Stock story

About the company

Orica Ltd produces industrial and specialty chemicals, polyethylene, surface coatings for vehicles, food and beverage flavouring, along with explosive and blasting services for mining and construction.

Why we like it

We believe Orica has a market leading position in explosives and initiating systems and is supported by an improving supply-demand outlook for explosives. Orica’s management continues to drive growth through its product mix and premiumisation, with a strong focus toward understanding customer needs and leveraging technology. Orica is well positioned to capitalise on attractive industry structures, and strong demand in mining end-markets.