JAT Holdings opens binder plant in Horana

JAT Holdings PLC, Sri Lanka’s frontrunner in wood coatings and brushes, celebrated a key milestone with the ceremonial opening of its state-of-the-art binder plant in Horana.

The JAT Binder Plant represents a significant leap forward for JAT Holdings, enabling it to manufacture its own binders, the foundational component of wood coatings and emulsion paint.

This strategic move positions JAT for greater backward vertical integration, optimising production efficiency and ultimately delivering superior value to its customers. 

The inauguration ceremony was held in the presence of JAT Holdings’ senior management team, distinguished guests and other dignitaries representing key stakeholders. The ceremony served to highlight JAT’s relentless pursuit of excellence and cutting-edge technology. The fully operational plant is now expected to significantly contribute towards JAT’s growth trajectory.

JAT Holdings CEO Nishal Ferdinando said, “The opening of our binder plant is a watershed moment for JAT. This investment in domestic manufacturing empowers us to revolutionise the Sri Lankan paint industry, offering our customers unparalleled quality and cost-effective solutions. We are confident that this venture will propel us to even greater heights, whilst further strengthening our position as the market leader. We are also excited about the potential for exporting our excess production from this plant, and launching even more cost-efficient, high-value and superior-quality products for the benefit of our customers.”

JAT Holdings Director Research and Development Ajith Bandara stated, “We are thrilled to witness the fruition of the binder plant project. This plant not only empowers us to meet the rising demand for wood coatings and emulsion paints but also paves the way for groundbreaking collaborations in binder and polymer development. I am happy to mention that our automated binder facility is equipped with all the state-of-the-art machinery and a technical team with the right expertise and experience – making it a facility on par with international manufacturing facilities. We are eager to explore these possibilities with leading universities and research institutions, fostering innovation that will positively impact the entire industry, even beyond the national level.”