Economic backdrop: Population, GDP structure by sector, GDP per capita, foreign direct investment At Hatton National Bank for example, Harry Jayawardena related parties including Stassen, Milford and Distilleries, have been restrained from exercising voting rights in excess of the 15% cap by the non-registration of shares they continue to own. The demand of cement in Sri Lanka is growing fast due to the rapid development in the services, tourism, and construction sectors. It is very likely that all these projects will generate electricity at costs less than Rs 10.00 per unit. Mason Chats, Mason Meets and exclusive membership to the INSEE Concrete Society (ICS) has provided local masons industry inclusivity as well as recognition and rewards to encourage new avenues of income and entrepreneurship. The CW Group Research report provides an in-depth and data-oriented analysis of the cement market in Sri Lanka. Information Supplementary to the Annual Report 2019/20. A place for Prosumers and Electricity as a National Industry, In addition the innovative program of State Minister Duminda Dissanayake to provide 5 kW rooftop solar systems to 100,000 Samurdhi recipients without burdening the treasury is a major paradigm shift in the electricity sector whereby the smallest level of consumer becomes a generator of electricity for his own consumption with a significant surplus and thus becomes a PROSUMER whereby the Electricity Industry becomes a contributor to the GDP instead of being a mere facility for other sectors to grow. INSEE Cement Sri Lanka has launched its first Global Reporting Initiative (GRI) by releasing its inaugural Sustainability Report 2018. Stock Info Financial Reports Board of Directors. Build for Life | INSEE Cement, also known as Siam City Cement (Lanka) Limited is a member of the Siam City Cement Public Company (SCCC). 2. INSEE Cement Sri Lanka inked two vital Memoranda of Understandings (MoUs) with the Ministry of Environment and the Central Environment Authority to support the government’s sustainability agenda with emphasis on waste management. The Litro Gas accessory pack exclusively provided for Samurdhi beneficiaries contains a Litro Gas cylinder, cooker, regulator, hose and two safety clips at a special price. Certainly it is a lot “Cleaner” than both coal and oil and is free from some most toxic components such as sulfur, lead, mercury and a plethora of heavy metals and radioactive nucleoids present in coal. INSEE Cement’s approach is to build a certified and skilled workforce with recognized credentials to bridge a gaping skill gap in the construction industry. All the annual reports of the John Keells Holdings PLC are shown here dating back to 2004. There was no clear indication whether they will be permitted to continue holding their present stakes enjoying dividends and other shareholder rights except voting rights. Commenting on the MOU, Koswatte says that empowering communities towards economic upliftment is a key component of the government’s commitment towards eradicating poverty as envisioned in the National Policy Framework ‘Vistas of Prosperity and Splendour’ (Saubhagyaye Dakma) of President, Gotabaya Rajapaksa. Having garnered a strong and successful working relationship in the past with SLIM, INSEE Cement works to further strengthen the partnership by ISBN: 978-955-575-396-8. … The Puttalam cement factory, owned by the Swiss company Holcim Group, is the biggest one in Sri Lanka and is located in … In the absence of any plans of resolving such issues, is the government still pursuing options for more LNG plants with India and Japan and now with the USA? Having garnered a strong and successful working relationship in the past with SLIM, INSEE Cement works to further strengthen the partnership by INSEE Connect. This requirement is to conform with the law that individual and aggregate related party holdings in commercial banks be restricted to a maximum of 15% although time-bound extensions, some granted as long as 10 years ago, have been allowed. Total cement used in Sri Lanka, between January and December 2011, rose 21.6 percent, to 4.58 million metric tonnes, according to the Central Bank of Sri Lanka. Sri Lanka: Insee Cement has extended the concessionary rate for its Sanstha cement product for current and former Sri Lankan armed forces personnel. This is regularly reported in the HNB Annual Report. We earnestly request Minster Dulles Alahapperuma and State Minister Duminda Dissanayake to very seriously evaluate this possibility. INSEE Cement also launched a Mason Apprenticeship Program to provide 120-day training opportunities for masons to learn on the job, preparing them to enter the workforce with specialized skillsets. CONTACT US CONTACT US. To secure a stronger financial future for masons, INSEE Cement has introduced a comprehensive life insurance policy with disability, medical and accidental