Penrice Soda Holdings Limited is an Australian public company. It holds leading positions in the supply of soda ash, sodium bicarbonate, quicklime and limestone in its domestic market and exports sodium bicarbonate to 25+ nations.
Headquartered in Osborne, (Adelaide) South Australia, it has been listed on the Australian Securities Exchange since 2005, while the Company’s origins date back to 1935.
In the face of increasingly difficult domestic trading conditions and increasing costs for its soda ash business, Penrice has embraced a transformation strategy which saw it close its soda ash production facility at Osborne in June 2013. The supply of Soda ash for Penrice’s requirements for Sodium bicarbonate production is now provided through the importation of North American Soda ash. The supply of Soda ash to the domestic market will be facilitated through Penrice’s participation in a Joint Venture with SASS Victoria Australia Pty Ltd. The new joint venture is called Pro Asia Pacific.
Today, Penrice is the only manufacturer in Australia and South East Asia of sodium bicarbonate, which is now the prime focus of the Company. Sodium bicarbonate demand globally continues to grow and develop; especially in the Asia Pacific region where demand for Penrice Sodium bicarbonate outstrips the capacity of the plant. Penrice is also a significant supplier of limestone and civil construction materials. Key end-users of Penrice products throughout Australia and overseas include world majors in glass manufacturing, mining, food, animal feed, medical care organisations and large locally based infrastructure projects.
With the closure of the Soda ash plant, Penrice has leveraged its lime kilns with quality limestone at Angaston to produce new high growth product, Quick lime.
Penrice’s strategy is to build on its reputation as a reliable and quality supplier, using its expertise and technology to build share in higher value markets and to penetrate new high growth markets while improving operating efficiencies. It is now better positioned to utilise domestic and global supply chain offerings to the benefit of all stakeholders.