insee cement sri lanka annual report

Annual Report 2019: Available as: PDF Publication Date: 28 April 2020. Central Finance’s group holding of NTB voting shares is 19.74% and together with its non-voting shares it has an economic interest of 21.38% in the bank, the company disclosed. This requirement is to conform with the law that individual and aggregate related party holdings in commercial banks be restricted to a maximum of 15% although time-bound extensions, some granted as long as 10 years ago, have been allowed. The Monetary Board has noticed both John Keells Holdings and Central Finance that they should reduce their group holdings in the Nations Trust Bank to a maximum of 20% by the end of next year and 15% a year after. Colombo, Western, Sri Lanka. The knowledge I gained about the industry, Sri Lanka Standards Institute (SLS) standards and safety requirements have made me a better professional, and my clients respect me more because of it,” stated Ratna Ravindara, a mason based in Kandy with over two decades of industry experience. Economic backdrop: Population, GDP structure by sector, GDP per capita, foreign direct investment This comes in addition to the pension scheme introduced to masons in partnership with the Employee Trust Fund Board (ETFB) of Sri Lanka. X Search. Presentation (Video) Presentation (Slides) Annual Report 2018: Available as: … The Ministry of Environment signed a Memorandum of Understanding (MoU) with INSEE Cement and Atlas Sri Lanka to support this recycling project. The company has 12 integrated plants, one clinkerisation unit, 16 grinding units, six bulk terminals, one white cement plant, two Wallcare putty plants and 101 RMC plants — spanning India, UAE, Bahrain, Bangladesh and Sri Lanka. ‘INSEE Sathkara’, a multifaceted initiative to develop local masons powered by INSEE Cement is shaping the mason of the future – a professionally, socially and financially empowered individual contributing significantly to the advancement of both the local construction industry and Sri Lanka’s economy. This training gave me knowledge and insight that I had not received in over a decade of working as a mason, and it made me look at my profession differently. INSEE SUPERBLOCK. Ruwan Madusanka. Brand Executive at Abans Group Sri Lanka Colombo District. Sudashini Christopher, company communications and reputation manager said, "Launching this inaugural report is our first step towards accountability and transparency of our sustainable practices." This professional up-skilling has enabled INSEE Cement to create much needed social recognition and acceptance for Masons across Sri Lanka as a crucial link in the construction industry value chain. Build for Life | INSEE Cement, also known as Siam City Cement (Lanka) Limited is a member of the Siam City Cement Public Company (SCCC). For Ajith Kumara Dissanayaka from Ambathenna, a mason for nearly 16 years, receiving all-round advancement through INSEE Sathkara has been truly life changing. 2014 - 2016. Under the agreement, Samurdhi recipients will now be able to upgrade to a Litro Gas cylinder, a cooker and an accessory pack at a concessionary rate, giving them the opportunity to make use of LPG as a clean and safe cooking energy. Wed, Oct 21, 2020, 10:37 pm SL Time, ColomboPage News Desk, Sri Lanka. Colombo, Western, Sri Lanka. Sri Lanka's foremost cement manufacturer marked an important milestone in its ongoing journey of "Building the Nation" when Siam City Cement (Lanka) Ltd, also known as INSEE Cement Sri Lanka, announced the launch of the company's first Global Reporting Initiative (GRI) based and externally assured Sustainability Report 2018 on the 23rd of July 2019 at a conference held at Taj Samudra … Sudashini Christopher, company communications and reputation manager said, "Launching this inaugural report is our first step towards accountability and transparency of our sustainable practices." Using cleaner, efficient energy for cooking also supports improving their living standards, thereby reduce indoor air pollution considered a globally critical issues among communities. Our Group. This will enable the president to plan for the next goal of 100 % RE. Siam City Cement Public Company Limited. Siam City Cement (Lanka) Limited. READ MORE. Central Finance too has been granted further time till Dec. 31, 2021, to come down to 15%, JKH’s Stock Exchange filing said. The resultant cost may not surpass the Rs 14.85 per unit expected from the LNG plant. There was no clear indication whether they will be permitted to continue holding their present stakes enjoying dividends and other shareholder rights except voting rights. All the annual reports of the John Keells Holdings PLC are shown here dating back to 2004. The CW Group Research report provides an in-depth and data-oriented analysis of the cement market in Sri Lanka. Annual Report of the Board of Directors 10 Statement of Directors' Responsibility 13 ... held on 18th September 2018 at the Association of Accounting Technicians of Sri Lanka, No. INSEE Mortar. 