CIC Holdings PLC is a Sri Lankan conglomerate holding company engaged in merchandising and manufacturing chemical products. The company was incorporated in 1964 and listed on the Colombo Stock Exchange in the same year. Initially, the company was a part of Imperial Chemical Industries and prior to 2011, was known as Chemical Industries (Colombo) PLC. The company ranked 41st in LMD 100, an annual list of leading listed companies in Sri Lanka.[2] The company also ranked 31st in Business Today's Top 40 for 2020–21 financial year.[3]
History
Chemical Industries (Colombo) was founded in 1964 as a part of Imperial Chemical Industries, a former UK-based chemical company. The company shifted its business model by moving into agribusiness away from Dulux paints and fertilizer. To reflect the change the company was planning to change the name of the company.