Inovartic Investment Lanka, a collaboration between Sri Lanka’s Apex Asia Holdings and the UAE’s Inovartic Investment LLC, has marked a groundbreaking achievement in the commercialization of nanotechnology. Leveraging cutting-edge technology, the company has developed a method to transform graphite-based oil adsorption materials into globally applicable solutions.
This innovative venture is backed by Abu Dhabi University and the Abu Dhabi Department of Economic Development (ADDED), aiming to advance environmental sustainability and foster industrial innovation.
Aligned with Sri Lanka’s “National Initiative for R&D Commercialisation” and the UAE’s “Make it in the Emirates” strategy, this collaboration sets a global benchmark for sustainable innovation. Chairman of Inovartic Investment Lanka, Saif Al Darmaki, highlighted the significance of this partnership, stating, “This technology showcases Sri Lanka’s exceptional R&D capabilities. Partnering with SLINTEC and Abu Dhabi University allows us to bring this innovation to market and create meaningful impact.”
Shawn Gajasinghe, Chairman of Apex Asia Holdings and Co-Founder/Partner of Inovartic Investment Lanka, echoed these sentiments, adding, “Our goal is to address pressing global environmental challenges through cutting-edge technology, positioning Sri Lanka and the UAE as leaders in sustainable solutions.”
In the coming months, a state-of-the-art production facility will be established to scale up manufacturing of the graphite-based material. This initiative targets critical applications, including oil spill remediation and wastewater treatment, reinforcing the commitment of both nations to environmental sustainability and technological leadership.