2. For more than a decade, Mr. Surana played a vital role in 5 different ... INSEE Cement Sri Lanka Hosts Glitzy Awards Night in Recognition of Top Performing Business Partners . Business News: INSEE Cement, Sri Lanka’s leading and only 100% local cement manufacturer has issued an update and progress report of work completed towards the rehabilitation and reforestation efforts addressing the incident of illegal encroachment and forest clearing in its long-term leased land in Aruwakkalu. Under this agreement, discarded waste material such as carbon pens and toothbrushes will be collected and repurposed by INSEE and Atlas. Sri Lanka escaped a potential disaster by not proceeding with an unsolicited proposal to set up a Floating Storage and Re-gasification Unit (FSRU) and a contract to supply LNG for 20 years on terms totally disadvantageous to us. … Commenting on the MOU, Koswatte says that empowering communities towards economic upliftment is a key component of the government’s commitment towards eradicating poverty as envisioned in the National Policy Framework ‘Vistas of Prosperity and Splendour’ (Saubhagyaye Dakma) of President, Gotabaya Rajapaksa. Report this profile About Experienced Process Engineer with a demonstrated history of working in the building materials industry. Having garnered a strong and successful working relationship in the past with SLIM, INSEE Cement works to further strengthen the partnership by Solution by. 4. “Elevating economically disadvantaged communities in this manner contributes towards expanding their livelihoods while enabling their economic upliftment.”. The signing took place between Anil Koswatte, Chairman & CEO of Litro Gas Lanka Ltd., and R. P. B.Thilakasiri, Director-General, Department of Samurdhi Development – Prajamula Bank Division. Process and Energy Manager at INSEE Cement Sri Lanka 286 connections. Wed, Oct 21, 2020, 10:37 pm SL Time, ColomboPage News Desk, Sri Lanka. The Annual Report for the year ended on December 31, 2018 is available in the Company s website at ... Sri Lanka and India. October, 8, 2020 INSEE Cement, Sri Lanka’s leading and only 100% local cement manufacturer has issued an update and progress report of work completed towards the rehabilitation and reforestation efforts addressing the incident of illegal encroachment and forest clearing in its long-term leased land in Aruwakkalu. Long-established ICS-member masons are also rewarded for their contribution to the local construction industry through ‘INSEE Garu Sara’. INSEE Cement’s approach is to build a certified and skilled workforce with recognized credentials to bridge a gaping skill gap in the construction industry. 26 July 2019. At Hatton National Bank for example, Harry Jayawardena related parties including Stassen, Milford and Distilleries, have been restrained from exercising voting rights in excess of the 15% cap by the non-registration of shares they continue to own. Investor Relations. I improved my tile work skills, which also increased my income,” Dissanayaka stated. INSEE Cement Sri Lanka launched its Global Reporting Initiative (GRI) Sustainability Report 2018 earlier this week showcasing the company’s ongoing efforts towards improving its performances, production processes, efficiency, and multiple community projects. INSEE Cement Sri Lanka, has signed two memoranda of understanding (MoUs) with the Ministry of Environment and the Central Environmental Authority of Sri Lanka to support the government’s sustainability agenda.. INSEE Cement, under the patronage of Mahinda Amaraweera, Minister of Environment, has formalised two private-public partnership (PPP) projects supporting the … 540, Ven. Factoring non-voting shares, it currently holds an economic interest of 32.5% of the bank, it disclosed. LNG is the lesser evil, and in the light of the CEBs reluctance accept the vast strides in technology which has made it possible for both wind and solar to be upgraded to firm sources of electricity generation, and due to the lack of any significant additions to the generation capacity for over five years, limited use of Natural Gas may have to be viewed as an interim option. Chemanex PLC produces and distributes chemical and industrial intermediates in Sri Lanka. The Litro Gas accessory pack exclusively provided for Samurdhi beneficiaries contains a Litro Gas cylinder, cooker, regulator, hose and two safety clips at a special price. INSEE Cement | 5,063 followers on LinkedIn. Natural Gas is certainly not a renewable energy resource. ... Report this profile About I know I m good ... INSEE Cement Dec 2018 - Present 2 years 1 month. Our 150-Year Journey History Leadership Our Brands. ... reputation as an honest and reliable provider of outstanding products and services and as a key player in several of Sri Lanka’s biggest transportation and infrastructure projects. Our parent company, Siam City Cement Public Company is based in Thailand and provides world class construction materials for Thailand, Cambodia, Bangladesh, Vietnam, Indonesia and Sri Lanka. A place for Prosumers and Electricity as a National Industry, In addition the innovative program of State Minister Duminda Dissanayake to provide 5 kW rooftop solar systems to 100,000 Samurdhi recipients without burdening the treasury is a major paradigm shift in the electricity sector whereby the smallest level of consumer becomes a generator of electricity for his own consumption with a significant surplus and thus