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Orica Plans Ammonium Nitrate Capacity Expansion in Australia

2:08 AM MDT | June 21, 2010 | Deepti Ramesh

Orica, in a statement to the Australian Securities Exchange, says it plans to expand ammonium nitrate production capacity at the company’s plant at Kooragang Island, New South Wales, Australia by 320,000 m.t./year, to bring the total capacity to 750,000 m.t./year. The preliminary estimate of total cost for the expansion is about A$600 million-A$750 million ($531 million-$664 million), Orica says. The company will initially invest A$75 million to progress engineering planning. The approval for the proposed plant expansion has been obtained from the New South...

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