Midas Touch

CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

Haycarb, the 68 percent owned subsidiary of the conglomerate Hayleys Group, plans to set up shop in Indonesia, while a surge in world gold prices swells its bottomline. Haycarb, the 68 percent owned subsidiary of the conglomerate Hayleys Group, plans to set up shop in Indonesia, while a surge in world gold prices swells its bottomline.

Haycarb, which makes and exports coconut shell charcoal
based activated carbon, presently commands a 60 percent world market share with
operations in Sri Lanka and Thailand.

 


Global demand for
activated carbon mainly comes from the gold recovery and the water
purification industries. Hayca

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