Dipped Products PLC To Expand Product Portfolio 
Posted 5,January

By Chaveendra Dunuwille

In Local News

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Via a corporate disclosure letter sent to the Chief Regulatory Officer of the Colombo Stock Exchange, the DPL Group, consisting of Dipped Products PLC and several other subsidies, expressed its plan to expand its existing portfolio. 

According to the letter, DPL Premier Gloves Ltd, a subsidy of Dipped Products PLC, plans to venture into the sports and mechanical gloves sector. To accomplish this objective, the company plans on investing approximately LKR 1 billion to set up a state-of-the-art manufacturing facility in the Biyagama BOI investment zone.