Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Troubled glove manufacturer in Sri Lanka to relocate to a new facility
Fri, Dec 20, 2013, 01:56 am SL Time, ColomboPage News Desk, Sri Lanka.

Dec 19, Colombo: After months of closure due to the dispute over ground water pollution Sri Lanka's troubled glove manufacturer Dipped Products has decided to relocate its factory to a manufacturing zone.

The company said in a stock market disclosure Thursday said that the Board of Directors has made a decision to invest in a new manufacturing facility at the Biyagama Board of Investment (BOI) Zone.

The company's troubles began when it was compelled to close down its glove manufacturing operations carried out by its subsidiary Venigros located at Weliweriya from end of July 2013 following the allegations and protests by the residents that the effluents from the factory had contaminated the ground water.

"In spite of all efforts made by the management to resume operations, inter alia, continued opposition by a certain segment of villagers has prevented the company from doing so for the last 5 months," Dipped Products said in the statement to the Colombo Stock Exchange.

The new venture will obtain all the requisite approvals and initiate required formalities for this purpose in accordance with the applicable laws, the company said.

Dipped Products expected to commence operations at the new facility from mid April 2014.

ColomboPage - Recent 10 Stories
Sri Lanka fourth worst place for journalists' murders to go unsolved
-- [4 hours ago]
Sri Lankan government says open for discussion with proscribed organizations
-- [5 hours ago]
Sri Lankan authorities set up center for monitoring tobacco, alcohol and illicit drugs
-- [5 hours ago]
Tamil MP says peace and harmony in Sri Lanka yet a distant dream
-- [5 hours ago]
International body names extremist Buddhist organization in Sri Lanka as a terrorist organization
-- [5 hours ago]
Sri Lanka's Justice Minister discusses Law College admission issues with chief prelate
-- [5 hours ago]
Sri Lanka Defense Secretary meets Malaysian PM
Health Ministry warns Sri Lankan public not to purchase drugs online
Sri Lanka investigates associates of killed LTTE operatives
Condé Nast Traveler features Sri Lankan string hopper mold

Copyright © 2000, 2014 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.