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Olay originated in South Africa as Oil of Olay. Graham Wulff (1916–2008), a former Unilever chemist from Durban, [2] started it in 1952. He chose the name "Oil of Olay" as a spin on the word "lanolin", a key ingredient. It was unique in the early days because it was a pink fluid rather than a cream, packaged in a heavy glass bottle.
Unilever Sri Lanka is a Sri Lankan consumer goods company located in Colombo. [4] It is wholly owned by Unilever, a British multinational consumer goods company. Its products include food, beauty products, personal care, pharmaceuticals, and baby products. Unilever Sri Lanka was established in 1938 as Lever Brother Ceylon Limited.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
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Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]
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