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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)

RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)

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cseguide


Vice President - Equity Analytics
Vice President - Equity Analytics
I am collecting this for long term.

smallville


Associate Director - Equity Analytics
Associate Director - Equity Analytics
@cseguide wrote:Given the increasing per capital income, increasing tourism salt demand will increase further. And If you check its chairman's statements it has a massive expansion plan to increase production. So with this it has a good future growth.

Are you talking abt tourits or fish in sea? Are these tourits so fond of SALT that up the demand so mcuh? Wink LOL

chamith


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@smallville wrote:
@cseguide wrote:Given the increasing per capital income, increasing tourism salt demand will increase further. And If you check its chairman's statements it has a massive expansion plan to increase production. So with this it has a good future growth.

Are you talking abt tourits or fish in sea? Are these tourits so fond of SALT that up the demand so mcuh? Wink LOL

Ya i agree with you smallville. We cant expect tourist to come n eat all our salt. its like the biggest joke. Statistically Sri Lankans consume three times high salt than a westerner.

cseguide


Vice President - Equity Analytics
Vice President - Equity Analytics
@smallville wrote:
@cseguide wrote:Given the increasing per capital income, increasing tourism salt demand will increase further. And If you check its chairman's statements it has a massive expansion plan to increase production. So with this it has a good future growth.

Are you talking abt tourits or fish in sea? Are these tourits so fond of SALT that up the demand so mcuh? Wink LOL
Tourist not eating salt. even people in sri Lanka are not eating salt. if our people consume salt can,t we add 850000 tourist to that demand. won,t they not consume salt.
remember next year this tourist will become 1 million. is this not big demand?

greedy


Manager - Equity Analytics
Manager - Equity Analytics
(THIS REPLY IN NO WAY TO PROMOTE RWSL & THE INFORMATION BELOW MAY NOT BE RELEVANT TO RWSL)

After going through this post, I realise that many people think that salt is used only for food. But there are many other purposes for which salt is used. See below the extractions from a website.

Uses & Benefits of Salt
The multiple chemical and physical properties of salt make possible 14,000 known uses. From the days of the cave men, humans have discovered ingenious means to use salt to enhance the quality of our lives. So valuable is this common mineral that wars have been waged and revolutions fought for access to salt. Its largest use is largely invisible to the public: about 40% of salt worldwide is used as the raw material that chemical companies transform into chlorine and soda ash, the foundations of inorganic chemistry. Salt is a processing aid in innumerable industries and the means by which animal nutrition experts ensure the health and productivity of livestock and poultry. We are all familiar with the salt shaker on the table in most of our homes. We less often think of the salt we use to regenerate our water softeners to protect the pipes and appliances in our homes. And seasonally, many of us give thanks for the salt that road maintenance crews apply to keep our cars, trucks and school buses safely on snowy winter roads.

Salt in industry

Salt is all around you. Many, even most, of the products you see are produced from salt or using salt in their manufacture.

Industries use most of the salt produced in the world today. The biggest single use of salt is also one of the least known. Salt is the feedstock for the chlor-alkali chemical industry, just as oil is for the petrochemical industry. The difference: we are not running out of salt! Chlorine chemistry brings consumers clean water, soaps and detergents, many medications, PVC pipes for our homes, cell phones, cosmetics, protective suits for SCUBA divers – and astronauts, digital cameras, flat panel TVs, electron microscopes, solar panels for energy production. The list is essentially endless. Manufacturing textiles, glass, rubber, leather, even drilling oil wells, depends on salt. Salt has 14,000 known uses.


Salt in chlorine chemistry

Salt is the feedstock of the chlor-alkali industry which produces chlorine, caustic soda and the myriad other products formed from these basic chemicals. The chemical industry well-describes the chemical genealogy of salt with its “Chlorine Tree.” Globally, chlorine chemistry is the single largest market for salt, although in the U.S., where there are numerous areas with exploitable salt deposits, the salt produced for chemical production is often extracted directly by chemical companies and not by salt producers. In Europe and Japan, the chlor-alkali industry is more likely to buy its salt from a salt company.

