Diversified conglomerate Lankem Ceylon PLC recently announced that its corporate brand ‘Lankem’ was amongst the ‘best of best’ – most valuable consumer brands in Sri Lanka for the year 2022 within the Chemicals industry/sector.
The ‘Best of the Best’/Leading brands in Sri Lanka is regular research conducted and compiled on an annual basis by Brand Finance and published by LMD.
Lankem Ceylon PLC as a Company and brand has been in existence for over half a century, weathering changes in volatile business environments and staying relevant to consumer needs of the respective period. In addition, the organisation has been regularly affected by government and monitory policies. However, it has been resilient, overcoming these hurdles and continues to transform itself to be amongst the most valuable brands in Sri Lanka.
Incorporated in 1964 as a crop protection and agro chemical company, Lankem Ceylon PLC a 100% Sri Lankan entity, has grown its core operations over the years to include Coatings and Industrial Chemicals. The Company further invested in the packaging industry through J.F Packaging Ltd. and Acme Printing and Packaging, in the FMCG space through its investment in C.W. Mackie PLC and in leisure through its investments in Colombo Fort Hotels.
Source: Daily FT