Employees
of Pyramid Lanka Pvt sit around chatting with each other –
most of the time -while stocks lie unused at the factory at
the Kerawalapitiya Industrial Zone at Muthurajawela, north
of Colombo.
Pyramid is among 10 factories that produce
Hydrogenerated vegetable oil (commonly known as Vanaspati)
for the Indian consumer markets that have been closed for
several weeks due to a trade dispute between India and Sri
Lanka.
“The total commercial loss per month
alone is a staggering Rs 312 million rupees with an additional
loss of another 50 million incurred in terms of fixed cost
and payment of salaries,” S. A. P. Suriyapperuma, director
of Pyramid Lanka Pvt said.
The factories are incurring additional costs
in reprocessing already produced Vanaspati products as the
shelf life of the product is running out while it remains
in the factories and the port. (CD). Pix by Athula Devapriya |