KND Packaging reinvests on second factory | Daily News

KND Packaging reinvests on second factory

Aims for direct exports to Australia, Male

KND Packaging (Pvt.) Ltd., to increase product catalogue and reinvest on second factory soon.

Chairman, KND Packaging, Krishantha Perera, said that they would be building a new factory at the Horana Industrial Park, while the land for this purpose would be provided by the Deputy Minister to the Ministry of Industry and Commerce Buddhika Pathirana, on a long term lease. “We hope to commence constitution by December this year and install new machinery and get the new factory running by February 2020,” he said.

With the new factory, some of the current operations at KND Packaging in Homagama, would be relocated to Horana. “Firstly, this relocation would give us more space to install our machinery and storage space allowing us to convert our operation to 24 hours. This would also help increase production and look at new products as we well.”

Perera said that they received a major packaging order from Australia, but had to put it on hold since they did not have the capacity to do so. “We would now be perusing this order and would also look at direct exports of packaging material to the Maldives as well.”

“We are currently manufacturing LDPE/HDPE Black and clear polythene films, LDPE/HDPE Poly Bags, LDPE/ HDPE Colour film and Printed and unprinted Poly Bags mainly for local exporters. “Some of our clients include, Stassen Tea, George Steuart Teas, Anverally & Sons Tea, Van Rees Ceylon Ltd., Richard Pieris Mattresses and several BOI companies.”

KND Packaging would also introduce cardboard packaging and also ice cream containers to the local market. “This would be done at the old factory.”

Perera joined Korean Spa Packaging (Pvt) Ltd., one of the leading corrugated carton and polythene manufacturing companies operating under BOI in 1997, as a marketing Representative.

Chairman, KND Packaging, Krishantha Perera

During that period, he gained experience for polythene manufacturing process and build good business relationship with leading exporters.

After being promoted as Marketing Manager, he decided to set up his own business and in 2013, started K.D. Enterprises with two Extruder machines, one cutting machine on his own land, while

the raw material was being imported from Qatar. Today, he has nearly 40 staff and he provides them with meals and other facilities. With direct export orders increasing, he needed to expand and he succeeded in obtaining Rs. 4.5 million credit under the Enterprise Sri Lanka scheme. “This was a great help for me as the interest rate was very low.”

He said they are also now importing packing machinery from China to be used for local factories filling a major void in this segment.


 


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