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INSEE Ecocycle opens a cutting-edge Pyrolysis Plant to convert industrial waste into valuable resources that will contribute to the Circular Economy

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INSEE Ecocycle, Sri Lanka’s pioneer in industrial waste management, has inaugurated a state-of-the-art Pyrolysis Plant at its Puttalam Cement Plant, to convert industrial waste into valuable resources, thus supporting a Circular Economy. The newly opened, fully-capable Pyrolysis plant, which is equipped with cutting-edge technologies, marks an important milestone in INSEE Ecocycle’s sustainable waste management journey, as it provides a total waste management solution based on resource recovery from rubber and plastic waste originating from a wide range of industries. In addition to this newly established pyrolysis plant, INSEE Ecocycle also provides sustainable, environmentally-friendly solutions to public and private institutions, particularly with regard to the management of industrial hazardous waste, non-hazardous waste, the disposal of brand sensitive material and more.

INSEE Ecocycle’s new Pyrolysis Plant was inaugurated at a special ceremony held recently, where the General Daya Rathnayake secretary to the Ministry of Industries, graced the occasion as Chief Guest. Other notable dignitaries present at the event included, M.K.D.Lawrance, Executive Director (All Zones) of the Board of Investment of Sri Lanka, Saman Kumara, Director of the Provincial Environmental Authority of North Western Province, N.G. Senavirathna , Director of North western Provincial Office of Central Environment Authority, Rangana Jayathilake, Divisional Secretary Puttalam , D M K Dissanayake , Assistant Director of Puttalam District Office of Central Environment Authority, Nimal Perera,  Deputy Inspector General of Police (DIG) of Puttalam , Nandana Ekanayake, Chairman/CEO of INSEE Cement, Sanjeewa Chulakumara, Director of INSEE Ecocycle. Members of the EXCO team and the senior management team of INSEE Cement were also present at the ceremony.

Speaking about the new Pyrolysis Plant, Chairman/CEO at INSEE Cement, Nandana Ekanayake said, “As the market leader in the construction industry, having the only fully-integrated cement plant in the country and producing Sri Lanka’s most popular cement brands – Sanstha and Mahaweli Marine – INSEE Cement has always worked to support and find solutions for the national waste management issue, as a responsible corporate citizen. This new state-of-the-art facility will be able to handle rubber and plastic waste, adding another service to INSEE Ecocycle’s present portfolio of services. INSEE will continue to invest in sustainable waste management solutions to effectively address the nation’s waste problem. INSEE Ecocycle exemplifies commitment and leadership in offering sustainable waste management solutions to businesses and can assist corporates in meeting their sustainability goals through proven expertise, skilled resources, technical know-how and professional services”.

Pyrolysis is the thermal decomposition of carbonaceous material in the absence of oxygen, and the Pyrolysis process is becoming more appealing due to its greater flexibility in producing a mixture of solid, liquid, and gaseous products in various proportions by varying the operating temperature and heating rate, providing a 100 percent resource recovery-based solution for rubber and plastic waste.

Sanjeewa Chulakumara – Director at INSEE Ecocycle explained further saying, “We are the only sustainable waste management solutions provider in Sri Lanka, with over two-decades of experience in the industry. Thus, we are proud to add Pyrolysis to INSEE Ecocycle’s portfolio of sustainable waste management services, catering particularly to Rubber and Plastic waste. Pyrolysis is a circular economy-based resource recovery solution that produces Pyrolysis Oil and Carbon Black as the primary resources. This is a significant milestone for Ecocycle, and with this state-of-the-art facility, we have expanded our portfolio of waste management solutions to help our valuable customers achieve their sustainability goals”.



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Mahindra Ideal Finance One of Sri Lanka’s Great Places to Work

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MIFL team at the Great Place to work® Awards ceremony for Best 10 companies in the Banking, Financial Services and Insurance industry held at the Hilton Hotel, Colombo.

