JAT Holdings inaugurates Rs. 1.52 bn Binder Plant in Horana

JAT Holdings PLC, a leader in wood coatings and brushes in Sri Lanka, announces the grand opening of its cutting-edge binder plant in Horana. This milestone event, a testament to JAT’s dedication to innovation and operational excellence, follows months of strategic planning and construction.

The new binder plant began operations in March 2024, with the project valued at Rs. 1,521,256,438/-. The official ceremonial opening was held on June 7, 2024, marking a significant achievement for the company.

This state-of-the-art facility will complement JAT’s Alkyd Resin Plant in Bangladesh, strengthening its cross-border manufacturing capabilities. Supported by JAT’s premier R&D Centre in Sri Lanka, the binder plant will enable the company to produce its own binders, essential for wood coatings and emulsion paint. This backward vertical integration is set to optimize production efficiency and enhance product quality, delivering greater value to customers.

Additionally, JAT Holdings plans to export excess production from the Horana plant, further expanding its market reach and introducing more cost-effective, high-quality products.

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