LAUGFS Lubricants Limited(LLL) a subsidiary of the LAUGFS Holdings Limited honored its lubricant distributors and dealers with awards for their great performance in the year 2011.
Accordingly LAUGFS Lubricants awards ceremony for the year 2011 was held at the LAHES auditorium at West Tower Level 22 World Trade Centre last week.
Chairman of the LAUGFS Lubricants W.K.H Wegapitiya said that LAUGFS Lubricants is the only Sri Lankan company to get international standard certificates and endorsement certificate from Daimler Mercedes Benz of Germany.
“We are the first Sri Lankan company to enter into the lubricant industry in Sri Lanka and now after completion of three years in the industry, we are now geared to enter into next level of our operations that is to start up our own blending facility in the country.†He said.
Chairman also said that at present after a long time Sri Lanka is heading into new era of development and Sri Lankan business are poised to grow into greater levels. In that sense in terms of the lubricant industry concern the registration of the motor vehicles are also increasing drastically.
“Every half an hour there is a new motor bicycle coming onto the street and it is the same with motor vehicles. This mainly is due to the new economic prosperity taking place in the country. We see a great potential in the Sri Lankan economy. In that terms of being the only Sri Lankan company in the lubricant industry we also see a great potential in the industry.†He said.
LAUGFS Lubricants Limited Managing Director U.K. Thilak De Silva addressing the ceremony said that today LAUGFS brand has become a household name among the Sri Lankan general public.
“ As a Sri Lankan company we have brought honor to Sri Lankans in terms of our presence of our brand in every sector in Sri Lanka. During this year we are hoping to introduce many changes in our operations and in that sense we are planning set up our own blending plant at Hambantota port in order to offer good quality for a range of products for the Sri Lankan market and the export market. Accordingly we are in a better position to produce the whole range of products at our facility.†He said.
He also expressed his gratitude to all the distributors and dealers for being with LAUGFS from the day one and said that the future is very much positive in terms of industry growth and market growth.
LAUGFS Lubricants Chief Executive Officer(CEO) Nalaka Madugalle speaking at the ceremony thanked each and every distributor and dealer for their excellent performance and commitment on LAUGFS brand.
“This year we have many plans for our operations in the industry. This includes the commencement of the blending plant and introduction of more product range under LAUGFS brand name. Currently we are in the process of obtaining the Sri Lanka Standard Certificate (SLS) to our LAUGFS lubricant products. With this we are aggressively looking forward to increase our market share and even make our products available in the region.†He said.
Accordingly LAUGFS Lubricants awards ceremony for the year 2011 was held at the LAHES auditorium at West Tower Level 22 World Trade Centre last week.
Chairman of the LAUGFS Lubricants W.K.H Wegapitiya said that LAUGFS Lubricants is the only Sri Lankan company to get international standard certificates and endorsement certificate from Daimler Mercedes Benz of Germany.
“We are the first Sri Lankan company to enter into the lubricant industry in Sri Lanka and now after completion of three years in the industry, we are now geared to enter into next level of our operations that is to start up our own blending facility in the country.†He said.
Chairman also said that at present after a long time Sri Lanka is heading into new era of development and Sri Lankan business are poised to grow into greater levels. In that sense in terms of the lubricant industry concern the registration of the motor vehicles are also increasing drastically.
“Every half an hour there is a new motor bicycle coming onto the street and it is the same with motor vehicles. This mainly is due to the new economic prosperity taking place in the country. We see a great potential in the Sri Lankan economy. In that terms of being the only Sri Lankan company in the lubricant industry we also see a great potential in the industry.†He said.
LAUGFS Lubricants Limited Managing Director U.K. Thilak De Silva addressing the ceremony said that today LAUGFS brand has become a household name among the Sri Lankan general public.
“ As a Sri Lankan company we have brought honor to Sri Lankans in terms of our presence of our brand in every sector in Sri Lanka. During this year we are hoping to introduce many changes in our operations and in that sense we are planning set up our own blending plant at Hambantota port in order to offer good quality for a range of products for the Sri Lankan market and the export market. Accordingly we are in a better position to produce the whole range of products at our facility.†He said.
He also expressed his gratitude to all the distributors and dealers for being with LAUGFS from the day one and said that the future is very much positive in terms of industry growth and market growth.
LAUGFS Lubricants Chief Executive Officer(CEO) Nalaka Madugalle speaking at the ceremony thanked each and every distributor and dealer for their excellent performance and commitment on LAUGFS brand.
“This year we have many plans for our operations in the industry. This includes the commencement of the blending plant and introduction of more product range under LAUGFS brand name. Currently we are in the process of obtaining the Sri Lanka Standard Certificate (SLS) to our LAUGFS lubricant products. With this we are aggressively looking forward to increase our market share and even make our products available in the region.†He said.
