Sunday Dec 15, 2024
Sunday Dec 15, 2024
Friday, 5 December 2014 00:28 - - {{hitsCtrl.values.hits}}
Chevron Lubricants Lanka PLC yesterday ceremoniously inaugurated the new state-of-the-art blending plant and warehouse complex built at the Lindel Industrial Estate in Sapugaskanda.
Chevron Lubricants President Colleen Cervantes, Vice President Lubricants Asia Pacific Region Farrukh Saeed, Chevron Lubricants Lanka PLC CEO/Managing Director Kishu Gomes, Government Ministers, local dignitaries, media, staff and the other key stakeholders of the company were present.
The new blending facility is built on a 4½ acreage of land and has a floor area of 5,000 sq m to enable Chevron Lubricants Lanka PLC to blend with the nations growth better. This semi-automated plant has the capacity to produce 45 MML per annum of finished lubricants in a single shift operation with improved material flow for optimal efficiency and productivity. It is also equipped with an in-house modern laboratory facility and on-site base oil and finished lubricants storage tank farm.
The modern warehouse with an efficient racking system has 1.4 million litre storage capacity for raw materials and finished products. The plant is conceptualised and designed by the US experts and is on par with the very latest global technology and safety standards.
As a publicly-listed entity with 49% public shareholding with above average returns to its shareholders by way of dividends and ever-increasing market capitalisation, this investment will help the company to make a greater contribution towards the economic development of the country with export market expansion.
Further, Chevron Lubricants Lanka is strategically powered by local value addition through partnerships with leading local suppliers of the calibre of Hayleys Logiwiz, Aitken Spence, Phoenix and Sedawatta Mills to further strengthen the contribution made to the Sri Lankan economy.
The company has generously contributed to the national health, road safety, sports and education to empower the Sri Lankans through its effective CSR initiatives. Further, the company’s operations in Sri Lanka are manned by a 100% Sri Lankan staff and the company also has shared its human resource expertise with other countries, giving the staff exposure in foreign soils while earning foreign currency for the country.
The company has created direct and indirect employment, self-employment opportunities to eradicate unemployment in Sri Lanka and has made significant contribution to the Government coffers. Chevron Lubricants Lanka PLC is a manufacturing organisation which is very much focused on “safety,” which focus has made the organisation one of the most rare “accident free” manufacturing operations in Sri Lanka.
Chevron Lubricants Lanka PLC is confident that the new lubricant blending plant based in Sapugaskanda, with the in-house warehouse facility and laboratories, would better the efficiency in serving the Sri Lankan market as well as the exporting markets; Bangladesh and Maldives to support Sri Lanka’s growing economy.
