Incitec Pivot Soars on Offers for U.S. Ammonia Plant; Demerger Plan Delayed
Australia's top fertiliser maker Incitec Pivot Ltd said on Tuesday it received a number of potential buyout offers for its U.S. ammonia manufacturing facility, sending its shares up more than 10%.Incitec, however, warned the sale option for the facility in Waggaman, Louisiana (WALA) could delay its plans to demerge its explosives manufacturing business, Dyno Nobel, by up to a year.The WALA fac...