Lankem
- Company typePublic
- Founded1964
- HeadquartersColombo, Sri Lanka
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Lankem firmographics
Firmographics- Name
- Lankem
- Legal name
- Lankem Ceylon PLC
- Website
- https://www.lankem.lk/index.php
- Company type
- Public
- Founded year
- 1964
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Lankem industry classification
Industry- Product category
- Specialty Chemicals
- NAICS
- Phosphatic Fertilizer Manufacturing (325312), Metal and Mineral (except Petroleum) Merchant Wholesalers (4235)
- SIC
- Industrial Inorganic Chemicals (2810), Wholesale-Farm Product Raw Materials (5150)
- akta.pro primary industry
- Phosphate Fertilizers (MAP, DAP, TSP, SSP) (AFABABAB)
- akta.pro secondary industries
- Phosphate Fertilizers (MAP/DAP/TSP) (IMAEAEAB), Fertilizer Raw Materials & Intermediates (Phosphate Rock, Sulfuric/Phosphoric Acid, Potash Ore/Brines) (AFABABAH), Industrial Minerals Trading (Phosphate, Potash, Sulfur, Borates, Barite, Talc) (IMAKAJAF)
Keywords
Where Lankem is headquartered
LocationHeadquarters
- HQ city
- Colombo
- HQ country
- Sri Lanka
- HQ region
- Asia
Markets served
Lankem business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Fertiliser Sales: Manufacturing and selling Single Super Phosphate fertiliser to the Sri Lankan agricultural sector
- Industrial Coatings Distribution: Distribution of Axalta Coating Systems industrial liquid, marine, and powder coating solutions in Sri Lanka
Go-to-market motion2 records
Distribution channels2 records
Marketing channels1 record
Lankem product offering
Product offeringCore offering
Lankem Ceylon PLC manufactures Single Super Phosphate (SSP) fertiliser under the 'Mada Raja' brand at a state-of-the-art domestic facility with 50,000 metric tons annual capacity, targeting up to 80% of Sri Lanka's SSP requirement. The company also distributes advanced industrial liquid, marine, and powder coating solutions in Sri Lanka as the authorized partner of Axalta Coating Systems.
Product overview
Lankem Ceylon PLC operates as a diversified industrial and agricultural products company offering a portfolio of specialty chemicals and fertilisers. The product portfolio includes 'Mada Raja', Sri Lanka's first domestically manufactured Single Super Phosphate fertiliser (produced at a new Rs. 3 billion facility with 50,000 metric tons annual capacity), alongside a range of high-performance industrial coating solutions (industrial liquid, marine, and powder coatings) distributed in partnership with Axalta Coating Systems for infrastructure, energy, agriculture, heavy equipment, rail, and steel structure sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Mada Raja Single Super Phosphate (SSP) Fertiliser Sri Lanka's first locally manufactured Single Super Phosphate fertiliser, produced at a state-of-the-art facility with 50,000 metric tons annual capacity. Designed for the Sri Lankan agricultural sector, covering paddy, tea, coconut, pulses, and oil crops, and intended to meet up to 80% of domestic SSP fertiliser demand.
- Industrial Liquid Coatings High-performance industrial liquid coating solutions distributed in Sri Lanka via the Axalta Coating Systems partnership. Targeted at infrastructure, energy, agriculture (heavy equipment), rail, and steel structure sectors, with a focus on corrosion management under Sri Lanka's demanding climate conditions.
- Marine Coatings Advanced marine coating solutions distributed under the Axalta partnership, engineered for durability and corrosion resistance on marine assets operating in Sri Lanka's challenging climatic conditions.
- Powder Coatings Industrial powder coating solutions distributed via the Axalta partnership. The coatings can be applied directly onto rust, reducing surface preparation requirements and minimising operational downtime during maintenance activities.
Quantifiable outcome
- Meet up to 80% of Sri Lanka's SSP fertiliser requirement domestically
- +1 more outcomes
Companies that use Lankem
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Lankem technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Lankem partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Lanka Phosphate LtdcoreLanka Phosphate Ltd supplies over 30,000 metric tons of rock phosphate annually to Lankem Ceylon's SSP fertiliser manufacturing facility. This partnership is critical for domestic fertiliser production and reducing Sri Lanka's reliance on imported fertilisers.
