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Sri Lanka apparel exporter in chemical leasing deal

Oct 02, 2017 14:27 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - MAS Holdings, one of Sri Lanka’s top apparel exporters, has struck a chemical leasing deal a paint supplier with the aim of reducing chemical usage in their plants and ensuring products are zero toxic by 2020.

Under the chemical leasing concept, the vendor and buyer reduce usage and costs, replacing the old practice of buying paints and painting which results in wasted paint, used buckets and tools which also end up as waste, a statement said.

MAS Active Linea Intimo has joined with the National Cleaner Production Centre (NCPC), the national co-ordinating and regulatory authority of Chemical Leasing in Sri Lanka, in a tri-partite  agreement with supplier JAT Holdings.

MAS Active chief executive Chelan Goonetilleke said this was one of the projects lined up in achieving the goal of ensuring products are zero toxic by 2020.

“It took almost two years of diligent trials and tests with several paint vendors to choose the right partner. JAT was chosen as they were willing to try the chemical leasing concept,” he said.

Trials of the Chemical Leasing Project have already been carried out at MAS Active Linea Intimo factory premises.

The new leasing arrangement will see JAT teams paint the facility and when they leave they take all waste with them for recycling. Linea Intimo has also requested for water-based paints for all processes instead of the heavily toxic solvent based paints.

Managing Director of JAT Holdings Aelian Gunawardene said this was Sri Lanka’s first-ever chemical leasing project of this nature.

“Reducing and removing hazardous chemicals is part of our chemical management journey as a group and we hope this brings more awareness about the toxicity of everyday products we take for granted,” Goonetilleke said.

MAS is one of the largest conglomerates to operate from Sri Lanka, employing over 88,000 employees in over 50 factories locally and in 16 locations worldwide. 
Colombo/Oct02/2017)
 


 

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