Chevron Lubricants Lanka

What Chevron Lubricants Lanka does

Chevron Lubricants Lanka PLC is the publicly listed Sri Lankan subsidiary of Chevron Corporation and the market leader in the country's lubricants category. Incorporated in 1992 as Lanka Lubricants Limited and majority-owned by Caltex (now Chevron) since 1994, the company manufactures, imports, and distributes motor oils, greases, brake fluids, and specialty lubricants under the Caltex, Havoline, Delo, and Lanka brands across Sri Lanka, with regional distribution extending to Bangladesh and the Maldives. Its head office is in Colombo and the operational core is the BS EN ISO 9001:2015-certified Sapugaskanda blending facility, which produces over 90% of domestic volume at a stated capacity of 42 MML on a single shift, supported by a base oil terminal at Mutwal and on-site warehousing of roughly 1.4 million litres.

The company's product platform rests on proprietary additive and formulation technology licensed from Chevron's Oronite subsidiary — including the first GM Dexos1:2015 approval achieved in 2015 — combined with Chevron's ISOSYN technology for heavy-duty diesel applications (Delo, validated to a 30,000 km single-oil-drain and positioned to deliver up to 17% maintenance cost savings) and the Deposit Shield Technology in Caltex Havoline Pro DS Fully Synthetic ECO (validated for a 10,000 km drain interval in Sri Lankan conditions, including a hybrid-vehicle-targeted 0W-20 SKU). Manufacturing operations have run incident-free for 15+ years, the company holds 18+ years without reportable injury, and is publicly ranked #1 in the Oil & Lubricant sector among Sri Lanka's Most Respected Entities and within the Top 40 Listed Companies on the Colombo Stock Exchange (ticker LLUB.N0000).

Commercially, the company operates a hybrid distribution model: 17 regional distributors delivering weekly to an authorized Caltex retail and Caltex Xpress Lube network for the consumer/passenger-car segment; direct B2B sales supported by technical advisory for industrial, manufacturing, tourism, and heavy-duty fleet customers; and regional export partners in Bangladesh (Rock Energy Limited, Astro Engineering Limited) and the Maldives (Damas Company, Innovative Solutions Maldives). Marketing investment has recently diversified — including a renewed Mahela Jayawardena brand ambassadorship for Havoline, the female-owned Caltex Abhimani dealer program (~15% / 81 dealers), an Uber Sri Lanka partnership extending into Uber Eats' car care category (announced November 2024), and CSR programs with the Sri Lanka Red Cross Society and Traffic Police. The combination of proprietary chemistry, integrated local manufacturing, and the largest branded distribution footprint in Sri Lanka defines the company's current operating posture.

Name

Chevron Lubricants Lanka

Legal name

Chevron Lubricants Lanka PLC

Website

https://chevron.lk

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

Chevron Lubricants Lanka PLC is the publicly listed, market-leading Sri Lankan subsidiary of Chevron Corporation, manufacturing and distributing Caltex, Havoline, Delo, and Lanka lubricants across Sri Lanka, Bangladesh, and the Maldives, with a 42 MML blending facility in Sapugaskanda, proprietary Oronite additive and ISOSYN technology, and an island-wide network of 17 distributors.

Ownership category

akta.pro rank

Product category

Lubricants and Motor Oils

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Petroleum Refining (2911)

akta.pro primary industry

Lubricant Formulation & Blending (Finished Lubricants) (EUALAJAC)

akta.pro secondary industries

Lubricants, Fluids & Chemical Products Distribution (Oils, Coolants, AdBlue/DEF, Cleaners) (TLAKAOAL), Fuel Additives & Lubricant Additives (IMAEAMAL), Lubricant Additives & Performance Chemicals (EUALAJAB)

Keywords

• Lubricant manufacturing
• Engine oil products
• Industrial lubricants
• Automotive lubricants
• Brake fluids

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Lubricant Oil Sales: Manufacturing, importing, distributing, and marketing lubricant oil, grease, brake fluid, and specialty products for industrial, commercial, and consumer applications. Over 90% manufactured locally at Sapugaskanda facility.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels7 records

Core offering

Chevron Lubricants Lanka PLC manufactures, imports, and distributes lubricant oils, greases, brake fluids, and specialty products for industrial, commercial, and consumer applications. Products are marketed under the Caltex, Havoline, Delo, and Lanka brands, with over 90% of products blended locally at the Sapugaskanda facility in Sri Lanka. The company sells directly to commercial and industrial customers and through an extensive retail network of distributors, authorized dealers, and Xpress Lube service centers across Sri Lanka, with regional distribution in Bangladesh and the Maldives.

