| LAUGFS Gas (LG) is a fully owned subsidiary of
Laugfs Holdings Limited which has diverse interests in Petroleum, Lubricants, Real Estate,
Modern Trade, Leisure, Solid Tyres, Emission Testing & Value added Coir. LG is a Board
of Investment of Sri Lanka (BOI) approved venture and the first indigenous energy (LPG)
company in Sri Lanka . LG commenced its commercial operations on the 22nd of October 2001.
Today, LG is the second fully fledged LPG downstream player in Sri Lanka after the
liberalization of the LPG market. LG is a truly Sri Lankan organization backed by
dynamic, dedicated, devoted & socially responsible local entrepreneurs.
Catering to the entire country including the North and the East, LG has a strong
dealer network (1600 Dealers) that operates as “LAUGFS GAS POINT”. Through these
LAUGFS GAS POINTS; LG distributes domestic LPG cylinders and various LPG related
accessories under the brand name “Laugfs”. Today LG enjoys more than 28% market
share in the domestic sector whilst retaining the 85% market share in the Auto
Gas retailing sector.
LG equipped with a modern LPG storage facility and a fully automated bottling plant
at Mabima, East of Colombo and 15 KM’s away from Colombo for convenient logistics for
importing LPG from foreign suppliers. LG also cater to bulk LPG needs of industrial
users, supplied through its own fleet of modern road tankers. LG commands a market
share of 60% in the industrial bulk LPG sector.
As the only Sri Lankan entity in the LPG business in Sri Lanka, LG has not only showed
an extraordinary growth in sales but also operate as a highly profitable marketing venture.
The sales trend has shown a healthy continuous growth at a rate much faster than the
average market growth rate, giving LG an ever increasing share of a fast expanding
LPG market in Sri Lanka.
However, until 2001, LG was compelled to restrict its activities to the conversion
of petrol powered vehicles to LPG and the retailing of auto LPG purchased from
other importers who enjoyed a trade monopoly. With the end of the five year trade
monopoly in the LPG downstream business in the year 2000, dawned a new era of free
trade and LG expeditiously entered into LPG importation, storage, bottling and
distribution activities, thus becoming the first and only Sri Lankan company to
venture into this field and also the very first recipient of the prestigious ISO
9002 accreditation, in the whole of South East Asia for LPG auto conversions.
Subsequently, our entry into the LPG downstream activities received a boost when
we secured a five year contract with Ceylon Petroleum Corporation for the purchase
of the entire output of LPG produced at their refinery. Within six years of
liberalization of the LPG sector, LG has succeeded in gaining market share of
28% in the domestic sector, 60% of industrial bulk LPG market. This is ample
testimony to LG’s competitiveness and dedication to customer satisfaction.
Since then LG has made steady inroads into the domestic LPG downstream activities
and other sectors as well, winning customer confidence and becoming the most innovative
and progressive service provider in each of our core areas of operations. Today LG is
fast becoming a household name and a significant force in the Sri Lankan industrial &
energy landscape.
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