HomeNewsBuilding Sri Lanka’s Industrial Future: Macksons’ Ultra-Modern Processing Plant Initiative

Building Sri Lanka’s Industrial Future: Macksons’ Ultra-Modern Processing Plant Initiative

Published on

Macksons Minerals & Polymers (Pvt) Ltd, a subsidiary of Macksons Holdings, is embarking on an ambitious program to establish a state-of-the-art processing plant aimed at adding value to locally sourced minerals. The facility will produce Ultra-fine Ground Calcium Carbonate (GCC) and Dolomite Powders, as well as Solvent-based resins and Water-based binders. These products will cater to a variety of industries, including coatings, Ceramicware, building materials, and other Allied Industries.

The proposed manufacturing plant, spanning a 15-acre site in Milleniya, Paragasthota, will feature three dedicated production lines to ensure the efficient production of these high-quality materials. As a Board of Investment (BoI) venture, the project aims to serve both the local market and the indirect export sector. By reducing reliance on imports, this initiative is poised to significantly save foreign exchange outflows from the country while fostering sustainable industrial growth.

Through this venture, Macksons Minerals & Polymers reaffirms its commitment to advancing local industry standards, promoting economic development, and supporting Sri Lanka’s journey towards industrial self-reliance.
Macksons, a homegrown multinational conglomerate is proud to venture into this project that would benefit both our industries and economy immensely.

LATEST NEWS

Siyapatha Finance PLC Appoints Two Independent Non-Executive Directors to Board

Siyapatha Finance PLC has announced the appointment of Deshal de Mel and Nishani De...

Home Lands Strengthens Port City Colombo Presence with Second Strategic Land Acquisition

Home Lands Group has further strengthened its presence within Port City Colombo with the...

Kunming Expo Strengthens Sri Lanka’s Access to China’s Expanding Consumer Market

Sri Lanka’s participation at the 10th China-South Asia Exposition in Kunming has reinforced the...

Sri Lanka and Thailand Target Stronger Trade Growth Through FTA as Business Council Celebrates Silver Jubilee

Sri Lanka and Thailand are poised to strengthen bilateral trade, investment and economic cooperation...

MORE LIKE THIS

Siyapatha Finance PLC Appoints Two Independent Non-Executive Directors to Board

Siyapatha Finance PLC has announced the appointment of Deshal de Mel and Nishani De...

Home Lands Strengthens Port City Colombo Presence with Second Strategic Land Acquisition

Home Lands Group has further strengthened its presence within Port City Colombo with the...

Kunming Expo Strengthens Sri Lanka’s Access to China’s Expanding Consumer Market

Sri Lanka’s participation at the 10th China-South Asia Exposition in Kunming has reinforced the...