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.

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Post by marketsenseon Sep 22, 2020 12:54pm

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Post# 31597803

What

After this mornings news on the sale of the bulk storage terminals, IPL trading at $13.50 up only
.23 from yesterday. So does the market have this right or is there nothing here to get too
excited about? The shares have been in the doldrums since Feb and many have been asking
for something to be done to improve the financial risk profile. Well something got done but it
looks like it's not nearly enough to offsset the risks associated with Heartland or does the market
have this wrong?

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