Jan 29 (Reuters) - Incitec Pivot Ltd (IPL) :
- ANNOUNCES UNPLANNED DOWNTIME AFFECTING FY19
- OUTAGE IS EXPECTED TO RESULT IN A REDUCTION IN PRODUCTION FOR FY19 OF APPROXIMATELY 80,000 TONNES
- PHOSPHATE HILL FACILITY HAS BEEN AFFECTED BY A LEAK IN ITS PHOSPHORIC ACID PLANT; FACILITY HAS RESUMED OPERATION
- UNPLANNED OUTAGES ARE EXPECTED TO HAVE A COMBINED EARNINGS BEFORE INTEREST AND TAX IMPACT OF APPROXIMATELY A$45M FOR FY
- INCITEC PIVOT - ESTIMATED IMPACT OF OUTAGE IS REDUCTION OF ABOUT 50,000 TONNES OF AMMONIUM PHOSPHATES FOR FY ENDING 30 SEPTEMBER 2019
- REVISED PRODUCTION TARGET FOR FY19 IS 950,000 TONNES OF AMMONIUM PHOSPHATES
Source text (http//bit.ly/2RR6GEx)
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News: IPL Incitec Pivot Announces Unplanned Downtime Affecting Fy19
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