Company Profile Overview

Incitec Pivot Limited is a leading global chemicals company with nitrogen-based manufacturing at its core.

With the acquisition of Dyno Nobel, the Company is well positioned to take advantage of the opportunities created through the agriculture and mining Super Cycle, which is driving global demand for both fertilisers and explosives.

The Company holds a portfolio of recognised and trusted brands and is:

• Number One supplier of fertilisers in Australia;
• Number One supplier of explosives products and services in North America - the largest industrial explosives market in the world; and
• Number two supplier of explosives products and services in Australia - the third largest industrial explosives market in the world.

Incitec Pivot has extensive operations throughout the United States, Canada, Mexico and Australia, including over 20 manufacturing plants, scores of distribution centres and well-established channels to market. The Company employs approximately 4,500 staff worldwide.

The continued growth of Incitec Pivot's Fertilisers business is in response to the world's ever-increasing demand for the four F's: food, feed, fibre and fuel.

The Company supplies more than 50 per cent of Australia's agricultural nutrient needs and plays an essential role in helping farmers to increase productivity and remain competitive in global markets. Partnership between farmers and Incitec Pivot distributors underpin sustainable farming in much of Australia.

Incitec Pivot's manufacturing strength gives us unequalled capacity to meet the market's needs across a wide product range including urea, ammonium phosphates, ammonium sulphate, superphosphate and anhydrous ammonia.

In all of its activities, Incitec Pivot takes its environmental and community responsibilities seriously from the manufacture and handling of our products to their sustainable use on the farm. To this end, the Company is fully accredited with the Fertilizer Industry Federation of Australia's national training and accreditation program, Fertcare®.

In addition to its sales across eastern and southern Australia, Incitec Pivot exports increasing volumes of fertiliser to overseas markets during times of low domestic demand through its trading arm, Southern Cross International.

Operating as a wholly owned subsidiary, Southern Cross International is focused on sales to Australian distributors and export sales to Asia Pacific, the Indian sub-continent and Latin America.

The Company expanded into the manufacture and sale of ammonium nitrate and initiating systems with the acquisition of Dyno Nobel in 2008. Our Explosives business operates in North America and the Asia Pacific region under the name Dyno Nobel.

Dyno Nobel's customers are in the mining, quarry, construction, pipeline and geophysical exploration industries. For further information on Incitec Pivot's Explosives business, please visit www.dynonobel.com.

Incitec Pivot Limited was created on the merger between Pivot and Incitec Fertilizers in 2003 and substantially expanded with the acquisition of Southern Cross Fertilisers in 2006. The business can trace its roots back to the early part of last century when Australian superphosphate production was pioneered.