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Penrice Soda Products

Penrice Soda Products (ASXPSH) was a company listed on the Australian Securities Exchange, named after its quarry near the small town of Penrice, South Australia. It was placed in liquidation in August 2014.

Penrice Soda Holdings
Public
Traded asASXPSH
IndustryMining
Founded1935
Defunct2014
HeadquartersAdelaide
Number of locations
Osborne
Penrice
Area served
South Australia
Key people
David Trebeck (Chairman)
Guy Roberts (Managing Director)
Revenue$137.2 million (June 2013)
Decrease $21.4 million (June 2013)
Number of employees
174 (June 2013)
Websitewww.penrice.com.au

Contents

HistoryEdit

Penrice Soda Products was founded by ICI in 1935. It was listed on the Australian Securities Exchange in 2005.[1] It was placed in liquidation in August 2014.[2]

OperationsEdit

In addition to its large limestone and marble quarry just north of Angaston, it had a number of other establishments in South Australia, including the only soda ash production facility in Australia, located on the Port River in the north-western Adelaide suburb of Osborne. On 24 June 2014, Penrice Soda Products announced that it would be closing its Osborne plant.[3]

TransportEdit

Penrice Soda Products was the last company in South Australia to use the broad gauge rail network in South Australia with Genesee & Wyoming Australia operating the Penrice Stone Train from the Penrice Quarry on the Barossa Valley line to Penrice Soda Products' soda ash factory in Osborne. It ceased operating in June 2014 when the Osborne factory closed.[4][5]

 
Looking into the plant from the main entrance.

Soda ash plantEdit

The company's Soda Ash plant at Osborne used steam from the Osborne Power Station, making that establishment Australia's biggest cogeneration facility.[citation needed]

The Soda Ash plant also used salt from the St Kilda lagoons which was (normally) harvested in autumn and piped as a saturated brine solution across the Port River to the plant.

ReferencesEdit

  1. ^ "Annual Report 30 June 2013" Penrice Soda Products
  2. ^ Penrice Soda Holdings Limited Australian Securities Exchange
  3. ^ "Administrators announce closure of Penrice chemical plant" (PDF). Media release. McGrathNichol Corporate Recovery. 24 June 2014. Retrieved 17 July 2014.
  4. ^ Penrice soda ash plant at Osborne closing ABC News 25 June 2014
  5. ^ "Penrice stoney and SBR iron trains cease" Railway Digest August 2014 page 19