Home
Login to reply
First Guy- Posts : 2599
Join date : 2014-02-22
PCHH subsidiary Bieco Link to resume activated carbon production
Wed Feb 11, 2015 6:48 am
In a corporate disclosure submitted to the Colombo Stock Exchange dated 6 February, PCH Holdings PLC stated that its subsidiary Bieco Link Carbons Ltd. expects to be fully operational once its custom-built factory on a 12-acre freehold property in Giriulla is upgraded and refurbished shortly.
PCHH majority shareholder Adam Investments Ltd. took control of Bieco Link Carbons Ltd. in November 2014, launching a program to revive the company and resume production.
“Giriulla town and residents depended on the factory for employment and income,” said Chaminda Banduthilake, Managing Director of PCH Holdings PLC.
Situated in the heart of the coconut triangle, the factory has the capacity to produce 500 MT of granular activated carbon per month for export. “With the reopening, the economy and inhabitants of Giriulla once again stand to benefit from our operations,” he noted.
From 1989, until early 2014 when the factory was shut down by previous management, Bieco Link Carbons was Sri Lanka’s only manufacturer of coconut shell activated carbon in granular and powdered form using both vertical and rotary kiln technologies in steam activation process.
“The factory was once the second largest exporter of activated carbon,” stated Banduthilake, “We expect to not just restore it to its former glory, but exceed it in performance and profitability.”
Activated carbon is used a purification agent in water treatment and air purification, as well as in the gold refining, petroleum and chemicals industry. Any carbonaceous materials can be used as a raw material to manufacture activated carbon, such as coconut shells, peat, wood, or coal. Sri Lanka’s six activated carbon manufacturers prefer coconut shell charcoal for its ready availability in the island.
The vertical kilns produce activated carbon that is more efficient in gas absorption than that of rotary products. By carrying out the carbonisation in closed kilns, instead of the traditional open pit method, Bieco Link Carbons has taken steps to eliminate pollution and avoid contamination from other substances.
http://www.ft.lk/2015/02/11/pchh-subsidiary-bieco-link-to-resume-activated-carbon-production/
PCHH majority shareholder Adam Investments Ltd. took control of Bieco Link Carbons Ltd. in November 2014, launching a program to revive the company and resume production.
“Giriulla town and residents depended on the factory for employment and income,” said Chaminda Banduthilake, Managing Director of PCH Holdings PLC.
Situated in the heart of the coconut triangle, the factory has the capacity to produce 500 MT of granular activated carbon per month for export. “With the reopening, the economy and inhabitants of Giriulla once again stand to benefit from our operations,” he noted.
From 1989, until early 2014 when the factory was shut down by previous management, Bieco Link Carbons was Sri Lanka’s only manufacturer of coconut shell activated carbon in granular and powdered form using both vertical and rotary kiln technologies in steam activation process.
“The factory was once the second largest exporter of activated carbon,” stated Banduthilake, “We expect to not just restore it to its former glory, but exceed it in performance and profitability.”
Activated carbon is used a purification agent in water treatment and air purification, as well as in the gold refining, petroleum and chemicals industry. Any carbonaceous materials can be used as a raw material to manufacture activated carbon, such as coconut shells, peat, wood, or coal. Sri Lanka’s six activated carbon manufacturers prefer coconut shell charcoal for its ready availability in the island.
The vertical kilns produce activated carbon that is more efficient in gas absorption than that of rotary products. By carrying out the carbonisation in closed kilns, instead of the traditional open pit method, Bieco Link Carbons has taken steps to eliminate pollution and avoid contamination from other substances.
http://www.ft.lk/2015/02/11/pchh-subsidiary-bieco-link-to-resume-activated-carbon-production/
Permissions in this forum:
You cannot reply to topics in this forum