Ceylon Glass Company revived

The Ceylon Glass Company has been revived and re-established in the Horana Export Promotion Zone in terms of a new investment agreement signed with the BOI recently.

Under the terms of this agreement the BOI will provide a range of facilities for this project established under the BOI ‘Products Sri Lanka 300 enterprises’ programme.

Accordingly the Ceylon Glass Company factory which operated in Ratmalana has been shifted to a new 26 acre location in the Horana Export Promotion Zone with the company investing US $ 20 million under the programme’s first stage, the Government Information Department said in a press release yesterday.

The company’s previous factory premises at Ratmalana will be exclusively used for office and storage facilities.

The new technological assistance provided would enable the company to increase its daily production capacity to 250 tons and launch three modern bottle shapes of various colours.

Ceylon Glass Company CEO Sanjaya Hiwara said the new factory at Horana had four production lines at present with a daily capacity of 200 tons. Another production line would be added soon to enable it achieve a daily capacity of 250 tons.

The local demand for its products had shown an increase of 8 to 10 per cent while export orders were also on the increase. The company has successfully entered the UK market as well and exported coloured bottles for distilleries producing high quality liquor products.

In addition to the bottle factory, the company maintained a sand processing factory at Nattandiya which recycled glass in an environment friendly manner by collecting glass pieces at grass roots level on a countrywide basis.