Home / Property/Construction/ INSEE Ecocycle Lanka now separate company, diversifies industrial waste management solutions

INSEE Ecocycle Lanka now separate company, diversifies industrial waste management solutions


Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 10 July 2018 00:00


From left: INSEE Ecocycle Lanka General Manager Sanjeewa Chulakumara, INSEE Cement Sri Lanka Chief Financial Officer Bruno Pitzini, INSEE Cement Sri Lanka CEO Nandana Ekanayake and BOI Katunayake Export Processing Executive Zone Director Eng. M.K.D. Lawrence after unveiling the plaque

INSEE Ecocycle Lanka team explaining about the company’s newly-diversified Ecocycle Environmental Services to BOI Katunayake Export Processing Executive Zone Director Eng. M.K.D. Lawrence and INSEE Cement Sri Lanka CEO Nandan Ekanayake

 

INSEE Cement Sri Lanka celebrated the INSEE Ecocycle Lanka spin-off launch ceremony on 2 July at the Ecocycle Pre-processing Facility (PPF) in Katunayake followed by a post-launch function at INSEE Puttalam Cement Plant in the evening. 

INSEE Ecocycle Lanka has stepped into one of the most important milestones in its journey. The company now operates as a separate legal entity and a fully owned subsidiary of INSEE Cement Sri Lanka.

INSEE Cement Sri Lanka CEO Nandana Ekanayake, BOI Katunayake Export Processing Executive Zone Director Eng. M.K.D. Lawrence and INSEE Ecocycle Lanka General Manager Sanjeewa Chulakumara inaugurated the event together with the leadership team comprising Executive Committee directors and senior management of INSEE Cement, Sri Lanka. 

Speaking at the event Chulakumara said: “Our parent company, Siam City Cement PCL, also known as INSEE Group in Thailand, has the expertise in environmental services of the waste management. At INSEE Ecocycle Lanka we will constantly look at how we can provide a solution to all our customers. We are diversifying our business model to suit the customer needs and to be an environmentally and socially responsible company because we want the businesses and the communities at large to have peace of mind.”

He added: “We are committed to strengthening all industries and the Government of Sri Lanka in the sphere of waste management, because tomorrow matters.”

Fifteen years ago, INSEE Ecocycle started its operations in a small way. At the outset waste management was not as ‘in demand’ as it is now. Then, the consequences of not having waste management was not an important priority for ordinary Sri Lankans. 

In those days the waste that needed to be disposed of was mostly rice/paddy husk. In fact, the first waste disposal that was ‘co-processed’ was few tires and paddy husk. Ecocycle started managing industrial waste with one customer and the numbers have gradually increased. Today INSEE Ecocycle Lanka has over 500 customers. Most of them are big local conglomerates, but nearly 40% are Government departments and bodies such as the Board of Investment (BOI) and Ministry of Health.

The company has evolved steadily, and last year launched INSEE Ecocycle with Siam City Cement Group. 

The founding leaders of the Ecocycle business who ventured into this industry at a time when there was no great demand and to invest generously meant that they were visionaries with a lot of courage.

Ecocycle is mostly engaged in industrial waste management giving corporates the option of disposing their waste in an environmentally friendly manner, leaving the liability to INSEE Ecocycle.

 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Untruth is the crisis

Tuesday, 13 November 2018

Political language, said George Orwell, is designed to make lies sound truthful, murder respectable, and to give an appearance of solidity to pure wind. Dr. Sarath Amunugama is the subject of this essay. In addition to his current incarnation of a p


Rise, Sri Lankans – our country needs you now!

Tuesday, 13 November 2018

I am sick, tired and bloody fed up of reading and listening to pessimistic tales of woe on the unprecedented crisis we and our country are facing at this dark moment in time. I am also fed up to the back teeth with reading and listening to lamentatio


Ranil abused and subverted parliamentary democracy

Tuesday, 13 November 2018

TIME: What was the immediate reason for calling an election? President Kumaratunga: I was forced into it by a total breakdown of cohabitation in Government. The Prime Minister (Ranil Wickremesinghe) was determined to harass me and chase me out. He ha


The Bench must ensure that the judges will continue to be trusted

Monday, 12 November 2018

In the backdrop of the recent developments and the strong arguments that have been presented against the dissolution of Parliament saying the President has no constitutional power to do so, before four and a half years into a Parliamentary term, as s


Columnists More