Connect with us

Business

How a young entrepreneur finds worth in plastic waste

Published

on

PET bottles collected by Pathum’s team before transporting it to Eco Spindles facility in Horana

Pathum’s love towards keeping the environment plastic-free drives his passion for implementing a viable system for waste collection in Sri Lanka

International Youth Day is a reminder to recognise the initiatives of young people whose meaningful contributions will have a lasting impact on global developmental efforts. Celebrated every year on the 12th of August, Youth Day magnifies the actions of young people who aspire to repair the earth we live in, through their entrepreneurial decisions to solve the world’s most pressing issues.

As industrialisation and population increase, Sri Lanka is battling a threatening matter; the growth in irresponsible plastic waste disposal/management. Plastic consumption on the island sees a 16% increase, where 265,000 metric tons are consumed annually. Realising the damage this could cause, a young entrepreneur, Pathum Niranjana, started P&L Industries based in Athurugiriya in 2011 at the age of 20 to collect PET (Polyethylene Terephthalate) plastic and other plastics.

A labour of love

Now, 30, he recalled why he started the company, attributing it to the love he has for keeping the environment free of plastic waste. “Before starting P&L Industries, I worked for a company that collected PET plastic. I noticed that plastic was everywhere, from the sides of the road to the waterways. I then realised that I needed to venture out and diversify my business by not only limiting it to collecting PET plastic but also other types of plastic waste, too,” mentioned Pathum.

On a typical day, he deploys his team to collect and purchase waste plastic from municipal councils in the Western Province, after the respective municipalities collect from households and offices. Depending on the plastics’ quality, he buys PET bottles from municipal collectors for Rs. 20-30 a kilo and other plastics (HDPE and PP) for Rs. 60-70 a kilo. Every month, his team collects approximately 450,000 PET bottles and 70-80 metric tons of other plastics, then sold to recyclers to create value-added products. One such is Sri Lanka’s largest plastic recycler, Eco Spindles, who also assisted P&L Industries by giving a loan during the pandemic when collectors like Pathum saw a reduction in income.

Though his business operations are now thriving, Pathum faced multiple challenges as a young business owner. When he started, establishing the business was problematic due to the lack of people/businesses with the necessary expertise in waste collection. Additionally, he required a team of employees who understood the trade while securing funds to buy a space to store plastic waste collected.

Reversing stigmas

“Furthermore, an issue we faced then, and even now, is the stigma behind waste collectors as many people think it’s a 3rd class business. But, it’s a business where you can make profits while also doing a service to the environment and our island home. Most have stigmatised the job as just a role of a bothal paththara karaya, but the industry and the role has evolved into a formal employment opportunity,” highlighted Pathum.

Despite these challenges, Pathum persevered to see his dream materialise and reverse the stigma. Today, he owns four vehicles to collect, purchase and transport plastic to recyclers and has employed 15 people. “I have plans to grow my waste collection business. I want to include components of a recycling facility. So I bought a crusher machine to crush PET plastic into pellets, which I can sell to organisations that can make products such as yarn and crush HDPE plastic to make Alkathene pipes used in agriculture,” stated Pathum.

An opportunity to thrive

On his journey to expand P&L Industries, he believes Sri Lanka can thrive in the waste collection sector since COVID-19 has restricted imports. “If imported, PET pellets cost between Rs. 300-400 a kilo, while locally, I can sell to companies for Rs.150 a kilo. Because of this, it is important to know that banning PET bottles is not practical since we don’t have a cost-effective alternative. Glass is too costly and difficult to transport,” indicated Pathum.

Pathum is a reminder that hard work and dedication are key pillars to success. Astonished that plastic waste is becoming a widely recognisable problem, he is on a quest to be part of a system that can provide viable solutions to this issue. “If collectors like myself do not collect and buy plastic waste, we run the risk of releasing the waste to open dumps/landfills, instead of sending it to recyclers who can give it new life,” emphasised Pathum.

