About CIC

Chemical Industries (Colombo) Limited (initially a part of Imperial Chemical Industries-UK), was incorporated in 1964 as a supplier of high-quality chemical products for the local market. We are now known as CIC Holdings PLC, one of Sri Lanka’s leading conglomerates, and over the years have become a household name through our many ventures.

 

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We were at the beginning a company that manufactured locally produced paints and pipes used for agriculture. Our business expansions have taken us into several key industries in the country. While a large part of these are in the Agri Produce and Crop Solutions sectors, we also have a presence in the Health & Personal Care, Livestock Solutions and Industrial Solution sectors.

 

Our success owes itself to our drive to innovate and this has enabled us to re-align and re-position ourselves in sectors that show high growth. This has led us to venture into export markets, being a supplier of Agri Produce such as rice, bananas, and fresh vegetables and some Industrial and Crop solution products.

What makes us Special

We combine science and modern technology with care and responsibility, to provide products and services our nation needs on its journey to prosperity.

 

As we have done for decades, we will continue to conduct our business in a structured, pragmatic and empathetic manner. We will continue to build mutually rewarding and lasting relationships with our principals and our customers by being attuned to their needs. This is underpinned by excelling in all that we do.

Chairman

Mr. S. H. Amarasekera, Chairman

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CEO

Mr. S.P.S. Ranatunga, Managing Director/CEO

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OUR VISION

To be the most respected and admired corporate for the positive impact we make on society by nurturing the lives of those we touch.

OUR MISSION

Harnessing science and modern technology, we will provide solutions of superior quality which are efficient and safe. We will build rewarding and lasting relationships with our stakeholders and be a significant entity in every sector we operate

OUR VALUES

Ownership & Accountability

This is my business and I take responsibility for my promises and actions

Integrity & Respect

Honesty and truth are paramount; we respect the law and each other

Customer Focus & Quality

The customer comes first; we will not compromise on the standards of our products and services

Teamwork & Trust

We rely on each other to unleash the power of working together

Entrepreneurial & Innovative

We will constantly challenge boundaries seeking new horizons.

Bias for Action & Winning Spirit

No stone will be left unturned in the pursuit of our goals

CIC History

1964

  • Our story begins in 1964, with Chemical Industries (Colombo) Limited, now known as CIC Holdings being incorporated, and listed in the Colombo Brokers Association.

1968 – 1974

  • The year 1968 saw CIC commence Operations of the Ratmalana Factory with the Agrochemicals Plant, and the formation of Chemanex PLC in 1974.

1990s

  • In the 1990s CIC expanded its operations by incorporating CISCO Speciality Packaging (Pvt.) Ltd. our PET Bottles manufacturing business in 1991 and also incorporating CIC Fertilizers (Pvt.) Ltd (now CIC Agri Businesses (Pvt.) Ltd) upon purchasing the Fertiliser Business from British American Tobacco in 1992.
  • In 1993, CIC invested in CIAL- our gateway to produce writing instruments, and also proudly shifted the Company’s Head Office to our own premises at 199, Kew Road, Colombo 2.
  • 1995 saw the incorporation of CIC Paints (Pvt) Ltd, now known as Akzo Nobel Paints Lanka (Pvt.) Ltd.

2000s

    • The decade commencing 2000 witnessed many more expansions for the Company, with CIC investing further in Chemanex PLC in 2001, the purchase of Nutrina (Pvt.) Ltd. from Cargills Inc. (USA) and the incorporation of CIC Feeds (Pvt.) Ltd. in 2002 and investment in Link Natural Products (Pvt.) Ltd in 2003.

2010

      • In 2010, CIC invested in Chemcel (Pvt.) Ltd and shifted the Writing Instruments factory to our own premises in Piliyandala.

2011

        • The year 2011 witnessed a very significant change with the change of the Company name from Chemical Industries (Colombo) PLC to CIC Holdings PLC.

2012

        • Expanding the Company’s presence in the healthcare sector, CIC Invested in Ceylinco Pharmaceuticals Limited (now known as CIC Lifesciences Limited) in 2012.

2014

        • The year 2014 saw the Company go through a complete organisational restructure and the shifting of the Crop Protection Manufacturing Facility from Ratmalana to Godagama.

2016

          • In 2016 the Company incorporated CIC Grains (Private) Ltd. to process inputs for the feed industry and expand its presence in that sector. The PVA factory was shifted from Ratmalana to Godagama during the same year.

The Future

          • As a conglomerate with over 50 years of experience in the domestic market, CIC strives to become a major player in its diverse markets on a regional and global scale.

Corporate Brand Story

BRAND PURPOSE

We nurture life by seeking to have a positive impact on our society, our people and our businesses. We embrace science and modern technology to provide products and services of superior quality and value that nurture life in an inclusive, caring and sustainable manner.

 

OUR BRAND IDENTITY

The new ‘Starburst’ symbol depicts both the convergence of CIC’s various business entities towards one common purpose, which is ‘Nurturing Life’, and the divergent positive impact of these businesses in their respective sectors.

The new corporate logo will embrace and unify the wide and varied businesses of the group into one powerful entity.

Board of Directors

S.H. Amarasekera
Independent Non-Executive Director/Chairman

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S.P.S. Ranatunga
Managing Director/CEO

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R.N. Asirwatham
Independent Non-Executive Director

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R.S. Captain
Non Independent Non-Executive Director

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S.M. Enderby
Independent Non-Executive Director

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M.P. Jayawardena
Non Independent Non-Executive Director

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K.B. Kotagama
Non Independent Non-Executive Director

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Prof. P.W.M.B.B. Marambe
Independent Non-Executive Director

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Dr. R.C.W.M.R.D Nugawela
Non Independent Non-Executive Director

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A.V.P. Silva
Non Independent Non-Executive Director

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D.S. Weerakkody
Independent Non-Executive Director

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P.R. Saldin
Non-Independent Non-Executive Director

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P.D.S. Ruwanpura
Company Secretary

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