THE CABINET APPROVED THE TRANSFER OF THE LAND WHERE THE OLD CHEMICAL FACTORY IN PARANTHAN IS LOCATED TO NEW FACTORY.

Paranthan Chemicals Co., Ltd., a state-owned company under the purview of the Ministry of Industry, is the main business venture to import liquid chlorine for drinking water purification. The company supplies water to countries such as India and Bangladesh and to the National Water Supply and Drainage Board. . The factory / company plans to start a factory for the production of sodium hydroxide and chlorine, with the aim of producing hydrochloric acid, propylmonium chloride and sodium hypochlorite depending on the products of the industry. Therefore, the Cabinet approved the proposal made by the Minister of Industries to transfer the lands already occupied by Paranthan Chemicals Company Limited from 1954 and the old Chemical Factory at Paranthan to the same company. Approval has been granted to lease this land on a long term basis.

https://www.news.lk/cabinet-decusions/item/32635-cabinet-decisions-on-26-07-2021

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