Prøve GULL - Gratis
LOLC Advanced Tech and Corsair Group partner to transform waste into fuel in Sri Lanka
Daily FT
|September 10, 2025
LOLC Advanced Technologies (LOLC AT), a fully owned subsidiary of LOLC Holdings PLC, together with Corsair Group International headquartered in Amsterdam, has announced a partnership to upgrade and expand LOLC AT's existing waste-to-fuel plant at Kerawalapitiya. This strategic initiative aims to address Sri Lanka's growing plastic and polythene waste challenge.
-
With Sri Lanka generating an estimated 7,000 metric tons of solid waste per day, equating to roughly 2.56 million metric tons per year, a significant portion of which consists of polythene and plastic. Plastic pollution has become one of the nation's most pressing environmental concerns. With much of this waste ends up in overflowing landfills, waterways, and oceans, posing serious threats to ecosystems, public health, and tourism.
Denne historien er fra September 10, 2025-utgaven av Daily FT.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Daily FT
Daily FT
Global tourism giant Minor urges Sri Lanka to shift from price to value
Delivering keynote at CA Sri Lanka's 46th National Conference, Minor International Group CEO Dillip Rajakarier says Sri Lanka must move beyond discount-led tourism and invest in service and brand building, Warns that low prices erode GDP gains, calls for seamless infrastructure and skilled workforce
2 mins
October 09, 2025
Daily FT
Human + Al the next frontier in cyber defence
Experts at Daily FT-CICRA 11th annual Cyber Security Summit discuss how the human-Al alliance will redefine speed, precision, and judgment in cybersecurity
6 mins
October 09, 2025
Daily FT
Govt. says those who attempt to discredit CIABOC have vested interests
Cabinet Spokesman and Mass Media Minister Dr. Nalinda Jayatissa defends appointment of Ranga
2 mins
October 09, 2025
Daily FT
OPA urges focused reforms in Budget 2026 to drive stability, growth and equity
Calls for National Investment Facilitation Authority and Digital Land Bank to attract FDI
5 mins
October 09, 2025
Daily FT
CSE trading from Disaster Recovery site tomorrow
THE Colombo Stock Exchange (CSE) is to conduct a planned full day of trading from the Disaster Recovery site using the Automated Trading System Disaster Recovery Solution tomorrow (10).
1 min
October 09, 2025
Daily FT
Bank of Ceylon expands reach with 50 new ‘BOC Connect’ service centres
THE Bank of Ceylon (BOC), the nation’s leading financial institution, further strengthened its customer service network with the launch of 50 new ‘BOC Connect’ Agent banking service centres across the country.
2 mins
October 09, 2025
Daily FT
Sarvodaya Finance Rs. 2 b debenture issue snapped up on opening day
SARVODAYA Development Finance PLC's (SDF) Rs. 2 billion listed debenture issue wa snapped up on its opening day yesterday.
1 min
October 09, 2025
Daily FT
AllB provides $ 52 m to strengthen power transmission, renewable energy growth
THE Asian Infrastructure Investment Bank (AIIB) and the Government of Sri Lanka have signed a loan agreement for the Kerawalapitiya-Port L Second Transmission Line Project, under which AllB will provide $ 52 million in sovereign-backed financing to help Sri Lanka unlock its renewable energy potential and advance sustainable development.
1 mins
October 09, 2025
Daily FT
Matheesha and Lidiya crowned champs at Sri Lanka Badminton Novices in Ratnapura
MATHEESHA Perera and Lidiya Fonseka were crowned champions at the Sri Lanka Badminton Novices Championship 2025 which concluded on Thursday 2 October at the Deshabandhu Lt. Col. W. Wimaladasa Indoor Stadium in Kuruwita, Ratnapura.
3 mins
October 09, 2025
Daily FT
Sri Lanka charts bold AI future as inaugural National AI Expo & Conference 2025 concludes
Signals nation's rise as South Asian tech and innovation hub
2 mins
October 09, 2025
Listen
Translate
Change font size