To improve supply chain efficiency: INSEE Cement signs MOU with HIPG
The Hambantota International Port Group (HIPG) signed an agreement with INSEE Cement, the leading cement manufacturing company in Sri Lanka, to ensure the efficient transfer of raw materials to their factory in Galle, via the Hambantota Port. This will have a positive impact on the operational efficiency.
The agreement was signed between Gustavo Navarro, Chief Executive Officer of INSEE Cement and Johnson Liu, CEO of HIPG at a ceremony held at The Hambantota Maritime Centre.
CEO of HIPG Johnson Liu expressed his appreciation of the partnership with INSEE saying, it would be of great mutual advantage for both parties. “INSEE Cement was Hambantota International Port’s (HIP) first customer for dry bulk cargo and we greatly appreciate the trust they placed in us.
We have worked with them from 2018 and have been able to greatly increase our productivity in handling dry bulk volumes. Recognising the value, the companies bring to each other; we decided to strengthen the partnership by entering into an agreement that will continue creating win-win opportunities that will be of mutual benefit.”
The CEO added that the port handled a dry bulk volume of over 1 million metric tonnes in 2021, for the first time exceeding the 1 million ranges, under a single customer, which was a milestone achievement for the port.