JAT commences Bangladesh’s Alkyd Resin Plant operations

Operations at the new plant officially commenced amidst a special launch ceremony to mark the occasion

JAT Holdings PLC, Sri Lanka’s market leader in wood coatings and brushes and emerging regional paint manufacturer, marked a key milestone recently, with the official commencement of operations at its new Alkyd Resin Plant in Bangladesh.
The plant has been purpose-designed and -built by JAT Holdings PLC, through its wholly-owned subsidiary in Bangladesh, Asia Coating 
(Private) Limited. 

This achievement marks a positive moment for JAT Holdings PLC, as its new Alkyd Resin Plant will help to boost the group’s margins as a result of improved backward vertical integration. The new plant is designed to manufacture primary raw materials for solvent-based polyurethane, nitrocellulose and enamel wood coatings and paint.
Operations at the new plant officially commenced amidst a special launch ceremony to mark the occasion. The ceremony was attended by Country Head and Operations Director Bangladesh Shamara Wanniarachchi, JAT Holdings PLC Director Research and Development Ajith Bandara, JAT Holdings PLC General Manager Human Resources Sudath Silva and Asia Coating (Private) Limited General Manager Imports and Admin Tazul Islam. 

Wanniarachchi commented, “The commencement of operations at our new Alkyd Resin Plant in Bangladesh reflects our commitment to excellence across multiple spheres, including product quality, manufacturing efficiency, value delivery and social and environmental responsibility. Now, with increased backward integration, we have further control over our supply and value chains, helping to manage costs, material use, waste, research and development and product engineering, which will ultimately lead to us being able to deliver exceptional value to our customers and our stakeholders.”

Bandara added, “JAT’s state-of-the-art R&D facility, staffed by qualified local and international experts, played a crucial role in developing the formulas for the alkyd resin. This facility utilises advanced machinery currently used by leading multinational resin manufacturers. Our team of researchers and specialists, with proven track records, continuously push the boundaries of innovation to design exceptional products in Sri Lanka.”