A leading veterinary pharmaceutical and feed additives company signed an agreement with the Board of Investment (BOI), to invest over USD 5 million for export oriented project under the name of Farmchemie Manufacturers (Private) Limited.
The reputation that Farmchemie carries in Sri Lanka has spread to the international market and Farmchemiehas received several inquiries on the locally formulated products mainly from India. Farmchemie was formed mainly for catering to the export market based on the said confirmed orders from the reputed buyers in India.
Farmchemie has determined to cater the potential market in Indian subcontinent and African countries and the company is expected to grow by US $ 2.5 million globally by 2020. Farmchemie is expected to utilize local workforce to employ at their export project generating new job opportunities.
Optimistic about Sri Lanka’s increasing popularity of being an excellent knowledge hub in the region, Farmchemieaspires to become the largest premix manufacturer and the first veterinary pharmaceutical exporter in Sri Lanka.
Farmchemie (Pvt) Limited has been registered as a limited liability company to carry on the business in July 2002 and got the registration at the Department of Animal Production and Health as an Importer, Distributor and Manufacturer of veterinary pharmaceuticals, biologicals, feed supplements, feed Additives, sanitizing agents and livestock equipment.
In 2012Farmchemie invested to build their own factory complex in Homagama industrial hub to start own repacking and production process to cater the local farmer community. Farmchemie also received ISO 9001:2008 quality management system certification and WHO guided Good Manufacturing Practices for pharmaceutical certification, becoming the first and only veterinary health input supplier with such recognition.
While penetrating the industry of animal health, Farmchemie expanded its operations into Agricultural industry during the years 2003 -2004. Animal Feed Industry was another area which Farmchemie was interested and operated during the years 2008-2010 as an extension to animal health products. The BOI project will expose Farmchemie to the global market and this will be the fresh beginning of new chapter of Farmchemie history.