Incitec Pivot to lose 23.5m from outage

Group takes ammonia plant offline to fix performance issues, expects reduced output.

Incitec Pivot Ltd says its Phosphate Hill ammonia plant will be offline until mid-next week as the group continues to address a series of performance issues at an estimated  cost of $23.5 million after tax.

In a statement to the Australian Securities Exchange, the group estimated the closure would see ammonium phosphate production for the second half to September 30 drop to 400,000 tonnes, while full-year production is tipped to slip to 763,000 tonnes.

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