Ex-pack Corrugated Cartons scales back plan, buys land for new Sri Lanka carton plant

Ex-pack Corrugated Cartons downsized its plan for a large corrugated plant after construction costs rose over 40 percent. It bought a land block in Sapugaskanda for Rs.240.62 million and will build a 150,000 sq ft plant there, 2.3 km from its current factory.

“the company had decided to retain the current facility of 145,000 sq. ft. located on a five-acre land and construct another 150,000 sq. ft. of factory on an 870-perch plot”dailymirror.lk

• 1 source
• dailymirror.lkDaily Mirror - Sri Lanka Latest Breaking News and Headlines - Print Edition Soaring construction costs put a damper on Ex-pack’s expansion plansMar 15, 2022

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