INSEE Ecocycle extends waste management services to BOI for the next 16 years
View(s):After a decade of successful operations with the Board of Investment – Sri Lanka (BOI), INSEE Ecocycle Lanka, the waste management subsidiary of INSEE Cement, recently signed an agreement, extending its waste management services to the BOI for the next 16 years, up to year 2035.
BOI Chairman Mangala B. Yapa, Chairman/CEO of INSEE Cement Sri Lanka Nandana Ekanayake and Director of INSEE Ecocycle Lanka, Sanjeewa Chulakumara signed the milestone agreement at the BOI head office which will ensure continued waste management services to BOI from INSEE Ecocycle, according to a BOI media release.
The preprocessing facility at BOI’s Katunayake Export Zone is INSEE Ecocycle’s main operation hub for Environmental Services. The facility provides services ranging from pre-treatment, pre-processing, storing, laboratory services and central logistics for hazardous and non-hazardous material primarily to all BOI companies as well as other companies in Sri Lanka requiring waste management services.
INSEE Ecocycle is the leading professional waste management solutions provider in
Sri Lanka.
offering environment friendly industrial solutions to the public and private institutions, especially for managing industrial hazardous waste. The company’s annual capacity is 100,000 MT for over 600 corporate entities including government institutions in Sri Lanka. INSEE Ecocycle has invested more than Rs. 1.3 billion in the Sri Lankan operation.
Sanjeewa Chulakumara of INSEE Ecocycle said: “We take pride in strengthening our non-kiln based environmental services arm, ‘INSEE Ecocycle Environment Solutions’ that provides professional industrial solutions such as cleaning of industrial tanks; recovery of e-waste and plastic and other material that can be segregated; environmental remediation especially when there are emergency spills that is a danger to the community; specialized logistics for hazardous waste materials and many more services that benefits the community.”
BOI’s Mr. Yapa, said: “We greatly appreciate INSEE Ecocycle’s commitment to providing an efficient and effective waste management service that benefits the entire nation in the long term.”