Chemical companies pass an electrical current through saturated salt brine in a salt bridge, producing a oxidation-reduction (redox) chemical reaction. This electrolysis separates the gaseous chlorine, (Cl2), from the sodium hydroxide (caustic soda). Chlorine is an effective disinfectant and bleach. We use it to keep drinking water safe. And swimming pools. Downstream, vinyl chloride and polyvinyl chloride (PVC) and their derivatives are produced from chlorine. Caustic soda is used in pulp processing, and to make cellulose chemicals and their derivatives. Sodium chlorite is used in the textile industry. Other chemicals manufactured from salt are metallic sodium and sodium chlorate. Until 1986, salt was used to produce synthetic soda ash (NaCO3) in the U.S. by the Solvay process. Soda ash is now obtained naturally from trona mines.

Salt-based chemicals are used:

To cool nuclear reactors (liquid sodium)
To make brass and bronze (metallic sodium)
To make case-hardened steel, fumigating materials, and are used to make the dye, indigo (sodium cyanide)
To produce polymers used to make plastics, synthetic fibers, and synthetic rubber (chlorine)
In crude oil refining and for making pesticides (chlorine)
To make bleach and to disinfect public drinking water supplies and treat municipal sewage (chlorine)
To make glass, rayon, polyester and other synthetic fibers, plastics, soaps and detergents (caustic soda)
Extensively in the manufacture of pulp and paper, dyes and ceramic glazes (sodium sulfate)
In manufacturing glass, pulp and paper, and rayon (sodium carbonate)
In making synthetic rubber and in cleaning gas and oil wells (hydrochloric acid)
In textile manufacturing, processing leather, making glass and neutralizing acids (sodium bicarbonate)
As an ingredient in fertilizers and explosives (sodium nitrate)
Learn more about how other industries use these products of chlorine chemistry .

Due to security concerns with the transportation of chlorine in tanker trucks and rail cars, including chemical terrorism (aka "toxic trains"), some chlorine users are using on-site chlorinators for “saltwater” swimming pools, drinking water purification and wastewater disinfection.

Other industrial uses of salt

It would be difficult to list all of the thousands of industries that use salt as a raw material or ingredient. The major industries include:

Textile and dyeing. Salt is used to fix dyes and to standardize dye batches

Metal processing, such as aluminum refining. Salt is used to remove impurities

Rubber manufacturing. Salt separates the rubber from latex

Oil and gas drilling. Salt is used to produce a drilling mud that prevents widening of bore holes in rock salt strata, inhibits fermentation, and increases mud density

Pharmaceuticals. Salt is used for tablet and caplet polishing, the production of intraveneous saline solutions and for manufacturing hemodialysis solutions used for kidney machines

Animal hide processing and leather tanning. Salt is used to cure, preserve, and tan hides

Pigment manufacture. Salt is a grinding agent

Ceramics manufacture. Salt acts to vitrify heated clays

Soap making. Salt separates glycerol from water

Detergent production. Salt is used as a filler.

Just a few of salt’s other industrial uses include.

Windows, lenses and prisms and in high power laser systems (sodium chloride)
In molten salt reactors to produce and separate transuranic elements (sodium chloride) - see "further reading" to left
In molten salt incineration of high explosives, propellants, and pyrotechnics (sodium chloride)
In salt bath furnaces for a number of heat treatment applications such as: austenitizing, martempering, neutral hardening, tempering nitriding, carburizing, and dip brazing (sodium chloride)
To generate electricity in salinity gradient solar ponds (sodium chloride)
As an antifreeze agent in geothermal heating and cooling (sodium chloride)
To combat greenhouse gases by sequestering industrial carbon/carbon dioxide underground (sodium chloride)
And salt mines host experiments in physics and astrophysics that require precise conditions for accurate measurement (sodium chloride)


Source: http://www.saltinstitute.org/Uses-benefits/Salt-in-industry/Other-industrial-uses

This is not a buy/sell/hold recommendation for any shares and the reply was to mention other uses of salt SmileSmileSmileSmile

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@greedy
Thanks mate for your comments.
Good work.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
@greedy
This is really a good analysis of the salt industry. some just say no for without analyzing. this is a really good answer for those all

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Good reply from Greedy.

