News: Orica plant closure to cost $90M

  1. lightbulb Created with Sketch. 1
    .

    Orica Limited (ASX:ORI) says it’s Newcastle plant is back up and running but the recent closures will cost the company about $90 million this financial year.



    The explosives and mining services supplier was forced to shut the plant down last year following a chemical leak.



    Orica says today ammonia production at Kooragang Island has resumed.



    Despite the anticipated financial impact, the company expects still its 2012 financial year profit before one-off items will improve from the year before.



    Orica posted a net profit of $663 million in the 2011 financial year.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$21.66
Change
0.220(1.03%)
Mkt cap ! $10.33B
Open High Low Value Volume
$21.44 $21.75 $21.36 $21.73M 1.004M

Buyers (Bids)

No. Vol. Price($)
2 932 $21.65
 

Sellers (Offers)

Price($) Vol. No.
$21.66 3 1
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
ORI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.