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Ridley Corporation Profile

Ridley Corp, Ltd. engages in the manufacture and production of stockfeed; and refining of salt for food and industrial markets in Australia. The company’s 69% owned subsidiary, Ridley, Inc. manufactures stockfeed in North America.

Divisions

The company operates in three divisions: AgriProducts, Cheetham Salt, and Ridley, Inc.

AgriProducts Division

Ridley AgriProducts is a 100% owned subsidiary of Ridley Corporation. It engages in the production and marketing of stock feed products in Australia. Its brands include Barastoc, Supastok, Fielders Farm, Cobber, and Ridley Aqua Feeds. It operates 20 stockfeed mills and two supplement blocking plants around Australia that produce a range of feeds for the beef, dairy, pig, poultry, horse, sheep, petfood and marine industries.

The operations of the Agriproducts division include:

Stockfeed: Ridley AgriProducts produces approximately 1 million tonnes of compound animal feeds annually. The company’s network of feedmills across Australia provides livestock producers with access to a range of bulk and bagged stockfeed products.

These products are marketed under brands, such as Barastoc, Supastok, and Fielders Farm. Compound feeds are manufactured and distributed to various commercial livestock operations, including poultry, pigs, dairy and beef cattle, horses, sheep and goats, in addition to smaller and emerging animal industries.

Supplements: Ridley AgriProducts produces a range of blocks and concentrates, manufactured in Eastern and Western Australia under the Rumevite and Fosforlic brands. Rumevite pressed blocks and molasses performance blocks are complimented by a range of Fosforlic salt blocks and loose mixes. Medicated blocks for the prevention of grass tetany and bloat are also marketed under the Rumevite brand.

Ridley AgriProducts manufacture a range of concentrates and loose mixes, designed to be fed ad-lib or mixed with a feed base, such as grain or molasses. Rumevite concentrates are produced for pasture fed and feedlot cattle, dairy cattle, horses, sheep and goats. Special formulations are developed for stud stock.

Ridley AgriProducts also manufacture controlled release trace element devices. Selenium pills, cobalt pills and magnesium capsules are all designed to assist in the management of trace mineral deficiencies in sheep and cattle.

Aquaculture Feeds: The company manufactures diets for all aquaculture species farmed in Australia. Its Aquafeed range of products include steam pressed pellets for trout, prawns, red claw and yabbies and extruded pellets for Barramundi, Trout, Silver Perch and Atlantic and Pacific Salmon. As part of its ongoing Research and Development program, Ridley Aqua-Feed develops diets.

Animal Health: CCD Animal Health provides services to livestock industries. It distributes a range of animal health products, including medications, disinfectants, insecticides, and related application equipment.

Export: Ridley AgriProducts offers its products to approximately 25 countries. Companion products, such as dogfood are being sold into the Middle East and pastoral products to Europe.

Cheetham Salt Division

Cheetham Salt Limited, a wholly owned subsidiary of Ridley Corporation Limited, produces and refines salt for food and industrial markets in Australia.

Cheetham Salt's associate companies include Salpak throughout Australia, Western Salt Refinery in Western Australia, Dominion Salt and Cerebos-Skellerup in New Zealand and PT Cheetham Garam in Indonesia. Cheetham Salt distributes salt throughout Australia, South East Asia and the Pacific Region. Cheetham’s major brands include: Saxa, Cerebos, Mermaid, Kooka, and Crown.

The company’s offerings include:

Natural Sea Salt: Cheetham Salt Limited produces naturally evaporated solar sea salt. Its sea salt is washed, dried, sieved and graded to give particle sizes.

Retail Salt: Cheetham Salt produces salt in small packs for household use. Cooking and Table salt is distributed within Australia by ‘Salpak’, a joint venture company formed between Cerebos (Australia) and Cheetham Salt. Brand names include Mermaid, Cerebos, Saxa, Kooka.

Vacuum Salt: Cheetham Salt Limited sells vacuum evaporated salt.

Water Softener Salt: Cheetham Salt produces the salt crystals that are needed for water softening, including Crown HG or Diamond Watersoftener Salt. Naturally occurring salt water and solar evaporation are the basic ingredients of Crown HG or Diamond Watersoftener Salt.

Swimming Pool Salt: Cheetham Salt provides swimming pool shops / dealers with the product packed under the shop / dealers own brand. It is available in 25 kg bags. The brand names include Aqua Health Swimming Pool Salt, Poolrite Swimming Pool Salt, Poolmart Swimming Pool Salt, Sunray Swimming Pool Salt, Diamond Crystal Pool Salt, Aquamaid Pool Salt, Kelly's Pool & Spa, Tru Pools, Cool Pools Swimming Pool Salt, Pool Resources Pool Salt, Aquachlor, Lincoln Pool Salt, Swimbaden Pool Salt, Dolphin Pool Salt, and Paramount Pool Salt.

Bulk Industrial Salt: Cheetham Salt produces ‘solar evaporated’ salt. Naturally occurring salt water and solar evaporation are the basic ingredients of Cheetham products, from the pristine Southern Ocean feeding the salt fields of South Australia to the Pacific Ocean feeding the fields of Queensland.

Stock Feed Salt: Cheetham Salt offers:

RAM (Right Animal Mix) Crushed Coarse No1 Salt, which is a coarse grained stockfeed salt suitable for providing salt ‘free choice’.

RAM Dried Fine No2 Salt, which is a Kiln dried, refined salt with a smaller crystal size for the formulation of feedlot rations, concentrates and pet foods.

RAM Dried Fine No2 Salt (Iodised), which is a Kiln Dried, refined small grain salt with added iodine to a typical level of 100 mg iodine per kilogram of salt.

Ridley, Inc. Division

Ridley, Inc. engages in the manufacture and distribution of formulated animal feeds and animal health products in North America. It markets a range of feed rations, nutritional supplements, feeding blocks and vitamin/mineral premixes directly to livestock producers and through dealer organisations from 41 production plants in Canada and the United States. Ridley markets its feed products under various brand names, including Feed-Rite, Hubbard, Wayne Feeds, Vigorena, Protein Blenders, Crystalyx, Zip, Farmix, Quality Feeds, Green Valley Feeds and Daco Western Canada.

The activities are conducted through Ridley's principal international operating divisions of Feed-Rite Division, Hubbard Feeds Inc., and Ridley Block Operations.

History

Ridley Corp, Ltd. was incorporated in 1987.

Country
Industry:
Grain mill products
Founded:
1987
IPO Date:
01/02/1992
ISIN Number:
I_AU000000RIC6

Contact Details

Address:
565 Bourke Street, Level 4, Melbourne, Victoria, 3000, Australia
Phone Number
61 3 8624 6500

Key Executives

CEO:
Hildebrand, Quinton
CFO
Betts, Richard
COO:
Data Unavailable