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Deer Park land sale finalised, Orica’s business continues to thrive

The initial phase of the surplus land sale in Deer Park, Victoria, to UniSuper has been finalized for $260 million, meeting all conditions and completing cash settlement, involving about 66 hectares, roughly half of Orica’s total surplus land holdings in the area.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.