becomes a PROSUMER whereby the Electricity Industry becomes a contributor to the GDP instead of being a mere facility for other sectors to grow. Sri Lanka’s leading cement manufacturer INSEE Cement is driving transformation across the local construction industry with significant investments in empowering one of the sector’s key stakeholder groups; the mason. INSEE Cement Sri Lanka has launched its first Global Reporting Initiative (GRI) by releasing its inaugural Sustainability Report 2018. It is also a matter of comfort to listen to the recordings of the above meeting, where the president was very clear in his instructions citing only Hydro, Wind and Solar as the renewable energy sources. Fortunately there is an interest to accelerate the implementation of the many stalled renewable energy projects, thus setting the country on the correct path. For example the State Minister is keen to launch the 100 MW Solar park at Siyambalanduwa and a further 100 MW of solar and 150 MW of wind power in Pooneryn very early. The document is the firm’s first GRI-based report post-acquisition by Siam City Cement Public Company (SCCC) of Thailand. Total cement used in Sri Lanka, between January and December 2011, rose 21.6 percent, to 4.58 million metric tonnes, according to the Central Bank of Sri Lanka. ARIBA. Sri Lanka’s leading cement manufacturer INSEE Cement is driving transformation across the local construction industry with significant investments in empowering one of the sector’s key stakeholder groups; the mason. ABOUT US. SITEMAP. Integrating Advanced Analytics with front-line business decisions, Your email address will not be published. ... Report this profile About I know I m good ... INSEE Cement Dec 2018 - Present 2 years 1 month. Insee Cement chairman Nandana Ekanayake said, "We are thrilled to be offering Sri Lanka's most loved homebuilding cement brand … The report details cement tonnage volume and price trends in Sri Lanka as well as product segments, providing a strategic perspective on the evolution and an outlook through 2021 looking perspective on the market. Corporate Information Investor FAQ Financial Reports Stock Information Investor Presentations Q1 - 2021 Q2 - 2021 Q3 - … Education Zahira College Zahira College Advance certificate couse in financial and management accounting Accounting. But is it a “Clean” source of energy? The products include gloves and additives. But the million dollar questions remains unanswered: 1. CONTACT US CONTACT US. Products and Services Project. Lanka Cement PLC Annual Report 2015 Page 5 Chairman’s Review Chairman’s Message It is a pleasure me to write this message as the Chairman of the Lanka Cement PLC for the 23rd Extraordinary General Meeting from 2010 to 2015 on behalf of Board of Directors of the But on a happier note, the world did not stand still, and technologies are now available to iron out variability and seasonal and diurnal nature of wind and solar energy . Under whose control will such supplies, presumably from an FSRU operate, and which is the location chosen? To secure a stronger financial future for masons, INSEE Cement has introduced a comprehensive life insurance policy with disability, medical and accidental cover. ISBN: 978-955-575-396-8. ABOUT US. The detailed data and analytical insights allow readers to develop strategic directions, competitive strategies and position their business to evolve with the industry and capture opportunities. What is the means of supplying LNG to the proposed 300 MW power plant at Kerawalapitiya? All the annual reports of the John Keells Holdings PLC are shown here dating back to 2004. Insee Cement chairman Nandana Ekanayake said, "We are thrilled to be offering Sri Lanka's most loved homebuilding cement brand Sanstha to all armed forces personnel island-wide.” He continued, “It was important for us to show all servicemen - those active, retired or disabled - our appreciation, as a mark of respect and gratitude for the sacrifices they have made for us, especially during these difficult times.". INSEE contribution to sustainable development using Nature Based Solutions 09.08.2019. Education Zahira College Zahira College Advance certificate couse in financial and management accounting Accounting. If the first LNG plant was initiated and a viable means of supplying the LNG was initiated in 2016, we could have avoided depending on emergency power for at least two years up to now, and it would have improved the space for greater level of integration of Solar and Wind to the national grid and the consequent reduction of the huge losses incurred by the CEB annually. INSEE Cement, Sri Lanka’s leading and only 100% local cement manufacturer has issued an update and progress report of work completed towards the rehabilitation and reforestation efforts addressing the incident of illegal encroachment and forest clearing in its long-term leased land in Aruwakkalu. * Potential fugitive emissions of Methane prior to combustion which is 23 time more potent than Carbon Dioxide. Executive summary. Sri Lanka: INSEE Cement has launched its first Global Reporting Initiative (GRI) based and externally assured sustainability report. ISBN: 978-955-575-396-8. 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