Cement News tagged under: Sri Lanka

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Sri Lankan minister deplores political border tax policy on cement

18 September 2019, Published under Cement News

Sri Lanka's finance minister, Mangala Samaraweera, has spoken out against the country's cement prices being higher than more developed markets in south Asia, requesting that the border tax policy needs to be depoliticised to benefit consumers. "Our export sector has been crippled by para-tariffs caused by businessmen influencing politicians," Mr Samaraweera told the opening of the Ceylon Chamber of Commerce Economic Summit. "This has also led to large increases in prices. For example, last...

INSEE Cement quarry identified for MSW project

11 September 2019, Published under Cement News

INSEE Cement of Siam City Cement (Lanka) Ltd is being asked to provide land for the Metro Colombo Solid Waste Management (MCSWM) project in Aruwakkalu, Sri Lanka. The proposed site has been identified and is located adjacent to the railhead of the limestone quarry in Aruwakkalu, Puttalam. The government envisages implementing a sanitary landfill using the abandoned and worked-out limestone quarry pits in to dispose about 1200tpd of municipal solid waste (MSW). The area under the landfill w...

CG Cement plans new plant in Sri Lanka

30 July 2019, Published under Cement News

Nepal’s CG Cement has announced plans to invest US$150m to set up a new plant in Mannar, Sri Lanka. According to Binod Chaudhary, owner of the company, it has already received approval for the project. "I have got the green light from the government and we have already identified several limestone deposits in the province to make cement locally," said Mr Chaudhary. "Currently Sri Lanka imports around US$350m worth of cement and clinker and I want to help stop this Forex drain." CG Cement r...

Foreign cement vessel yet to be salvaged in Sri Lanka

29 July 2019, Published under Cement News

The general cargo vessel Sri Lanka Glory, which brought cement clinker to Sri Lanka and later ran aground at Rumassala, Galle, southern Sri Lanka, due to inclement weather last week, is yet to be salvaged. The vessel met adverse weather after offloading clinker for a local cement plant and anchoring at the outer harbour. The Indian owner of the vessel is likely to send a group of marine experts to Sri Lanka soon to explore the possibilities of salvaging the vessel. Earlier, according to...

INSEE Cement Sri Lanka launches its Sustainability Report 2018

25 July 2019, Published under Cement News

INSEE Cement Sri Lanka has launched its first Global Reporting Initiative (GRI) by releasing its inaugural Sustainability Report 2018. Sudashini Christopher, company communications and reputation manager said, "Launching this inaugural report is our first step towards accountability and transparency of our sustainable practices." INSEE Cement Sri Lanka's investments in expansion, modernisation, R&D facilities and environmental performance improvements amount to US$47m since investing in S...

Sri Lanka-based Lanwa Sanstha Cement Corp orders two MVR mills

18 July 2019, Published under Cement News

Lanwa Sanstha Cement Corp (Pvt) Ltd has awarded Gebr Pfeiffer SE the contract for two MVR cement mills for its plant in Sri Lanka. The two grinding facilities consist of an MVR 5000 C-4 each, producing 180tph of OPC, ground to a fineness of 4000cm2/g according to Blaine. The core components of the plants will be supplied by Gebr Pfeiffer SE in Europe while Indian subsidiary Gebr Pfeiffer (India) Pvt Ltd will supply most components and provide the engineering. It will also provide the sta...

Nandana Ekanayake named new CEO of Siam City Cement (Lanka)

24 May 2019, Published under Cement News

Sri Lankan cement producer Siam City Cement (Lanka) Ltd (SCCLL) INSEE Cement) has appointed Nandana Ekanayake as its chairman. He will also continue its current position as CEO of the company. Mr Ekanayake was the finance director and head of divestment projects at Siam City Cement (Vietnam) prior to taking up the position as CEO in Sri Lanka in March 2017. He has gained considerable experience in mergers, expansions and acquisition projects. In addition, Anuttara Panpothong and Mark Schmi...

Tokyo Cement Co (Lanka) Plc is established

03 April 2019, Published under Cement News

Sri Lanka’s Tokyo Cement Co (Lanka) PLC board of directors have completed the amalgamation of Tokyo Super Cement Co Lanka (Pvt) Ltd, a fully-owned subsidiary company, with Tokyo Cement Co (Lanka) PLC (TCCL). The name of the amalgamated company is now Tokyo Cement Coy (Lanka) PLC. All Tokyo Super Cement Co Lanka (Pvt) Ltd shares representing the stated capital of the company will be cancelled without payment or any other consideration and TCCL will succeed to all the assets and liabilities o...

INSEE Ecocyle Lanka launches Ecocycle Environmental Services

12 February 2019, Published under Cement News

Insee Cement's subsidiary INSEE Ecocyle Lanka is launching an eco-friendly service called Ecocycle Environmental Services  to collect and process waste from industries around the Biyagama Export Processing Zone, Sri Lanka. INSEE Ecocycle has established a range of much needed industrial waste management services, including laboratory services, e-waste management, emergency response, training and consultancy, specialised logistics, sought after by corporate customers for sustainability endea...

Chinese manufacturer to enter Sri Lankan market

22 January 2019, Published under Cement News

A Chinese cement manufacturer will set up a plant in the Hambantota Export Processing Zone, Sri Lanka, according to Nalin Bandara, deputy minister of Development Strategies and International Trade. Although the name of the manufacturer has not been released, it is the first time that a Chinese manufacturer has entered the country's market. "Since most of the regional markets have large cement manufacturers, this Chinese company would mainly concentrate on Sri Lankan markets," said Mr Banda...