ACI Group || History, Products & Financials stats

About ACI Group:

Advanced Chemical Industries or ACI Group is one leading business entity in Bangladesh. It has a heritage of the multinational organization.  Furthermore, it is one of the leading conglomerate in Bangladesh.  ACI operates from four different segments. These are Agribusiness, Consumer brands, Retail Chain and Pharmaceuticals. It has both subsidiary and joint venture business. From a very strategic point of view, they sold their most popular air and toilet care & insect control business to SC Johnson & Son in 2015.

ACI Group
ACI Logo
Source: Online

Establishment of ACI:

During 1968, Imperial Chemical Industries or ICI established a branch in East Pakistan. It was a British multinational organization.  After the liberation war, it renamed into Bangladesh Manufactures Limited in 1973. Next, in 1992, ICI decided to separate its relation to Bangladesh. As a result, it divested their investment in Bangladesh. Later, under new management, it renamed as Advanced Chemical Industries (ACI) Limited. Due to its connection with a multination firm, it adopted the organizational policy from their previously connected association.

Basic Information on ACI

  • Full Name: Advance Chemical Industries Limited
  • Incorporation Date: 01.1973
  • Type of company: Public Limited
  • Authorized Capital: 500,000,000
  • No of shares: 48202441
  • Face Value: 10
  • Year-End: June 30
  • Registration No: C-3885
  • No of employees: Around 10,000

Board of Directors

  • Mr. M. Anis Ud Dowla, Chairman
  • Mr. Golam Mainuddin, Director
  • Mrs. Najma Dowla, Director
  • Mr. Waliur Rahman Bhuiyan OBE, Director
  • Mr. Kamran Tanvirur Rahman, Independent Director
  • Mr. Kazi Sanaul Hoq, Director
  • Mr. Adil Husain, Independent Director
  • Ms. Sheema Abed Rahman, Director
  • Dr. Arif Dowla, Managing Director

Company Mission

To enrich the quality of life of the people through responsible application of knowledge, technology and skills. ACI is committed to the pursuit of excellence through world-class products, innovative processes and empowered employees, to provide the highest level of satisfaction to our customers. (Source: ACI Limited, 2017-2018 Annual Report)

Company vision

  • Provide products and services of high and consistent quality, ensuring value for money to our customers.
  • Endeavor to attain a position of leadership in each category of our businesses.
  • Develop our employees by encouraging empowerment and rewarding innovation.
  • Promote an environment for learning and personal growth.
  • Attain a high level of productivity in all our operations through effective utilization of resources and adoption of appropriate technology.
  • Promote inclusive growth by encouraging and assisting our distributors and suppliers in improving efficiency.
  • Ensure a superior return on investment through judicious use of resources and efficient operations, utilizing our core competencies.

(Source: ACI Limited, 2017-2018 Annual Report)

Values of ACI:

  • Quality
  • Customer Focus
  • Innovation
  • Fairness
  • Transparency
  • Continuous Improvement

(Source: ACI Limited, 2017-2018 Annual Report)

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Division wise product category

Pharmaceutical Division:

  • Health Care Related Products

Consumer Brand Division:

  • Toiletries, Home Care & Hygiene
  • Electrical and Electronics
  • Paints
  • Salt
  • Flour
  • Foods
  • Edible Oils

Agribusinesses Division

  • Crop Care and Public Health
  • Fertilizer
  • Seed
  • Motors
  • Animal Health
  • Agrolink
  • Premiaflex Plastics

Retail Chain Division:

  • Swapno

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Subsidiary Companies

  • ACI Formulations Ltd.

ACI Formulation Limited or ACI FL is a Gazipur based subsidiary of ACI. It produces all crop protection related products. For example herbicides and fungicides in granular, powder and liquid. However, it also works to develop chemical items like hand wash toilet cleaner, mosquito pesticides.

  • ACI Logistics Limited

Swapno, a retail shop is the product of ACI logistics limited. It is the leading chain shop in Bangladesh. Soon it would be the largest business in the country. It has expanded its territory within Dhaka, Chattagram, Shyllet, and Cummilla.

