# 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.

- Type: New facility
- Announced: 2022-03-15
- Where: Sapugaskanda, Sri Lanka
- Value: $1.20M (240.6M LKR)
- Status: announced
- Capacity: 150,000 sq ft plant; combined sites about 300,000 sq ft
- Products: corrugated cartons
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ex-pack Corrugated Cartons](https://endata.com/companies/8494.md)

## Sources

- [dailymirror.lk](https://www.dailymirror.lk/print/business-news/Soaring-construction-costs-put-a-damper-on-Ex-packs-expansion-plans/273-233094), 2022-03-15: "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"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.