Category: Trade

Feb 28, 2008 (LBO) – Sri Lankan coconut-shell-based activated carbon maker Haycarb says it plans to sell face masks in overseas markets in Asia with dense populations and growing air pollution problems. Haycarb managing director Ananda Hettiarachchy said the masks, developed for use by Sri Lankan urban and rural consumers, had become “quite popular” and […]

Feb 18, 2008 (LBO) – Sri Lanka’s rubber gloves exporter Dipped Products Ltd. (DPL) has announced plans to enter the Indian market in partnership with Delhi-based import firm Optimum Marketing Metrics (OMM), news reports said Monday. The company, a unit of the Hayleys conglomerate, hopes to sell industrial and household gloves through big retail chains. […]

Feb 11, 2008 (LBO) – Sri Lankan exporters should secure their shipments not only because of security but because product liability and food safety are growing concerns in western markets, a container security expert says. New global container security initiatives, which emerged as a response to terrorist threats, are now not only limited to security, […]

Dec 12, 2007 (LBO) – Ceylon Cold Stores has invested 800 million rupees to expand its carbonated drink making line to increase production and introduce different pack sizes to compete with other producers. The company says its ice cream has also captured half the market share in Maldives while soft drinks are exported to Europe, […]

Dec 11, 2007 (LBO) – Ceylon Glass Company (CGC) has begun production at its new plant in Horana, south of the capital Colombo, which can meet Sri Lanka’s entire demand for glass containers and export as well. Ceylon Glass chief executive Sanjay Tiwari said the second production line would start next week and that they […]

Dec 07, 2007 (LBO) – Sri Lankan tableware exporters Dankotuwa Porcelain has said it is shifting strategy away from mass production to focus on specialty designs for niche markets. The move is in response to growing competition from cheaper manufacturers in other Asian origins, especially those with access to cheap energy. “It is impossible to […]

Oct 18, 2007 (LBO) – Ceylon Glass Company Thursday announced net profit for the quarter ended September 30 rose 29 percent to 44.6 million rupees and that exports were doing well. The company’s interim results released to the Colombo bourse showed revenue for the quarter increased to 504 million rupees from 421 million in the […]