IPL blame fert business for big profit write-down

Gregor Heard
May 16 2024 - 5:00pm
High gas prices are impacting fertiliser businesses such as Incitec Pivot. Photo by Gregor Heard.
High gas prices are impacting fertiliser businesses such as Incitec Pivot. Photo by Gregor Heard.

The leaders of Incitec Pivot (IPL) remain in negotiations with Indonesia business PT Pupuk Kalimantan Timur (PKT) regarding the sale of its fertilisers business.

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Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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