CPC to export lubricants to Bangladesh within two months
- CNL Reporter
- March 26, 2025
- Business News
- CPC to export lubricants to Bangladesh within two months
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Ceylon Petroleum Corporation (CPC) plans to begin exporting lubricating oil within the next two months. He mentioned that Bangladesh has already placed orders for this purpose, CPC Chairman D.J. Rajakaruna stated..
The CPC Chairman, while addressing a function of the Ceylon Petroleum Corporation Employees’ Union, further added, “Until now, our lubricant oil industry had completely collapsed. I am happy to say that we have been able to double our production during this period.
The production will reach its maximum in two months. During that time, CPC will begin exporting CEYPETCO lubricants abroad. We have already received an order from Bangladesh.”
Rajakaruna further noted that the CPC has now collaborated with airlines on the supply of aviation fuel and reduced the cost to below that of the region. He added that as a result, the aviation fuel trade is now increasing at a faster rate than last year.
