LAUGFS Lubricants goes global with Bangladesh as first market

Friday, 18 November 2022 00:05 - - {{hitsCtrl.values.hits}}

LAUGFS Lubricants, a fully-owned subsidiary of LAUGFS Holdings, is going global by establishing its presence in Bangladesh recently as the first market.

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 licence, LAUGFS Lubricants is recognised as a trusted and leading premium quality lubricant provider, dominating its presence in both the local and multinational landscape.

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.”

He said LAUGFS Lubricants has been able to steer forth to achieve its goals despite the prevailing challenging macroeconomic conditions and this was a result of the dedication put forth by its team of energetic and innovative professionals who are passionate towards delivering promise to 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,” Peiris added.

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.