Recycling ensures that a circular economy is established where the value of plastic bottles continues indefinitely. Pathum, as a collector, has become an integral part of this sustainable way of doing business.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Sri Lanka Customs exceeds revenue targets to enters 2026 with a surplus of Rs. 300 billion – Director General

Published

on

By

The year 2025 has been recorded as the highest revenue-earning year in the history of Sri Lanka Customs, stated Director General of Sri Lanka Customs, Mr. S.P. Arukgoda, noting that the Department had surpassed its expected revenue target of Rs. 2,115 billion, enabling it to enter 2026 with an additional surplus of approximately Rs. 300 billion.

The Director General made these remarks at a discussion held on Tuesday  (30)  morning at the Sri Lanka Customs Auditorium, chaired by President Anura Kumara Dissanayake.

The President visited the Sri Lanka Customs Department this to review the performance achieved in 2025 and to scrutinize the new plans proposed for 2026. During the visit, the President engaged in extensive discussions with the Director General, Directors and senior officials of the Department.

Commending the vital role played by Sri Lanka Customs in generating much-needed state revenue and contributing to economic and social stability, the President expressed his appreciation to the entire Customs employees for their commitment and service.

Emphasizing that Sri Lanka Customs is one of the country’s key revenue-generating institutions, the President highlighted the importance of maintaining operations in an efficient, transparent and accountable manner. The President also called upon all officers to work collectively, with renewed plans and strategies, to lead the country towards economic success in 2026.

The President further stressed that the economic collapse in 2022 was largely due to the government’s inability at the time to generate sufficient rupee revenue and secure adequate foreign exchange. He pointed out that the government has successfully restored economic stability by achieving revenue targets, a capability that has also been vital in addressing recent disaster situations.

A comprehensive discussion was also held on the overall performance and progress of Sri Lanka Customs in 2025, as well as the new strategic plans for 2026, with several new ideas and proposals being presented.

Sri Lanka Customs currently operates under four main pillars, revenue collection, trade facilitation, social protection and institutional development. The President inquired into the progress achieved under each of these areas.

It was revealed that the Internal Affairs Unit, established to prevent corruption and promote an ethical institutional culture, is functioning effectively.

The President also sought updates on measures taken to address long-standing allegations related to congestion, delays and corruption in Customs operations, as well as on plans to modernize cargo inspection systems.

The discussion further covered Sri Lanka Customs’ digitalization programme planned for 2026, along with issues related to recruitment, promotions, training and salaries and allowances of the staff.

Highlighting the strategic importance of airports in preventing attempts to create instability within the country, the President underscored the necessity for Sri Lanka Customs to operate with a comprehensive awareness of its duty to uphold the stability of the State, while also being ready to face upcoming challenges.

The discussion was attended by Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayanta Fernando, Deputy Minister of Economic Development, Nishantha Jayaweera, Secretary to the President, Dr. Nandika Sanath Kumanayake, Deputy Secretary to the Treasury, A.N.Hapugala, Director General of Sri Lanka Customs,  S.P.Arukgoda, members of the Board of Directors and senior officials of the Department.

Continue Reading

Business

Construction industry offers blueprint for Sri Lanka’s recovery

Published

on

Eng Nissanka N Wijeratne

The dawn of 2026 represents a time for critical recalibration, not just ceremony, for the nation’s vital construction sector, says Eng Nissanka N Wijeratne, Secretary General/CEO of the Chamber of Construction Industry (CCI).

In a New Year message, Wijeratne reframes the annual greeting as a strategic call to action. “For Sri Lanka’s construction industry – the true backbone of our economy – the turning of the calendar is an ideal moment for a realistic and forward-looking assessment,” he states.

His vision sketches a practical blueprint where the unprecedented challenges of the recent past become the foundation for a smarter, more sustainable future.

The industry, long considered a barometer of national prosperity, has weathered severe headwinds: economic volatility and spiraling material costs. “These were not mere business cycles, but unprecedented tests,” Wijeratne notes, acknowledging the severe strain on firms and professionals. Yet, the sector’s response, he observes, has been “nothing short of remarkable,” showcasing a deeply ingrained resilience.

