SRI LANKA PLAST
Exclusive Plastics Exhibition!
Welcome to the SRI LANKA PLAST. Is a Complete International Plastics Exhibition, which is expected to be Bigger and Better!!!
Sri Lanka has had a long history of international engagement, as a founding member of the South Asian Association for Regional Cooperation (SAARC). Its a Democratic Socialist Republic of Sri Lanka, is an island country in South Asia near south-east India.
Opportunities in Sri Lanka:
Sri Lanka's plastic industry is getting a facelift with the Industry Ministry launching a new national initiative to upgrade it. Annual plastics consumption in Sri Lanka is close to 250,000 metric tonnes, with an estimated growth rate of 18-20%. Around 1000 factories are engaged in plastics processing for both domestic and international market, the bulk of them being in SME sector
|Polymer Consumption:||265,000 tonnes / annum|
|No. of Plastics Processing Units:||Around 1000|
|Domestic Manufacture of Raw Materials:||None|
|Import of Raw Materials:||100%|
|Domestic Manufacturers of Processing Machines:||Nil|
|Dependence on Imorted Processing Machinery||100%|
|Projected Growth Rate:||16-25%|
|In addition to these economic sectors, overseas employment contributes highly in foreign exchange, 90% of expatriate Sri Lankans reside in the Middle East.||