Product overview

Chevron Lubricants Lanka is a lubricant and engine oil supplier operating as a subsidiary of Chevron Corporation. The company offers a multi-brand portfolio of lubricant products for industrial, commercial, and consumer applications, marketed under the Caltex, Havoline, Delo, and Lanka brands. Products include motor oils, lubricant oils, greases, brake fluids, and specialty products. The company manufactures over 90% of products locally at its Sapugaskanda blending facility and distributes throughout Sri Lanka, Bangladesh, and the Maldives.

Differentiator

Problem solved

Functional benefit

Brands

• Havoline: Premium passenger car motor oil (PCMO) brand including Pro DS Fully Synthetic ECO series with Deposit Shield Technology for internal combustion and hybrid engines.
• Delo
• Lanka
• Caltex

Products and services

• Caltex Lubricants Caltex is the primary multi-product lubricant brand marketed under Chevron in Sri Lanka, Bangladesh, and the Maldives, covering engine oils and lubricants for passenger cars, commercial vehicles, and industrial applications.
• Havoline Passenger Car Motor Oil Premium passenger car motor oil brand offering synthetic and conventional formulations, including the Havoline Pro DS Fully Synthetic ECO series with Deposit Shield Technology, designed for high-performance and hybrid passenger vehicles and validated for a 10,000 km extended drain interval in Sri Lankan environmental conditions.
• Delo Heavy-Duty Diesel Engine Oil Heavy-duty diesel engine oil brand utilizing ISOSYN technology combining premium base oils with high-performance additives, proven to deliver up to 30,000 kilometers on a single oil drain for commercial fleet operators and heavy duty diesel engine owners, enabling up to 17% cost savings through reduced maintenance and operational costs.
• Lanka Super Plus Lubricant Entry-level petroleum-based engine oil marketed under the Lanka brand for the domestic Sri Lankan passenger vehicle market.
• Havoline Pro DS ECO 5 SAE 0W-20 Fully synthetic Dexos-1 licensed engine oil in 0W-20 viscosity, specially designed for hybrid vehicles, providing improved fuel efficiencies and turbocharger protection while meeting ILSAC GF-5 and API SN standards.

Quantifiable outcome

• Caltex Havoline 10,000 km extended drain interval validated in Sri Lankan conditions
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core.

