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Dyno Nobel
Company typeSubsidiary
IndustryExplosives (Coal, Quarry & Construction, Metals & Coal Mining) & Chemicals (Agriculture & Industrial)[1]
FoundedSweden 1865 [2]
HeadquartersBrisbane, Australia & Cottonwood Heights, Utah, USA
Key people
  • Jeanne Johns, Managing Director & CEO, Incitec Pivot Limited
  • Greg Hayne, President, Dyno Nobel Asia Pacific
  • Braden Lusk, President, Dyno Nobel Americas


ProductsIndustrial / Commercial Explosives, Agriculture and Industrial Chemicals[1]
RevenueDNAP A$626.4 million (2012)[3] DNA US$1,203.3 million (2012)[3]
Number of employees
~3,000 (2013)[2][4]
ParentIncitec Pivot Limited (IPL)
SubsidiariesNitromak dnx Kimya Sanayii, dnx Drilling, Tradestar, DynoNobel Transportation
Websitewww.dynonobel.com
www.incitecpivot.com.au

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.[2]

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.[5] 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.[6] In 2012 Dyno Nobel had over a million tons of ammonium nitrate capacity and over 30 manufacturing facilities on two continents.[3]

History

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Alfred Nobel
Alfred Nobel, Swedish dynamite inventor and founder of companies that laid the groundwork for Dyno Nobel

Dyno Nobel's history dates back to 1865 with Swedish dynamite inventor Alfred Nobel.[7] The invention of the safety fuse by William Bickford in 1831 was also instrumental in the company's development.[8]

Following IK Partners’ (formerly Industri Kapital) public-to-private acquisition of Dyno ASA from the Oslo Stock Exchange in August 2000, Dyno’s chemical business was merged with Neste Chemicals to form Dynea Oy, also controlled by IK.[9]

Dyno Nobel ASA combined with the Ensign-Bickford Company in 2003 and were restructured again in 2005.[10][11] By 2007 they had over 3,500 employees and 36 manufacturing facilities.[12] In 2008 Australian agrochemical maker Incitec Pivot Limited (an ASX Top 50 company) bought Dyno Nobel for A$3.3 billion.[4][13] 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.[14]

Company organization

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Dyno Nobel Manufacturing/Distribution, Joint Ventures/Investments & Corporate Headquarters - Americas
Dyno Nobel Manufacturing/Distribution, Joint Ventures/Investments & Corporate Headquarters

Dyno Nobel is organized into two groups, Dyno Americas and Dyno Nobel Asia Pacific.

Dyno Nobel Americas (DNA)

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Dyno Nobel Americas (DNA) serves North America and Chile.[10] DNA also supplies nitrogen based products to agricultural and industrial chemical markets.[1]

Dyno Nobel Asia Pacific (DNAP)

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Dyno Nobel Asia Pacific (DNAP) supplies the mining industry in Australia, Europe, China, Africa, Turkey, Albania, Romania, Finland, Indonesia and Papua New Guinea. In particular, DNAP supplies surface and underground mining in the thermal coal, metallurgical coal, iron ore and other metals sectors.[15]

Sustainability

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In 2010, Dyno Nobel's owners, Incitec Pivot Limited, approved a sustainability strategy that extends to workplace health and safety, environmental impacts, resource efficiency, community impact and engagement, as well as labor practices and products and services. In the 2012 Sustainability Report IPL states, “Sustainable growth requires us to balance our economic performance with our environmental and social responsibilities which include being a good corporate citizen and operating ethically.”[1]

Health and safety

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In 2012, IPL reported that the Total Recordable Injury Frequency Rate was 1.45, an increase of 17% from the previous year. In response to this, the IPL Board and Executive Team implemented new positions and structures in the company's leadership. This was done to support a new Health, Safety and Environment (HSE) strategy put in place to eliminate workplace injuries, illnesses and environmental incidents.[1]

Environment

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In 2012, IPL established reduction targets for its Australian manufacturing operations for greenhouse gas emissions, water use, natural gas use for energy, and waste to landfill. They claim they are working to establish a baseline for future efficiency targets through gathering data from the global operations for energy use, water use and waste. They investigated the possibility of replacing the current materials used to manufacture bulking agents with recycled or renewable ones such as bio-fuels and green waste. The company carried out trials where waste oil was used in their fuel phase emulsion explosive product. They also researched ways to reduce nitrogen oxide (NOx) emissions from explosive blasting by using different products or blasting techniques.[1]

Recruitment and training

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During 2012, the number of females employed by the company increased from 17% to 21%. The number of female graduates employed through the graduate recruitment programme increased from none in 2012 to five in 2013.[1] In comparison, the national average for women in the workplace in the United States was 47%(2010)[16] and 46% in Australia (2013).[17]

References

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  1. ^ a b c d e f g "Incitec Pivot Limited Sustainability Report 2012" (PDF). Archived from the original (PDF) on 9 April 2013. Retrieved 26 March 2013.
  2. ^ a b c "Dyno Nobel Company History". Dyno Nobel. Retrieved 26 March 2013.
  3. ^ a b c "IPL Annual Report for Investors". IPL Investor Home. IPL. Retrieved 16 April 2013.
  4. ^ a b "Incitec Pivot enters into Scheme Implementation Agreement with Dyno Nobel" (PDF). ASX. 11 March 2008. Archived from the original (PDF) on 10 April 2013. Retrieved 16 April 2013.
  5. ^ "DynoConsult". Website. Dyno Nobel. Retrieved 16 April 2013.
  6. ^ "Dyno Nobel Acquired by Incitec Pivot Still Delivering Groundbreaking Performance". Website. SupplyMine. Retrieved 16 April 2013.
  7. ^ Ringertz, Nils (2001). "Alfred Nobel - His Life and Work". Website. 2 (12). NobelPrize.org: 925–928. doi:10.1038/35103029. PMID 11733772. S2CID 205022914. Retrieved 16 April 2013.
  8. ^ "William Bickford, Inventor of the safety fuse". Website. Cornwall Calling. Retrieved 16 April 2013.
  9. ^ "Dyno Nobel I Private Equity Investment I Mid Cap I IK Partners". IK Partners. Retrieved 28 August 2024.
  10. ^ a b "Macquarie Bank leads consortium to acquire Dyno Nobel Holding ASA for US 1.7 billion". Macquarie. 19 September 2005. Retrieved 26 April 2013.
  11. ^ "Dyno Nobel Splits in Two". ICIS.com. Retrieved 16 April 2013.
  12. ^ "Dyno Nobel - Patron Member" (PDF). Website. Mining Associates of Wyoming Mining Connection. Retrieved 16 April 2013.
  13. ^ "ASX Share Prices". ASX 50. Retrieved 16 April 2013.
  14. ^ "Peabody fall puts 3500 jobs at risk". The Australian. 13 April 2016. Retrieved 12 May 2016.
  15. ^ "Dyno Nobel Shareholders ok 2.5 billion deal". The New York Times. 22 May 2008. Retrieved 22 April 2013.
  16. ^ "Women in the Labor Force in 2010". United States Department of Labor. Retrieved 25 April 2013.
  17. ^ "Women in the Australian Workplace". Parliament Flag Post. 8 March 2013. Retrieved 25 April 2013.
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