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Incitec Pivot
Australian company From Wikipedia, the free encyclopedia
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Incitec Pivot Ltd. (ASX: DNL) 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 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]
As of 31 May 2025 Incitec Pivot Limited has changed its name to Dyno Nobel Limited and its ticker code from IPL to DNL.[5]
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History
Incitec Pivot Limited was formed in 2003 through the merger of Incitec Fertilisers and the Pivot group, originally established in 1919 as a Victorian farmers’ co-operative.[6]
Several of the company’s present-day fertiliser sites have much earlier origins, tracing back to nineteenth-century producers such as Cuming, Smith & Co.. Fertiliser works established at Yarraville (Melbourne) and Port Adelaide were later absorbed into Commonwealth Fertilisers and Chemicals (1929) and then into ICIANZ, before becoming part of Incitec following ICI’s divestment of Australian operations in the late twentieth century.[7][8][9]
The merger created the country’s largest fertiliser supplier, which was subsequently expanded by the acquisition of Southern Cross Fertilisers in 2006 and explosives group Dyno Nobel in 2008.[10]
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