Atlas partners University of Moratuwa

Atlas, a manufacturer of a range of school and office stationery products, signed a MoU with the University of Moratuwa recently to set up a Rs. 20 million research and development laboratory at the University.

The decision to set up the R and D laboratory at the University was made to enhance the opportunities and resources available to local academia to encourage, develop and nurture local engineering talent, to compete regionally, said CEO, Atlas, Nirmal Madanayake.

He said that Atlas' partnership with the University would further assist local academia by encouraging them to link academic theory with practical and commercially viable business processes.

This approach would encourage more sustainable research and development processes and increase the opportunities and employability of students. "As a local company which has achieved international renown, Atlas firmly believes in the skill and potential of our people, and is firmly committed to spurring local talent to achieve ever greater heights," he said.

The R and D lab will focus on developing and enhancing energy and cost efficient production processes, adding commercial value and versatility to existing products and constantly develop new and innovative products.