Silvermill grabs five awards
Silvermill Group of Companies won a total of 5 presidential export
awards at a gala event held on 9th August 2016. In attendance at this
occasion, organized by Export Development Board of Sri Lanka, was His
Excellency President Maithripala Sirisena and Hon. Navin Dissanayake,
Minister of Plantation Industries.
S.A.Silva& Sons Lanka (Pvt) Ltd, the market leader in manufacture and
export of desiccated coconut won 4 awards as the Highest Foreign
Exchange Earner and Highest Value Added Exporter in the coconut kernel
category for consecutive years 2014 and 2015. Thereafter, Silvermill
Natural Beverages (Pvt) Ltd, who pioneered manufacture of value added
coconut water in Tetra packs, was recognized as the Highest Value Added
Exporter in the Food and other Beverages sector for 2015.
Silvermill, with its origins dating back to 1920, is one of the
oldest coconut companies in the world. The Group has firmly placed Sri
Lanka on the world map as a reliable source of high quality coconut
products. These achievements were obtained despite several obstacles -a
challenging environment of inconsistent raw material (coconut) supplies,
high coconut prices verses other competing origins such as the
Philippines and Indonesia caused by imposition of excessive import
duties on edible oils, and outdated bureaucracy which does not promote a
culture of value addition.