Incitec Pivot Ltd Adr Stock News

It''s been a tough day for the industrial chemicals and fertiliser manufacturer. The post Why is the Incitec Pivot (ASX:IPL) share price sinking 6% today? appeared first on The Motley Fool Australia .

Australian multinational corporation Incitec Pivot has inked a 91m ($142m) deal to buy French explosives manufacturer Titanobel.

Fertiliser giant Incitec Pivot has struck a deal with the federal government to work on raising production of a key ingredient for the diesel additive AdBlue.

Highlights Australian trucking industry had constantly feared shutting down amid zero new suppliers. Ongoing global urea crisis has forced Australia to search for new mineral sources. Australian Federal Government has struck a deal with Incitec Pivot to significantly increase the local production of urea. The global shortage of urea has forced Australia to search for new mineral sources. As a result, the Australian trucking industry has been in constant fear of shutting down amid zero new suppliers of AdBlue. Last week, the Australian Federal Government announced that it had approached the Middle Eastern countries for help while urging businesses to avoid stockpiling AdBlue stocks, an essential fluid to reduce pollution from diesel engines. Today, it is reported that Australia will receive 5,000 tonnes of refined urea from Indonesia in January, which is likely to make an additional monthly supply of AdBlue stock. RELATED READ - Australia seeking new mineral sources amid global urea shortage Besides, the worsening logistics conditions seem to get a relief as the Federal Government struck a deal with fertiliser manufacturer - Incitec Pivot to increase the local production of urea significantly.

How does Incitec Pivot fit into the AdBlue shortage equation? The post Is the Incitec Pivot (ASX:IPL) share price the next shortage winner? appeared first on The Motley Fool Australia .

Fertiliser maker Incitec Pivot has agreed to ramp up AdBlue production before it shuts down its Australian manufacturing next year. Trucks won''t run after January unless supplies rise.

Many institutional investors are demanding more climate ambition from Australian companies with banks and gas users feeling the heat during this AGM season.

Australia''s largest fertiliser business Incitec Pivot has invested in a south-western Victorian business making sustainable fertilisers.

Incitec Pivot is considering converting its Gibson Island ammonia production facility to run on zero carbon green hydrogen. Read More The post ASX Green Energy Stocks: Fortescue reaches key milestone in Incitec Pivot ammonia collaboration appeared first on Stockhead .

Incitec Pivot Limited (OTCMKTS:INCZY) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 100 shares, a decrease of 96.7% from the November 15th total of 3,000 shares. Based on an average daily trading volume, of 7,000 shares, the short-interest ratio is presently 0.0 […]

LONDON (ICIS) -- Incitec Pivot Limited today said it is fully committed to supplying domestic requirements of industrial grade urea, and is investigating ways to increase manufacturing capacity of…

A chemical needed for diesel truck engines to start used to be made in Brisbane. But fertiliser maker Incitec Pivot is eying a green future which means Australia depends on China for urea.

Incitec Pivot Limited (OTCMKTS:INCZY) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 3,000 shares, a growth of 2,900.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 8,700 shares, the days-to-cover ratio is presently 0.3 []

Incitec Pivot has announced plans to close one of Australia''s largest fertiliser plants at the end of next year. The closure of the Gibson Island plant in Brisbane is set to cost 170 jobs. The company is blaming the closure on the rising cost of natural gas which hit record highs in recent weeks. The closure is also set to impact farmers who will have to import fertiliser in order to grow crops. As China and Russia ban the export of some fertilisers, Nationals Senator Matt Canavan is worried about future food security.

Incitec Pivot Limited (OTCMKTS:INCZY) shares traded down 1.9% during mid-day trading on Wednesday . The company traded as low as $2.28 and last traded at $2.28. 643 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 37,141 shares. The stock had previously closed at $2.33. The stock has […]