Dyno Nobel
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| Public (ASX: IPL) | |
| Industry | Explosives (Coal, Quarry & Construction, Metals & Coal Mining) & Chemicals (Agriculture & Industrial) |
| Founded | Norway 1865 |
| Headquarters | Brisbane, Australia & Cottonwood Heights, Utah, USA |
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Key people
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| Products | Industrial / Commercial Explosives, Agriculture and Industrial Chemicals |
| Revenue |
DNAP A$626.4 million (2012) DNA US$1,203.3 million (2012) |
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Number of employees
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~3,000 (2013) |
| Parent | Incitec Pivot Limited (IPL) |
| Subsidiaries | Nitromak dnx Kimya Sanayii, dnx Drilling, Tradestar, DynoNobel Transportation |
| Website |
www |
DNAP A$626.4 million (2012)
Dyno Nobel is a manufacturer of explosives. It is a wholly owned subsidiary of Incitec Pivot Limited operating in Australia, Canada, the United States, Africa, Indonesia, Mexico, South America, Papua New Guinea and Turkey.
They provide the explosives used in coal and metal mining, quarry and construction as well as pipeline and seismic used for oil and gas exploration. The types of explosives manufactured includes ammonium nitrate, dynamite, electric, non electric and electronic detonators, detonating cord and cast boosters. They also produce surface and underground loading systems. In 2012 Dyno Nobel had over a million tons of ammonium nitrate capacity and over 30 manufacturing facilities on two continents.
Dyno Nobel's history dates back to 1865 with Swedish dynamite inventor Alfred Nobel. The invention of the Safety Fuse by William Bickford in 1831 was also instrumental in the company’s development.
Dyno Nobel ASA combined with the Ensign-Bickford Company in 2003 and were restructured again in 2005. By 2007 they had over 3,500 employees and 36 manufacturing facilities. In 2008 Australian agrochemical maker Incitec Pivot Limited (a ASX Top 50 company) bought Dyno Nobel for A$3.3 billion. After the coal company Peabody Energy filed for bankruptcy in April 2016, Dyno Nobel was listed as their largest creditor being owed more than A$4.3 million.
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