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Swisstek Aluminium awarded landmark eco-friendly certification

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Swisstek Aluminium's Quality Assurance Manager, Daham Vidanagama and Manger - Market Development, Gihan De Silva receiving the award from the representatives of Green Building Council of Sri Lanka.

In a victory for both Sri Lanka’s environment as well as its corporate sector landscape, Swisstek Aluminium was recently awarded the GREENSL® Certification by the Green Building Council of Sri Lanka (GBCSL), marking the assurance that sustainability is at the heart of manufacturing its entire range of aluminium extrusion products.

The GBCSL takes the process from extraction of raw materials to the end of the product’s useful life into consideration when certifying companies under this standard, ensuring that only brands with the highest commitment to sustainable practises are recognised accordingly. In this regard, Swisstek Aluminium has also been taking several steps towards achieving more sustainable operations and setting industry standards; for instance, it completed a major solar panel installation at its primary factory last year, severely downsizing its carbon footprint.

Commenting on the company’s achievement, Swisstek Aluminium Chief Executive Officer Tharindu Atapattu stated, “Swisstek Aluminium appreciates that our efforts to make our operations more eco-friendly have been recognised at the national level – it is undoubtedly an honour. But at the same time, in the spirit of our business, we do not plan to stop here. Swisstek Aluminium will continue looking into ways to further ensure that Sri Lanka’s natural resources are preserved well into the future, and dispel the illusion that industry is tied to pollution. Our company has always maintained environmental friendliness as part of our greater vision, and we will continue to do so as we forge ahead.”

In addition to being a viable replacement for limited resources like wood that are used in buildings and furnishings, aluminium’s value as a sustainable product comes from how easily it can be recycled and repurposed once it has reached the end of its use – due to this, close to three-quarters of all the aluminium ever produced is still in use today.

In a country like Sri Lanka – which lost around 13.2% of its total forest cover between 2017 and 2019, and is still seeing further deforestation – such alternatives will play a vital role in ensuring that our national development does not come at the cost of our natural heritage. This ideal forms part of the foundation beneath Swisstek Aluminium, which seeks to maintain eco-friendly processes at all stages of its activities while steadily expanding within the industry, both locally and abroad.

Swisstek Aluminium Ltd., established in 2009, is a subsidiary of Lanka Walltiles PLC which comes under the reputed Vallibel One PLC Group. It has established itself as the leading environmentally-friendly manufacturer of anodised, powder-coated, and mill-finished aluminium extrusions in Sri Lanka, with a reputation for high-quality products, innovation, and commitment to excellence.

The company became the first aluminium manufacturer in Sri Lanka to receive the QUALICOAT – Sea Side Certification for Powder Coated Aluminium. It is also certified under ISO 9001:2015/SLS 1410:2011, and most recently, the GREENSL® Certification by the Green Building Council of Sri Lanka. Swisstek Aluminium has proved its quality and reliability in many industries, such as Hospitals, Apartments, Supermarkets, and Hotels, etc. representing both the public and private sectors of Sri Lanka, in addition to international clients.



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‘Green Chilies’ returns after seven years to reignite Sri Lanka’s advertising industry spirit

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After a seven-year hiatus, one of Sri Lanka’s most loved advertising industry gatherings is making a much-anticipated return. Green Chilies 2026, the iconic festival that once defined the fun, camaraderie and creative spirit of Sri Lanka’s advertising fraternity, returns on 4th June 2026 at Rise Up, Colombo 03, bringing together professionals from across agencies, media, digital, production and marketing for an evening of celebration, entertainment, and industry camaraderie.

Originally launched in 2011, Green Chilies was conceived as a platform to celebrate Sri Lanka’s Young Lions winners as they embarked on their journey to represent the country at the prestigious Cannes Lions International Festival of Creativity, while also creating a unique opportunity for the industry to come together outside boardrooms and deadlines.

This year’s revival comes at an especially meaningful time, as an entire new generation of industry professionals have entered the business without ever experiencing the culture and energy that made Green Chilies such a defining event. Some key highlights will be the recognition of the winners of the young Lions competition and the much-loved return of The Agency Idol, the wildly entertaining competition where agencies battle it out on stage in a spirited showcase of talent, humour, and creativity, bringing back one of the event’s most iconic traditions.