• Ceylon German Technical Training Institute (CGTTI)coreStrategic or Co-development Partner · 22 November 2025Collaboration launched Caltex Abimani: Women in STEM initiative in November 2025 to empower young Sri Lankan women pursuing education in science, technology, engineering and mathematics. Program supports deserving students with scholarships, tools, resources, and confidence building for technical training careers.
• Traffic Police of Sri LankacoreStrategic or Co-development Partner · 1 March 2025Tripartite MOU with Red Cross and Traffic Police for comprehensive road safety project with three objectives: Enhancing Road Safety Awareness, Implementing a Safer School Program, and Strengthening Emergency Response Capacity. Includes 3-day first aid training program at Traffic Police Headquarters.
• Uber Sri LankacoreGTM or Marketing Partner · 5 November 2024Chevron Lubricants Lanka PLC announced collaboration with Uber as its official lubricant partner in Sri Lanka on November 5, 2024. Drivers across Uber's Mobility and Delivery verticals receive access to Chevron's range of premium lubricants with special pricing at Caltex Authorized Dealers. Uber Eats added car care category for lubricant delivery, enabling Sri Lankans to order lubricants via the delivery platform.
• Sri Lanka Red Cross SocietycoreStrategic or Co-development Partner · 22 July 2024Chevron donated $35,000 to Sri Lanka Red Cross Society for well-cleaning program in flood-affected Colombo and Matara districts, benefiting 1,500 families (approx. 7,500 individuals). MOU signed for road safety initiative including first aid training, safer school program, and emergency response capacity strengthening.
• Mahela JayawardenacoreGTM or Marketing Partner · 1 January 2024Legendary Sri Lankan cricketer and former cricket captain appointed as brand ambassador for Caltex Havoline. Partnership renewed for second consecutive year following successful 10,000 km mileage trial demonstration. Alignment of brand values around excellence, innovation, reliability, and trust.
• Damas Company (Pvt) LtdcoreChannel Partner/ Reseller/ DistributorMaldives distributor with 25-year history in Maldivian market, active in hardware, construction materials, furniture, and industrial/household appliances. Represents Caltex range of lubricants along with other international brands including RJ London paints, Multilac paints, and WIL furniture systems.
• Innovative Solutions Maldives Private Limited (ISM)coreChannel Partner/ Reseller/ DistributorMaldives holistic industrial solutions provider specializing in lubricants, engine oils, power generators, material handling, storage systems, elevators, car parking, weighing equipment, and marine/protective coatings. Also serves healthcare and construction industries. Represents Hyster, Avery Weigh-Tronix, Shimadzu, and other global brands alongside Caltex.
• Rock Energy LimitedcoreChannel Partner/ Reseller/ DistributorBangladesh distributor and subsidiary of one of Bangladesh's fastest-growing business conglomerates with over 30 years experience in diversified operations including flagship oil and gas sector business.
• Astro Engineering LimitedcoreChannel Partner/ Reseller/ DistributorBangladesh distributor located in Gulshan-02, Dhaka, representing Chevron lubricants in the Bangladesh market alongside diversified engineering solutions.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Castrol (BP) South Asia: Castrol markets passenger (Castrol GTX, EDGE, Activ) and commercial/industrial lubricants across India, Bangladesh, Sri Lanka and Maldives, competing head-to-head with Havoline and Delo in similar B2B/B2C channels.
• Shell Lubricants (Sri Lanka / South Asia): Direct competitor across passenger car motor oils, heavy-duty diesel lubes, and industrial lubricants in Sri Lanka and broader South Asia, leveraging the Shell, Rimula, Helix, and Rimula brands through similar distributor-led channels.
• TotalEnergies Lubricants South Asia: TotalEnergies distributes Quartz (PCMO) and Rubia (HDDEO) plus industrial lubricants across Sri Lanka and South Asia via local distributors, directly contesting Caltex and Delo on premium passenger and fleet accounts.
• Gulf Oil International (South Asia): Gulf markets passenger and commercial lubricants (Gulf Pride, Gulf Super Tractor, Gulf Legend) across South Asia via Hinduja Group distribution, overlapping in PCMO, motorcycle oils, and rural/commercial segments.
• ExxonMobil Lubricants (South Asia): Mobil 1, Mobil Super, and Mobil Delvac compete against Havoline and Delo across passenger car and heavy-duty segments through distributor networks in Sri Lanka, Bangladesh, and the Maldives.

Emerging players

• Sinopec Lubricant Company: Sinopec's Great Wall and Justar lubricant brands compete globally on price-value PCMO and industrial grades; an emerging player in South Asia with growing distributor-led presence that could pressure incumbents over time.

Broad incumbents

• Fuchs Petrolub SE: Global independent lubricants specialist with broad industrial and automotive ranges; not a direct Sri Lankan PCMO rival but a comparable specialist formulator/distributor for industrial segments.

Regional players

• Petronas Lubricants International: Petronas markets Syntium (PCMO) and Urania/akCELA/akROS (HDDEO) across South and Southeast Asia; comparable in product portfolio and channel mix, particularly relevant for Bangladesh and Maldives adjacency.
• Bharat Petroleum ( MAK Lubricants ): MAK-branded lubricants from BPCL serve India and selected export markets with PCMO, motorcycle, and industrial grades; provides regional reference for pricing, scale, and channel structure.
• Indian Oil Corporation ( lubricants / SERVO ): SERVO-branded lubricants from Indian Oil are a major South Asian incumbent with cross-border reach into neighbouring markets; comparable in scale, local manufacturing, and multi-channel distribution, though not the lead player in Sri Lanka.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/caltexsl
• LinkedInlinkedin.com/company/caltex-sri-lanka
• Instagraminstagram.com/caltexsrilanka?igshid=YmMyMTA2M2Y=

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chevron Lubricants Lanka