Home / Business/ LAUGFS Gas Bangladesh bags Gold at CNCI Achiever Awards 2018

LAUGFS Gas Bangladesh bags Gold at CNCI Achiever Awards 2018


Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 28 August 2018 00:03


 

Reinstating its commitment to excellence, LAUGFS Gas (Bangladesh) Ltd., one of the largest LPG downstream distributors in Bangladesh, clinched the prestigious Gold Award under the ‘Sri Lankan Industry in SAARC Countries’ Category at the CNCI Achiever Awards 2018. 

The award ceremony was organised by the Ceylon National Chamber of Industries in Sri Lanka and was held recently for the 17th year. The highly coveted annual awards competition is evaluated by a distinguished panel of judges and serves to recognise organisations demonstrating excellence in the manufacturing and service sector industries.

Commenting on the achievement, LAUGFS Gas Bangladesh Director/Chief Executive Officer Mohammed Saidul Islam remarked, “It is a great honour to have received the Gold Award under the Sri Lankan industry in SAARC Countries category. It reflects our team’s continuous commitment towards operational and performance excellence, with a firm focus on our economic, social and environmental contribution in both Bangladesh and Sri Lanka.

“We are delighted with this recognition received, as it will serve as another important milestone in our journey towards excellence,” commented LAUGFS Gas Bangladesh Chief Operating Officer Ranjith Jayawardena. “While we continue to strengthen our operations in Bangladesh, we are also committed towards strengthening our relationship with all our stakeholders as a trusted brand.”

Currently, LAUGFS Gas is one of the largest LPG downstream distributors in Bangladesh, importing, storing, bottling and distributing over 60,000 metric tonnes of LPG every year, with an annual turnover exceeding $ 50 million. It operates a world-class LPG import, bottling and distribution facility in Mongla Port, with an expansive distribution network supported by Regional Distribution Centres across the country. LAUGFS Gas serves the Domestic, Industrial and Commercial LPG segments in Bangladesh with 12 kg, 33 kg, 45 kg, bulk and auto LPG solutions as a trusted brand leading and pioneering the local LPG downstream industry. Since its entry into the Bangladesh market in 2015 with the acquisition of Petredec Elpiji Ltd., the company has continued to strengthen its presence in the country with rapid expansion plans supported by strong investments.

Over the years, LAUGFS Gas Bangladesh has made significant investments in strengthening its infrastructure and distribution network in the country, with construction of the country’s first state-of-the-art cylinder requalification plant already underway. It has also continued to strengthen its distribution capabilities in Bangladesh, with a number of investments. A new tanker fleet has already been added to meet the growing market demand, while expanding its Regional Distribution Center (RDC) network and increasing the dealer outlet reach.

The continuous efforts of LAUGFS Gas Bangladesh in pioneering and leading industrial excellence has been recognised with a number of awards and accolades over the years including the prestigious ‘Most Promising LPG Company in South Asia’ Award at the South Asian Partnership Summit and Business Excellence Awards 2017.

LAUGFS is one of the largest diversified business conglomerates and a trusted name 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. With over 4,000 employees and an annual turnover exceeding Rs. 28 billion, LAUGFS continues to expand and empower millions as a trusted Sri Lankan brand.


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

The Brahmin footprint in Sri Lankan history

Saturday, 17 November 2018

It is generally said that there are no genuine “Sri Lankan” Brahmins in the island today, and that those Brahmins who officiate as priests in Hindu kovils (temples) are of Indian origin with close ties with Tamil Nadu.


Country paying for Sirisena’s childlike behaviour

Saturday, 17 November 2018

Many were surprised on 26 October to see former President Rajapaksa being appointed Prime Minister by the very man who defeated him a couple years ago, at a considerable risk to himself and to those who helped him win the election. Then events beca


The JR-MR effect

Saturday, 17 November 2018

Sri Lanka over the last few weeks has experienced a twin crisis. One is political provoked by its Constitution, and the other economic engendered by its politics. However, this crisis is the combined effect of two previous presidencies, those of J.R.


The fish that swallowed the whale

Friday, 16 November 2018

This is an easy-peasy, elementary effort of an ordinary citizen to comprehend the mad scramble for power among the political class. It is undertaken in the belief that the crisis we face is an opportunity to reject the family kleptocracy of Mahinda R


Columnists More