  • ACI Pure Flour Limited

ACI pure flour works on the production of Different types of Atta, Maida and Shuji related products.

ACI Atta
Source: www.aci-bd.com
  • ACI Foods Ltd.

Under two brand names “Pure” and “Fun”, ACI Foods Limited is producing spices, rice, coffee and snacks related confectionary items. These products are popular in Bangladesh. Meanwhile, they are exporting these products to outside countries as well.

ACI Foods
Source: www.aci-bd.com
  • ACI Salt Ltd.

To respond to the market demand, ACI Salt Limited brought Salt product under the brand name of ACI Pure Salt. It is one of the most popular products of ACI. It helped to increase the brand value of the organization. Furthermore, it received numerous recognition from around the world as well.

  • ACI Motors Ltd.

Under the Agribusiness business division, initially, ACI Motors focused on agribusiness supportive machinery. Such as Reaper, Tractor, Water Pump, etc. It covers all the machineries to completely cultivate a land. However, ACI Motors has inked with global brand YAMAHA Motorcycle during 2016. As per the agreement, ACI Motors will sell YAMAHA Motorcycles in Bangladeshi market.

  • Creative Communication Ltd.

Founded in 2000, Creative Communication Ltd. Provides 360 marketing and communication support. It provides corporate communication support, PR supports, and result-focused advertisement.

  • ACI Agrolinks Ltd.

ACI Agrolinks are working as a linkage between farmers and essential parties. The objective of this business is to ensure a sustainable and proficient agribusiness model where farmers would have the necessary connection to run their business smoothly.

  • ACI Edible Oils Ltd.

Under two brand name “ACI Pure” and “ACI Nutrilife”, ACI Edible Oils is running a business in Bangladesh. Here ACI Nutrilife is a Rice Barn Oil and ACI Pure is a Soyabean Oil. ACI Nutrilife has started operation from 2012 and ACI Pure hit the market in 2016.

  • ACI HealthCare Ltd.

It started its operation from 2013. Mostly this business unit is focusing to work on Pharmaceutical products for the outside country. However, to acknowledge the local demand, it supplies pharmaceutical products for the domestic market as well.

  • ACI Chemicals Ltd.

To support different raw ingredients to a different category of business entity. This is generally a B2B business support wing of ACI. It provides raw materials to food, textile, leather, power & energy, water treatment, and multiple other industries.

  • Infolytx Bangladesh Limited

Infolytx Bangladesh Limited is working to respond to the IT support requirement from the international client. It is mostly working on health care and High-tech related technical specs.

  • ACI Biotech Limited

This is a newly formed subsidiary business of ACI. The objective of this entity is to manufacture and marketing biotech products from local and foreign markets.

Joint Ventures

  • Tetley ACI (BD) Ltd

Tetley ACI (BD) Ltd. is a joint venture service between Tata Global Beverages and ACI Limited. It started operation in 2003. It markets two leading tea brand in Bangladesh Tata Tea and Tetley Tea.

  • ACI Godrej Agrovet Pvt. Ltd.

Godrej Group and ACI Limited joined hands to develop ACI Godrej Arovet Pvt. Ltd. The objective of this joint venture is to provide quality feeds to farmers. Currently, this subsidiary business of ACI is producing around 200 thousand feeds for various farming subjects.

  • Asian Consumer Care Pvt. Ltd.

ACI and Dabur India came to an agreement to develop Asian Consumer Care Pvt. Ltd. This business unit is working to markets food and personal care products in Bangladesh.

Financial Situation

To find ACI Group Business Report click here

To find ACI Group Annual report analysis click here

ACI Quality management and Environment policy

ACI Environmental Policy
Source: ACI 2017-18 Annual Report

ACI is the first company in Bangladesh to have obtained ISO 14001 Certification for Environmental Management System. Here is below the environmental policy of ACI.

Click Here to find the contact point of ACI 

Source:

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