PGP Glass Ceylon

What PGP Glass Ceylon does

PGP Glass Ceylon PLC, founded in 1955 (originally as Ceylon Glass Company) and listed on the Colombo Stock Exchange since 1995, is the only glass manufacturer in Sri Lanka and part of the Piramal Group's glass packaging business following its 1999 acquisition by PGP Glass Limited of India. The company produces moulded glass bottles and containers across its Sri Lanka, India, and USA facilities, with an aggregate installed capacity of approximately 1,200–1,375 tonnes per day across 11 plants. Its product range spans pharmaceutical packaging (USP Type I, II, and III glass bottles, vials, and droppers), liquor and spirits bottles (brandy, whisky, rum, arrack), beer and wine bottles, food jars and bottles, cosmetics and perfumery packaging, and customized bottles — produced in 15 colour variants with sizes from 5ml to 205 litres.

The underlying manufacturing technology stack includes German-designed end-fired regenerative furnaces (250–300 TPD units), forehearth colouring technology (described as an industry-first for the perfumery segment, producing six base colours in 15+ shades), in-house mould design and manufacturing, an integrated decoration unit (ANSA Deco Glass) with ceramic and organic colour printing, hot and cold end coating, and a five-level automated quality inspection system (online, M-Cal, Veritas, VISIGLAS). A 3MW solar plant at the Horana facility contributes roughly 20% of electricity consumption. The business is B2B sales-led, targeting global blue-chip customers (Bacardi, Diageo, Pernod Ricard, Coca-Cola, USL, Amcor) with direct enterprise field sales and marketing offices across Europe, the Americas, and Asia, complemented by a D2C retail channel through Sri Lankan e-commerce platform Takas.lk. Worldwide sales exceed $200 million with exports to 20+ countries, supported by ISO 9001:2015, FSSC 22000, PAS 223:2011, and Drug Masters certifications.

Name

PGP Glass Ceylon

Legal name

PGP Glass Ceylon PLC

Website

https://pgpglassceylon.com

Company type

Public

Founded year

1955

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PGP Glass Ceylon PLC is the only glass manufacturer in Sri Lanka and part of the Piramal Group, producing moulded glass bottles and containers for pharmaceutical, liquor, beverage, cosmetics, and food customers across facilities in Sri Lanka, India, and the USA with 1,200+ TPD capacity and worldwide sales exceeding $200 million.

Ownership category

akta.pro rank

Product category

Glass Container Manufacturing

NAICS

Glass Container Manufacturing (327213)

SIC

Glass Containers (3221), Glass & Glassware, Pressed Or Blown (3220)

akta.pro primary industry

Pharmaceutical & Medical Glass Packaging (Vials, Ampoules, Syringes) (IMALAEAB)

akta.pro secondary industries

Food & Beverage Glass Packaging (Beer, Wine, Spirits, Soft Drinks, Water) (IMALAEAA), Cosmetics & Perfumery Glass Packaging (Fragrance Bottles, Cosmetic Jars) (IMALAEAC), Alcoholic Beverage Packaging & Closures Brands (Bottles, Cans, Kegs, Corks, Caps) (CRADAIAK)

Keywords

• Glass bottle manufacturing
• Pharmaceutical glass packaging
• Liquor glass bottles
• Food beverage containers
• Flacconage glassware

Headquarters

HQ city

Ratmalana

HQ country

Sri Lanka

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Glass Container Manufacturing and Sales: Manufacture and sale of glass bottles and containers for pharmaceuticals, food & beverages, liquor, cosmetics, perfume, beer, and wine industries. The company produces moulded glass containers in various sizes, colours, and specifications. Revenue is generated through direct sales to enterprise customers and retail sales to consumers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

PGP Glass Ceylon PLC manufactures and sells moulded glass bottles and containers for the pharmaceuticals, food and beverages, liquor, cosmetics, perfumery, beer, and wine industries. The product range spans 50ml to 205 litres in 15 colors, including standard and custom-designed bottles with in-house decoration (ceramic and organic printing), hot and cold end coating, and USP Type I, II, and III pharmaceutical-grade glass. The company also sells directly to retail consumers in Sri Lanka through an e-commerce marketplace.

Product overview

PGP Glass Ceylon PLC is the only glass manufacturing company in Sri Lanka with over 60 years of experience, offering the complete moulded range of glass bottles and containers for the Food and Beverages, Pharmaceuticals, Liquor, Cosmetics, and Perfume industries. The company's product portfolio includes Beer Bottles, Wine Bottles, Liquor Bottles, Pharmaceutical Bottles, Food Jars, Food Bottles, Water Bottles, Customized Bottles, Retail Glass Products, Caps and Lids, and Droppers. With 11 manufacturing plants across India, Sri Lanka, and USA, and a total capacity of 1,375 tonnes per day, the company provides glass packaging solutions across multiple industry segments with a focus on specialized liquor, beverage, and pharmaceutical packaging for international markets.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• CO2 emissions reduced by 2,352 tons annually through 3MW solar power installation
• +3 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Takas.lkminorChannel Partner/ Reseller/ DistributorE-commerce marketplace partner for retail sales in Sri Lanka. PGP Glass products are available for purchase through the Takas.lk platform, enabling direct-to-consumer sales for household and retail customers in the local market.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Saverglass: Specialist premium glass packaging manufacturer focused on wines and spirits, including high-end decanter-style bottles. Directly comparable to PGP's perfumery and premium liquor glass offerings with similar decorative and colour customisation capabilities.
• Verallia: European leader in glass packaging for beverages and food, listed on Euronext Paris. Directly competes in the same bottle/jar categories PGP serves — beer, wine, spirits, soft drinks, and food — with comparable customers.
• O-I Glass (Owens-Illinois): World's largest glass container manufacturer producing bottles and jars for beverages, food, beer, wine, and spirits. Directly comparable to PGP across multiple end markets including food/beverage and liquor, though at much greater global scale.
• Ardagh Glass Packaging: Major global glass packaging producer serving food, beverage, and spirits customers across North America and Europe. Closely comparable to PGP in product mix, customer segments, and capital-intensive manufacturing model.
• Vidrala: Spanish-headquartered glass container producer serving food, beverage, and beer markets across Europe. Comparable scale, product mix, and end-market exposure to PGP's food and beverage glass business.
• Anchor Glass Container: US-based glass container manufacturer producing bottles for beer, beverage, food, and spirits markets. Directly comparable to PGP's Park Hills, USA operations in product mix and customer segments.
• Vetropack: European glass container manufacturer with production sites across Central Europe serving beverage and food markets. Direct peer in moulded glass bottles and jars with similar product portfolio and customer base.

Regional players

• Vitro: Mexican glass manufacturer producing glass containers for wine, spirits, beer, cosmetics, and pharmaceuticals across the Americas. Comparable in pharmaceutical and cosmetics glass offerings, though primarily serving North/Latin American markets.
• BA Glass: Iberian (Portugal/Spain) glass packaging manufacturer serving food, beverage, and wine markets in Europe and North Africa. Comparable in product range and specialty glass focus, but regionally limited vs. PGP's global footprint.

Broad incumbents

• Piramal Glass Limited: Indian parent of PGP Glass Ceylon and one of the largest specialty glass packaging manufacturers globally, with extensive pharmaceutical and cosmetics glass capacity. Overlaps significantly with PGP's product portfolio and serves as both parent and partial competitor in certain segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/believersinglass
• Facebookfacebook.com/BelieversInGlass
• Instagraminstagram.com/believersinglass2017
• LinkedInlinkedin.com/company/piramal-glass-ceylon

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PGP Glass Ceylon