INSEE Cement appoints new CEO
Sri Lanka’s INSEE Cement has appointed Jan Kunigk as its new chief executive officer, effective from 1 January 2023. Mr Kunigk replaces Nandana Ekanayake, who is retiring fro...
Sri Lanka
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Tokyo Cement posts 34% rise in revenue
Sri Lanka-based Tokyo Cement saw turnover advance 34 per cent YoY to LKR30,317m (US$82.5m) in the six months ended 30 September 2022. However the group reported an exchange l...
INSEE Cement extends biodiversity MoU with IUCN
Sri Lanka’s largest cement producer, INSEE Cement , has entered into a Memorandum of Understanding (MoU) with the International Union for Conservation of Nature and Natural Re...
Tokyo Cement Co (Lanka) sees 76% increase in 2Q revenues
Tokyo Cement (Co) Lanka plc posted a 76 per cent YoY increase in revenues to LKR11,442m (US$31.8m) in the three months ended 30 June 2022 (2QFY22-23). In the equivalent quart...
Tokyo Cement reports 31% jump in turnover
Tokyo Cement has reported a 31 per cent YoY increase in turnover to LKR16,158m (US$45m) in the fourth quarter of its financial year, ending 31 March 2022. Compared to the sam...
Lanwa Cement Corp inaugurates Hambantota plant today
Sri Lanka’s President Gotabhaya Rajapaksa is expected to open Lanwa Sanstha Cement Corp (Pvt)’s 4Mta in the Mirijjawila Export Processing Zone of Hambantota today. The cement...
INSEE Ecocycle inaugurates pyrolysis plant at Puttalam factory
As a key milestone of its sustainable waste management journey, INSEE Ecocyle has launched its latest state-of-the-art pyrolysis plant at the company’s Puttalam cement plant, ...
Tokyo Cement (Lanka) reports 20% increase in revenues
Tokyo Cement Group reported a 20 per cent advance in its turnover to LKR13.771bn (US$68.1m) for the third quarter ended 31 December 2021 when compared with LKR11.456bn in the...
Sri Lanka back on track for growth?
This Week, Tokyo Cement Co (Lanka) laid the first foundation stone for its 1Mta modernisation project at its Trincomalee factory, commissioning in early 2023. ICR reviews local...
Siam City Cement Group signs biodiversity MoU with IUCN
Siam City Cement Group (SCCC Group) and the International Union for Conservation of Nature (IUCN) have extended their partnership for another three years by formalising a new...