Orica
 |
|
| Public | |
| Traded as | ASX: ORI |
| Industry | Metals, mining |
| Founded | Australia |
| Headquarters |
Orica House East Melbourne, Victoria, Australia |
|
Key people
|
Russell R Caplan (Non-Executive Chairman) Alberto Calderon (CEO) |
| Products | Explosives, Mining Chemicals |
| Revenue |
 AUD 5 billion (2016) |
|
Number of employees
|
12,500 (2016) |
| Website | www |
Orica Limited (ASX: ORI) is an Australian-based multinational corporation that is one of the largest providers of commercial explosives and blasting systems to the mining and infrastructure markets, a global leader in the provision of ground support in mining and tunneling, and a leading supplier of sodium cyanide for gold extraction. The company operates in more than 50 countries worldwide and serves customers in more than 100.
Initially formed over 130 years ago as Jones, Scott and Co., a supplier of explosives during the Victorian gold rush, the company was bought by Nobel Industries. Nobel later merged with several British chemical manufacturers to form Imperial Chemical Industries. In 1928, Imperial Chemical Industries of Australia and New Zealand (ICIANZ) was incorporated to acquire and coordinate all the Australasian interests of ICI Plc.
In July 1997, ICI Australia became an independent Australasian company after its parent company, ICI Plc, divested its 62.4 per cent shareholding in the company. As a result of the selldown ICI Australia was required to change its name and on 2 February 1998 became known as Orica.
In 2010, Orica successfully demerged Dulux Group leaving the company to focus on the provision of services to the mining, construction and infrastructure industries.
In November 2014, Orica Limited announced the sale of its Chemicals business to the Blackstone Group. As announced to the ASX on 2 March 2015, this transaction has now been completed, and the Chemicals business has also announced that it will be trading under the name 'Ixom'.
Orica operates three primary business areas:
Orica is a supplier of commercial explosives and blasting systems to the mining, quarrying and infrastructure sectors. Trade names used for packaged explosives include: Senatel™, Fortel™, Apex™, Amex™, Impact™, Simex™, Powergel™ and Eurodyn™. "Power Gel" was a U.S. Registered Trademark for Hercules Inc. in 1967, but it is now owned by Orica Explosives Technology Pty Ltd.
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Wikipedia