Ceylon Oxygen Ltd, exclusive industrial gasses partner to Colombo Dockyard PLC

Mangala Yapa, Managing Director/CEO of Colombo Dockyard Plc exchanging the agreement with Niran Pieris, Managing Director/CEO, Ceylon Oxygen Limited, Ranil Wijegunawardena, GM Finance, Colombo Dockyard Plc and Ms Mihiri Cabandugama, GM Sales & Marketing, Ceylon Oxygen Limited look on.

Ceylon Oxygen Limited (COL), a member of the Linde Group, said that it had exclusively entered into an agreement to supply liquid Oxygen, Nitrogen and Carbon Dioxide to the Colombo Dockyard PLC, the country's leading ship building, ship repair, heavy engineering and offshore engineering facility.

In conjunction with the new supply agreement, COL would also install a new 17 ton liquid Carbon Dioxide tank at the CDPLC premises to meet CDPLC's requirements for a greater storage capacity in line with its growing feedstock needs.

Ceylon Oxygen's Chief Executive, Niran Pieris in a press release said, "We are delighted once again to be chosen by our valued customer, the Colombo Dockyard as its industrial gasses partner.

Our partnership with the Colombo Dockyard, stretches back to over three decades and this latest agreement is a clear endorsement of Ceylon Oxygen's continued ability to deliver leading and cost-competitive industrial gas solutions. Our investment in our new state-of-the-art 62 tons per day air separation plant in Colombo, demonstrates that we are committed to ensuring that Ceylon Oxygen continues to increase its production capacity and capabilities, ensuring we remain well-positioned to support our customers in their growth plans."

Managing Director/CEO of Colombo Dockyard, Mangala Yapa, said, "Ceylon Oxygen Limited is our supplier of choice for liquid gases, given its leadership in the gases business and its ability to support the continuously evolving requirements of the Colombo Dockyard as we expand and modernise.

I am pleased that we have reached this new supply agreement with Ceylon Oxygen and look forward to continuing our mutually long-term beneficial partnership, especially as increasing numbers of international shipping companies come to Sri Lanka for their ship building and ship repair needs.