Haycarb PLC

Haycarb PLC

CCSELK:HAYC.N0000
197.75
LKR
-4.00
(-1.98%)
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Capital Structure

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Working Capital

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

CEO
Abeyakumar Mohan Pandithage
Full Time Employees
2,084
Sector
Producer manufacturing
Industry
Electrical products
Address
Colombo Sri Lanka
IPO Date
Jun 1, 1987
Business
Haycarb PLC is a Sri Lanka-based manufacturer and global supplier of coconut shell-derived activated carbon and environmental engineering solutions. Founded in 1973 and headquartered in Colombo, Sri Lanka, the company operates as a key subsidiary of the diversified conglomerate Hayleys PLC and is listed on the Colombo Stock Exchange under the ticker HAYC.N0000. Haycarb operates across two principal business segments: Activated Carbon and Environmental Engineering. The company serves an international clientele across North America, Europe, Asia-Pacific, Latin America, and Africa through manufacturing facilities located in Sri Lanka, Thailand, and Indonesia, supported by overseas marketing, distribution, and warehousing subsidiaries including Eurocarb Products Limited in the United Kingdom, Haycarb USA, Inc. in the United States, Haycarb Holdings Australia (Pty) Limited in Australia, and PT Mapalus Makawanua Charcoal Industry in Indonesia. The company manufactures and markets a portfolio of over 1,500 coconut shell-based activated carbon products in granular, powdered, and extruded pellet forms. Its core product and service lines include standard, water-washed, acid-washed, and chemically impregnated granular activated carbons (GAC) for municipal and industrial water purification, point-of-use (POU) and point-of-entry (POE) filtration, and wastewater treatment; high-hardness adsorption carbons engineered for gold extraction and precious metal recovery across carbon-in-pulp (CIP), carbon-in-leach (CIL), and carbon-in-column (CIC) operations; specialized air and gas phase carbons for industrial odor control, solvent recovery, flue gas treatment, mercury abatement, catalyst support, and protective respiratory equipment; high-purity powdered activated carbons (PAC) for food and beverage decolourisation, edible oil purification, and pharmaceutical processing; automotive carbon canister media for evaporative emission control systems; ultra-high-surface-area activated carbons for energy storage applications including electric double-layer capacitors (EDLC) and supercapacitors; and turnkey environmental engineering services provided through its subsidiary Puritas (Pvt) Ltd, covering the design, engineering, construction, commissioning, and operational maintenance of industrial effluent treatment systems, sewage treatment plants, reverse osmosis water purification units, and the distribution of specialty treatment chemicals. In recent developments, Haycarb has expanded its global production capacity to over 58,500 metric tons per annum through strategic investments in capacity optimization and kiln automation across its manufacturing footprint in Sri Lanka, Thailand, and Indonesia. The company has deepened its market penetration into the advanced materials and electric mobility sectors by introducing high-performance activated carbon solutions engineered for silicon-carbon composite anodes used in lithium-ion batteries. In addition, Haycarb has launched specialized filtration carbons targeted at the extraction of persistent micro-pollutants, including per- and polyfluoroalkyl substances (PFAS) in municipal and industrial water supplies. Under its corporate Activate sustainability roadmap, the company has scaled its closed-loop green charcoaling operations through the Haritha Angara supply chain initiative, expanded on-site solar photovoltaic generation capacity beyond 5.6 MWp, and adopted comprehensive climate disclosure frameworks. Furthermore, its environmental engineering subsidiary Puritas continues to expand industrial water infrastructure projects across South Asia and the Maldives through distribution and technology alliances with international water treatment partners including Veolia Water and Solenis.