Pelwatte Sugar Industries PLC is the Sri Lanka’s largest manufacturer of sugar and other by-products from raw sugar cane. The Company manages a 2,700 hectare Nucleus estate and a Settlement estate of 3,500 hectares situated in the Moneragala District of the Uva Province. It became part of the DCSL Group following an acquisition of 47% stake in March 2011.
Incorporated in 1981, Pelwatte Sugar Company Ltd. was converted from a Private Company to a Public Limited Liability the very next year and was first listed on the Colombo Stock Exchange (CSE) in 1984. In 1990, the company name was changed to Pelwatte Sugar Industries PLC and three decades on, Pelwatte Sugar Industries today operates Sri Lanka’s largest and most technologically-advanced sugar factory producing more than 22,000 MT of sugar every year.
A Subsidiary Company, Pelwatte Sugar Distilleries (Pvt) Ltd. produces potable and technical alcohol utilizing molasses, a by-product of the sugar factory. The Company is the no.1 producer of potable alcohol in Sri Lanka, meeting requirements demanded by the liquor and cologne industries as well as the manufacturers of Ayurvedic and Western medicine in Sri Lanka.
The Group strongly believes in giving back to the country and plays an important and constructive role in the social development and the general upliftment of the people in its command areas. The Group directly employs about 6,000 workers in the area.