Explosives manufacturer Orica (ASX:ORI) is currently managing a series of ammonia supply disruptions triggered by an outage at a third-party plant in Western Australia and an unplanned interruption at its own Kooragang Island facility in New South Wales.
Despite the dual technical setbacks, the company confirmed it is actively securing alternative supplies through its global manufacturing network and existing inventory to maintain seamless service for its clients.
Orica technical teams expect the Kooragang Island issue to be resolved shortly; consequently, the firm does not anticipate a material financial impact from the incidents and will continue to monitor the situation as operations return to standard capacity.
At the time of reporting, Orica’s share price was $19.11.