Business
CEAT Kelani announces 125% increase in TBR tyre production

CEAT Kelani Holdings has announced another significant increase in production that will more than double the number of Truck Bus Radial (TBR) tyres reaching the domestic market by June this year, further supporting the national effort to reduce dependence on imports and conserve foreign exchange.
The Company said production of the CEAT Winmile AW in the 10.00 R 20 size widely used on trucks, prime movers, and buses will, in two phases of expansion, increase from 18,000 tyres a year to 40,200 a year. This gives CEAT the ability to supply 42 per cent of the local requirement for these tyres.
Incidentally, the CEAT Winmile AW tyre is the only Truck Bus Radial tyre produced in Sri Lanka, and is the result of a phased execution of a Rs 3 billion investment begun by the Company three years ago to expand product range, capacity and quality across multiple tyre categories. CEAT’s ground-breaking TBR production facility commenced production in April 2019 and the current expansion entailed the commissioning three more tyre presses, the Company said.
The increase in TBR production at the CEAT Kelani manufacturing complex in Kelaniya comes hot on the heels of an increase in production of passenger car radial (PCR) tyres for rim sizes ranging from 12 to 14. Phase 1 of this increase has added 72,000 tyres a year to the Company’s radial tyre inventory, while Phase 2, expected to come on stream in May 2021, will add another 100,000 radial tyres per annum.
- Kapruka Advertiesment
Visit Superbox.lk for Online Grocery Shopping in Sri Lanka.
Get deals for Fish & Meat,
Grocery Deals and
Business
Hemas Consumer strengthens portfolio with L’Oréal partnership in Sri Lanka

Hemas Consumer, the leading manufacturer and distributor in Sri Lanka’s beauty and personal care sector has strengthened its portfolio of offerings in a groundbreaking partnership with the world’s number one beauty company, L’Oréal. With this partnership Hemas Consumer obtains distributor rights to leverage its sales network and innovative marketing approaches in taking L’Oréal’s wide range of beauty and personal care brands across Sri Lanka.
Commenting on the new partnership, Sriyan de Silva Wijeyeratne, Managing Director, Hemas Consumer & Executive Director Hemas Group said, “We have spent over fifty years building successful and strong consumer brands in Sri Lanka. In keeping with our promise of consumer delight and trust, we are elated to partner a world-class cosmetics group like L’Oréal expanding our existing portfolio with the world’s most sought-after beauty and personal care products.
We are well equipped in our distribution process with island-wide sales channels to serve all parts of the country. I believe this partnership will revolutionize Sri Lanka’s beauty care industry and more prospects await as we continue to look ahead with L’Oréal.”
Sabrina Esufally, Director Business Development and Innovation at Hemas Consumer said, “This partnership will enable Sri Lankans to access the iconic brands and solutions created through years of research and innovation by L’Oréal. In the fast evolving and dynamic beauty industry, the combined strength of Hemas’s local heritage and penetration, and L’Oréal’s global technology and trust is the perfect recipe for consumer delight.”
Business
DFCC Bank supports industrial excellence by partnering CNCI Achiever Awards

DFCC Bank PLC, stepped up once again for the 3rd consecutive year to partner with the Ceylon National Chamber of Industries (CNCI) as the principal sponsor and official banking partner of the CNCI Achiever Awards 2020.
The CNCI Achiever Awards was held for the 19th consecutive time to recognize the outstanding efforts of exceptional performers who have molded their respective industries with innovative solutions, while overcoming challenges and meeting the demands of their clientele. This year, the event was recently held under strict health guidelines at the Galadari Hotel in Colombo.
Commenting on the sponsorship, Chief Executive Officer of DFCC Bank PLC Lakshman Silva stated, “We are pleased to have partnered with the Ceylon National Chamber of Industries (CNCI), as the Main Sponsor and Official Banking Partner of the 19th CNCI Achiever Awards 2020. DFCC is honored to partner in reconciling successful Sri Lankan businesses from various industrial sectors. Our partnership with this prestigious awards programme aligns seamlessly with our commitment to foster and reward industrial growth across the country and support local entrepreneurs in MSME & SME sectors.”
Business
Lanka SSL triumphs with National Gold and Top Ten Awards

CNCI Achiever Awards 2020
Lanka Special Steel Limited (Lanka SSL), a trusted name in wires and a fully-owned subsidiary of E B Creasy & Company PLC, was recently awarded the coveted National Gold Award under the Extra Large category in the Manufacturing Sector at the Achiever Awards 2020 for Industrial Excellence.
The annual event organized by the Ceylon National Chamber of Industries (CNCI) was held in March 2021 at Colombo, and celebrated some of the leading industrialists in the country for their tremendous and continued efforts in uplifting and promoting quality standards, productivity, growth and strategy, R&D, employee welfare and others whilst contributing to both the society and economy at large.
‘We are immensely proud to have been recognized with two very prominent awards at this year’s CNCI Achiever Awards. It is a huge leap from just winning a Merit Award the last time around, and this incredible achievement certainly reflects our highly ambitious plans to strive for continued excellence. We would like to thank our valued customers and all stakeholders. We are grateful to our hardworking and committed staff at Lanka SSL who have made this possible,’ said Pravin De Silva, CEO of Lanka SSL.
-
Opinion6 days ago
A Cabinet reshuffle needed
-
Features2 days ago
Port City Bill Requires Referendum
-
news6 days ago
Proposed law will turn Port City into a province of China – JVP
-
news6 days ago
PM intervenes to iron out differences among coalition partners
-
Sports6 days ago
The brand of cricket we want to play is free and relaxed: – Sangakkara
-
Sports3 days ago
Sebs’ cricket stalwart Cooray retires after more than three decades of service
-
Editorial6 days ago
Happy New Year!
-
Sports6 days ago
Sheran’s back to back half centuries help Joes