Business
Chem-Trend celebrates a decade of success in Sri Lanka
Chem-Trend, a global leader in the design, development, and manufacturing of high-performance release agents, purging compounds, and other ancillary molding products, recently celebrated a decade of outstanding success in Sri Lanka with ambitious plans to expand its solutions portfolio to many other industry sectors driven by sustainability and innovation.
Establishing its presence in Sri Lanka on the eve of its 50th anniversary, predominantly serving the country’s tyre industry with its revolutionary products, the first semi-permanent release agents in the industry introduced three decades ago. Chem-Trend continues to be a leading brand in tyre, rubber and rotational molding.
Chem-Trend offers a wide portfolio of conventional, semi-permanent and silicone-free release agents. As an integral part of many manufacturing processes across diverse industries, these specialty mold release agents help businesses enhance their productivity and optimize efficiencies such as increased life cycles, extended lifespan of tool, die, mold, improve part and surface quality, and reduce scrap and defect rates amongst other benefits.
It also has an extensive range of advanced purging compounds including its Ultra Purge brand and molding ancillaries for a wide variety of applications including thermoplastics processing, die casting, wood fiber pressing, molding for polyurethane, tire, rubber and composites, and many other solutions for common problems.
Earlier this year, Chem-Trend announced that it has extended its services in Sri Lanka to include composites, polyurethane, thermoplastics, and wood composites. The global leader has been an active innovation partner in the local automotive industry.
With businesses in Sri Lanka and all around the world pledging to minimize environmental impact with better efficiency and more sustainable manufacturing, Chem-Trend takes great pride in being a partner for many in their journey towards embracing sustainability, a natural part of the company’s philosophy and core beliefs.
Its quest for continuous innovation and has always been at the core of the company. Some of its most notable ones include Preform Coating System (PCS), High Efficiency Release Agent (HERA™), Silicone Free Inside Tire Paints, The DilutionIQ™ System, and most recently the Silicone and Solvent-Free Release Agent Zyvax 1070W, an aerospace game-changer.
Its brand portfolio include Chem-Trend, Chemlease, Lusin, Ultra Purge, and Zyyax, with long standing success in industries such as Aerospace, Automotive and Transportation, Construction, Mining and Industrial, Consumer Goods, Electronics, Energy, Marine Craft, Medical Equipment, Packaging, and Sporting Goods.
Founded in 1960, today Chem-Trend, with parent company Freudenberg, have a global presence, serving nearly every manufacturing industry and leading the release agent and purging compound industries in innovation, in research, and in sustainability. For more information, visit www.chemtrend.com.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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