Sri Lanka: over 2Mt of Ital cement sold locally

Sri Lanka: over 2Mt of Ital cement sold locally
Published: 01 October 2008

The Italcementi Group, one of the largest private cement producers in the world; in fact the fifth largest, completed 10 years of operations in Sri Lanka.

The Italcementi Group, one of the largest private cement producers in the world; in fact the fifth largest, completed 10 years of operations in Sri Lanka, having sold over 2Mt of cement during this period.

The Italcementi Group commenced operations in Sri Lanka in April 1998 as a BOI company with the objective of introducing advanced concepts for cement imports via a Floating Cement Silo Vessel (FCSV) for the handling, storage, packing and distribution of its cement.

The company known locally as International Cement Traders (Pvt) Ltd (ICT) markets its own brands of cement, available both in bulk as well as in 50 kilo bags which conform to international and national standards, namely Singha and Italcementi both of which have fast gained popularity amongst local consumers.

Managing Director of ICT, Colin Nelson, said they were proud of their achievement and looked forward to selling the next 1Mt in record time.

"In fact Singha cement has been awarded the ISO 9000 certification as well" said Nelson.

Along with their 10th anniversary celebrations, ICT also took the opportunity to felicitate three members of staff who had been with the company since inception, namely Marketing Manager Felix Thomas, Kanchana Bandara of the Accounts Department and R.L. Priyantha in Administration.

"It is heartening to note that in today’s context where movement of staff is high and loyalty hard to come by, ICT has three members of staff amongst its cadre of 100, who have been with the Company through thick and thin" said Nelson, who added that they had been fittingly rewarded.

He also said that the following year would see a total of a further 15 members of staff who would have completed ten years service.

He said that ICT would be installing a new state of the art packing plant by the end of October at a cost of INR50m. This will enable us to better fulfill the increasing demands of our current customers as well as our ever increasing customer base."

ICT currently operates and maintains a land based terminal at Peliyagoda equipped with the necessary technology to receive its stores and handle both Bulk as well as Bagged cement in the most efficient manner. A total of 109 employees and a strong dealer network complement ICT’s local operations.