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Incitec Pivot sells US ammonia facility for $2.5b

Incitec Pivot Limited has agreed to sell its ammonia manufacturing facility in Waggaman, Louisiana to CF Industries Holdings, Inc. (CF) for USD 1.675 billion (AUD 2.5 billion).
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What spending reveals about downstream consumer demand for manufactured goods

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.