The company shifted its business model by moving into agribusiness away from Dulux paints and fertilizer.

The company signed an agreement with the Sri Lanka Institute of Nanotechnology to develop a new herbicide formulation.

The initiative is one of the first attempts to synthesize and formulate a herbicide locally in Sri Lanka.

[6] In November 2015, the company sold its subsidiary, Chemifix, a PVAc adhesive business to Pidilite Industries.

[9] The company recorded strong revenue growth for the quarter ended in September 2021.