The Chamber’s chosen theme for the year, “Resilience through Innovation,” signals a pivotal shift from enduring hardship to actively engineering progress.

The pathway forward, Wijeratne outlines, is built on three interdependent pillars.

First is the revitalization of Infrastructure. “This is not a simple call for new projects,” he clarifies, “but a strategic push to reactivate stalled ventures and initiate sustainable developments in concert with the government and international agencies.” He emphasises that construction activity is intrinsically linked to the broader economy’s pulse, where resuming projects catalyses employment, energises supply chains, and restores public confidence.

The second pillar, technological Integration, addresses the urgent need to modernise the sector’s core. Advocacy for Building Information Modeling (BIM), green building practices, and digital project management is a direct answer to past inefficiencies. “It is a commitment to ensuring Sri Lankan construction is not just rebuilt, but upgraded becoming more competitive, cost-effective, and environmentally responsible,” Wijeratne says. ” Innovation must move from slogan to practice, transforming how the nation conceives, builds, and maintains its infrastructure,” he notes.

The third pillar, consistent policy advocacy, underpins all efforts. The Chamber positions itself as a vital intermediary, fighting for fair pricing mechanisms, streamlined regulations, and a protective framework for local contractors. Wijeratne stresses that the best-laid plans of engineers can falter without a conducive policy environment, calling for a strengthened partnership with the state to create a level playing field where skill and enterprise determine success.

Ultimately, Wijeratne’s message is a powerful reminder of the industry’s profound legacy. “When we build, the nation grows,” he states, elevating construction from a commercial activity to a national mission. The structures that rise from the ground are more than concrete and steel; they are the schools, hospitals, roads, and homes that shape the nation’s future.

As Sri Lanka steps into 2026, the construction industry’s message is clear: it is ready to transform resilience from a trait of survival into a dynamic force for innovation.

The past challenges, according to Wijeratne, have been met with grit. Now, the future must be built with vision.

By Sanath Nanayakkare

Continue Reading

Business

Expo Commodities and STAY Naturals honoured at the Presidential Export Awards 2024/25

Published

on

Expo Commodities (Pvt) Ltd, together with its member company STAY Naturals (Pvt) Ltd, has been recognized with Merit Awards at the Sri Lanka Export Development Board (EDB) Presidential Export Awards 2024/25, one of the country’s most prestigious platforms celebrating export excellence.

The awards were presented under the categories of Spices and Allied Products and Essential Oils, Oleoresins & Condiments, recognizing the companies’ consistent performance, product quality, and contribution to strengthening Sri Lanka’s presence in global markets.

The recognition reflects Expo Commodities’ continued focus on delivering high-quality, value-added Sri Lankan products while upholding international standards across innovation, sustainability, and responsible sourcing. Through STAY Naturals, the group has expanded its reach in key export markets, promoting Sri Lanka’s essential oils, oleoresins, and condiments derived from its rich agricultural heritage to customers worldwide.

The achievement also reflects the collective effort, technical expertise, and commitment of the teams behind the operations, alongside the continued trust of global partners and customers. Expo Commodities (Pvt) Ltd, part of Expo Commodities Global, is strategically focused on driving sustainable export growth and strengthening Sri Lanka’s global positioning as a reliable supplier of high-quality natural products.

Expo Commodities Global is a globally active Agri-commodity enterprise with operations spanning multiple origins including Sri Lanka, Vietnam, Indonesia, Madagascar, Comoros, Egypt, the UAE, India, Germany, and the Netherlands. The company specializes in the production, processing, and export of premium organic and conventional spices, coconut products, essential oils, oleoresins, and value-added agricultural products, delivering consistent quality through integrated and sustainable operations.

Expo Commodities Global and STAY Naturals (Pvt) Ltd are part of Aberdeen Holdings, a diversified Sri Lankan conglomerate with interests across pharmaceuticals, packaging, commodities, transport and logistics, power generation, and digital innovation, supporting long-term growth through strong governance, sustainability, and global market engagement.

Continue Reading

Trending