ASX Materials Stocks News: Orica Ltd (ORI)


ASX Materials Stocks News: Orica Ltd (ORI)|ASX ORI SharesOrica Ltd (ASX:ORI) is a leading manufacturer of industrial & specialty chemicals, agricultural chemicals & fertilisers, commercial explosives & mining chemicals, paints & other consumer products in Australasia.

Orica has four broad business groups – Mining Services, Fertilisers, Chemicals and Consumer Products. ORI is a truly multinational company, with operations in over 40 countries. The company is listed on the Australian Stock Exchange and is part of the S&P/ASX 200.

Materials stock Orica announced today that it is resuming its Ammonium Nitrate production plant at Kooragang Island, near Newcastle.

The plant and several others have been closed since August, after thousands of litters of a dilute ammonium nitrate solution leaked from a storage facility.

Orica said re-start activities at the remaining facilities, are progressing.

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