Inovartic Investment Lanka, a joint venture between Inovartic Investment LLC and Apex Asia Holdings, has acquired advanced nano-technology to transform graphite-based oil adsorption materials into globally viable solutions.
The joint venture, supported by Abu Dhabi University and the Abu Dhabi Department of Economic Development (ADDED), aims to enhance environmental sustainability and drive industrial innovation.
Chairman, Inovartic Investment Lanka, Saif Al Darmaki, said, “This technology is a testament to Sri Lanka’s R&D abilities. We are proud to partner with SLINTEC and Abu Dhabi University to bring this innovation to life and drive meaningful change.”
Chairman, Apex Asia Holdings and Co-Founder/ Partner, Inovartic Investment Lanka, Shawn Gajasinghe said, “By leveraging cutting-edge innovation, we aim to address global environmental challenges and position both nations as leaders in sustainable technology.”
Within six months, a dedicated production facility will operationalise large-scale manufacturing of the graphite-based material, targeting critical sectors such as oil spill management and waste recovery, he said.
