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Investment Breakdown
Allocation of the Rs. 2.3 billion investment
Primary Sources
Hayleys' Dipped Products expands high-value glove manufacturing with Rs ...
Hayleys Co-Chairman Dhammika Perera (right) along with Chairman and Chief Executive Mohan Pandithage (second from left) view operations at DPL’s newly commissioned automated glove manufacturing facility in Kottawa. DPL Managing Director Pushpika Janadheera is also present Boosts export competitiveness with expansion of production capacity to meet rising global demand for high-value protective gloves Introduces first-of-its-kind robotic technologies in Sri Lanka’s glove manufacturing sector Dipped Products PLC (DPL), a subsidiary of Hayleys PLC, officially inaugurated a series of major capacity expansion projects at its Kottawa manufacturing facility recently, marking a significant step forward in supporting export growth alongside advancements in robotic automation, efficiency, and sustainability. The Rs. 2.3 billion investment is expected to enhance DPL’s capacity to meet rising global demand for specialised protective gloves, strengthening Sri Lanka’s position in high-value rubber exports and contributing to increased foreign exchange earnings. The expansion comprises two advanced Glove Dipping Plants, a modern Effluent Treatment Plant (ETP), and a high-efficiency Steam Boiler, collectively reinforcing export readiness while improving environmental performance. At the core of the expansion is the fully automated Electrician’s Glove Dipping Plant, designed for the production of specialised gloves. The facility integrates industrial robots alongside a track-mounted robot enabling automated transfers, handling payloads of up to 300 kilograms, marking the first application of this level of robotic integration in Sri Lanka. Complementing this is the Natural Rubber and Blended Glove Dipping Plant, a state-of-the-art facility. The plant introduces synchronised multi-robot dipping technology to Sri Lanka, operating within a fully integrated system to enhance precision, consistency, and throughput. DPL Managing Director Pushpika Janadheera said: “This investment reflects a deliberate step in strengthening how we scale our export manufacturing operations while maintaining quality and environmental responsibility. The integration of advanced automation and supporting infrastructure enables us to improve efficiency across the facility, while ensuring we are better positioned to meet evolving customer and industry requirements.” DPL has strengthened its environmental and utility infrastructure through the installation of a modern ETP. The new ETP is engineered to ...
Vidullanka buys 49 percent stake in Storex for Rs 2 billion
Vidullanka said it entered into a share sale and purchase agreement and a shareholders' agreement to buy a 49 percent equity stake in Storex (pvt) Limited for around Rs 2 billion with WindForce holding the remaining 51 percent stake. The investment pertains to a portfolio of 12 BESS projects (each with a capacity of 10 […]
Bullish Shares Dip on Earnings Miss, $605 Million Loss as ... - Decrypt
Bullish Shares Dip on Earnings Miss, $605 Million Loss as Value of Crypto Holdings Fell Bullish shares fell Thursday after the company reported a first-quarter loss alongside disappointing subscriptions and services revenue.
Sri Lankan Lottery Results Online - Lottery Results in Sri Lanka ...
Online Fastest Lottery Results Provider in Sri Lanka. National Lotteries Board (NLB) and Development Lotteries Board (DLB) - Lottery Results in Sri Lanka
