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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

Chemicals Basic Materials
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

Incitec Pivot Ltd > why I am long oil
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Comment by snewguyon Mar 22, 2020 12:22am
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Post# 30834545

RE:why I am long oil

RE:why I am long oilhttps://oilprice.com/Energy/Energy-General/US-Shale-Patch-Sees-Huge-Jump-In-Bankruptcies.html

 Saudi owns 100% of the largest refinery in North America, Port Arthur in Texas...  as an example... foreign cash reserves is one thing, foreign assets is something else... they likely have near $trillion now invested in the USA (750 bil in 2017)  in assets/tbills..   they threatened to sell off if USA proclaimed Saudi had responsibility in 911.. and USA backed off... and they don't have to sell, they can borrow against it at crazy low rates..  and thats just USA assets...  

it lasts as long as they want or if Russia comes back to table.. 




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