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Sri Lanka Royal Ceramics increasing production of porcelain tiles Vote_lcap68%Sri Lanka Royal Ceramics increasing production of porcelain tiles Vote_rcap 68% [ 178 ]
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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka Royal Ceramics increasing production of porcelain tiles

Sri Lanka Royal Ceramics increasing production of porcelain tiles

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DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ECONOMYNEXT – Sri Lanka’s Royal Ceramics is expanding capacity at its factory by 35 percent, with a 1.2 billion rupee investment in 2017, which will increase the production of porcelain floor tiles for which demand is high.
The expansion project is expected to be completed in October 2017, according to the group’s latest 2016-17 report. 

The Royal Ceramics Lanka complex in Eheliyagoda now has a capacity of 5,000 square meters. It produces homogeneous full body porcelain tiles, where the pigment is in the entire tile body, making scratches less noticeable and better used for high traffic areas, along with glazed porcelain tiles under the ‘Rocell” brand.

Porcelain tiles are fired at higher temperatures for a longer time than ceramic, have higher feldspar content, and are much harder and more durable, and less prone to moisture and stain absorption than ceramic tiles, apart from being more expensive.

“One of the advantages of the expansion will be the factory’s ability to increase production of full body porcelain floor tiles for which there is high demand in the market,” the Royal Ceramics annual report said.

It said the project will include the addition of ‘Double Charge technology’ from Italy, where patterns are printed with a double layer of pigment, resulting in a long-wearing tile surface, suitable for heavy traffic commercial projects.
(COLOMBO, June 22, 2017)

reyaz

reyaz
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
This is good news

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Target Price ?

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
150

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Very Happy Very Happy Very Happy

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