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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyToday at 7:02 pm by dhanurrox

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyToday at 10:04 am by කිත්සිරි ද සිල්වා

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyToday at 8:24 am by කිත්සිරි ද සිල්වා

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyToday at 5:45 am by Ethical Trader

» Dividend Announcement
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyYesterday at 5:30 pm by hammurabi

» Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyYesterday at 2:06 pm by Ethical Trader

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyYesterday at 11:31 am by bjmd

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyYesterday at 11:15 am by ruwan326

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyYesterday at 10:49 am by serene

» Flying is the Safest mode of Transport
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyYesterday at 7:07 am by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
Sri Lanka's Chemanex Plc, to exit closed export unit EmptySun May 19, 2019 6:10 pm by ruwan326

» My Port Folio Bleeding But Its just the Begining Of..
Sri Lanka's Chemanex Plc, to exit closed export unit EmptySat May 18, 2019 7:40 pm by serene

» HNB.N0000 ( Hatton National Bank PLC)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri May 17, 2019 9:54 pm by dhanurrox

» Sri Lanka mulls 25-pct ownership limit in finance companies
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri May 17, 2019 3:40 pm by Backstage

» Searing Heat in China Is Causing Havoc for Rubber Makers
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri May 17, 2019 2:43 pm by Backstage

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyThu May 16, 2019 8:00 pm by hammurabi

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyWed May 15, 2019 7:47 am by කිත්සිරි ද සිල්වා

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyWed May 15, 2019 7:30 am by කිත්සිරි ද සිල්වා

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyTue May 14, 2019 11:49 am by CK

» Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri May 10, 2019 7:15 pm by Backstage

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyThu May 09, 2019 7:54 pm by ruwan326

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyThu May 09, 2019 5:53 pm by Ethical Trader

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyWed May 08, 2019 5:43 pm by serene

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptySun May 05, 2019 6:51 pm by Backstage

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyThu May 02, 2019 11:27 am by Ethical Trader

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyWed May 01, 2019 3:49 am by Ethical Trader

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 26, 2019 8:18 am by කිත්සිරි ද සිල්වා

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 26, 2019 7:55 am by කිත්සිරි ද සිල්වා

» SERV - The Kingsbury
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyThu Apr 25, 2019 9:26 am by ruwan326

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyTue Apr 23, 2019 8:26 am by කිත්සිරි ද සිල්වා

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptyMon Apr 22, 2019 12:38 pm by ruwan326

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptySun Apr 21, 2019 8:13 pm by Rana

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptySun Apr 21, 2019 9:27 am by කිත්සිරි ද සිල්වා

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
Sri Lanka's Chemanex Plc, to exit closed export unit EmptySat Apr 20, 2019 10:07 am by ruwan326

» HASU.N0000 (HNB ASSURANCE PLC)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyThu Apr 18, 2019 6:05 pm by Ethical Trader

» EAST WEST PROPERTIES PLC (EAST.N0000)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyThu Apr 18, 2019 6:02 pm by Ethical Trader

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyWed Apr 17, 2019 6:33 pm by hammurabi

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

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Sri Lanka's Chemanex Plc, to exit closed export unit EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» Micro Finance
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyFri Apr 05, 2019 7:40 am by serene

» PLC.N0000 ( People's Leasing and Fiance PLC)
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Sri Lanka's Chemanex Plc, to exit closed export unit EmptyWed Apr 03, 2019 3:40 pm by catseye

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Sri Lanka's Chemanex Plc, to exit closed export unit

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Sri Lanka's Chemanex Plc, to exit closed export unit Empty Sri Lanka's Chemanex Plc, to exit closed export unit

Post by The Invisible on Sat Oct 20, 2018 9:00 am

ECONOMYNEXT - Sri Lanka's Chemanex Plc, said it was selling a 70 percent stak in an export unit for 20 million rupees to the other shareholders.

Chemanex said the unit, Cal Exports Lanka (Pvt) Ltd, will reduce its capital and from 42 million rupees to 18.7 million and return 9.2421 rupees per share on 2.52 million shares.

The firm was set up to manufacture industrial powder and adhesives.

The firm had said earlier, it was closing the business as it was found to be unviable. (Colombo/Oct19/2018)
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Sri Lanka's Chemanex Plc, to exit closed export unit Empty Re: Sri Lanka's Chemanex Plc, to exit closed export unit

Post by Ethical Trader on Sat Oct 20, 2018 2:32 pm

Thanks.

Naturally, many export oriented companies may become nonviable. Rest of the world can't compete with China because they support industries to export below the production cost. One should first study the Chinese model to breakthrough this impasse.
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Sri Lanka's Chemanex Plc, to exit closed export unit Empty Re: Sri Lanka's Chemanex Plc, to exit closed export unit

Post by Brave Heart on Sun Oct 21, 2018 10:12 am

Agree with your view ET.

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