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Message: <blockquote data-quote="monson" data-source="post: 24354738" data-attributes="member: 30005">H’tota cement plant completes ground consolidationThe $ 100 million cement grinding, blending, and packing plant for which the foundation stone was laid in Hambantota two weeks ago has completed the ground consolidation on the 63 acres of land it was allocated at the Mirijjawila Export Processing Zone (EPZ) completed.The main investor of the project, Ceylon Steel Corporation Ltd. (CSCL) said it hoped to conduct a trial run of the plant in July and August next year and then commission the plant by October or November 2020.“All the ground work including cutting of soil and levelling are almost completed,” CSCL Head of Communication Taya Diaz told The Sunday Morning Business.According to the company, the plant will comprise of state-of-the-art machinery where the entire cement manufacturing operation will take place in enclosed chambers not allowing a single particle of dust to escape into the environment.“We completed the Environmental Impact Assessment (EIA) successfully. There is a Hambantota Port International clearance that is being done at the moment. We are bringing in a totally enclosed manufacturing technique. All activities will take place inside the chambers,” Diaz said.The cement plant is expected to create 500 direct employment and 1,500 indirect employment opportunities.He added that prior to the announcement of the project last month, the CSCL had been in continuous discussions with the BOI, where various conditions and terms were laid out by the BOI to be met before proceeding to the next level. Following that, the CSCL had made initial payments to the Board of Investment (BOI) for the commencement of operations.“Those things are met and that is why we went ahead and did the ground clearance, consolidated the ground, and then moved onto a tentative agenda. There is a report on the progress actually.”The BOI told The Sunday Morning Business that the main investors of the plant are CSCL and Onyx Group of Companies (UAE), with the former pumping in $ 75 million and the UAE company contributing the remaining $ 25 million.The main purpose of the plant is to cater to the domestic demand for cement. Sri Lanka has an annual cement demand of about 8.5 million metric tonnes of which about 2.8 million tonnes are produced domestically and the rest is imported.Contd. on page 2Cement…Upon its completion, the plant is expected to produce two to three million tonnes of cement per annum.CSCL, with its brand presence as Lanwa Sanstha Wane, is the foremost steel manufacturer that has won the trust of a discerning clientele for generations for its quality, standards, and affordability.The foreign partner – the Onyx Group of Companies – has been operating in the United Arab Emirates (UAE) since 2005 and is active in the fields of construction, designing and developing of projects, hospitality, real estate, fashion, and catering.- <a href="http://epaper.themorning.lk/Home/ShareArticle?OrgId=edca3be3" target="_blank">http://epaper.themorning.lk/Home/ShareArticle?OrgId=edca3be3</a></blockquote>

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