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Frostaire celebrates 40 years by launching ‘Cool Clinic’

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Frostaire Industries (Pvt) Ltd., is celebrating 40 years of playing a pioneering role in providing air conditioning and refrigeration systems to homes and industries countrywide by launching a ‘Cool Clinic’ as an additional service, offering free inspection and technical advice to customers on any of their appliances and systems, a company news release said.

From humble beginnings in 1980 as a refrigerator and air conditioner manufacturing and repair company, Frostaire has diversified its portfolio over the years, picking up on global trends and often being the first to introduce services, solutions, and brands to the local market, the release said.

Remembered for introducing retail ice to the country under the name ‘Frosty Ice’, Frostaire was also the first to locally manufacture cold rooms and freezer trucks to help facilitate efficient management of the country’s cold supply chain.

From small-scale, single unit air-conditioners and refrigerators for the home, to commercial refrigerated warehousing, storage, and transport -for perishable food, beverages, and medicines- to facilitate efficient cold chain management, Frostaire has earned for itself a firm reputation as an efficient and reliable distributor of high-quality comprehensive cooling solutions.

As a result, the company’s clientele has expanded to include a number of private sector organisations, government institutions, well-known food and retail chains, and individual industry professionals, with tens of thousands of units provided and installed island-wide.

Among the many global names it has acquired under its portfolio of product offerings, Frostaire was most recently awarded the status of sole agent and dealer of Thermo King truck and trailer refrigeration units sales and services in Sri Lanka.

A newly opened and well equipped Themo King Service Center in Welisara will be made available to assist clients with their specific chiller and freezer truck service requirements, the company said.

“Just a call, and a highly-skilled team will visit your home or facility to provide free-of-charge advice, repair, and servicing of the air-conditioning or refrigeration units in question,” it said.

“From inception, Frostaire has been pioneering advanced comfort solutions in order to keep people relaxed in their homes, productive at work, as well as food cool and safe,” said Mukthar Marikkar, Managing Director of Frostaire. “We have always prioritised our clients in our ongoing commitment to pursuing innovative solutions, and we hope to continue on this upward trajectory always with our core values and tenets on board.”

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Business

‘A supermarket in your pocket’

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For large corporates, understanding the pulse of one’s stakeholders assures longevity and relevance. From serving a few to serving many, Cargills has undergone numerous changes as a corporate entity throughout its rich history of over 175 years. Reflecting on its journey thus far, Cargills transformed from a primarily wholesale and retail business to a pivotal player across multiple sectors within the food and beverage industry in Sri Lanka.

From introducing the first bona fide supermarket, Cargills Food City which revolutionised modern retailing in the country, to acquiring long-standing food brands and elevating them to new heights, Cargills has never shied away from diving into new ventures.

At its core is a deep intrinsic understanding of its stakeholders, from farmers to customers across all 25 districts. While the looming pandemic in March 2020 sought to disrupt the normal, this same understanding, a pulse if you will, directed a new norm.

Like many other businesses, Cargills was compelled to adapt. While it has a wide network of supermarkets across the island which were in fact operational during this time, there were no customers to be served due to the imposed lockdown. Almost overnight, the Cargills Rewards website was transformed to a new system for customers to order their groceries. It was a simple solution, that leveraged its supply chain to help facilitate hyperlocal delivery for customer’s within a 5km radius of its outlets.

Furthermore, container trucks carrying well displayed groceries were dispatched to neighborhoods, pioneering Asia’s first mobile supermarket, ‘Cargills 2 Home’. This ingenuity was driven by the top brass, who too feel the pulse of their stakeholders and so brought the supermarket experience to the customer’s home.

(Cargills)

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Raddella Holdings launches first biotech insulin manufacturing plant in Sri Lanka

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Raddella Holdings introduce yet another revolutionary first with the launch of Sri Lanka’s first and only biotech insulin manufacturing plant. The recently concluded groundbreaking ceremony was held on September18, at the Koggala Export Processing Zone. The landmark event was attended by a host of dignitaries and guests including the State Minister of Pharmaceutical Production, Supply, and Regulation – (Prof.) Channa Jayasumana, Minister of Tourism – Prasanna Ranatunga, Minister of Plantation – (Dr.) Ramesh Pathirana, State Minister of Rural and School Sports Infrastructure Development – Thenuka Vidanagamage and many more.

The operation of the new plant will involve a joint venture between the Premium International Injectable Company (Pvt) Ltd, a subsidiary of Raddella Holdings and the State Pharmaceutical Manufacturing Corporation (SPMC). All new products manufactured as a result of this venture will be done under the SPMC brand name, with full government supervision.

The biotechnology manufacturing plant is a Rs. 3.5 billion, 100% local investment, which will employ over 200 specialized and highly trained professionals. All technology used in manufacturing will be state-of-the-art and conform to the highest tier of European standardization. This new plant has the capacity to meet 100% of projected local demand for next 15 years. The surplus produced thereafter will be exported and provide a valuable source of foreign revenue.

The new plant will utilize world famous SCADA systems to monitor and control the plant, all equipment, and the entire manufacturing process. This will guarantee the highest level of quality control, where all records of manufacture are completely automated and thus tamper-proof. Other quality control methods include adhering to the European Union Goods Manufacturing Practice (EUGMP), Good Manufacturing Practice (GMP), while also complying with the strict standards set by the World Health Organization (WHO).

The extensive planning for the plant happened over the last two years, in this time all designs, technology transfers, and specialist training have been completed, with all approvals and certification having been obtained. With construction completed soon, the plant will commence operations shortly.

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AIA Insurance Platinum Sponsor of Sri Lanka’s Most Admired Companies

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AIA Sri Lanka is proud to partner as Platinum Sponsor, The Chartered Institute of Management Accountants (CIMA) and the International Chamber of Commerce Sri Lanka (ICCSL) in presenting ‘Sri Lanka’s Most Admired Companies Awards 2020’.

This is the third year of the prestigious Awards ceremony for which AIA has been the Platinum Sponsor. The awards are intended at recognizing companies that are a cut above the rest in terms of not just their financial performance but also on the value they create in a sustainable and ethical way for their employees, customers, investors and the general community.

Companies that have been in business for over 5 years as at June 30 2020 and are 30% or more of Sri Lankan ownership are eligible to enter this Awards competition which is open to both listed and unlisted companies in Sri Lanka. (AIA)

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