Laugfs Holdings Limited, Sri Lanka’s only company with its own lubricant blending license, under Laugfs Lubricants, recently ventured into the international market to expand its service offering in the Maldives as part of Laugfs’ strategic plan to enter new international markets.
The signing was attended by representatives of Laugfs Lubricants: Director/CEO of the Cluster – Dr. Niroshan J Pieries, Chief Operating Officer – Samantha Herath, International Market Development Director – Pradeepan Sivarajah and representatives of Mechanism Maldives (Pvt) Ltd: Managing Director – Adam Ali and the Director – Mr. Tremayne Pereira.
Dr. Niroshan J. Pieries, Cluster Director and Managing Director of Laugfs Lubricants said, “We are delighted to partner with Mechanism Maldives (Pvt) Ltd as they share our vision and values to deliver an excel product and service ·lence for all our users As we enter the Maldives market, we are confident in our ability to meet the growing market needs of the time and to further strengthen Laugfs presence in Asia as the only brand of Sri Lanka”.
With the establishment in 2008 of Laugfs Lubricants Limited, a wholly owned subsidiary of Laugfs Holdings, the brand is strengthened by the strong reputation of the parent company, which has helped it win over key influencers and end users by building trust, credibility and honesty.
The expansion in the Maldives is the second international expansion for Laugfs Lubricants, following its initial expansion in Bangladesh. Mechanism Maldives (Pvt) Ltd is widely recognized for its manufacture, supply, service and commissioning of RO desalination plants and wastewater treatment plants, supply and installation of generators, supply and installation of storage tanks , design and installation of total MEP works in tourist centers and Hotels, and Construction of Swimming Pools and Installation of swimming pool equipment and Water Heaters.
Mechanism Maldives (Pvt) Ltd Managing Director Adam Ali said: “We are delighted to partner with Laugfs Lubricants Ltd and are excited to grow the business together. Providing products of this caliber to the local markets of Maldives will allow us to meet the growing gap in the market by creating more opportunities for business and international growth.”
With Laugfs Lubricant Testing Laboratory named the first petroleum laboratory in Sri Lanka to receive ISO/IEC 17025:2017 accreditation in the field of oil and lubricants, and now with the brand’s entry into the Maldives, both feats mark another monumental milestone for Laugfs Lubricants. Ensuring complete protection for vehicle owners/users with quality maintenance and local and international standards, Laugfs Lubricants adds value to the consumer by providing international quality lubricants suitable for Maldives conditions and for each vehicle category, giving resulting in engine durability and power maintenance. , and fuel economy with low emissions leading to better environmental care.
The SL Accreditation Council together with the Global Accreditation Society awarded Laugfs Lubricants ISO 17025:2017 for its state-of-the-art laboratory. In addition, the company holds licenses from the American Petroleum Institute (API), which sets international industry standards for motor oils, and the Japanese Automotive Standards Organization (JASO MA), as well as the “Original Equipment Manufacturer (OEM)” certifications from well-known car manufacturers.
