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Orica (FRA:ICA) Other Assets for Insurance Companies


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What is Orica Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Orica (FRA:ICA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orica Ltd (FRA:ICA) » Definitions » Other Assets for Insurance Companies
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Address
1 Nicholson Street, Level 3, East Melbourne, Melbourne, VIC, AUS, 3002
Orica is a leading global manufacturer and supplier of chemicals and explosives, primarily to the mining industry. It has operations in 50 countries across six continents. Mining services is the lone growth engine now that the chemicals business has been sold. Orica has an approximate 28% share of the global commercial explosives market. It provided resins, steel bolts, and other products for underground mining and tunneling though this business is now sold. It also supplies chemicals such as sodium cyanide to the mining industry.