LAUGFS Lubricants signs base oil supply deal with Mitsubishi
LAUGFS Lubricants Ltd. announced a strategic partnership with Japan’s Mitsubishi Corp., whereby the latter will exclusively supply base oil to LAUGFS Lubricants, a wholly owned subsidiary of LAUGFS Holdings, one of the largest diversified business conglomerates in Sri Lanka.
LAUGFS Holdings Chairman W.K.H. Wegapitiya said that the strategic partnership with Mitsubishi will help the company further strengthen its commitment to quality.
“As a conglomerate with strong Sri Lankan roots, we are proud to offer products made to the highest international standards that can confidently compete with international brands,” said Wegapitiya.
“It is the only Sri Lankan lubricant company to hold licenses from the American Petroleum Institute (API), which defines global industry standards for motor oils,” he said.
LAUGFS Lubricants also has original equipment manufacturer (OEM) approvals for Volvo, Renault and Porsche vehicles.
LAUGFS Lubricants are currently blended in Singapore using high quality Group II base oils. To support its expansion, LAUGFS Lubricants will soon start operating its own state-of-the-art lube blending plant.