BOI approves first veterinary pharmaceutical and animal feed premix export project

Board of Investments Chairman Upul Jayasuriya, Farmchemie Manufacturers Managing Director Uditha Wanigasinghe, Farmchemie Manufacturers Director Yvonne Van Cuylenburg

A leading veterinary pharmaceutical and feed additives company signed agreement with Sri Lanka’s apex investment promotion body, the Board of Investment (BOI), to invest over US $ 5 million for export-oriented projects under the name of Farmchemie Manufacturers (Private) Limited. 
Farmchemie is determined to cater the potential market in Indian subcontinent& African countries and the company is expected to grow by US $ 2.5 million globally by 2020. 
Farmchemie is expected to utilize local workforce to employ at their export project generating new job opportunities. 
Optimistic about Sri Lanka’s increasing popularity of being an excellent knowledge hub in the region, Farmchemie aspires to become the largest premix manufacturer and the first veterinary pharmaceutical exporter in Sri Lanka.
Farmchemie (Pvt) Limited has been registered as a limited liability company to carry on the business in 10th July 2002 and got the registration at the Department of Animal production and health as an importer, distributor and manufacturer of veterinary pharmaceuticals, feed supplements, feed additives, sanitizing agents and livestock equipment. 
With the guidance of passionate, ambitious and competitive leader, Farmchemie was able to reach the market leader level in 2007 among the other animal health input suppliers. Farmchemie still is the market leader in the Sri Lankan animal health market and the present market share enjoyed is over 28 percent.
In 2012, Farmchemie invested on building their own factory complex in Homagama industrial hub to start own repacking and production process to cater the local farmer community.