cover. INSEE Cement Sri Lanka has launched its first Global Reporting Initiative (GRI) by releasing its inaugural Sustainability Report 2018. Sri Lanka: Insee Cement has extended the concessionary rate for its Sanstha cement product for current and former Sri Lankan armed forces personnel. But it will certainly emit, * 50% of carbon emissions compared to Coal not zero carbon as in case of Solar and Wind, * Significant amounts of Oxides of Nitrogen. Presentation (Video) Presentation (Slides) Annual Report 2018: Available as: … “Five years ago, I was able to complete a course conducted by INSEE Cement and NAITA and received a Level 3 NVQ certification – my first professional credentials as a mason. I improved my tile work skills, which also increased my income,” Dissanayaka stated. Contact Us. Published in Global Cement News October, 8, 2020 INSEE Cement, Sri Lanka’s leading and only 100% local cement manufacturer has issued an update and progress report of work completed towards the rehabilitation and reforestation efforts addressing the incident of illegal encroachment and forest clearing in its long-term leased land in Aruwakkalu. 2014 - 2016. INSEE Cement, Sri Lanka’s leading and only 100% local cement manufacturer has issued an update and progress report of work completed towards the rehabilitation and reforestation efforts addressing the incident of illegal encroachment and forest clearing in its long-term leased land in Aruwakkalu. Our Group. If the gas supplies are not available by the time the power plant is commissioned, will the plant be operated with diesel or some other oil and for how long? INSEE Mortar. All the annual reports of the John Keells Holdings PLC are shown here dating back to 2004. Siam City Cement (Lanka) Limited. INSEE Cement enters into a three-year corporate partnership with the national body of marketing in Sri Lanka, the Sri Lanka Institute of Marketing (SLIM), by becoming the official corporate sponsor of SLIM’s annual hosted events. The resultant cost may not surpass the Rs 14.85 per unit expected from the LNG plant. Sudashini Christopher, company communications and reputation manager said, "Launching this inaugural report is our first step towards accountability and transparency of our sustainable practices." * Potential fugitive emissions of Methane prior to combustion which is 23 time more potent than Carbon Dioxide. Central Finance’s group holding of NTB voting shares is 19.74% and together with its non-voting shares it has an economic interest of 21.38% in the bank, the company disclosed. INSEE contribution to sustainable development using Nature Based Solutions 09.08.2019. Sri Lanka's foremost cement manufacturer marked an important milestone in its ongoing journey of "Building the Nation" when Siam City Cement (Lanka) Ltd, also known as INSEE Cement Sri Lanka, announced the launch of the company's first Global Reporting Initiative (GRI) based and externally assured Sustainability Report 2018 on the 23rd of July 2019 at a conference held at Taj Samudra … Our Group. The report was officially made public at an event in Colombo featuring a panel discussion on sustainability. ... INSEE Cement Sri Lanka Hosts Glitzy Awards Night in Recognition of Top Performing Business Partners . Solution by. Central Finance too has been granted further time till Dec. 31, 2021, to come down to 15%, JKH’s Stock Exchange filing said. 2014 - 2016. … UltraTech Cement — India is the country's largest exporter of cement clinker. LNG is the lesser evil, and in the light of the CEBs reluctance accept the vast strides in technology which has made it possible for both wind and solar to be upgraded to firm sources of electricity generation, and due to the lack of any significant additions to the generation capacity for over five years, limited use of Natural Gas may have to be viewed as an interim option. About us – Vision, Mission, and Commitments. ... Report this profile About I know I m good ... INSEE Cement Dec 2018 - Present 2 years 1 month. Siam City Cement Public Company Limited. Cardiff Metropolitan University. This comes in addition to the pension scheme introduced to masons in partnership with the Employee Trust Fund Board (ETFB) of Sri Lanka. 3. INSEE SUPERBLOCK. READ MORE. Home The Company Products Offers News Locations Careers Contact Us. Chemanex PLC produces and distributes chemical and industrial intermediates in Sri Lanka. INSEE Cement Sri Lanka, has signed two memoranda of understanding (MoUs) with the Ministry of Environment and the Central Environmental Authority of Sri Lanka to support the government’s sustainability agenda.. INSEE Cement, under the patronage of Mahinda Amaraweera, Minister of Environment, has formalised two private-public partnership (PPP) projects supporting the … Wed, Oct 21, 2020, 10:37 pm SL Time, ColomboPage News Desk, Sri Lanka. 