Eastern Lubricants Blenders PLC
DDSE:EASTRNLUB2,008.00
BDT
+2.30
(+0.11%)
ISIN
BD0303EASTL4
Return %
Stock
S&P 500
1Y
22.02
14.20
3Y
79.39
81.12
5Y
93.79
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Mohammad Shahidu Alam
- Full Time Employees
- 10
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Chittagong Bangladesh
- Website
- elbl.gov.bd
- Similar Companies
- Business
- Eastern Lubricants Blenders PLC is a Bangladesh-based downstream petroleum company primarily engaged in the blending, formulation, packaging, and distribution of lubricating oils, greases, and allied petroleum products. Founded in 1963 and headquartered in Chattogram, Bangladesh, the company operates as an enterprise under the state-owned Bangladesh Petroleum Corporation. The company provides contract toll blending, bulk storage, and technical packaging services primarily for major state-owned oil marketing entities, including Padma Oil Company Limited, Meghna Petroleum Limited, and Jamuna Oil Company Limited, as well as commercial, industrial, and retail consumers throughout Bangladesh. The company's core product and service offerings comprise automotive lubricants, including mineral, semi-synthetic, and synthetic gasoline engine oils, heavy-duty diesel engine oils, multi-grade motorcycle oils, automatic transmission fluids, automotive gear oils, and hydraulic brake fluids; industrial lubricants, including hydraulic oils, industrial gear oils, turbine oils, air compressor oils, refrigeration compressor oils, electrical transformer oils, textile spindle oils, and metalworking cutting fluids; marine lubricants, including marine cylinder lubricants, trunk piston engine oils, and auxiliary system lubricants; greases, including multipurpose lithium greases, high-temperature calcium-complex greases, chassis greases, and heavy-duty industrial extreme-pressure greases; asphalt and specialty petroleum derivatives, including asphalt/bitumen products and base oil distribution; and auxiliary technical services, including laboratory testing, fuel and lubricant quality assurance analysis, base oil storage handling, drum manufacturing and reconditioning, and custom formulation blending. In recent developments, the company adopted the public limited company suffix, officially transitioning its legal name to Eastern Lubricants Blenders PLC to comply with statutory corporate governance regulations in Bangladesh. Operationally, the company has implemented modernization programs across its Chattogram blending plant and automated bottling infrastructure, upgraded its laboratory testing apparatus to support advanced American Petroleum Institute performance standards, expanded its high-performance synthetic-blend product offerings, and renewed strategic long-term toll blending agreements with national oil marketing networks.