ASX Announcements
Notification of cessation of securities - IPL
Appendix 3H (Notification of cessation of securities)
- Dec 24, 2024
- 4 pages
November
Incitec Pivot unwinds fertiliser business as write-offs spike to $1b
The company’s new chief executive, Mauro Neves, says he wants to offload the division by the end of next year. And he expects strong economic growth in the US.
- Simon Evans
IPF spreads a little wisdom to keep farmers in fertiliser
Incitec Pivot Fertilisers has won the Established Business to Business category in The Australian Financial Review Customer Champions list 2024.
- Alexandra Cain
- Opinion
- Customer Champions
How to give customers and investors what they want
Meeting the expectations of increasingly demanding customers while satisfying investors with strong returns requires more than just good intentions.
- Nigel Andrade, Enrico Rizzon and Michael Hone
Is it third time lucky for this little-known manufacturing billionaire?
Vikas Rambal is thinking big. After trying his hand at two fertiliser plants in Western Australia, the businessman is plotting his largest project yet.
- Updated
- Jennifer Hewett
July
That cool op-shop jacket could earn you carbon credits
Federal regulators are considering a proposal to offer financial incentives to consumers who buy second-hand clothes.
- Peter Ker
- Updated
- Energy
Labor’s hydrogen dream stalls as Fortescue slims down H2 vision
Fortescue will cut 700 jobs and slow its push into green hydrogen in a blow to the Albanese government’s plan to make Australia a hydrogen superpower supported by more than $8 billion of taxpayer funded incentives.
- Peter Ker and Angela Macdonald-Smith
Spilt milk everywhere as Incitec pivots, again
We have another “deal yourself in, deal yourself out” situation. And it isn’t pretty.
- Anthony Macdonald
Wall Street’s big run; Incitec dumps sale talks; Inside Biden’s fight
Read everything that’s happened in the news so far today.
Incitec Pivot ditches fertiliser sale talks with Indonesian buyer
The chemicals giant said it shelved the negotiations due to transaction delays as it flagged a $900 million on-market share buyback would still go ahead.
- Carrie LaFrenz
- Agriculture Winner
- Sustainability Leaders
A farming revolution built on down-to-earth thinking
Increasing carbon levels in grazing lands could remove 10 billion tonnes of greenhouse gas emissions from the atmosphere says the winner of the Agriculture category.
- Tom McIlroy
June
What do Nobel, Dulux and Australia’s first high-rise have in common?
From making bricks for the 1956 Olympics to paint, explosives and mining technology company Orica’s long history mirrors the Australian economy.
- Patrick Durkin
Russian mining membership dogs global coal lobby
Now known as FutureCoal, the organisation says it is “agnostic” after appointing a Russian director. Its members include Yancoal, Whitehaven and Incitec Pivot.
- Peter Ker
May
Incitec’s Indonesian suitor has investors brushing up on Cooper’s woes
Indonesian state-owned businesses have not traditionally been major investors in Australia. When they have invested, it has not always turned out well.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
How to build a cash war chest and get permission to spend it
Thursday’s two big profit results show what investors want from Australia’s big companies. And it doesn’t have to be just buybacks and special dividends.
- Anthony Macdonald
Incitec Pivot blames gas prices for $498m fertiliser write-down
But the company said it could double returns if it sold those struggling operations to Indonesia’s PT Pupuk Kalimantan Timur and focused only on explosives.
- Simon Evans
Incitec advisers work through final checklist for $1b fertiliser deal
The army of lawyers and bankers around Incitec Pivot’s $1 billion-plus fertiliser deal are feeling good.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
Incitec Pivot fertiliser deal catches political heat
Senator Susan McDonald has told Street Talk she will push for a public examination into the sale of ASX-listed Incitec Pivot to a foreign-owned interest.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Incitec Pivot’s drawn-out fertiliser sale rounds the finish line
Investor sources tell Street Talk new chief Mauro Neves has the market’s support to run the company as a pure-play explosives business.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March
Fortescue says hydrogen hopes rest on a halving of power prices
Fortescue Energy boss Mark Hutchinson says Australia must get clean power prices down to $US30 a megawatt hour if it wants green hydrogen projects to go ahead.
- Peter Ker
February
Senex Energy bankers up for Incitec’s fertiliser biz
Turns out Senex Energy is not alone as it keeps vigil over Incitec Pivot’s up-for-sale fertiliser business.
- Sarah Thompson, Kanika Sood and Emma Rapaport