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LLUB-N0000 on Colombo Stock Exchange

Chevron Lubricants Lanka

Logo: Chevron Corporation, Public domain, via Wikimedia Commons3

Sri Lanka-based subsidiary of Chevron

Chevron Lubricants Lanka PLC is a manufacturer, distributor, and marketer of Petroleum-based lubricants in Sri Lanka. The company is one of the constituents of the S&P Sri Lanka 20 Index and the Chevron Corporation holds a controlling stake (51.00%) of the company's stocks. The company offers engine oils, gear oils, transmission oils under the brand name Havoline while offering diesel vehicle engine oils, industrial lubricants, coolants, brake fluids under the brand name Delo.2 It is headquartered in Colombo.1 Its shares trade on Colombo Stock Exchange under the symbol LLUB-N0000.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1992Founded1
  • TickerLLUB-N0000 on Colombo Stock Exchange1
  • HeadquartersColombo1
  • Websitechevron.lk

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Chevron Lubricants Lanka PLC is a manufacturer, distributor, and marketer of Petroleum-based lubricants in Sri Lanka. The company is one of the constituents of the S&P Sri Lanka 20 Index and the Chevron Corporation holds a controlling stake (51.00%) of the company's stocks. The company offers engine oils, gear oils, transmission oils under the brand name Havoline while offering diesel vehicle engine oils, industrial lubricants, coolants, brake fluids under the brand name Delo. For the financial year 2019/20, Chevron Lubricants Lanka was ranked 67th in LMD 100, a list of listed companies by revenue in Sri Lanka.2

Corporate structure

Chevron Lubricants Lanka is part of a group headed by Chevron Corporation. 40 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Chevron Corporation San Ramon
    • Chevron Lubricants Lanka Colombo
    • Chevron Phillips Chemical Subsidiary · The Woodlands
    • Caspian Pipeline Consortium Stake · 15% · Moscow
    • Cabinda Gulf Oil Company Limited Subsidiary · Bermuda
    • Chevron (Netherlands) Subsidiary
    • Chevron (Overseas) Holdings Limited Subsidiary · Delaware, United States
    • Chevron (Thailand) Limited Subsidiary · Bahamas
    • Chevron Argentina S.R.L. Subsidiary · Argentina
    • Chevron Australia Holdings Pty Ltd Subsidiary · Australia
    • Chevron Australia Pty Ltd Subsidiary · Australia
    • Chevron Canada Limited Subsidiary · Canada
    • Chevron Global Energy Inc. Subsidiary · Delaware, United States
    • Chevron Global Technology Services Company Subsidiary · Delaware, United States
    • Chevron Investments Inc. Subsidiary · Delaware, United States
    • Chevron LNG Shipping Company Limited Subsidiary · Bermuda
    • Chevron Nigeria Limited Subsidiary · Nigeria
    • Chevron Overseas Company Subsidiary · Delaware, United States
    • Chevron Overseas Petroleum Limited Subsidiary · Bahamas
    • Chevron Petroleum Company Subsidiary · New Jersey, United States
    • Chevron Petroleum Nigeria Limited Subsidiary · Nigeria
    • Chevron Thailand Exploration and Production, Ltd. Subsidiary · Bermuda
    • Chevron U.S.A. Holdings Inc. Subsidiary · Delaware, United States
    • Chevron U.S.A. Inc. Subsidiary · Pennsylvania, United States
    • Chevron Venezuela Holdings LLC Subsidiary · Delaware, United States
    • ExtraMile Subsidiary · United States
    • and 16 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

The company was incorporated as Lanka Lubricants on 1 December 1992 as a subsidiary of Ceylon Petroleum Corporation. In July 1994, Ceylon Petroleum Corporation, the Government of Sri Lanka and Caltex Petroleum Corporation signed a memorandum of understanding to transfer a controlling stake to Caltex. In 1996, the company was listed on the Colombo Stock Exchange. In 2007, the company was renamed Chevron Lubricants Lanka Ltd from Caltex Lubricants Lanka. The renaming was done in connection with the global branding and to clarify the organisation's identity.

From Wikipedia’s article on Chevron Lubricants Lanka, shared under CC BY-SA 4.0.4

Products and brands

  • lubricant

Listed on Wikidata.1

Muhammad Najam Shamsuddin was appointed as the new managing director/CEO of the company in September 2020 after Patrick McCloud resigned from the position. Kishu Gomes is the former managing director/CEO of the company and after 22 years of service quit the post in 2018. In the third quarter of 2020, despite the effects of the COVID-19 pandemic sales of the company rose compared to the second of the year and the third quarter of 2019. Chevron Lubricants Lanka operates a blending plant in Sapugaskanda. Brand Finance ranked Caltex 72nd in the 100 most valuable brands in Sri Lanka. During the prevalent economic crisis, Sri Lanka's lubricant market shrunk by 47% year-on-year basis in 2023. However, Chevron Lubricants retained the market leader position.

From Wikipedia’s article on Chevron Lubricants Lanka, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 1992Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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