ACI Limited

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Advanced Chemical Industries (ACI)
TypePublic Limited
DSEACI
CSEACI
IndustryChemical substance
Pharmaceutical industry
Logistics
automobile
Food
Communication
Consumer goods
Consumer electronics
Founded24 January 1973; 48 years ago (1973-01-24)
HeadquartersACI Centre 245, Tejgaon Industrial Area, Dhaka-1208, Bangladesh.
Dhaka, Bangladesh
Key people
Mr. M. Anis Ud Dowla, Chairman
Dr. Arif Dowla, Managing Director
RevenueIncrease 69.475 billion (US$820 million) (2020)
Decrease (98.626) million (US$1.2 million) (2020)
Decrease (1.444) billion (US$17 million) (2020)
Total assetsIncrease 61.563 billion (US$730 million) (2020)
Number of employees
8364 (2020)
Websitewww.aci-bd.com
Footnotes / references
[1]

In 1968, Imperial Chemical Industries, a British multinational company established a branch in then-East Pakistan. After Bangladesh gained independence in 1971, the company was incorporated on 24 January 1973[2] as ICI Bangladesh Manufacturers Limited and also as Public Limited Company. On 5 May 1992, ICI divested its investment in Bangladesh to the management when its name was changed to Advanced Chemical Industries (ACI) Limited. The company sold its insect control, air care, and toilet care brands to SC Johnson & Son in 2015.[3] The company contributed taka 4,318 million to the national exchequer during FY 2019–2020 in the form of corporate tax, customs duty and value-added tax.

Advanced Chemical Industries (ACI) Limited, being one of the largest conglomerates[4] in Bangladesh with a multinational heritage operates across the country through its four diversified strategic business units.

  • ‘ACI Pharmaceuticals’ is dedicated to improving the health of the people of Bangladesh through the introduction of innovative and reliable Pharmaceuticals products.
  • ‘ACI Consumer Brands’ is adding value to the daily life of consumers through its Toiletries, Home Care, Hygiene, Electrical, Electronics, Mobile, Salt, Flour, Foods, Rice, Tea, Edible Oil, Paints, and International Businesses.
  • ‘ACI Agribusinesses’ is the largest integrator in Bangladesh in Agriculture, Livestock, Fisheries, Farm Mechanization, Infrastructure Development Services, and Motorcycle.
  • ‘ACI Retail Chain’ is the largest retail chain in Bangladesh operating through its 144 SHWAPNO outlets including 34 newly opened express outlets across the country by touching the lives of over 45,000 plus households each day.

Sister concerns[edit]

  • ACI Formulations Limited[5]
  • ACI Salt Limited[6]
  • ACI Pure Flour Limited[7]
  • ACI Foods Limited[8]
  • ACI Agrolink Limited
  • Creative Communication Limited[9]
  • Premiaflex Plastics Limited
  • ACI Motors Limited (Yamaha)[10]
  • ACI Logistics Limited (Shwapno)[11]
  • ACI Edible Oils Limited
  • ACI HealthCare Limited[12]
  • ACI Chemicals Limited
  • INFOLYTX Bangladesh Limited
  • ACI Biotech Limited
  • ACI Marine and Riverine Technologies Limited

List of joint venture companies[edit]

  • Tetley ACI (Bangladesh) Limited[13]
  • Asian Consumer Care (Pvt.) Limited
  • ACI Godrej Agrovet Private Limited[14]
  • ACI CO-RO Bangladesh Ltd.
  • Stochastic Logic Limited.

See also[edit]

References[edit]

  1. ^ "Annual Report 20192020" (PDF). Retrieved 25 September 2021.
  2. ^ "Archived copy". Archived from the original on 1 January 2015. Retrieved 1 January 2015.CS1 maint: archived copy as title (link)
  3. ^ "ACI sells household brands to US firm for Tk 250.54cr". The Daily Star. 26 April 2015. Retrieved 29 October 2016.
  4. ^ "Commercial papers set to become hot cakes: ACI". The Daily Star. 27 March 2015. Retrieved 29 October 2016.
  5. ^ "AkzoNobel India keen to start Bangladesh venture – The Economic Times". The Economic Times. Retrieved 29 October 2016.
  6. ^ "ACI Salt Ltd: Private Company Information – Businessweek". www.bloomberg.com. Retrieved 29 October 2016.
  7. ^ "Big firms to go for rice milling". The Daily Star. 22 January 2015. Retrieved 29 October 2016.
  8. ^ "Bangladeshi firms bag $3m in export orders from Paris fair". The Daily Star. 21 October 2016. Retrieved 29 October 2016.
  9. ^ "Big firms to go for rice milling". The Daily Star. 22 January 2015. Retrieved 29 October 2016.
  10. ^ "Tractor sales rise for haulage purposes". The Daily Star. 17 March 2016. Retrieved 29 October 2016.
  11. ^ "Aci Logistics Limited: Private Company Information – Businessweek". www.bloomberg.com. Retrieved 29 October 2016.
  12. ^ "Local firms still can't invest abroad". The Daily Star. 12 June 2016. Retrieved 29 October 2016.
  13. ^ "Are we foolishly lapping up lies and misinformation on social media?". www.dailyo.in. Retrieved 29 October 2016.
  14. ^ "Oxfam: Maze is a nutritious staple for the poor | Dhaka Tribune". Dhaka Tribune. 25 September 2016. Retrieved 29 October 2016.

External links[edit]