Sri Lankan Entrepreneur Rikas Usman Launches XPLOSA LLC in New York 📈
• Global Expansion: Sri Lankan industrialist Rikas Usman, Chairman of Xplosa Corporation, has officially expanded into the U.S. market with the launch of XPLOSA LLC in New York. This marks a strategic move to take Sri Lankan manufacturing excellence to the global industrial adhesives stage. • Sector Focus: The venture will operate under the flagship brand ARKEMIC, targeting high-growth sectors including packaging, woodworking, construction, and textiles. The product portfolio features advanced PVA, BOPP, and Styrene-Acrylic formulations. • Strategic Goals: • Establishing a full-scale adhesive manufacturing facility in the U.S. in the near future. • Delivering eco-friendly, next-generation adhesive technology compliant with EPA and international standards. • Strengthening the link between Sri Lankan polymer chemistry expertise and North American market reach. • Institutional Backing: Xplosa Corporation is part of the Kandyan Group, a prominent Sri Lankan conglomerate with over 40 years of heritage in manufacturing, FMCG, and logistics. • Economic Impact: The move highlights the potential for Sri Lankan industrial chemicals and manufacturing firms to diversify internationally, boosting the country's profile as a hub for technical entrepreneurship and specialized exports.