- Axalta Coating SystemscoreLankem Ceylon PLC is the authorized partner of Axalta Coating Systems in Sri Lanka. The expanded partnership involves distribution of advanced industrial liquid, marine, and powder coating solutions targeting infrastructure, energy, agriculture, heavy equipment, rail, and steel structure sectors. The collaboration focuses on corrosion management solutions tailored for Sri Lanka's demanding climate conditions. Building on successful introduction of automotive coating products, the partnership now extends to high-performance industrial coating technologies.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Lankem competitors and assessment
Company assessmentRegional players
- Haycarb PLC: Haycarb is a Sri Lankan-listed company with agricultural and chemical inputs exposure and is comparable as a domestically rooted diversified industrial peer. It shares Sri Lanka's regulatory and macroeconomic dynamics with Lankem.
- Aitken Spence PLC: Aitken Spence is a Sri Lankan-listed conglomerate with diversified industrial and consumer operations. Comparable as a regionally rooted industrial peer with broad business portfolio.
- Hemas Holdings: Hemas Holdings is a Sri Lankan diversified conglomerate with FMCG, agriculture, and healthcare exposure. Comparable as a publicly listed Sri Lankan diversified peer with overlapping agricultural inputs and consumer goods segments.
- Sunshine Holdings: Sunshine Holdings is a Sri Lankan diversified conglomerate with agri-business and consumer goods segments listed on the CSE. It is comparable as a regional diversified peer with similar end-markets and conglomerate structure.
Direct peers
- Coromandel International: Coromandel International is one of India's largest phosphate fertilizer manufacturers, producing SSP, DAP, and other phosphatic fertilizers. Comparable as a direct peer in the phosphate/SSP fertilizer manufacturing space.
- CIC Holdings: CIC Holdings is a leading Sri Lankan agri-inputs and fertilizer company, making it the most direct peer to Lankem's SSP fertilizer business. Both target paddy, tea, and other crop farmers in Sri Lanka and compete in crop solutions and fertilizer distribution.
Emerging players
- Jotun Paints: Jotun is a global coatings manufacturer with a strong presence in marine and protective coatings. Comparable as a coatings peer, particularly through overlapping marine and industrial coating categories that Lankem distributes via Axalta.
Broad incumbents
- Akzo Nobel: Akzo Nobel is a global paints and coatings major with industrial and marine coatings portfolios. Comparable as a broad incumbent supplier of industrial coatings, alongside its partner Axalta's offerings distributed by Lankem.
- PhosAgro: PhosAgro is one of the world's largest phosphate-based fertilizer producers, supplying phosphate rock and downstream phosphate products. Comparable as a broad incumbent in the phosphate value chain that competes with regional SSP producers for supply and end markets.
- Yara International: Yara International is a global fertilizer manufacturer with a broad crop nutrition portfolio, including phosphate and NPK products. Comparable as a broad incumbent in the fertilizer manufacturing space that competes with regional SSP and phosphate producers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Lankem social profiles
Digital presenceLankem financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lankem leadership team
Management profileNumber of profiles
Lankem funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lankem M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lankem
What does Lankem do?
Lankem Ceylon PLC manufactures Single Super Phosphate (SSP) fertiliser under the 'Mada Raja' brand at a state-of-the-art domestic facility with 50,000 metric tons annual capacity, targeting up to 80% of Sri Lanka's SSP requirement. The company also distributes advanced industrial liquid, marine, and powder coating solutions in Sri Lanka as the authorized partner of Axalta Coating Systems.
Is Lankem a public or private company?
Lankem is a public company. It is classified as public and is currently operating.
When was Lankem founded?
Lankem was founded in 1964. It employs 101 to 250 people.
Where is Lankem based?
Lankem is headquartered in Colombo, Sri Lanka, in the Asia region.
How does Lankem make money?
Two revenue lines are on record. Fertiliser Sales are the primary driver. The others are industrial Coatings Distribution.
Who are Lankem's main competitors?
Regional players on record are Haycarb PLC, Aitken Spence PLC, Hemas Holdings and Sunshine Holdings. Direct peers are Coromandel International and CIC Holdings. Jotun Paints is listed as an emerging player. Broad incumbents are Akzo Nobel, PhosAgro and Yara International.
Does Lankem have an API?
No public API is recorded for Lankem.
What industry is Lankem in?
Lankem's product category is Specialty Chemicals. Its primary akta.pro industry code is AFABABAB, Phosphate Fertilizers (MAP, DAP, TSP, SSP), with a secondary code of IMAEAEAB, Phosphate Fertilizers (MAP/DAP/TSP). Its NAICS code is 325312 and its SIC code is 2810.