2. The Daily FT newspaper has reported that the company first launched the scheme in August 2020. The opening of the new Galle Cement Grinding Plant will make INSEE the first Loesche Vertical Mill in Sri Lanka; with a highly environmentally friendly production process. The document is the firm’s first GRI-based report post-acquisition by Siam City Cement Public Company (SCCC) of Thailand. The Monetary Board has noticed both John Keells Holdings and Central Finance that they should reduce their group holdings in the Nations Trust Bank to a maximum of 20% by the end of next year and 15% a year after. The report details cement tonnage volume and price trends in Sri Lanka as well as product segments, providing a strategic perspective on the evolution and an outlook through 2021 looking perspective on the market. In a move aimed at empowering the economically challenged communities across Sri Lanka, Litro Gas Lanka Ltd., recently signed an MOU with the Department of Samurdhi Development – Prajamula Bank Division. © 2020 Pro Global Media Ltd. All rights reserved. But is it a “Clean” source of energy? X Search. As usual Sri Lanka has missed the bus in this instance too. Business News: INSEE Cement, Sri Lanka’s leading and only 100% local cement manufacturer has issued an update and progress report of work completed towards the rehabilitation and reforestation efforts addressing the incident of illegal encroachment and forest clearing in its long-term leased land in Aruwakkalu. ABOUT US. Using cleaner, efficient energy for cooking also supports improving their living standards, thereby reduce indoor air pollution considered a globally critical issues among communities. This will enable the president to plan for the next goal of 100 % RE. For example the State Minister is keen to launch the 100 MW Solar park at Siyambalanduwa and a further 100 MW of solar and 150 MW of wind power in Pooneryn very early. Save my name, email, and website in this browser for the next time I comment. INSEE Cement | 5,063 followers on LinkedIn. Home The Company Products Offers News Locations Careers Contact Us The Company Products Offers … Brand Executive at Abans Group Sri Lanka Colombo District. Sri Lanka’s leading cement manufacturer INSEE Cement is driving transformation across the local construction industry with significant investments in empowering one of the sector’s key stakeholder groups; the mason. But the million dollar questions remains unanswered: 1. Insee Cement chairman Nandana Ekanayake said, "We are thrilled to be offering Sri Lanka's most loved homebuilding cement brand … Corporate Information Investor FAQ Financial Reports Stock Information Investor Presentations Q1 - 2021 Q2 - 2021 Q3 - … Our parent company, Siam City Cement Public Company is based in Thailand and provides world class construction materials for Thailand, Cambodia, Bangladesh, Vietnam, Indonesia and Sri Lanka. Process and Energy Manager at INSEE Cement Sri Lanka 286 connections. Following table shows the categorization of cement industry of Sri Lanka. The company has 12 integrated plants, one clinkerisation unit, 16 grinding units, six bulk terminals, one white cement plant, two Wallcare putty plants and 101 RMC plants — spanning India, UAE, Bahrain, Bangladesh and Sri Lanka. For Ajith Kumara Dissanayaka from Ambathenna, a mason for nearly 16 years, receiving all-round advancement through INSEE Sathkara has been truly life changing. Sudashini Christopher, company communications and reputation manager said, "Launching this inaugural report is our first step towards accountability and transparency of our sustainable practices." Therefore the addition of adequate battery storage is feasible to at least serve the peak loads as well as to make them sources of firm power. Report this profile About Experienced Process Engineer with a demonstrated history of working in the building materials industry. INSEE Cement Sri Lanka launches its Sustainability Report 2018. INSEE Cement, also known as Siam City Cement (Lanka), is expanding its current manufacturing capacity with 400,000 MT Cement Grinding Plant in Galle nearing completion. With a total of 1.6 Million Samurdhi recipients, the future potential for growth of this program is immense. Dialog Axiata continues to power Sri Lanka Cricket as official National Team Sponsor, Remarkable National Athletics Championship of 1995, Buoyed Lankans take on new look South Africans on Boxing Day Test, School athletes’ prospects at National Athletics Championship, The Darker Side and the Light at the end of the Energy Tunnel, Regulator notices JKH and Central Finance to reduce their NTB stakes, Litro Gas economically empowers Samurdhi beneficiaries, Bill Gates says current breakthroughs will make 2021 better than 2020. Integrating Advanced Analytics with front-line Business decisions, Your email address will not be published featuring panel... 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