Haycarb and Dipped Products ramp up high-tech exports to fuel economic recovery

Hayleys Group Companies Haycarb PLC and Dipped Products PLC, are expanding manufacturing capabilities in response to growing demand for sustainably manufactured, innovative products and solutions in global niche markets.

Doubling down on driving exports-focused innovation, both companies have been investing in Research and Development, leveraging home-grown scientific innovation to move up global value chains.

“One of Sri Lanka’s greatest resources is our ability to use science and technology to create local solutions to global challenges. Drawing from the Hayleys Group’s long legacy of innovation, as a socially conscious enterprise we create products that drive value to our customers and help purify the world, and change lives of many around our planet including at grassroot Sri Lankan communities by generating opportunities for real economic progress,” Haycarb PLC Managing Director, Rajitha Kariyawasan stated.

Already a leading global player in the sustainable production of activated carbon derived from coconut shell based charcoal, over the past 50 years, Haycarb has continuously discovered powerful new applications for its products. As a result, its wide range of high value applications comprise water and air purification, gold mining, lifesaving medicines and alternative energy storage devices such as supercapacitors and batteries, helping to power many new generation technology applications.

This same intrapreneurial spirit of utilising in-house talent, ingenuity and sustainable innovations to turn the simple rubber commodity to globally competitive high value exports, is also at the core of Dipped Products PLC’s success. Having gained significant traction over the past two years across 70 countries with its innovative specialised industrial, medical, and household glove solutions, Dipped Products continues to take aim at emerging opportunities world-wide.

“For nearly half a century, DPL has steadily moved up the value chain in hand protection. In that time, we have developed an unmatched reputation for quality, and served as a hub for high-level product innovation and best practices in sustainable manufacturing and an authentic commitment to ESG.

In addition to consolidating our reputation as a global leader in sustainable and ethical manufacturing, we recently accelerated our R&D programmes and expanded our production capacity to create new export innovations that will help drive export earnings to our nation,” Dipped Products PLC Managing Director, Pushpika Janadheera said.

The recent initiatives on-ground included the streamlining of domestic supply chains with the opening of a state-of-the-art new centralised warehouse facility in January 2023, and the successful operationalising of a new sports glove manufacturing facility in March 2023, that blends the team’s industry-leading scientific and technical expertise to produce sophisticated, globally sought-after sports gloves.

Simultaneously, DPL is strengthening their presence in the US and Europe to capture the niche sports market segments, including cycling, equestrian, golf, baseball, mountain biking and running.

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