The deadline to launch five green hydrogen projects this year is closing,but the miner’s results reveal the commitment may not be as definitive as it appeared.
CEO Jeanne Johns is leaving after investor pressure over the company’s performance and questions about its plans to split into separate fertiliser and explosives businesses.
Incitec Pivot has stitched up a gas supply deal that will allow it to opt out of the volatile east coast gas market.
Privately owned WA firm Perdaman has won the backing of a US investor to start building a urea plant large enough to supply almost all of Australia’s needs.
Fertiliser and explosives maker Incitec Pivot has committed to net zero by 2050,but admits it will take lots of work to get there.
The ASX-listed explosives and fertiliser maker says the sale will give it the cash needed for a planned buyback and to pay down debt.
Lower gas prices in North America are underpinning profits at explosives and fertiliser maker Incitec Pivot.
The cost to build Perdaman’s controversial fertiliser plant on WA’s Burrup Peninsula has jumped after Italian construction giant Saipem struck problems.
The $7b Australian chemicals giant has revealed a plan to split off its mining explosives division from its fertiliser arm by the middle of next year.
A local company has ramped up production of a key fuel additive to stop an international shortage bringing the trucking industry to a grinding halt.
Fertiliser giant Incitec Pivot has struck a deal with the federal government to work on raising production of a key ingredient for the diesel additive AdBlue.