A flick through ASX midcap chemical shares

By - Aditi Sarkar

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Highlights

  • Australia’s chemical industry comprises over 5,000 businesses.
  • Last month, Orica entered a binding agreement for a highly strategic acquisition.
  • During the first half of FY22, Nufarm announced a 4cps dividend per share.

The chemical industry of Australia comprises nearly 5,500 individual businesses. It includes small family-owned native companies to multinational firms. The sector contributes more than AU$38billion to gross domestic product (GDP).

Chemicals are an indispensable part of every sector ranging from food production to clean drinking water, infrastructure development, mining, and the energy and health sector.