Business
Earthfoam opens new liquid latex collection center in Moneragala
Earthfoam Private Limited, known for its natural latex-based products, recently inaugurated a new Liquid Latex collection center in Moneragala. This state-of-the-art facility aims to enhance the efficiency of liquid latex collection, addressing challenges faced by local organic latex farmers, especially those from economically disadvantaged backgrounds. Many farmers struggle with low offers for their latex, often due to a lack of access to market price information.
In addition to this, Earthfoam has launched the Thurushakthi health insurance scheme in partnership with Ceylinco Life Insurance, benefiting 1,700 organic rubber farmers. This scheme, part of Earthfoam’s Fair Trade Programme, covers hospitalization, critical illness, and natural/accidental deaths. Earthfoam also supports farmers with safety gear and CSR initiatives, including school supplies and medical check-ups. Founded in 2022, Earthfoam manufactures high-quality latex foam products, sourcing from over 1,700 local farmers and exporting to over 30 countries.
