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'Underwater Gallery Nilwella' declared open on the southern coast - Hiru News - Srilanka's Number One News Portal, Most visited website in Sri Lanka


Sunday, 11 April 2021 - 17:38
Minister of Youth & Sports, Honorable Namal Rajapaksa declared open the ‘Underwater Gallery Nilwella’ at Nilwella beach yesterday (10th April 2021).
Built with the contribution of the Sri Lanka Navy, this latest addition in the southern coast of Nilwella, would from here on attract more local and foreign holidaymakers towards this popular tourist destination.
The project had been set in motion after taking a wide array of matters into consideration. Among them; prevention of harmful effects on marine animals, plants and corals due to natural and human activities, protection of the marine ecosystem, creation of an artificial fish breeding environment, provision of artificial substrates for coral reefing and offering a magnificent site for scuba divers were factored. ....

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Fluidra S.A.: Fluidra Strengthens Industry Leadership Position With Acquisition of Custom Molded Products (CMP)


Fluidra S.A.: Fluidra Strengthens Industry Leadership Position With Acquisition of Custom Molded Products (CMP)
Addition of the US manufacturer of pool and spa components will further strengthen Fluidra s leadership position in the pool and wellness industry.
CMP s product offering and manufacturing expertise are highly complementary to Fluidra s business, creating expanded growth opportunities and value for customers.
The acquisition values CMP at $245 million and is expected to be Cash EPS accretive to Fluidra in 2021.
Fluidra S.A. (BME: FDR), the Spanish listed global leader in pool and wellness equipment and connected solutions, today announced it has acquired Custom Molded Products ( CMP ), a Georgia-based manufacturer of pool and spa components, from Tenex Capital Management. ....

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Molded Fiber Pulp Packaging Market Players Look to Capitalize on Sustainability Trend


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Participants in the molded fiber pulp packaging market are leveraging strict regulations imposed by many countries against the use of plastics to provide sustainable alternatives.
DUBAI, UAE / ACCESSWIRE / January 21, 2021 / The molded fiber pulp packaging market is anticipated to grow steadily reaching a substantial US$ 13 billion by the end of 2030. The coronavirus pandemic is likely to negatively impact the short-term prospects of the molded fiber pulp packaging market. Reduced demand in automotive, logistics, cosmetics, and the food service sectors are likely to hurt market players. However, the market is likely to display steady recovery towards 2021 as governments take steps to gradually relax lockdown regulations in the near future. ....

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