Explosives and blasting specialist Orica has secured a deal to acquire GroundProbe from Crescent Capital Partners for $205 million.
Orica chairman Malcolm Broomhead explained at the company’s annual general meeting that the several senior executives would receive bonus cuts in light of two work fatalities during the 2017 financial year, one in Peru and the other in Sweden.
Ex-Orica CEO (currently board chairman) and BHP non-executive director Malcolm Broomhead has stepped in to replace Malcolm Brinded as chairman of the company’s sustainability committee.
Two workers were killed by an explosion at a Chilean Orica factory over the weekend.
Orica and Yara have opened their joint venture Yara Pilbara Nitrates ammonium nitrate plant, located in Western Australia’s Pilbara region, and expect it to be operational by the year’s end.
Orica has won its long running battle with Dyno Nobel over patented shotfiring techniques.
Orica’s net profit has fallen by nearly a third, partly due to the settlement with the Australian Taxation Office.
Orica and Thales have signed a 10-year contract to develop five million explosive boosters per year at Thales in Australia. These boosters are used in mining and construction to help detonate larger explosives. The contract replaces imported boosters from the Philippines and China and substitutes them with Australian-made versions. The boosters will be produced at … Continue reading Orica, Thales sign agreement for Aussie-made explosive boosters
Orica has relaunched its Minova Group as a stand-alone business following its restructuring.
The NSW Department of Planning has approved Orica’s proposal to increase the levels of ammonia at its Kooragang Island facility.
Orica has announced former Orica Malcolm Broomhead as its new chairman.
Orica has carried out a shakeup of the business, dramatically realigning its business model.
Orica has announced a reduction in production and jobs at its Gladstone Yarwun site.
Orica has won a contractor to provide a variety of drilling, blasting, and supply services for PhosAgro’s Apatit operation in Russia.
Mining explosives company Orica has announced its new interim CEO, following Ian Smith’s departure last week.
Orica have announced a timetable for the resignation of current CEO Ian Smith.
Orica has be given the greenlight for the construction of three new ammonia flaring systems at its Kooragang Island plant.
Orica has recorded a positive NPAT in its latest results, but is still eyeing off 700 job cuts in the coming year.
Orica has sold its chemicals business to private equity groups for $750 million.
Australia’s newly elevated national security alert level has prompted Orica Yarwun to undertake a review of security and safety procedures.