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|
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1983
- Commenced business on 30th June at Ratmalana with
an issued share capital of Rs.
75,500 |
| |
|
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1984
- Pioneered the process of manufacturing food jar
sealing rings & commenced production of
industrial mats. |
| |
|
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1986
- Moved to own complex at Ja-Ela. |
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|
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1989
- Received technical collaboration from IESC |
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|
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1990
- Embarked on a Rs. 31 million expansion program
of the mat production line. |
| |
-
Received the Certificate of Merit from the Presidential
Export Awarded Scheme. |
| |
|
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1992
- Started the first Associate Company Playcraft
Lanka Pvt Ltd for the manufacture and export
of balloons. |
| |
|
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1993
- Public issue in September to raise Rs.122 Mn-invested
in Plastishells Limited a pioneering
industry manufacturing roto moulded products. |
| |
|
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1994
- Commenced civil works of Richard Pieris Natural
Foams Ltd, the first subsidiary company
of the group-presidential Export Award for outstanding
export performance. |
| |
|
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1995
- Introduced eco-friendly computerized material
handling system for mixing of black rubber compounds
at a cost of Rs. 17 Mn.
-
Commenced work on second subsidiary company Micro
Minerals (Pvt) Ltd to manufacture
fillers for the rubber industry.
-
Awarded a Certificate of Merit by the Presidential
Export Awards Scheme. |
| |
|
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1996
- Awarded ISO 9002 certification from DET NORSKE
VERITAS of the Netherlands. |
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|
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1999
- Commenced production at Arpitalian Compact
Soles Pvt Ltd |
| |
|
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2000
- Formation of a Group Marketing Division-awarded
the Certificate of Merit by the Institute
of Chartered Accountants of Sri Lanka at the Annual
Report and Accounts competition.
|
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|
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