Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka Petroleum authority to establish Lubricant Blending Plant with Malaysian company
Sun, May 11, 2014, 09:01 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 11, Colombo: Sri Lanka's Ministry of Petroleum Industries plans to establish a Lubricant Blending Plant in the country as a joint venture between the state-run fuel supplier, Ceylon Petroleum Corporation (CPC) and a Malaysian company.

The joint venture between CPC and Hyrax Oil of Malaysia with a US$ 9 million investment will cater to the local market as well as to the export market, according to the government.

The Kuala Lumpur-based Hyrax Oil is a Malaysian manufacturer of petroleum derivatives with a vast customer base worldwide.

Sri Lanka's cabinet recently approved a proposal put forward by the Petroleum Industries Minister Anura Priyadarshana Yapa to proceed with the related activities.

ColomboPage - Recent 10 Stories
China - Sri Lanka cooperation only for peace and development - envoy
-- [2 hours ago]
Identity of Sri Lanka election rally shooting suspect revealed
-- [3 hours ago]
Sri Lanka PM says many tasks for new government, counts on Speaker for consensus in House
-- [3 hours ago]
Nestlé Lanka PLC opens trading at Colombo Stock Exchange
-- [4 hours ago]
Sri Lanka's Northern Provincial Council unanimously calls for an international tribunal
-- [5 hours ago]
'India - Sri Lanka relations now on a sound footing'
-- [6 hours ago]
Sri Lanka President urges legislators to end divisive politics and strengthen national government
-- [7 hours ago]
Leader of the House and Chief Government Whip Appointed
Sri Lanka Tourism to focus on an Indian niche market- IAS officers
Sri Lanka Navy arrests 16 Tamil Nadu fishermen

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, 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 LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.