Corporate Governance

Responsibly and Sustainably Serving the Interests of Our Stakeholders

At Siam City Cement (Lanka) Limited (INSEE Cement), good corporate governance is encouraged and reflected across every level of the organization. As a subsidiary of Siam City Cement Public Company Limited, INSEE Cement abides by the Group Corporate Governance Policy and Code of Business Conduct alongside other governing policies of Sri Lanka, further strengthening our commitment to the highest standards of business integrity in all our transactions, seeking to establish global benchmarks in our measures against non-compliance.

The primary mission of the board

Our Board of Directors is responsible for effectively implementing corporate governance policies across INSEE Cement and providing guidance on best practices. The Board is also tasked with providing tools and mechanisms to promote cooperation between INSEE Cement and its stakeholders in order to continue improving the performance and integrity of INSEE Cement. All stakeholders are regularly updated through multiple, easily accessible and trustworthy channels to further strengthen the bonds nurtured over the years.

Nurturing strong investor relations

INSEE Cement continues to pursue the best return on capital and build a future of shared success for our shareholders. Our shareholders are treated fairly and equitably, and are ensured the rights to:

  • Share the profits of the Company by receiving dividends
  • Obtain information on the Company in a timely, routine manner
  • Attend shareholder meetings, vote, elect or remove members from the board, propose for agenda items and questions, appoint external auditors, assign proxies to attend on their behalf and contribute to making decisions on any significant corporate changes at INSEE Cement

Our code of business conduct

INSEE Cement operates within a continuously evolving framework of detailed ethical business practices, standards and the correct choice of actions, compiled and brought together in its Code of Business Conduct. All employees are introduced at induction and provided necessary ongoing training on the Code of Business Conduct at INSEE Cement, to ensure they understand their accountabilities and directives in the workplace, the communities and environments INSEE Cement operate in.


INSEE Cement adopts a zero-tolerance policy for bribery, corruption and other forms of non-compliance for all employees across any operational level and strongly encourage employees to speak up, question and report violations of the Code of Business Conduct.  A variety of tools have been introduced to the employees to actively contribute to preventing incidents of non-compliance with clear direction on the actions that need to be taken in the event of noncompliance. INSEE Cement is  governed by the:

  • Anti Corruption Policy
  • No Gift Policy
  • Whistleblowing Policy (INSEE Speak Up)

These policies empower internal and external stakeholders to support INSEE Cement in eliminating all conflicts of interest and creates a transparent and honest corporate culture.

A wide range of tests and equipment to assess fresh and hardened concrete properties

  • Specified Tests for Self-Compacting Concrete
    • Flow Table Test – BS EN 12350-5:2019
    • J-Ring Test – BS EN 12350-12:2010
    • V Funnel – BS EN 12350-09:2010
    • L Box – EN 12350
  • Slump test – BS EN 12350-2 and ASTM C143
  • Density of fresh concrete – ASTM C138
  • Air content in fresh concrete – ASTM 231
  • Concrete bleeding – ASTM 232
  • Concrete setting time – ASTM C403
  • Compressive Strength up to 180 MPa – Testing Machines (3000 & 4000KN) – Double the existing strength standards in Sri Lanka
  • NDT for Compressive Strength up to 130 MPa – Impact Rebound Hammers – Double the existing equipment capacity in Sri Lanka
  • Flexural Strength – ASTM C78 / BS EN 12390-5-2019
  • Splitting Resistance – ASTM C-496 / EN 12390-6 / EN 1338
  • Concrete Specimen Grinding Machine – BS EN 12390-2 2019/ ASTM D4543

A wide range of tests and equipment to assess and ensure your aggregate grade meets the demand and requirement of your concrete.

  • INSEE Measurement Tools
    • INSEE Blue™ – Assess clay content as key quality indicator for manufactured and natural pit sand
    • INSEE Shape™ – Assess the grain shape particles as key quality indicator for manufactured sand
  • Coarse and fine aggregate particles size distribution – ASTM C136 / C136M – 19 & BS EN 933-1
  • Relative Density and Absorption of Coarse Aggregates – ASTM C127-12
  • Aggregate Impact Value (AIV) – BS EN 1097-2:2010
  • Flakiness Index & Elongation Index – BS EN 933-3:2012
  • Soundness Test of Aggregates – SN EN 206-1
  • Aggregate Crushing Value (ACV)- BS EN 1097-2:2010
  • Los Angeles Abrasion Test – ASTM C 131-06

A range of tests to assess properties of fresh concrete that go beyond the traditional ‘slump test’, improving the quality and consistency of concrete.

  • INSEE Measurement Tools
    • INSEE Flow™
    • INSEE Heat™
    • INSEE Color™
    • INSEE ConTemp™
  • ICAR Rheometer for paste, mortar & concrete toassess pumpability, flow resistance, thickness, slump retention, admixtures compatibility
  • Grout for Pre-Stressing Tendons – BS EN 445 2007
  • Electrical Conductivity for paste & mortar
  • Cementometer™ latest microwave technology for the determination of fresh concrete water to cement w/c ratio

Advanced testing with durability indicators to optimize structural performance and extend the service life of concrete structures exposed to severe environments.

  • Rapid Chloride Permeability Test - ASTM C1202
  • Bulk Electrical Conductivity of Hardened Concrete - ASTM C1760-12
  • Specific Resistivity - RILEM TC154 - AASHTO T358
  • Concrete Carbonation - Swiss SIA 262-1/1 CEN/TS 12390-12
  • O2 Permeability - RILEM 116-PCD CEMBUREAU Method
  • Capillary Water Absorption/ Sorptivity - Swiss SIA 262/1:2013 ASTM C1585-04
  • Initial Surface Absorption (ISAT) - BS 1881 Part 5
  • Water Permeability - EN 12390-8:2000
  • Concrete Sulphate Resistance - SIA 262-1/A