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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

Teejay opens its own water and chemical testing lab in sustainability milestone I Sri Lanka Latest Business News

August 22, 2023
in Business
Reading Time: 14 mins read
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Teejay opens its own water and chemical testing lab in sustainability milestone  I Sri Lanka Latest Business News
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Sri Lanka’s textile manufacturing multinational Teejay Lanka PLC has announced the commissioning of its own water and chemical testing laboratory as a process optimisation initiative as well as a milestone on the Company’s sustainability roadmap – “Abhivarah 2030.”

Aptly named ‘Iera’ from a Sanskrit word for water, the laboratory is equipped to test physical, chemical and biological water quality characteristics in conformity with the highest industry standards, the Company said.

It is located within the Teejay Lanka manufacturing complex at the Seethawaka Export Processing Zone (SEPZ) and will play a key role in quality maintenance in process water and effluent treatment while enhancing efficiency by eliminating dependence on third-party laboratories.

One of Sri Lanka’s most prolific textile manufacturers, Teejay Lanka is also one of the largest users of water in its sector. The laboratory will provide mission-critical testing facilities on a prioritised basis for Teejay’s entire manufacturing process with quality verification of chemicals, water and treatment processes covering process water, effluent, cooling water and boiler water.

The laboratory will give Teejay a significant competitive advantage as well by enhancing the Company’s value proposition in terms of a higher level of compliance for premium global brands that use Teejay fabrics.

As an element of Teejay Lanka’s Sustainability Strategy ‘Abhivarah 2030’ the laboratory also supports two of the Strategy’s three pillars, Responsible Discharge and Responsible Resource Consumption, the Company said.

Commenting on this milestone development, Teejay Lanka’s General Manager – Engineering & Sustainability Mr Edga Melan said: “The development of the Iera laboratory is a landmark in Teejay’s journey towards a sustainable future. We are continuously working to develop the laboratory in phases to increase its support to the entire manufacturing process, promoting ethical business practices to achieve organisational goals and value creation for stakeholders in a competitive market.”

He said the laboratory would initially be used exclusively for Teejay’s testing needs but is expected to be opened out at a later date to other manufacturers or entities, requiring outsourced water and chemical testing services.

An ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 compliant company and the first in the industry to develop green fabric, Teejay Lanka was also the first textile manufacturer in Sri Lanka to receive membership of the US Cotton Trust Protocol. Teejay is a public quoted company with 40 per cent public ownership and the backing of Sri Lanka’s largest apparel exporter Brandix Lanka which has a 32 per cent stake in the Company. Pacific Textiles of Hong Kong, whose key shareholder is the Tokyo Stock Exchange listed Toray Industries Inc., owns 27 per cent of Teejay Lanka.

Teejay Lanka was ranked the No 1 corporate entity among 100 public listed companies in Sri Lanka for Transparency in Corporate Reporting in the TRAC 2022 assessment carried out by Transparency International Sri Lanka (TISL), the local arm of the international corruption watchdog. The TISL assessment was carried out on three areas crucial to fighting and preventing corruption: reporting on anti-corruption programmes, transparency in company holdings and the disclosure of key financial information in domestic operations.

Photo caption: Teejay Lanka General Manager – Engineering & Sustainability Mr Edga Melan and CEO Mr Pubudu De Silva (Left) open the new lab ‘Iera’.

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