IPL News: UPDATE 1-Australia's Incitec Pivot climbs to 3-1/2-year high on resuming U.S. ammonia plant - 19th Apr 2022, 11:17am

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April 19 (Reuters) - Australia's Incitec Pivot Ltd said on Tuesday it restarted production at its U.S. ammonia plant after a pipe rupture earlier this year had resulted in the release of hydrogen, sending shares to their highest since November 2018.

Incitec, the country's top fertiliser producer, said the downtime at the Waggaman ammonia plant in Louisiana will impact its earnings, and estimates a hit of $92 million to its net profit after tax, higher than an ...

>>> Read more: UPDATE 1-Australia's Incitec Pivot climbs to 3-1/2-year high on resuming U.S. ammonia plant
 
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