Speaking about the return of the festival, Ranil de Silva, Founder of Green Chilies and of Metal Factor, said: “When we first launched Green Chilies, the idea was simple. It was to celebrate our Young Lions and create something that brought the industry together as one community. Over the years it became far more than an event, it became part of our industry culture. Seeing it return after seven years is very special, particularly because so many young professionals will now get to experience the spirit that made this industry such a fun and inspiring place to be.”

Green Chilies 2026 is organized by Metal Factor and supported by the 4A’s Sri Lanka.

Event Details:

Venue: Rise Up, Alwis Place, Colombo 03

Date: Thursday, 4th June 2026

Time: From 6.30 PM onwards

Contact : Shelley +94 77 342 3123

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JKH posts 75% EBITDA growth to Rs.80.01 billion as recent investments begin to contribute

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Krishan Balendra, Chairperson and CEO

John Keells Holdings PLC (JKH) reported a strong financial performance for FY2025/26, with Group EBITDA increasing 75% to Rs.80.01 billion, reflecting the contribution of investments made over the past several years and the continued performance of the Group’s established businesses.

Group recurring EBITDA increased 71% to Rs.78.05 billion, compared to Rs.45.69 billion in the previous year, driven primarily by Retail, Transportation and Leisure. Recurring profit before tax rose 143% to Rs.35.72 billion, while recurring profit attributable to equity holders of the parent increased 155% to Rs.13.24 billion.

The year also marked the culmination of the largest investment phase in the Group’s history, with the operationalisation of key investments signalling a shift in the capital cycle from development to contribution. Overall funding requirements reduced materially in line with expectations, while net debt to EBITDA stood at approximately 2 times and net debt to equity at approximately 31%.

City of Dreams Sri Lanka recorded positive EBITDA for the full year, following the completion and launch of the remaining components of the integrated resort. Cinnamon Life’s conference and event spaces attracted interest from local and international organisers, while casino operations showed an encouraging pick-up from the fourth quarter onwards.

Colombo West International Terminal, the project company of WCT-1, recorded strong throughput growth during the year, supported by an improving volume mix. The business delivered a positive profit after tax ahead of expectations, despite recognising depreciation relating to phase 1, and has reached full utilisation of phase 1 capacity based on its latest monthly run-rate.

John Keells CG Auto recorded an exceptional year, supported in part by pent-up demand and the brand positioning and vehicle range of BYD.

The Supermarket business recorded approximately 14% growth in same store sales, driven primarily by a 14.3% increase in footfall. The Beverages and Confectionery businesses recorded strong volume growth, with Beverages benefiting from higher margins, while Confectionery margins were impacted by higher raw material costs and expenses linked to new product introductions.

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RCSS receives Chatham House Senior Research Fellow for discussion on South Asian Regionalism

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Dr. Chietigj Bajpaee, Senior Research Fellow for South Asia, Asia-Pacific Programme at Chatham House, visited the Regional Centre for Strategic Studies on 26 May 2026 and met with the ED/RCSS, Ambassador (Retd.) Ravinatha Aryasinha, and researchers at the Centre. The discussion focused on Regionalism in South Asia and evolving geopolitical developments in the region.

Ambassador Aryasinha detailed the recent and ongoing initiatives undertaken by the RCSS and its wide Alumni Network spread throughout the region in strengthening South Asian solidarity. Dr. Bajpaee impressed on the need to consider alternative forms of regional cooperation in South Asia given the absence of India–Pakistan normalization, resulting in the stagnation of SAARC and the growing pull towards external regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP). The two parties explored possibilities beyond state-led regionalism, including stronger networks among civil society, think tanks, diaspora groups, and business communities, as well as thematic “mini-lateral” cooperation on issues such as climate adaptation and maritime governance.

Ms. Chamika Wijesuriya, Ms. Thedini Herath, and Shayan Peris, Research/Programme Officers at RCSS, were associated with the discussion.

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