KKS To Re-commence Operations Next Year
The government is looking at re-commencing operations at the Kankasanthurai (KKS) cement factory with private sector investments by next year after the current renovation work ends.
The State Resources and Investment Promotions Ministry is to commence looking for a private sector investor soon.
The Sri Lanka Cement Corporation has already commenced restoration work on restoring the KKS cement factory while taking action to assess the quality of the stock of clinker available within the premises.
Chairman Sisira Paranagama has said the Corporation was currently looking at several options to re-commence cement production.
The factory ceased operations in 1990 when the war between the security forces and the LTTE intensified.
However, the Corporation had imported 36,260 metric tons of ordinary Portland cement in 2010 under the ‘Kankesan’ brand and marketed same at prices below market prices in order to supply quality cement at affordable prices.
