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COMPANY PROFILE

The BENEDICT Industries Pty Ltd group of companies is a Sydney based, family owned and managed Mining, Resources and Recycling Company. Established in 1966, it grew from a Haulage Contractor to becoming one of the largest resellers of Quarried materials in NSW. In 1978 the Company expanded into mining by acquiring a large sand resource at Chipping Norton (which it extracted until 1999) and thereupon embarked on a course of expanding its resource base that continues today. The Company continues to seek to acquire and develop new deposits for extraction throughout the Sydney region, as well as increasing its market share in Waste & Recycling. 

Since 1991 BENEDICT has acquired Menangle Sand and Soil Pty Ltd and Warringah Gravel and Stone Supplies Pty Ltd, established BENEDICT Recycling Pty Ltd, established Glass Granulates Pty Ltd, established Mittagong Sands Pty Ltd, Mittagong and Cowra Quartz Quarries (both a 50/50 Joint Venture with Rocla Pty Ltd), and established Appin Sands at Appin (a 50/50 Joint Venture with Pacsons Quarries) to achieve our goal of supplying a comprehensive range of Sands, Soils, Sandstone, Decorative Aggregates and Recycled products direct from Company owned Operations.


A list of current operations follows:

BENEDICT Sand & Gravel
Major wholesaler / retailer of quarried, recycled and landscaping products from both Company owned and external quarries, with an in-house distribution and delivery network, delivering to the greater Sydney Region and NSW Country. 
 
BENEDICT Sands - Moorebank
Approved two million tonnes of washed concrete and asphalt sand. Commenced operation October 1997. Excavation Sands are also received and reprocessed for resale.
 
Benedict Sands - Menangle
Sand and Soil extraction and processing. Sydney's largest supplier of soils, special golf course and bowling green blends, garden mixes and specialised sands. Controls more than 80% of Sydney’s approved topsoil reserves.

Benedict Sands - Belrose
This Sandstone quarry has operated since 1966. Products include; screened sands, recycled aggregates, road bases and garden mixes. Additionally it serves as a transfer station feeding the Benedict Recycling plant at Chipping Norton.
 
BENEDICT Engineering Works -Chipping Norton
The Engineering and Construction Division, has constructed a variety of material processing plants for the Company.
 
Mittagong Sands Pty Ltd - Mittagong 
This is a joint venture with Rocla Pty Ltd producing concrete & brick sand for Southern Highlands, South Coast and Metropolitan Sydney. Established December 2000. Reserves 30 years plus.

Cowra Quartz (Joint Venture) - Cowra
Also a 50/50 Joint Venture with Rocla Pty Ltd producing high quality decorative white and gold quartz pebble as well as coarse and fine washed sands. Reserves of 30 years plus.

BENEDICT Recycling Pty Ltd - Chipping Norton
The main recycling facility is located at Riverside Road, Chipping Norton. This resource recovery industry cluster development commenced operation in March 2008. Feedstocks such as construction and demolition materials, commercial and industrial wastes as well as residues from other recycling facilities are sorted with the assistance of optical sorting and wind separation technologies. These have been adapted by the Company to dramatically improve recovery efficiencies. The successful application of these technologies will mean that significant amounts of wastes, otherwise destined for landfill, will now be economically recovered for use as inputs into other manufacturing businesses, which will be co-located on the site. We commenced exporting materials to Asia in May 08.
 
The facility is supported by transfer stations at Belrose, Rydalmere & Alexandria.
Future developments planned for the site include the generation of over 5 Megawatts of renewable energy powered by fuel manufactured from wood sorted from the waste stream. This will include renewable energy and heat harnessed for use on site, as well as exported to the grid.


Glass Granulates Pty Ltd  - Moorebank
Feedstock for this facility is some of the 100,000 tonnes per annum of recycled glass from kerbside collection that is rejected from sorting plants that remanufacture recycled glass back into glass containers.

These materials were previously sent to landfill but this processing plant cleans out contaminants such as plastics, paper and metal lids and caps prior to crushing and sizing to manufacture a high grade sand substitute. Work undertaken with the Department of Environment and Climate Change (DECC) has confirmed the chemical and physical properties of the product as being suitable for unrestricted use. 

Sydney Water has developed an engineering product specification (EPS) based on this reprocessed sand substitute for use as a high grade compaction sand. Other applications for the product include abrasive mediums, filter mediums and specialised mixes.

Appin Sands Quarry - Appin
This Joint Venture with Pacsons Quarries produces washed sands, brickie sands, soil blends and sandstone aggregates. It contains some 20 years worth of reserves.

 
DIMENSIONS
Across the group, the business has an annual turnover of over $50 million and employs more than 150 staff and sub-contractors in Head Office and work site locations. We believe that with approved reserves at it's various sites in excess of 30 million tonnes and new resources being continually sought, the Company expects to play an even larger role as supplier of recycled, quarried and blended products to the Greater Sydney Region in the future.

 
THE MARKET
The quarrying and reselling sectors continue to remain extremely competitive, with tight margins for most businesses. 

BENEDICT Industries, through both its own associated quarries and many varied external sources, supplies both large and small construction and contracting firms as well as major concrete and asphalt producers and government instrumentalities. The Company expects to continue this focus on its core markets.

BENEDICT Industries occupies the highest market share of the privately owned suppliers and resellers of quarried and recycled materials and products in NSW.