MARKETS

Gibson Island struck down

THE gas supply crunch manufacturers have been warning will drive them out of business has hit with fertiliser and explosives maker Incitec Pivot, announcing the closure of its Gibson Island plant in December next year after it couldn't secure another gas contract.

Helen Clark

Gibson Island

The company said 170 employees will be affected. It has been forecasting this for several years and has tried to find various ways to ensure supply including farming in to its own gas fields. The announcement...

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