Cement News tagged under: Sri Lanka Cement Corp

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Sri Lanka: government acquires KKS Cement

26 November 2014, Published under Cement News

Lanka Cement Plc, a subsidiary of Sri Lanka Cement Corp, announced that the Defence Ministry has taken measures to acquire the property of Lanka Cement PLC located at Kankesanthurai, Jaffna, Sri Lanka. This includes land to the extent of 104 acres and buildings. Due to the acquisition Lanka Cement has requested compensation for land and building from the Ministry of Defence. Kankesanthurai Cement was created in 2011 out of the merger of the debt-ridden government-owned Sri Lanka Cement C...