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Incitec Pivot announces Dyno Nobel split

SOME 15 years after giant Australian agrochemical maker Incitec Pivot paid out A$3.3 billion for the almost 150-year-old explosives maker Dyno Nobel, Incitec Pivot has decided to split its explosives and fertiliser arms as new ASX-listed businesses. 

Incitec Pivot announces Dyno Nobel split

Dyno Nobel, which was founded in Sweden in 1865, will continue to focus on its explosives solutions for the global mining sector, while Incitec Pivot Fertilisers will carry the baton as an East Coast Australia...

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