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Saturday, 20 October 2012

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Govt encourages cement and asbestos production

The government is encouraging private sector cement and asbestos sheets production of both corrugated and flat type, required for large scale on-going construction projects in the country. The requirement of these materials is on the rapid increase, in view of the overall infrastructure development in the country.

In 2011 the production of cement in the country had been 2,446,198 mt valued at Rs. 18,920 m. Cement production in 2012 was 1,737,365 mt valued at Rs. 1,999,832 m. According to records available in 2011 Sri Lanka imported 2,576,495 mt of cement at a cost of Rs. 36,828 m. Local cement production is only 48 percent of the country's requirement. In 2011 the consumption of cement in the country was 5.02 million mt which is an increase of 4.82 percent over the previous year.

At present the factories in Puttalam, Galle and Trincomalee are engaged in the manufacturing of cement. In addition to the locally available ingredients, clinker is imported on a large scale for production requirements. A sum of around Rs. 15,967 m has been spent on purchasing 2,576,495 mt of clinker from abroad. In the meantime, the production of asbestos in Sri Lanka in 2010 was 446,367 mt. In 2011 it increased to 518,879 tons valued at Rs. 15,156 m.

The total import of asbestos fibre from Belgium, Brazil, Canada, Greece, Russia, South Africa and USA during 2011 was 61,094 tonnes. This is a 27 percent increase in imports of asbestos fibre compared to 2010.

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