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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

Incitec Pivot Limited is an Australia-based manufacturer and supplier to the resources and agricultural sectors. Its segments include Asia Pacific and Americas. Asia Pacific segment includes Fertilisers Asia Pacific (Fertilisers APAC) and Dyno Nobel Asia Pacific (DNAP). Fertilisers APAC manufactures and sells fertilizers in Eastern Australia and the export market. It also manufactures, imports and sells industrial chemicals to the agricultural sector and other specialist industries. DNAP manufactures and sells industrial explosives and related products and services to the mining industry in the Asia Pacific region, Turkey and France. Americas segment includes Dyno Nobel Americas, which manufactures and sells industrial explosives and related products and services to the mining, quarrying and construction industries in the Americas (Canada, Mexico and Chile) and initiating systems to businesses in Australia, Turkey and South Africa. It also manufactures and sells industrial chemicals.


OTCPK:ICPVF - Post by User

Comment by mrbbon May 07, 2021 1:46am
199 Views
Post# 33150150

RE:RE:RE:Quarter results

RE:RE:RE:Quarter results
Albatross wrote: The extra 200mil on Heartland is a bit of sore news. I hope that's it. We can't keep taking hits on Heartland.

200 mil is quite insignicant considering this is the best time to incur debt with low interest rate, devaluing dollar, and rising material and labor cost, rising asset prices,  I'd happily take a completed HPC now (or soon to be) with tiny cost overrun.  The hurdle for large capital project is so great now , i doubt PPL or anyone else would comtemplate building a PP in the near future.    Some still see IPL mis-managed HPC for doing it 100%.  I, have contrary view on that. Even with covid challenges, IPL management have done quite well, IPL is not in dire strait as some led us to believe. 
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