JCT Chemicals (Pvt) Ltd was formed for the original purpose of extraction and
export of crude Pine Resin. The processing of pine resin and the Export of value
added products such as Gum Rosin and Turpentine has also been envisaged in the
future. The Company was incorporated on 10th February 1999 under registration
No. N (PVS) 23027, and same year the project was approved by the Board of
Investment of Sri Lanka under registration No. 1930/18/03/99.
Pinus Plantations owned by the Forest Department of Ministry of Forestry and
Environment situated in Galle, Matara, Hambantota and Ratnapura Districts
totaling 1500HA were released to our Company under a 10 year Lease Agreement.
A brief description of the species Pinus from which resin is extracted by a
tapping operation similar to rubber tapping is given below. The present
operations of the Company have also been highlighted.
Pinus is one of the most widely distributed genera of trees in the northern
hemisphere, extending from the polar region to the tropics. The genus is also
one of the most widely planted exotics because of its adaptability to the new
locations and its large scale use for timber and pulp. Pinus Caribaea being and
exotic to Sri Lanka was introduced in late 1940s but systematic planning on
large extents was started in late 1960 and in 1970.
Although the major objective
of the establishment of this exotic plantation was for the production of fiber
for the paper industry, neither the National Paper Corporation nor the state
Timber corporation had concrete program for the utilization of pine wood.
However even at later stages, it was realized that Pinus has other potential as
a non- wood forest product, namely it can be used for tapping for resin which
can then be distilled to produce Turpentine and Gum Rosin. Most Pinus species
are capable of yielding resin on tapping but it is only economical to do so if
the quaintly obtained is sufficient and its quality is acceptable. Both these
factors are determined primarily by the species of pinus which is tapped. Pinus
Caribaea which is the most common species available in Sri Lanka has both these
factors on and economically acceptable level.
Today the forest department has well over 15,000 hectares of matured pinus
plantations distributed mainly in the Wet zone districts of the island. The
pinus plantations of Badulla, Galle, and Matara and Kalutara districts are
already being allocated to three companies and tapping operations are in
progress. However, our company is interested in the plantations situated in the
Galle, Matara, Hambantota and Ratnapura Districts.