Chevron Lubricants Lanka PLC yesterday, ceremonially inaugurated the new state-of-the-art blending plant and warehouse complex built at the LINDEL Industrial Estate in Sapugaskanda in the presence of the global President of Chevron Lubricants, Mrs. Colleen Cervantes, Vice President Lubricants Asia Pacific region Farrukh Saeed, Chevron Lubricants Lanka PLC CEO/Managing Director, Kishu Gomes, dignitaries, staff and other stakeholders.
The new blending facility, which is built on four and a half acres of land, has a floor area of 5,000 square metres to enable Chevron Lubricants Lanka PLC to blend with the nations growth better. This semi-automated plant has the capacity to produce 45 million millilitres per annum of finished lubricants in a single shift operation with improved material flow for optimal efficiency and productivity. It's also equipped with an in-house modern laboratory facility and onsite base oil and finished lubricants storage tank farm.
The modern warehouse with an efficient racking system has 1.4 million litre storage capacities for raw materials and finished products. The plant is conceptualized and designed by the US experts, is in par with the very latest global technology and safety standards, a Chevron news release said.
As a publicly listed entity with 49% public shareholding with above average returns to its shareholders by way of dividends and ever increasing market capitalization, this investment will help the company to make a greater contribution towards the economic development of the country with export market expansion. Further Chevron Lubricants Lanka is strategically powered by local value addition through partnership with leading local suppliers such as Hayleys Logiwiz, Aitken Spence, Pheonix and Sedawatta Mills to further strengthen the contribution made to the Sri Lankan economy.
The company has generously contributed to the national health, road safety, sports and education to empower the Sri Lankans through its effective CSR initiatives. Further the company's operations in Sri Lanka are manned by a 100% Sri Lankan staff and the company also has shared its human resource expertise with other countries, giving the staff exposure in foreign soils while earning foreign currency for the country, The company has created direct and indirect employment, self-employment opportunities to eradicate unemployment in Sri Lanka and has made significant contribution to the government coffers. Chevron Lubricants Lanka PLC is a manufacturing organization which is very much focused on 'safety, this focus has made the organization one of the most rare 'accident free' manufacturing operations in Sri Lanka.
Chevron Lubricants Lanka PLC is confident that the new state of the lubricants blending plant based in Sapugaskanda, with the in-house warehouse facility and laboratories would better the efficiency in serving the Sri Lankan market as well as export markets; Bangladesh and Maldives to support Sri Lanka's growing economy.
As President of Chevron Lubricant since July 2013 MS. Cervantes is responsible for the manufacturing, blending, sales and marketing of base oils, finished lubricants as well as coolants to the industrial and direct consumers worldwide. On her first visit to Sri Lanka, Ms. Colleen Cervantes will be on a tight schedule to experience Sri Lankan hospitality and to have discussions with the company's key stakeholders. The global head will also be visiting the market to understand the Sri Lankan market environment to be able to provide direction to the local management.
Ms. Cervantes's who has read for a Bachelor's degree in Mechanical Engineering from the Michigan Technological University in 1983 has a 30-year career with Chevron. She started her career as a project engineer in the company's retail marketing department. Prior to her appointment as President of Chevron Lubricants, she was the vice president, product supply and trading, with global responsibility for the supply of non-crude feedstock's to Chevron's refining system, refined products supply and trading, marine fuels marketing, and bio fuels supply and trading.
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The new blending facility, which is built on four and a half acres of land, has a floor area of 5,000 square metres to enable Chevron Lubricants Lanka PLC to blend with the nations growth better. This semi-automated plant has the capacity to produce 45 million millilitres per annum of finished lubricants in a single shift operation with improved material flow for optimal efficiency and productivity. It's also equipped with an in-house modern laboratory facility and onsite base oil and finished lubricants storage tank farm.
The modern warehouse with an efficient racking system has 1.4 million litre storage capacities for raw materials and finished products. The plant is conceptualized and designed by the US experts, is in par with the very latest global technology and safety standards, a Chevron news release said.
As a publicly listed entity with 49% public shareholding with above average returns to its shareholders by way of dividends and ever increasing market capitalization, this investment will help the company to make a greater contribution towards the economic development of the country with export market expansion. Further Chevron Lubricants Lanka is strategically powered by local value addition through partnership with leading local suppliers such as Hayleys Logiwiz, Aitken Spence, Pheonix and Sedawatta Mills to further strengthen the contribution made to the Sri Lankan economy.
The company has generously contributed to the national health, road safety, sports and education to empower the Sri Lankans through its effective CSR initiatives. Further the company's operations in Sri Lanka are manned by a 100% Sri Lankan staff and the company also has shared its human resource expertise with other countries, giving the staff exposure in foreign soils while earning foreign currency for the country, The company has created direct and indirect employment, self-employment opportunities to eradicate unemployment in Sri Lanka and has made significant contribution to the government coffers. Chevron Lubricants Lanka PLC is a manufacturing organization which is very much focused on 'safety, this focus has made the organization one of the most rare 'accident free' manufacturing operations in Sri Lanka.
Chevron Lubricants Lanka PLC is confident that the new state of the lubricants blending plant based in Sapugaskanda, with the in-house warehouse facility and laboratories would better the efficiency in serving the Sri Lankan market as well as export markets; Bangladesh and Maldives to support Sri Lanka's growing economy.
As President of Chevron Lubricant since July 2013 MS. Cervantes is responsible for the manufacturing, blending, sales and marketing of base oils, finished lubricants as well as coolants to the industrial and direct consumers worldwide. On her first visit to Sri Lanka, Ms. Colleen Cervantes will be on a tight schedule to experience Sri Lankan hospitality and to have discussions with the company's key stakeholders. The global head will also be visiting the market to understand the Sri Lankan market environment to be able to provide direction to the local management.
Ms. Cervantes's who has read for a Bachelor's degree in Mechanical Engineering from the Michigan Technological University in 1983 has a 30-year career with Chevron. She started her career as a project engineer in the company's retail marketing department. Prior to her appointment as President of Chevron Lubricants, she was the vice president, product supply and trading, with global responsibility for the supply of non-crude feedstock's to Chevron's refining system, refined products supply and trading, marine fuels marketing, and bio fuels supply and trading.
www.ceylontoday.lk
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