ACI Limited

Advanced Chemical Industries (ACI)
Company typePublic Limited
DSE: ACI
CSE: ACI
IndustryChemical substance
Pharmaceutical industry
Logistics
automobile
Food
Communication
Consumer goods
Consumer electronics
Founded24 January 1973; 51 years ago (1973-01-24)
HeadquartersACI Centre 245, Tejgaon Industrial Area, Dhaka-1208, Bangladesh.
Dhaka, Bangladesh
Key people
RevenueIncrease ৳69.475 billion (US$580 million) (2020)
Decrease ৳(98.626) million (US$820,000) (2020)
Decrease ৳(1.444) billion (US$12 million) (2020)
Total assetsIncrease ৳61.563 billion (US$510 million) (2020)
Number of employees
10,233 (2023)
Websitewww.aci-bd.com
Footnotes / references
[1]

Advanced Chemical Industries, more commonly marketed and known as ACI (CSE: ACI, DSE: ACI), is a Bangladeshi conglomerate company, present in pharmaceuticals and chemical industry. Founded in 1973, the firm is headquartered in the thana of Tejgaon I/A in Dhaka.

Advanced Chemical Industries (ACI) Limited[2] has four major business units.

History

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 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. 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.

Sister concerns

  • ACI Formulations Limited[3]
  • ACI Salt Limited[4]
  • ACI Pure Flour Limited[5]
  • ACI Foods Limited[6]
  • ACI Agrolink Limited
  • Creative Communication Limited[7]
  • Premiaflex Plastics Limited
  • ACI Motors Limited (Yamaha)[8]
  • ACI Logistics Limited (Shwapno)[9]
  • ACI Edible Oils Limited
  • ACI HealthCare Limited[10]
  • ACI Chemicals Limited
  • INFOLYTX Bangladesh Limited
  • ACI Biotech Limited
  • ACI Marine and Riverine Technologies Limited

List of joint venture companies

  • Tetley ACI (Bangladesh) Limited[11]
  • Asian Consumer Care (Pvt.) Limited
  • ACI Godrej Agrovet Private Limited[12]
  • ACI CO-RO Bangladesh Ltd.
  • Stochastic Logic Limited.

See also

References

  1. ^ "Annual Report 20192020" (PDF). Retrieved 25 September 2021.
  2. ^ "Commercial papers set to become hot cakes: ACI". The Daily Star. 27 March 2015. Retrieved 29 October 2016.
  3. ^ "AkzoNobel India keen to start Bangladesh venture – The Economic Times". The Economic Times. Archived from the original on 14 August 2014. Retrieved 29 October 2016.
  4. ^ "ACI Salt Ltd: Private Company Information – Businessweek". www.bloomberg.com. Retrieved 29 October 2016.
  5. ^ "Big firms to go for rice milling". The Daily Star. 22 January 2015. Retrieved 29 October 2016.
  6. ^ "Bangladeshi firms bag $3m in export orders from Paris fair". The Daily Star. 21 October 2016. Retrieved 29 October 2016.
  7. ^ "Big firms to go for rice milling". The Daily Star. 22 January 2015. Retrieved 29 October 2016.
  8. ^ "Tractor sales rise for haulage purposes". The Daily Star. 17 March 2016. Retrieved 29 October 2016.
  9. ^ "Aci Logistics Limited: Private Company Information – Businessweek". www.bloomberg.com. Retrieved 29 October 2016.
  10. ^ "Local firms still can't invest abroad". The Daily Star. 12 June 2016. Retrieved 29 October 2016.
  11. ^ "Are we foolishly lapping up lies and misinformation on social media?". www.dailyo.in. Retrieved 29 October 2016.
  12. ^ "Oxfam: Maze is a nutritious staple for the poor | Dhaka Tribune". Dhaka Tribune. 25 September 2016. Archived from the original on 28 June 2017. Retrieved 29 October 2016.