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
Taranjit Singh Sandhu next Indian High Commissioner to Sri Lanka
-- [15 minutes ago]
69th WHO South East Asia regional committee session in Colombo from 5-9 September
Yoshitha Rajapaksa's grandmother summoned to court over property purchase
Report on Emerging Trends and New Opportunities in Sri Lanka's Insurance Industry
Transparency International Sri Lanka calls for response on 'Political Donations' allegation
SriLankan Airlines' flight schedule changes due to BIA runway work
Sri Lanka's Secretariat for Coordinating Reconciliation Mechanisms gets cabinet nod for its operations
Sri Lanka raises excise duty on diesel
Sri Lanka to take stringent domestic measures to protect migrant workers
Minister Bathiudeen summoned to Presidential Commission to record a statement on Sathosa

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.