Business
Lanwa Sanstha Cement to commence operations in June
State-of-the-art cement manufacturing facility Lanwa Sanstha Cement Corporation (Pvt) Ltd which is slated to be one of the largest in the region is scheduled for commissioning in June 2021. The facility is spread across 63 acres is in the Mirijjawila Export Processing Zone, Hambantota.
A BOI venture, the investment for Phase 1 of project was USD 70 mn & the production capacity of same is estimated to be 2.4 million metric tons per annum. In the second phase, a further investment of USD 10 mn will be infused to the project whereby the production capacity will expand by another 1.2 mn MT. One of the highlights of the facility would be the emphasis on latest technology where all mixing will be carried out with latest German-made Gebr Pfeiffer machinery while many of the other equipment used throughout the production process have been customized by the world renowned pioneer in innovation, Siemens. Packaging is done using FLSmidth state-of-the-art technology for improved efficiency and minimal wastage.
Chairman of Lanwa Sanstha Cement Nandana Lokuwithana said: “This facility will serve to benefit the construction industry tremendously by delivering products of premium quality to the market. The plant is the first of its kind in Sri Lanka utilizing cutting-edge European technology to yield optimum outcomes while being environmentally conscious through continuous monitoring.”
The manufacturing facility features a fully automated Stacker Reclaimer Yard and two Bridge Type Ship Unloaders, a breakthrough in cargo handling shifting from labor-intensive to tech-oriented aligning local industry with global trends. Lanwa Sanstha Cement will have a storage capacity the equivalent of three cargo ships and an impressive 2.4km covered conveyer belt for transportation of raw materials from port to plant with increased efficiency, no wastage & zero pollution which sets the precedent for other enterprises too in manufacturing to preserve nature by working smarter. All these features are new to Sri Lanka and only available at a handful such facilities regionally.
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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