Thu, 19 May 2022 Today's Paper

Piramal Glass invests Rs.3bn in new furnace

14 June 2016 10:22 am - 0     - {{hitsCtrl.values.hits}}

A A A

G l a s s b o t t l e a n d container manufacturer Piramal Glass Ceylon PLC, a unit of India’s Piramal Group, has invested Rs.3 billion to install a bigger furnace to expand its production, after reaching the lifespan of its current furnace. “Consequent to the completion of the life of the existing furnace, we have embarked on a major expansion project along with relining of the furnace,” Piramal Glass Ceylon Chairman Vijay Shah said.

Th e ex p a n s i o n i s slated to be completed by September 2016, with planning and execution b e i n g d o n e b y t h e Corporate Project Team from Piramal Glass India. Shah said that t h e expansion would increase the capaci ty of glass production to 300 tonnes per day from the current 250 tonnes per day. N o t i n g t h a t t h e government has a ‘myopic view’ with regards to furnace oil using industries by keeping furnace oil prices at 200 percent of the international levels, Shah noted that the new furnace would be dual fired.

“The new furnace would be a dual fired furnace (furnace oil/liquefied petroleum gas (LPG)) keeping in mind the current dynamic energy pricing scenario,” he said. Shah added that bottle forming machines and other downstream equipment capacity too would be enhanced, especially for specialty colour bottles for liquor and wine, to facilitate the incremental melting capacity of glass. He said that there were unforeseen interruptions in production due to the ageing furnace, but the company was able to meet the increased domestic demand by importing Rs.1 billion worth of glass.

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


“The interim government should operate for one year”- Champika Ranawaka

Samagi Jana Balawegaya (SJB) MP Patali Champika Ranawaka in an interview with

Constitutional Reform for ‘System Change’

A peaceful democratic ‘revolution’ is sweeping across Sri Lanka. It is a

Linus Jayatilake (Sept. 1942 - May 2022): A Comrade of all Working PeopLe

I first met Linus Jayatilake about a decade ago as some of us began engaging

Sri Lanka – In Lee Kuan Yew’s words

Lee Kuan Yew’s views about Sri Lanka have been published in three books, th