ACI Limited
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| Error creating thumbnail: File missing | |
| Company type | Public Limited |
|---|---|
| DSE: ACI CSE: ACI | |
| Industry | Chemical substance Pharmaceutical industry Logistics automobile Food Communication Consumer goods Consumer electronics |
| Founded | 24 January 1973 |
| Headquarters | ACI Centre 245, Tejgaon Industrial Area, Dhaka-1208, Bangladesh. Dhaka, Bangladesh |
Key people |
|
| Revenue | Increase ৳69.475 billion (US$570 million) (2020) |
| Decrease ৳(98.626) million (US$810,000) (2020) | |
| Decrease ৳(1.444) billion (US$12 million) (2020) | |
| Total assets | Increase ৳61.563 billion (US$510 million) (2020) |
Number of employees | 10,233 (2023) |
| Website | www.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.
- ACI Pharmaceuticals: It makes pharmaceuticals products.
- ACI Consumer Brands: It supplies consumers goods such as toiletries, home care goods, hygiene, electricals and consumer electronics, paints and cooking essentials such as salt, flour, rice, tea and edible oil.
- ACI Agribusinesses: It has business interests in agriculture, livestock, fisheries, farm mechanization, infrastructure development services and motorcycle.
- ACI Logistics Limited: is a retail chain operating through its 144 Shwapno outlets including 34 express outlets in Bangladesh.
History
[edit | edit source]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
[edit | edit source]- 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
- ACI Renewable Energy[11]
List of joint venture companies
[edit | edit source]- Tetley ACI Bangladesh Limited (divested)[12]
- Asian Consumer Care Private Limited (divested)[13]
- ACI Godrej Agrovet Private Limited[14][15]
- ACI CO-RO Bangladesh Ltd.[16]
- Colgate-Palmolive ACI Bangladesh Pvt. Limited[17]
- pladis ACI Bangladesh [18]
Associate company
[edit | edit source]- Stochastic Logic Limited[19]
See also
[edit | edit source]References
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