Cement News tagged under: Sri Lanka
Tokyo Cement launches ERP system16 May 2018, Published under Cement NewsTokyo Cement Company (Lanka) PLC has fully integrated its Enterprise Resource Planning (ERP) ssytem throughout its business unites. Providence Global supplied the ERP solution across Tokyo Cement's network of facilities including the main cement manufacturing plant located in Trincomalee, Sri Lanka, the ready-mix concrete manufacturing plant network, bulk cement import operations terminal and biomass power generation units, fully integrating supply chain management and warehouse operation... |
INSEE Cement launch skilled development programme01 May 2018, Published under Cement NewsINSEE Cement is investing approximately LKR2.2m (US$13,900) to support one of the biggest industry-entrepreneurial development projects introduced in Sri Lanka to strengthen the construction practices. According to media, in this pioneering initiative, National Enterprise Development Agency (NEDA ) of Sri Lanka is partnering with INSEE Cement to provide new skills and distribute latest industry and masonry technologies practised around the world to 4400 Lankan construction workers and maso... |
Price rise granted for INSEE and Tokyo Cement05 March 2018, Published under Cement NewsThe Sri Lanka Consumer Affairs Authority (CAA) today (Monday) has allowed INSEE Cement (formerly Holcim Lanka) and Tokyo Cement to increase the price of a 50kg bag of cement by LKR3 (US$0.019) with effect from last Wednesday, reports the Sri Lankan Sunday Times. The Ministry of Industry and Commerce had given consent to the two companies to increase the cement price subject to the approval of the CAA. INSEE and Tokyo Cement had requested to increase the price, citing high costs of importe... |
Sri Lanka consumption down by 29% in October11 January 2018, Published under Cement NewsCement sales in Sri Lanka fell 29.2 per cent YoY to 566,000t in October, according to the Central Bank of Sri Lanka. The drop follows a gain of 30.6 per cent YoY to 763,460t in September after falling for three consecutive months until August. In 8M17 sales reached 1.942Mt, down 9.1 per cent when compared with the equivalent period of the previous year. However, the bank’s governor, Dr Indrajit Coomaraswamy, said the decrease was nothing more than a blip and does not imply that the co... |
Contractor wins LKR1m worth of Insee Sanstha cement10 January 2018, Published under Cement NewsThe grand prize of the ‘Athek Barata Cementhi’ campaign by Insee Cement has been won by a contractor based in Meerigama, Sri Lanka. Chandika Rajapakshahas has received the prize of LKR1m (US$6,501) worth of Insee Sanstha cement in a competition designed to reward loyal customers, reports the Daily Mirror. Alongside this, 45 other winners received LKR50,000 worth of Insee Sanstha cement in a daily draw. "INSEE Sanstha is blended cement with a long-standing legacy. One in every three houses ... |
Rise in cement consumption prompts expansion plans in Sri Lanka05 January 2018, Published under Cement NewsCement consumption in Sri Lanka increased by 25.3 per cent YoY in 2016, to 7.99Mt from 6.37Mt. While local cement production also rose by 17.8 per cent to 2.69Mt from 2.28Mt in 2015, imports increased 29.5 per cent to 5.29Mt from 4.09Mt in 2015. This growth in consumption has prompted an expansion plan by Tokyo Cement Company Lanka Plc. In 2017 the company invested over LKR7.3bn (US$47.6m) to increase domestic production by 1Mt. Although no time frame has been announced, the company is al... |
Insee Cement launches competition23 November 2017, Published under Cement NewsInsee Cement has launched a competition for customers who buy Sanstha Cement. The ‘Jumbo’s weight of cement’ competition offers the chance to win LKR50,000 (US$325) worth of Sanstha Cement in a daily draw. The grand prize is an ‘elephant’s weight of cement’, worth LKR1m according to the Daily Mirror. The daily draw will be open for 45 days. "People from lower and middle income families of the individual house builders segment of the consumer segment often find it financially difficult to e... |
Insee Cement wins two green awards16 November 2017, Published under Cement NewsInsee Cement (Siam City Cement group) secured two prizes for fostering green production processes and a culture of environmental sustainability, at the Presidential Environmental Awards 2017. Insee Cement’s Ecocycle received a Bronze award in the solid waste management category and the Puttalam cement plant also was awarded the Bronze in the Chemical Industry Sector. Siam City Cement (Lanka) Ltd CEO, Nandana Ekanayake, said: "We are delighted that Insee has been recognised by the Centra... |
Tokyo Cement makes settlement over brand name24 October 2017, Published under Cement NewsTokyo Cement Company (Lanka) PLC agreed to a settlement over a suit filed against Ruhunu Lanka Cement (Pvt) Ltd in the Commercial High Court of the Western province, Sri Lanka. Tokyo Cement alleged infringement with regard to the similar trade names of the brands that the two companies distributed under. The plaintiff’s company, Tokyo Cement, distributes under various brands including Tokyo Super, Mitsui and Nippon. The company stated that it was in joint venture with Japan’s Mitsui Mining... |
INSEE lay foundation stone for Galle grinding station29 September 2017, Published under Cement NewsThe foundation stone has een laid for INSEE Cement's new vertical mill that will be the main part of the company's US$14m grinding plant in the port of Galle, Sri Lanka. INSEE Cement CEO, Nandana Ekanayake, said: "The new plant will be the first vertical cement grinding plant in the southern province and also for the company. It is the company’s first big investment since the acquisition in Sri Lanka by Siam City Cement Public Company. This is another milestone in our ambitious mission to... |