History of Dyno Nobel in Timeline
Dyno Nobel is a global manufacturer of explosives and a wholly-owned subsidiary of Incitec Pivot Limited. The company operates in several regions, including Australia, Canada, the United States, Africa, Indonesia, Mexico, South America, Papua New Guinea and Turkey.
August 2000: IK Partners Acquires Dyno ASA
In August 2000, IK Partners (formerly Industri Kapital) acquired Dyno ASA from the Oslo Stock Exchange in a public-to-private transaction. Dyno’s chemical business was then merged with Neste Chemicals to create Dynea Oy, which was also controlled by IK.
2003: Dyno Nobel ASA Combined with Ensign-Bickford Company
In 2003, Dyno Nobel ASA combined with the Ensign-Bickford Company.
2005: Dyno Nobel Restructuring
In 2005, Dyno Nobel underwent a restructuring.
2007: Dyno Nobel Employee and Facility Growth
By 2007, Dyno Nobel had grown to over 3,500 employees and operated 36 manufacturing facilities.
2008: Incitec Pivot Limited Acquires Dyno Nobel
In 2008, Australian agrochemical maker Incitec Pivot Limited acquired Dyno Nobel for A$3.3 billion.
2010: Incitec Pivot Approves Dyno Nobel's Sustainability Strategy
In 2010, Incitec Pivot Limited, the owners of Dyno Nobel, approved a sustainability strategy that covered various aspects including workplace health and safety, environmental impacts, resource efficiency, community impact, labor practices, and products and services.
2010: National Average for Women in the Workplace in the United States
In 2010, the national average for women in the workplace in the United States was 47%.
2012: Increase in Female Employment
During 2012, the number of females employed by the company increased from 17% to 21%.
2012: Dyno Nobel Ammonium Nitrate Capacity and Manufacturing Facilities
In 2012, Dyno Nobel had over a million tons of ammonium nitrate capacity and operated over 30 manufacturing facilities on two continents, producing various explosives and loading systems.
2012: IPL Establishes Reduction Targets for Australian Manufacturing Operations
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 are also exploring the use of recycled or renewable materials and investigating methods to reduce nitrogen oxide emissions from explosive blasting.
2012: Increase in Total Recordable Injury Frequency Rate
In 2012, IPL reported that the Total Recordable Injury Frequency Rate was 1.45, a 17% increase from the previous year. In response, the IPL Board and Executive Team implemented new leadership positions and structures to support a new Health, Safety and Environment (HSE) strategy aimed at eliminating workplace incidents.
2012: IPL Sustainability Report on Sustainable Growth
In the 2012 Sustainability Report, IPL stated that "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."
2013: Increase in Female Graduates
In 2013, the number of female graduates employed through the graduate recruitment program increased from none in 2012 to five.
April 2016: Dyno Nobel Listed as Peabody Energy's Largest Creditor
In April 2016, after Peabody Energy filed for bankruptcy, Dyno Nobel was listed as their largest creditor, being owed more than A$4.3 million.
