LBO Home IndoChina | About Us | To Advertise | Contact Us rss LBO Mobil
Fri, 25 April 2014 13:17:28
Sri Lanka Chevron unit to shift blending plant
07 Dec, 2012 19:05:25
Dec 07, 2012 (LBO) - Sri Lanka's Chevron Lubricants Plc, the island's market leader, said it will shift a blending plant to an industrial estate by July 2014 at an estimated cost of 15 million US dollars.
Chevron Lubricant, a privatized unit has facilities on state land.

The firm said it is gettubg 4.5 acres from Lanka Industrial Estates Ltd (LINDEL) on a 30-year renewable lease in Sapugaskande, for the plant, the firm said in a stock exchange filing.

Funds for the relocation will be internally generated.

.
Bookmark and Share
Your Comment
Your Name/Handle
Your Email (Your email will not be dispalyed)
Location
Country
Your Email
Receivers Email
Your Comment