Laugfs Lubricants establishes presence in Bangladesh

Laugfs Lubricants, a fully owned subsidiary of Laugfs Holdings, has recently ventured into Bangladesh though Laugfs Gas PLC this week announced the full divestment of its retail LP gas business in Bangladesh for US$ 23 million. 

First introduced to the Sri Lankan market in 2008, Laugfs Lubricants has grown exponentially offering lubricant solutions for every class of motor vehicle and industrial application. 
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.

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.”

“This is a proud moment for our company and a big step in our global business expansion drive, and we will continue to innovate and provide world-class lubricants to all our consumers,” he added.

Laugfs Lubricants combines global cutting-edge technology and local expertise through 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.