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Teapot refineries News

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Local News

Government Announces Fertilizer Subsidy Boost for Small-Scale Tea Growers.

May 12, 2026 at 5:25 AM

The Sri Lankan government has introduced an additional fertilizer subsidy for small-scale tea plantation owners to mitigate the financial impact of rising global fertilizer prices and logistical costs.

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Government Announces Fertilizer Subsidy Boost for Small-Scale Tea Growers
Image Credit : adaderana.lk
Local News

RTS Holdings Sets Industry Standard with Zero Carbon Certification for Tea Facilities.

RTS Holdings has achieved Zero Carbon Manufacturing Certification for its Hidellana and Avissawella tea factories, marking a significant step in sustainable Ceylon tea production through carbon offsetting and operational energy efficiency.

May 11, 2026 at 7:49 AM
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Local News
RTS Holdings Sets Industry Benchmark with Carbon-Neutral Tea Production
Image Source : magzter.com

RTS Holdings Sets Industry Benchmark with Carbon-Neutral Tea Production.

May 11, 2026 at 4:19 AM
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Local News

SINOPEC Reevaluates $3.7 Billion Hambantota Refinery Amid Local Market Share Disputes.

China’s SINOPEC has stalled the $3.7 billion Hambantota oil refinery project, citing concerns that the current 20% local market allocation is insufficient for economic sustainability, with reports suggesting they are seeking a 30% share.

May 4, 2026 at 12:18 AM
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Local News•
May 3, 2026 at 2:33 AM

Sri Lanka’s Tea Sector Faces Existential Crisis Amidst Regional Turmoil and Rising Costs.

The Planters' Association of Ceylon is calling for urgent reform of industry cost structures as the tea sector grapples with 45% export dependency on Middle Eastern markets currently threatened by instability in the Strait of Hormuz.

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International News

US Imposes Sanctions on Chinese Oil Giant Over Iranian Crude Purchases.

April 25, 2026 at 7:25 AM

The US Treasury has sanctioned Hengli Petrochemical, one of China's largest independent refineries, for its role in generating significant revenue for the Iranian military through oil purchases.

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US Imposes Sanctions on Chinese Oil Giant Over Iranian Crude Purchases
Image Credit : aljazeera.com