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Sunday, 9 October 2011

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The proposed steel production plant at Athurugiriya.

New plant to produce 500 MPa and above rods :

Steel Corp to launch $ 80 m steel village

Construction material manufacturers are expediting operations to capitalise on the construction boom in the country following mega projects being rolled out by multinational companies. Steel rod manufacturers are among the beneficiaries of the expansion in the construction industry which is a major contributor to the economic growth of the country.

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Chemical imports to be regulated

Sri Lanka will regulate the use of hazardous chemicals and monitor industries that use them to draw international investments into the chemical sector and to create industrial awareness, “I am glad to record that my Ministry has commenced designing a Chemical Emergency First Responders’ Plan.

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SMS Holdings to build fifth factory

SMS Holdings (Pvt) Ltd, the market leader in interlocking paving blocks will invest Rs 40-50 m to build its fifth factory in Batticaloa. Construction work will start on October 14. Chairman and Managing Director of the company Shehan Senevirathne said that they enjoy a market share of 60 percent and export to the Maldives as well.

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'Steve Jobs will be truly missed'

The passing away of Steve Jobs, co-founder and chairman of Apple Inc. is a huge blow to the e-age which the world believes that the leading light in the digital age has been lost. National Chamber of Commerce of Sri Lanka, President Asoka Hettigoda said that Jobs revolutionsed the way of doing business. His innovations have changed lifestyles.

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Janashakthi launches livestock insurance

Janashakthi Insurance launched the Janashakthi Livestock Insurance Policy. Private owners, dairy farms, co-operatives, corporate dairies and livestock breeders across Sri Lanka will have access to Janashakthi’s Livestock Insurance Policy through which they can insure cattle,

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