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Friday, April 19, 2024

LAUGFS Lubricants Establishes its Presence in Bangladesh

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LAUGFS Lubricants, a fully owned subsidiary of LAUGFS Holdings and Sri Lanka’s home-grown leading lubrication solution provider, recently ventured into international, expanding its presence to markets in Bangladesh. First introduced in the Sri Lankan market in 2008, LAUGFS Lubricants has grown exponentially offering lubricant solutions for every class of motor vehicles and industrial applications. As the only Sri Lankan company with its own lubricant blending license, LAUGFS Lubricants is recognised as a trusted and leading premium quality lubricant provider, dominating its presence in both the local and multinational landscape.

Commenting on this, LAUGFS Lubricants Director/CEO, Dr. Niroshan J. Peiris, said “Our expansion into global markets such as Bangladesh is a significant milestone in our journey as a home-grown brand, reiterating our commitment towards creating value for all our stakeholders. At LAUGFS Lubricants, we have been able to steer forth to achieve our goals despite the prevailing challenging macroeconomic conditions, and this is a result of the dedication put forth by our team of energetic and innovative professionals who are passionate towards delivering our promise to our partners. This is a proud moment for our company and a big step in our global expansion drive, and we will continue to innovate and provide world class lubricants to all our consumers”.

LAUGFS Lubricants combines global cutting edge technology and local expertise through conducting extensive research and development to manufacture lubricants that suit the tropical climate experienced in Sri Lanka and the rest of the South Asian region. The company holds ‘Original Equipment Manufacturer (OEM) approvals for Volvo, Renault and Porsche vehicles, and is the only Sri Lankan lubricant manufacturer to hold licenses from the American Petroleum Institute, defining global industry standards for motor oils.

The LAUGFS Lubricants Testing laboratory is the first petroleum laboratory in Sri Lanka to receive the ISO/IEC 17025:2017 accreditation under the scope of oil and lubricants, marking a monumental achievement. This certification demonstrates the technical competency and accuracy of test results of the products manufactured by the company. By maintaining stringent quality control processes to ensure superior quality products, LAUGFS Lubricants is recognised as a trusted brand in the hearts of Sri Lankans, resonating with the company’s values to operate with high stakeholder value creation.

LAUGFS Holdings Limited is one of the largest diversified business conglomerates and a trusted and well-loved home-grown business in Sri Lanka. Founded in 1995, LAUGFS today has expanded across 20 industries in Sri Lanka and overseas, establishing a strong presence as a leader and pioneer in the power and energy, retail, industrial, services, leisure, and logistics sectors.

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