Business
INSEE Ecocycle opens a cutting-edge Pyrolysis Plant to convert industrial waste into valuable resources that will contribute to the Circular Economy
INSEE Ecocycle, Sri Lanka’s pioneer in industrial waste management, has inaugurated a state-of-the-art Pyrolysis Plant at its Puttalam Cement Plant, to convert industrial waste into valuable resources, thus supporting a Circular Economy. The newly opened, fully-capable Pyrolysis plant, which is equipped with cutting-edge technologies, marks an important milestone in INSEE Ecocycle’s sustainable waste management journey, as it provides a total waste management solution based on resource recovery from rubber and plastic waste originating from a wide range of industries. In addition to this newly established pyrolysis plant, INSEE Ecocycle also provides sustainable, environmentally-friendly solutions to public and private institutions, particularly with regard to the management of industrial hazardous waste, non-hazardous waste, the disposal of brand sensitive material and more.
INSEE Ecocycle’s new Pyrolysis Plant was inaugurated at a special ceremony held recently, where the General Daya Rathnayake secretary to the Ministry of Industries, graced the occasion as Chief Guest. Other notable dignitaries present at the event included, M.K.D.Lawrance, Executive Director (All Zones) of the Board of Investment of Sri Lanka, Saman Kumara, Director of the Provincial Environmental Authority of North Western Province, N.G. Senavirathna , Director of North western Provincial Office of Central Environment Authority, Rangana Jayathilake, Divisional Secretary Puttalam , D M K Dissanayake , Assistant Director of Puttalam District Office of Central Environment Authority, Nimal Perera, Deputy Inspector General of Police (DIG) of Puttalam , Nandana Ekanayake, Chairman/CEO of INSEE Cement, Sanjeewa Chulakumara, Director of INSEE Ecocycle. Members of the EXCO team and the senior management team of INSEE Cement were also present at the ceremony.
Speaking about the new Pyrolysis Plant, Chairman/CEO at INSEE Cement, Nandana Ekanayake said, “As the market leader in the construction industry, having the only fully-integrated cement plant in the country and producing Sri Lanka’s most popular cement brands – Sanstha and Mahaweli Marine – INSEE Cement has always worked to support and find solutions for the national waste management issue, as a responsible corporate citizen. This new state-of-the-art facility will be able to handle rubber and plastic waste, adding another service to INSEE Ecocycle’s present portfolio of services. INSEE will continue to invest in sustainable waste management solutions to effectively address the nation’s waste problem. INSEE Ecocycle exemplifies commitment and leadership in offering sustainable waste management solutions to businesses and can assist corporates in meeting their sustainability goals through proven expertise, skilled resources, technical know-how and professional services”.
Pyrolysis is the thermal decomposition of carbonaceous material in the absence of oxygen, and the Pyrolysis process is becoming more appealing due to its greater flexibility in producing a mixture of solid, liquid, and gaseous products in various proportions by varying the operating temperature and heating rate, providing a 100 percent resource recovery-based solution for rubber and plastic waste.
Sanjeewa Chulakumara – Director at INSEE Ecocycle explained further saying, “We are the only sustainable waste management solutions provider in Sri Lanka, with over two-decades of experience in the industry. Thus, we are proud to add Pyrolysis to INSEE Ecocycle’s portfolio of sustainable waste management services, catering particularly to Rubber and Plastic waste. Pyrolysis is a circular economy-based resource recovery solution that produces Pyrolysis Oil and Carbon Black as the primary resources. This is a significant milestone for Ecocycle, and with this state-of-the-art facility, we have expanded our portfolio of waste management solutions to help our valuable customers achieve their sustainability goals”.
Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.
The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.
Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.
The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.
The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.
CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.
The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.
Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.
The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.
Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.
The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.
CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.
SLT-MOBITEL Enterprise, the enterprise services arm of Sri Lanka Telecom PLC, has launched its Premium Cloud service powered by Nutanix, aimed at helping Sri Lankan businesses modernise their IT infrastructure and accelerate digital transformation.
The service was unveiled at the Lanka Tech Summit 2026 held recently at ITC Ratnadipa, Colombo.
The Premium Cloud combines hybrid multi-cloud capabilities with enterprise-grade performance, enabling businesses to run mission-critical workloads, scale cloud deployments and strengthen business continuity through disaster recovery capabilities.
Hosted on SLT-MOBITEL’s Tier III data centre infrastructure, the platform is designed to provide enhanced security, reliability and flexibility while supporting the growing technology requirements of enterprises.
SLT-MOBITEL Enterprise said the platform would also support organisations seeking to adopt AI-ready capabilities and improve the management and performance of IT workloads.
A key feature of the launch was SLT-MOBITEL Enterprise joining the Nutanix Elevate Service Provider Program (NESPP), which the company said made it the first service provider in the region to join the programme.
Powered by Nutanix’s hybrid multicloud platform, the service enables application and data mobility across on-premises environments, public clouds and edge locations.
The company said the partnership combined Nutanix’s cloud technology with SLT-MOBITEL’s local expertise and support, strengthening its multi-cloud portfolio.
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