Haycarb PLC exhibiting at AWWA ACE 2019
Yet again, Haycarb PLC was present at American Water Works Association (AWWA) ACE 2019 which was held from 10th to 12th June 2019 at Colorado Convention Center- Denver, USA. “Innovating the future of Water” was the theme for this year’s conference with new technologies and water sector innovations highlighted throughout the conference. Team Haycarb USA was exhibiting at booth no 2124 and was visited with a vast audience with whom the team was able to share knowledge and demonstrate how Haycarb products could assist to minimize challenges of water quality and provide clean water to the communities around the world.
Haycarb PLC at WIOA 2019 Exhibition
Haycarb PLC was present at WIOA 2019 Exhibition which was held in Queensland Australia on the 05th and 06th of June 2019
Representatives from Haycarb Holdings Australia Pty LTD (HHAL) were present at the exhibition at booth no 70. The team was able to provide descriptive details regarding activated carbon and its vast range of applications to the customers and visitors who visited us at the exhibition.
Haycarb records turnover of USD 123.33 Million and profit before tax of USD 7.9 Million for 2018/19
The Sri Lankan multinational Haycarb PLC reported revenue of USD 123.33 Million, profit before tax of USD 7.9 Million and profit after tax of USD 6.3 Million for financial year 2018/19. The earnings per share of equity holders of the company increased to USD 0.189 for the year.
The Chairman of Haycarb PLC and its parent company Hayleys PLC, Mr. Mohan Pandithage said that Haycarb posted noteworthy results through the execution of its strategic plan in a year of significant challenges in the raw material supply chain for the activated carbon business and adverse local business environment for the environmental engineering segment.
Haycarb PLC Managing Director, Mr. Rajitha Kariyawasan stated that the activated carbon business faced shortages and high cost of raw material in Thailand while the effects of shortages and high prices experienced in Sri Lanka and India up to the third quarter of the year impacted the operations negatively. The availability of raw material in Indonesia continued to be stable during the year under review contributing significantly to the results. He said that the retention of existing suppliers and broad basing the procurement network of the coconut shell charcoal supply chain in key coconut growing countries in the region, remains one of the most important initiatives of the Company in the short to the medium term. Haycarb also promoted sustainable business practices by establishing environment friendly charcoaling technology, through the Haritha Angara project in Sri Lanka and the Vertical Charcoal Kiln Project in Thailand. He added that the productivity improvement initiatives launched under the Lean Operational platform reduced costs and increased value to its loyal customers.
Mr. Kariyawasan further said, “The initiatives launched to acquire new customer accounts, access new geographies, penetrate into new market segments and enhance its value added product portfolio backed by successful new product development projects showed positive results and contributed significantly to the performance of the activated carbon business. Haycarbs’ focus on quality assurance systems is the backbone on which the company was able to provide innovative and technically superior solutions to its customers across all market & application segments.”
He noted that the environment engineering arm Puritas (Pvt.) Ltd., faced significant challenges both locally and regionally due to uncertainties in the external environment but posted satisfactory results consolidating its position as a superior provider of water and waste water purification solutions. The outlook for the environmental engineering sector remains stable with the increased awareness and growth for water and waste water purification systems in Sri Lanka and in the region. The ability to capitalize on these new opportunities has been strengthened through its strategic collaboration with Veolia Water for large scale water projects.
The sector continued to play a leading role in the CSR initiative Puritas Sath Diyawara executed by the Hayleys group of companies which currently provides 160,000 litres of safe drinking water across 19 villages in the Central and North Central Provinces of Sri Lanka that were at risk of chronic kidney disease. The company continued support to upkeep the purification plants and the expansion of the “Going Beyond” project to uplift the quality of life in the region through initiatives such as distribution of school supplies to over 2,500 school children that was successfully carried out for the 2019 academic year.
Mr. Kariyawasan stated that the company remains confident of its business model and the strategic position it holds in the coconut shell based activated carbon industry, regeneration services and the environmental engineering segment, to continue the growth trajectory of the company in an expanding global market for purification solutions backed by emphasis placed on environmental sustainability, standards and regulations globally.
Haycarb is the pioneer manufacturer of coconut shell activated carbon in any coconut producing country with manufacturing facilities in Sri Lanka, Thailand and Indonesia supported by marketing offices in the USA, UK and Australia. The company contributes net foreign exchange revenues with its value adding processes and is a leading and technologically superior manufacturer in its chosen segment.
The Board of Directors of Haycarb PLC comprises of Messrs Mohan Pandithage – Chairman, Rajitha Kariyawasan – Managing Director, Dhammika Perera, Arjun Senaratna, Sarath Ganegoda, Ms. Jeevani Abeyratne, Dr. Sarath Abayawardana, Sujeewa Rajapakse, M. S. P. Udaya Kumara, Brahman Balaratnarajah, Ms. Sharmila Ragunathan, Ali Asgar Munaver Caderbhoy, James Naylor and M. H. Jamaldeen.
Haycarb PLC and Coconut Research Institute of Sri Lanka Join Hands
Signing of MOU between Haycarb PLC and Coconut Research Institute of Sri Lanka on 22nd March 2019 for a joint collaborative research to study quality of activated carbon derived from indigenous and improved coconut cultivars in Sri Lanka.
Mr. Rajitha Kariyawasan Managing Director Haycarb PLC and Major General Ashoka Padeniya (Retd) Chairman Coconut Research Institute signed the MOU.
Haycarb PLC shines at “JASTECA Awards - 2018”
The Annual JASTECA Awards ceremony was held for the 23rd consecutive year on March 2, at the Grand Ball Room of Hotel Galadari.
Haycarb PLC was graced with a merit award under IAN DIAS ABEYSINGHE MEMORTAL CSR AWARD 2018 for the project – ‘Haritha Angara’. This is a project continued by Haycarb PLC since 2016 to prevent environmental pollution caused by traditional methods of coconut shell charcoaling. The project’s main focus is assuring a healthy livelihood for those who are involved in charcoaling and also the continuous supply of “green” coconut shell charcoal for the Activated Carbon Industry. Haycarb PLC takes pride in announcing that ‘Haritha Angara’ has successfully achieved its objectives and has set up over 150 environmental friendly charcoaling pits island wide to date and has assured livelihood for over 10,000 stakeholders in coconut shell charcoaling industry.
Recent News
- Haycarb Trades Carbon Credits under Kyoto Protocol
- ‘Puritas Sath Diyawara’ opens a Reverse Osmosis Plant for CKD affected villages in the North Central Province
- Veolia Water - Hayleys commission a pioneering centralised treatment plant in Passikudah
- Haycarb records turnover of USD 90.8 Mn and profit before tax of USD 8.1 Mn for 2014/15
- Hayleys Group CKD – CSR Water Initiative “Puritas Sath Diyawara” wins prestigious Asia Responsible Entrepreneurship Award 2015
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Haycarb PLC is the world's leading manufacturer and marketer of coconut shell based activated carbon solutions. We have over 35 years of experience...
View on YoutubeHayleys is one of Sri Lanka's largest multinational business conglomerates with a history spanning 134 years. We drive a globally competitive busin...
View on YoutubeHayleys is one of Sri Lanka's largest multinational business conglomerates with a history spanning 134 years. We drive a globally competitive busin...
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