Business
JAT sets sights on new benchmark in manufacturing excellence with initiation of new binder plant in Horana
JAT Holdings PLC, Sri Lanka’s market leader in wood coatings and brushes, recently achieved a significant milestone, with the official groundbreaking ceremony for its state-of-the-art binder plant, in Horana. This exciting development marks the beginning of a new era of operational efficiency and superior quality for JAT, as it ventures into manufacturing binders, which are the most essential raw material for emulsion paint.
With its commitment to backward vertical integration, heightened cost-efficiency, and unwavering dedication to quality, JAT’s binder plant will allow JAT Holdings to deliver unparalleled value to customers. It also represents a transformative leap forward, further cementing JAT’s position as the dominant player in the industry.
A special initiation ceremony was held to mark the occasion, at the site of the proposed new JAT binder plant in Horana, with key figures representing the Senior and Corporate Management teams of JAT Holdings PLC, in attendance. The event symbolized JAT’s relentless pursuit of excellence and innovation. It marked the commencement of construction of the new plant, which is expected to be completed by March 2024, laying a firm foundation for a new era of manufacturing capabilities for JAT.
Nishal Ferdinando, CEO of JAT Holdings, expressed his enthusiasm for the project saying, “The initiation of our binder plant demonstrates our commitment to innovation and continuous improvement. With this venture, we aim to revolutionize the paint industry in Sri Lanka and beyond, providing our customers with cost-efficient, high-value and superior products.”
The development of the binder plant creates great synergies with the newly incorporated state-of-the-art R&D center. Therefore, this move firmly positions JAT Holdings PLC as the industry leader, leveraging its expertise and cutting-edge technology to optimize its production process for the company’s flagship emulsion paint brand White by JAT.