Penrice signs Soda Ash supply contract with SASS Victoria

Penrice will continue to operate its kilns at its Osborne chemical facility to provide the necessary carbon dioxide to the sodium bicarbonate plant. In this process, Penrice will produce lime for sale in commercial quantities for the first time and plans are well advanced to enter this large and growing Australian market.

Penrice and Ridley

Penrice and Ridley Corporation are parties to a long term ‘take or pay’ supply agreement for supply of salt to Penrice’s soda ash plant. When the plant is closed, Penrice’s requirements for salt will cease. The parties are working together constructively to manage the plant closure impact in a manner which advances the best interests of both parties.

Penrice CEO, Guy Roberts said that, “Penrice is confident of reaching a mutually agreeable outcome, recognising that whilst it wishes to exit the supply agreement, Ridley has already announced its reactivated plan to develop the Dry Creek salt fields for residential purposes.”

About Penrice

Penrice Soda Holdings Limited is Australia’s only manufacturer of soda ash and sodium bicarbonate and one of the world’s largest sodium bicarbonate marketing companies. It also operates a limestone mine, supplying industrial minerals and civil products.

About SASS

SASS is a subsidiary of Soda Ash Holding BV, a Dutch Holding Company, that controls a number of soda ash distributors globally, making it the world’s largest independent distributor of soda ash per year, reselling over 1 million tonnes of soda ash throughout South America, Russia, Ukraine and CIS countries and elsewhere.

Penrice Soda Holdings