Incitec Pivot
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Incitec Pivot Ltd. () is an Australian
multinational corporation A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...
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 Dyno Nobel is a manufacturer of explosives. It is a wholly owned subsidiary of Incitec Pivot Limited operating in Australia, Canada, the United States, Africa, Indonesia, Mexico, South America, Papua New Guinea and Turkey. They provide the ...
in 2008. 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 The politics of Nauru take place in a framework of a parliamentary representative democratic republic, whereby the President of Nauru is the head of government of the executive branch. Legislative power is vested in both the government and the ...
to re-develop the country's
phosphate In chemistry, a phosphate is an anion, salt, functional group or ester derived from a phosphoric acid. It most commonly means orthophosphate, a derivative of orthophosphoric acid . The phosphate or orthophosphate ion is derived from phosph ...
mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic ...
industry, which had fallen into disrepair. The company invested $5 million to facilities and machinery, and phosphate mining resumed in late 2006. 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. 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 The United Methodist Church (UMC) is a worldwide mainline Protestant denomination based in the United States, and a major part of Methodism. In the 19th century, its main predecessor, the Methodist Episcopal Church, was a leader in evangelic ...
, Danske Bank, Storebrand, KLP, and the national pension funds of Sweden and Luxembourg.


References


External links


Official Incitec Pivot Website



Dyno Nobel Website

Incitec Pivot Fertilisers Website
{{S&P/ASX 200 Companies based in Melbourne Mining companies of Australia Companies listed on the Australian Securities Exchange Manufacturing companies of Australia