Celebrating a decade of excellence in innovation, Hayleys PLC hosted its 10th annual Chairman’s Awards to recognise the inspiring achievements and initiatives of its teams across 16 diverse business sectors. A total of 205 employees from 25 project teams were felicitated at the diversified conglomerate’s apex recognition platform. Projects included value-added export innovations that continued…
Targets emerging opportunities in Middle-East, Africa, South America, Asia and Oceania Invests in expanded manufacturing capacity, new product lines Global integrated rubber glove manufacturer, Dipped Products PLC (DPL), is taking aim at lucrative emerging opportunities in new export markets, and high-value niche product segments, as part of an ‘innovation-led’ growth agenda spearheaded by new Managing…
Firstlight now supports over 5,000 farmers’ livelihoods Enabled savings of annual foreign outflow of $15m Kegalle farmer network grown to 2ndhighest region for latex collection Dipped Products PLC (DPL), international gloves exporter and part of the Hayleys Group, has expanded its smallholder network to Kegalle with over 1100 new farmers now connected to its DPL…
Image: DPL smallholder farmers from Monaragala International rubber gloves exporter Dipped Products PLC has distributed 30,000 rubber saplings in its sustained drive to support the future yield and income of its Monaragala farmer network. The company’s distribution initiative began in March 2021, when DPL established its first rubber plant nursery and will culminate with one…
The pace of business growth could moderate at Dipped Products PLC in the medium term after the global glove maker for industrial and medical needs recorded soaring sales fuelled mostly by the pandemic and the shift in sales from a key global supplier, which together pushed the firm’s profits to its highest-ever levels. The Hayleys…
Hayleys Group’s Dipped Products PLC (DPL) and Haycarb PLC are well-positioned to benefit most from a potential COVID-19 third wave globally, which could ramp up the demand for personal protective equipment (PPE), according to a research report by an equity brokerage. Despite the global vaccine drive, there has been a spike in COVID–19 cases globally,…
As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder rubber farmers for the 10th consecutive year, under its flagship Firstlight CSR project. This year’s distribution recorded the largest donation of school bags, which was…
Pedro Estate situated in Nuwara Eliya has established an all-time record price at this week’s tea auction held on 10 March by securing an attractive price of Rs. 1,450 for a BOP grade selling under the ‘Lovers Leap’ mark. This line of tea was purchased by Mabroc Teas Ltd. Read the full article here.
Continuing to strengthen the farmer co-operative societies in its loyalty network, Dipped Products PLC (DPL) distributed rubber plants to smallholder farmers in the Monaragala District under its flagship sustainability initiative: DPL Firstlight. The plants for the inaugural distribution were sourced from a new nursery established by DPL. Setting in motion plans to continue the initiative…
Dipped Products PLC has seen higher sales for its rubber gloves, due to COVID-19-related healthcare requirements. The company, which has glove making facilities in both Sri Lanka and Thailand, along with its tea and rubber plantations, reported revenues of Rs.12.3 billion for the three months to December 31, 2020 (3Q21), up 55 percent from the…