--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20210617-incitec-pivot-tamed-its-potential-competitor/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Incitec Pivot tamed its potential competitor Publication Date: 2021-06-17T13:00:01-04:00 Last Updated: 2021-06-16T13:16:39-04:00 Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/) Categories: [Markets](https://www.fertilizerdaily.com/markets/) ![Incitec Pivot tamed its potential competitor](https://www.fertilizerdaily.com/wp-content/uploads/2021/06/sYSgwtzODDiMIquPpxeZxshKtrJCBkSlgMEdevyxNduUXbCYDAqGGZUWYMroGqyR.jpg) The unfinished plant is already ensured with stable sales. The Australian Incitec Pivot has signed a 20-year contract with Perdaman Chemicals and Fertilizers for the sale and purchase of carbamide from the chemical plant, which is being currently designed by the company. Under the terms of the contract, Perdaman Chemicals and Fertilizers will be obliged to ship to Incitec Pivot up to 2.3 million tons of granular carbamide per year. Perdaman Chemicals and Fertilizers intends to begin the construction of the facility in the 1Q2022 with commissioning in the 4Q2025. The new plant will cost $4.5 billion. However, the implementation of the contract depends on the receiving of financing required to Perdaman Chemicals and Fertilizers to build the plant. Tags: [Australia](https://www.fertilizerdaily.com/tag/australia/), [carbamide](https://www.fertilizerdaily.com/tag/carbamide/), [Incitec Pivot](https://www.fertilizerdaily.com/tag/incitec-pivot/), [Perdaman Chemicals & Fertilisers](https://www.fertilizerdaily.com/tag/perdaman-chemicals-fertilisers/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.