S & D Chemicals (Pvt) Ltd., a Company specialized in the manufacturing of Industrial chemicals used in the textile industry as well as polymers for textile processing, coatings and water treatment operations has signed an agreement with BOI, Srilanka.
Mr Dayantha de Silva, Managing Director of S & D Associates formally receives the BOI Certificate of Registration from Dr Lakshman Jayaweera, Chairamn ,BOI
The agreement was signed by Mr. Dayantha de Silva, Managing Director of S & D Associates and the Chairman of the Board of Investment of Sri Lanka, Dr. Lakshman Jayaweera. This new project will have a total value of US$ 3 million. The Company will employ 100 staff including 25 highly skilled local and overseas Chemical Engineers and industrial chemists.
Mr. Dayantha de Silva, a qualified chemist with postgraduate qualifications in polymer science said: “This is the first time in Sri Lanka that a company will be manufacturing the full range of products needed for textile processing and wet processing of garments. The Company also has foreign offices in Bangladesh, Maldives and Vietnam and, buyers in India, Oman and Dubai. This greatly benefits the local textile industry and contributes to making Sri Lankan garments more competitive.”
“We are also excited about the possibility of exporting our products in the region and our target is to become a leading manufacturer of textile axillaries, polymers, dispersing aids and polymeric coatings for different substrates in the region. In the future we are planning to diversify into other Chemicals applications as well.”
In Bangladesh S & D Chemicals is operating it’s chemical business by Redox Chemical Industries Ltd.