Business
How a young entrepreneur finds worth in plastic waste
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.
Business
Sri Lanka worthy of being ranked as the world’s top holiday spot – cricketing great Wasim Akram
Pakistani cricketing legend Wasim Akram said Sri Lanka is the best tourist destination and is worthy of being ranked the world’s top holiday spot. ‘The island’s natural beauty and my decades-long connection with the country, are factors that enhance Sri Lanka’s value, he explained.
Speaking at a Softlogic Life investor forum in Colombo last Tuesday Akram said Sri Lanka remained one of his favourite destinations despite having traveled extensively around the world.
Akram who captained the Pakistani national cricket team and was celebrated as Softlogic Life’s brand ambassador said filming the company’s latest television commercial gave him another opportunity to experience some of the country’s most scenic locations, including Galle and the central highlands.
Akram said Sri Lanka’s landscapes, rivers and coastline were among the most beautiful he had beheld during his travels and expressed surprise that the country was not already considered one of the world’s leading tourism destinations.
Having first visited Sri Lanka as a teenager in 1985, Akram said he had returned numerous times over the years as a player, commentator and tourist. He added that he plans to continue visiting the island regularly and hopes to explore more of the east coast in the future.
Softlogic Life had impressive growth last year and is looking forward to introducing new life insurance products to the local market considering the increasing the aging population in Sri Lanka.
By Hiran H. Senewiratne
Business
Veenath Indrajith from the University of Sri Jayewardenepura wins the 2026 Saman Kelegama Memorial Research Grant
Veenath Indrajith, a fourth-year undergraduate from the Department of Business Economics at the University of Sri Jayewardenepura, has been selected as the winner of the Saman Kelegama Memorial Research Grant for 2026. Indrajith’s academic and professional interests lie in economics, finance, investment, and policy-oriented research. In addition to his undergraduate studies, he is currently pursuing the Chartered Accountancy qualification in Sri Lanka, demonstrating a strong commitment to analytical rigour and professional excellence. He aspires to contribute to evidence-based policymaking through applied economic research.
Indrajith’s research study, titled “Small Vehicle Businesses and Household Investors Using the Second-Hand Car Market as an Alternative Investment Method in the Colombo District of Sri Lanka,” will adopt a qualitative research approach to explore the motivations, experiences, perceived returns, and risks associated with investing in used vehicles. By analysing household-level decision-making and investment behaviour, the research aims to shed light on a relatively underexplored area of Sri Lanka’s alternative investment landscape. The findings are expected to provide valuable insights for policymakers, particularly in relation to financial literacy, household investment strategies, and the development and regulation of alternative investment markets in Sri Lanka.
The Saman Kelegama Memorial Research Grant, established in 2018, honours the legacy of the late Dr. Saman Kelegama, former Executive Director of the Institute of Policy Studies of Sri Lanka (IPS), whose work significantly shaped public policy discourse on socio-economic development in Sri Lanka and the broader South Asian region. The grant is awarded annually to an outstanding undergraduate student from a Sri Lankan university, with the aim of encouraging innovative, policy-relevant research and nurturing the next generation of policy thinkers. As part of this grant, Indrajith will receive training and mentoring from IPS senior researchers to complete the proposed study.
Business
Delmege Consumer partners with Daraz
Delmege Consumer, the flagship FMCG cluster of the Delmege Group, has evolved into one of Sri Lanka’s most trusted household names, building lasting relationships with communities across the island through a diverse portfolio of quality products that have become an integral part of consumers’ everyday lives for generations. Renowned for enriching households with Delmege’s own brands, leading local brands, and world-renowned international brands, the company continues to strengthen its presence, reputation, and connection with consumers nationwide.
A key strength of the FMCG cluster lies in the strong and enduring partnerships it has cultivated with suppliers, enabling the company to establish a responsive, time-sensitive, and mutually beneficial distribution network that has made a significant impact across Sri Lanka. Through its extensive reach and customer-focused approach, Delmege Consumer serves retail, wholesale, HoReCa, export, and modern trade channels, supported by flexible channel management strategies and winning consumer-centric propositions that cater to evolving market needs.
Further strengthening its distribution network and expanding its digital footprint, Delmege Consumer has partnered with Daraz, Sri Lanka’s leading e-commerce platform, to offer customers a more convenient, seamless, and accessible way to purchase its extensive range of FMCG products online.
Commenting on the partnership, Anil Meegahage, CEO of Delmege Consumer, stated:
“At Delmege Consumer, we are committed to innovation, continuously strengthening our product portfolio, and enhancing customer convenience and experience. Our partnership with Daraz enables us to serve customers across the country more efficiently by providing them with an easy, secure, and reliable platform to purchase trusted Delmege FMCG products online.”
Adding further, Baratha Piyadigama, Head of Group Marketing, Delmege, said:
“This partnership with Daraz marks another important milestone in our journey to enhance brand positioning, visibility, and awareness, especially at a time when digital and online commerce continue to gain significant momentum. As one of Sri Lanka’s leading FMCG distributors, we are proud to extend our trusted portfolio of products into the digital space through Daraz, ensuring customers across the island can conveniently access their favourite products with just a few clicks.”
Delmege’s extensive FMCG portfolio includes well-known Delmege branded products such as Canned Fish, Hiru Kahata Tea, Delmege Soya, Flavours and Colours, Delmege Pasta,
Delmege Noodles, and Salt, together with the much-loved Motha range of dessert ingredients, beverages, and mixes. The company also represents globally renowned international brands including Kellogg’s cereals such as Corn Flakes, Muesli, and Oats; Pringles; and the Ferrero portfolio featuring Ferrero Rocher, Nutella, Kinder Joy, and Tic Tac. Through its diverse and trusted brand portfolio, Delmege Consumer continues to reinforce its position as one of Sri Lanka’s leading FMCG companies.
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