Mahindra Ideal Finance is not only one of Sri Lanka’s leading finance companies, but also one of Sri Lanka’s top employers of choice, attested to by the Company being certified as a Great Place to Work for 3 consecutive years, most recently in 2021.The Company has also been recognized amongst the Best 10 companies in the banking, financial services and insurance sector in 2021 by the Great Place to Work® Sri Lanka. As a result, Mahindra Ideal Finance has attracted a diverse group of individuals at the top of their game to be a part of the Company’s various teams. Having embarked on a landmark islandwide network expansion strategy, Mahindra Ideal Finance is also creating new opportunities for aspiring Sri Lankan professionals looking to build solid careers in financial services.

Duminda Weerasekara – Chief Executive Officer said, “As we are growing our presence around the country through the expansion of our branch network, we are looking for driven and passionate people to reinforce our teams. As we have been a dedicated, caring and trustworthy employer since our inception, Mahindra Ideal Finance is the ideal platform for dynamic young professionals looking to launch or grow their careers.”Great Place to Work®, headquartered in the USA, is the global authority on high-trust, high performance workplace cultures. Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures.

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Daraz Cares introduces ‘Buy one Give One’ initiative – To support families in vulnerable communities

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The unfolding economic crisis in the country has presented Sri Lankans with unprecedented challenges, including scarcity of essentials, escalating living expenses and deteriorating living standards. The impacts of the crisis are graver and more ominous for those in vulnerable communities, where families struggle to make ends meet amidst mounting financial difficulties.As part of its commitment to give back to the community, Daraz Cares has come forward with a social initiative that pledges support for families in vulnerable communities. The initiative themed ‘Buy One, Give One’ will support Sri Lankan families faced with financial challenges with a pack of selected daily essentials. The selected items for the ‘Buy One, Give One’ initiative are, a 1kg pack of CIC Sudu Suduru Rice,a 500g of Orient Mysoore Dhal, a 300g pack of Maggi Coconut Milk Powder, 500g of Orient White Sugar, and 500 g packs of Sunlight Lemon and Rose Detergent Powder, which are all available for purchase via Daraz Mart.

The initiative will be implemented in a manner that, each time an individual purchase any desired quantity of one of the nominated items on the Daraz app, Daraz will donate an equal quantity of the same product to a family in vulnerable communities.Daraz invites everyone to purchase a preferred quantity of the selected items via www.daraz.lk/dmart/ and become a part of the ‘Buy One, Give One’ social initiative.

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DIMO partners with Allianz to provide innovative insurance scheme to its TATA customers

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DIMO together with Allianz recently introduced a state-of-the-art motor insurance & claim settlement scheme designed exclusively for DIMO’s TATA customers.The partnership is focused on assisting the customers to reduce costs incurred during conducting accident repairs through exemption of the owner’s payable portion for TATA vehicles within 5 years of date of manufacture. This innovative facility also offers all TATA customers of DIMO special insurance premium rates at the time of renewal of insurance. DIMO’s TATA customers will enjoy the utmost convenience and zero hassle as both DIMO and Allianz will coordinate all tasks from towing the vehicle to the nearest DIMO-TATA workshop, quick and efficient estimation & approval process, repairing of the vehicle according to exact manufacturer’s specifications, settlement of repair bills to handing over of the vehicle to the customer in original condition.

Ranjith Pandithage, Chairman & Managing Director of DIMO, said, “This partnership will further assist us in offering an enhanced service for our valued customers. As a company, DIMO has always stood for fuelling the dreams and aspirations of the communities we serve in, and it is a pleasure to be able to offer an innovative insurance scheme at a time like this, in collaboration with Allianz.

Gany Subramaniam, CEO of Allianz Insurance Lanka Ltd, said “We are extremely pleased to be partnering with DIMO to offer a customer-centric product, ensuring a vehicle is repaired and restored with minimum hassle.”

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