Filtered Press Release : 2021 Oct

Tokyo Cement Company ramps up supply to address cement shortage

In a statement, Dr. Harsha Cabral PC, Chairman of Tokyo Cement Company (Lanka) PLC announces that the Company has taken several immediate measures to address the cement shortage in the market.

He states that Tokyo Cement is operating its cement manufacturing plant in Trincomalee at the maximum installed capacity of around 170,000 MT per month and will continue to supply cement island wide at the highest output levels. In addition to local production at maximum capacity, the Company has been importing 30,000 MT of bulk cement per month through the Tokyo Cement Colombo Terminal. Dr. Cabral further states that on a request made by the Government, Tokyo Cement has made special arrangements to import additional 12,000 MT of cement per month as an immediate contingency measure to alleviate the cement shortage currently prevailing in the market.

In his statement Dr. Cabral reiterates that Tokyo Cement Company as the country’s largest cement manufacturer will continue to fulfil its national duty at all times by ensuring an uninterrupted supply to meet the requirements of customers across the island. However, there is a shortage in cement availability in the market due to multiple reasons that are beyond the control of the company. First is due to the unavailability of bulk cargo carriers to ship raw materials as well as cement as a finished good. Secondly, considerable delays are encountered in opening LCs with the banks, wherein a process that would typically happen in the same day would now take weeks. These factors contribute in varying degrees to the current cement shortage in the market.

The company is currently expanding its manufacturing plant in Trincomalee to increase local production capacity by a further 1 million MT by deploying state-of-the-art technology. This expansion will firmly establish Tokyo Cement’s readiness to cater to future growth in demand in the local construction industry and reaffirm the Company’s position as the leading manufacturer and supplier of cement in Sri Lanka.

Tokyo Cement partners Sri Lanka Navy’s Mangrove Conservation Project in Jaffna

Mr. S.R. Gnanam, Managing Director of Tokyo Cement Company (Lanka) PLC joined the Commander of the Northern Naval Area, Rear Admiral Priyantha Perera at the mangrove planting event held at the Ponnalei causeway. The Sri Lanka Navy initiated a far-reaching conservation project to plant 5,000 Mangrove Trees in the Jaffna peninsula. The project launched under the aegis of Commander of the Sri Lanka Navy Vice Admiral Nishantha Ulugetenne, aims to plant mangrove saplings around the coastal lagoons in Jaffna and Kilinochchi Districts, reinstating their commitment to preserve the country’s marine and coastal environment. Tokyo Cement Group extended support to this great initiative by supplying over 3,500 mangrove saplings raised at their mangrove nursery in Trincomalee. A ship transported mangrove saplings from the Tokyo Cement Mangrove Nursery in Trincomalee to Jaffna Symbolizing the longstanding partnership between the two champions in marine conservation Mr. S. R. Gnanam, Managing Director of Tokyo Cement Company (Lanka) PLC and Mr. K. Mahesan, Government Agent/District Secretary of Jaffna graced the mangrove planting event organized by the Commander of the Northern Naval Area, Rear Admiral Priyantha Perera, at the Ponnalei causeway at the entrance to Karainagar Island. Key representatives of Jaffna fisheries communities were also present at this occasion to extend support to this remarkable endeavour by the Navy. The Sri Lanka Navy is an esteemed, long-term partner in two successful environmental conservation projects spearheaded by the Tokyo Cement Group. Their deep engagement in Tokyo Cement’s Coral Reef Conservation and the Mangrove Reforestation initiatives has helped extend the reach and impact of the programs. The Navy has so far planted over 20,000 mangrove trees propagated at Tokyo Cement Group’s Mangrove nursery in Trincomalee, along the Eastern and Northern costal belts. Supporting the Sri Lanka Navy in this farsighted initiative to restore the natural mangrove forest in the Jaffna peninsula strengthens this valuable partnership, further reiterating Tokyo Cement Group’s commitment to enrich the country, its people, and the environment.

Filtered Press Release : 2021 Oct

Tokyo Cement Company ramps up supply to address cement shortage

Tokyo Cement partners Sri Lanka Navy’s Mangrove Conservation Project in Jaffna

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