However competition is high, once others realise the potential, as salt is freely available.

However prospects of RSWL look good with their expansion plans.

Cheers!

coolkane


Manager - Equity Analytics
Manager - Equity Analytics
look in to RWSL.N0000.this will be a positive counter.According to technicals all are positve. my prediction is LKR4.60 - 5.50 within next couple of weeks.

50RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Empty RWSL can be shine soon Wed Mar 20, 2013 11:47 am

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics
As many predicted RWSL can go up soon.

Keep your eye with.

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
why? any reason for it?

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
nothing so far shining in my PF other than TPL,KOTA & AGAL

Very Happy

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics
Having the only Salt refining plant in Sri Lanka using Krebs Swiss Salex Technology, Wayamba Salterns is geared to meet Table Salt needs of the country when adequate raw material - Crystal Salt is available.

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics
The Kingdom of Raigam will complete the construction of its Rs. 1 b saltern in Kuchaveli next year, Raigam Group Chairman Dr. Ravi Liyanage said at the launch of its rice noodles Devani Batha on Wednesday. He said that around 60 percent of the work on the project has been completed and added that the saltern will be commissioned as scheduled in 2014.

Dr Ravi Liyanage

Work on the 1,800-acre saltern in the East commenced in 2011 to provide jobs to over 1,500 people in the area. “Constructing a saltern is a cumbersome process. The inclement weather during the past two months hindered work on the project,” Dr. Liyanage said.

Sri Lanka yet imports a substantial quantity of salt a year draining out foreign exchange from the country. Raigam re-awakened the salt industry in Sri Lanka by setting up salterns in Hambantota and Puttalam which helped reduce the import of salt to around 7,000 mt in 2011.

The country's annual requirement of salt is around 50,000 mt.

“We are confident that Sri Lanka will be able to export salt in the near future,” Dr. Liyanage said.

Raigam launched the manufacture of rice noodles at its plant in Homagama with an investment of Rs. 300 m to change the consumption pattern in Sri Lanka. The state-of-the-art factory has a capacity to manufacture 5,000 mt of noodles a year and double the capacity next year.

Devani Batha was introduced to the market in three flavours white, rose and red kekulu flour. Sri Lanka's current rice production is about 4.8 million mt a year and the industry sustains around 880,000 farmer families.

Dr. Liyanage said that by consuming rice-based products the country could save a staggering amount of foreign exchange on import of wheat flour each year. By consuming rice-flour noodles instead of wheat-flour noodles the country could save around Rs. 925 million a year on import of wheat flour.

“Sri Lanka takes pride in being self-sufficient in rice but the irony is that it still imports a large quantity of wheat flour spending a colossal sum each year. Promoting the consumption of rice and rice-based products should take place at grass-roots level,” Dr. Liyanage said.

Sri Lanka spend around 20 percent of its foreign exchange on import of food. Milk powder, sugar, canned fish and dry fish is yet imported in large quantities.

http://www.sundayobserver.lk/2013/02/03/fin04.asp

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Salt against salt :-)


@The Alchemist wrote:
@salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
@slstock wrote:
Salt against salt :-)


@The Alchemist wrote:
@salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

like it Smile
look at the story above. it is RWSL or Kingdom of Raigam. Listed company is RWSL

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Is this a listed company investment or a private company investment?

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
listed company is small - has no capacity such investment
It has total of 875 million in total assets

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yes that's what I was thinking

The salterns require near drought like conditions with low tidal activity. Not many places around here. Good luck to them if they can pull it off

61RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Empty RWSL- any news Fri Feb 07, 2014 8:50 pm

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Is it time to enter RWSL?

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
i think just one director a lot or two 20cents above....
is there any real reason behind it?????

keeper

keeper
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Steady share in the market....,Boring one....Wena ewa nathuwatada?

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
When penny's go one by one everyone will join, RWSL waits then what happens market falls so as penny's,so RWSL remains same.
Conclusion: I think there's no active player behind this.

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
more SALT is not good for health....!!!

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