Business
Tokyo Cement lays foundation for production expansion
Added one million metric-ton project to be completed by early 2023
The Management of Tokyo Cement Company (Lanka) PLC recently laid foundation for a factory expansion project in Trincomalee, to increase its manufacturing capacity by a further 1 million metric tons. The project scheduled to be completed by early 2023 will bring Tokyo Cement Group’s total installed capacity to 4 million MT, firmly establishing the company’s position as the largest manufacturer of cement in the country.
With the 18-month expansion plan Tokyo Cement will increase the production of TOKYO SUPER, NIPPON CEMENT and NIPPON CEMENT PRO, market leading brands of Ordinary Portland and Blended Hydraulic Cements, using state-of-the-art technology.
This will significantly enhance local value creation; with the addition of more direct and indirect employment opportunities, compounded by the thousands of ancillary product and service suppliers supported through local cement manufacturing, setting off a ripple effect of economic benefits for the country. The move will firmly establish the Tokyo Cement Company’s position as the leading partner in nation building.
Tokyo Cement Group Chairman – Dr. Harsha Cabral PC, Managing Director – S.R. Gnanam, Member of the Board of Directors – Ravi Dias, Executive Director – Christopher Fernando, were joined by Chairman, Raddella Holdings/Hanco Constructions (Private) Limited – Nihal Raddella for the foundation laying event.