Advanced Chemical Industries, more commonly marketed and known as ACI ( CSE: ACI, DSE: ACI), is a

Bangladeshi Bangladeshis ( ) are the citizens and nationals of Bangladesh, a South Asian country centred on the transnational historical region of Bengal along the Bay of Bengal, eponymous bay. Bangladeshi nationality law, Bangladeshi citizenship was fo ...

conglomerate company, present in

pharmaceuticals Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...

and

chemical industry The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy, the chemical industry converts raw materials ( oil, natural gas, air, ...

. Founded in 1973, the firm is headquartered in the

thana Thana means " station" or "place" in South Asian countries. The word ''thana'' originates from the Sanskrit word ''sthana'' or "sthanak", meaning "place" or "stand", which was anglicized as ''thana'' by the British. * Thanas of Bangladesh, forme ...

of Tejgaon I/A in

Dhaka Dhaka ( or ; , ), List of renamed places in Bangladesh, formerly known as Dacca, is the capital city, capital and list of cities and towns in Bangladesh, largest city of Bangladesh. It is one of the list of largest cities, largest and list o ...

. Advanced Chemical Industries (ACI) Limited has four major business units. * ACI Pharmaceuticals: It makes pharmaceuticals products. * ACI Consumer Brands: It supplies consumers goods such as

toiletries Personal care products are consumer products which are applied on various external parts of the body such as skin, hair, nails, lips, external genital and anal areas, as well as teeth and mucous membrane of the oral cavity, in order to make th ...

, home care goods,

hygiene Hygiene is a set of practices performed to preserve health. According to the World Health Organization (WHO), "Hygiene refers to conditions and practices that help to maintain health and prevent the spread of diseases." Personal hygiene refer ...

, electricals and consumer electronics,

paints Paint is a material or mixture that, when applied to a solid material and allowed to dry, adds a film-like layer. As art, this is used to create an image or images known as a painting. Paint can be made in many colors and types. Most paints are ...

and cooking essentials such as

salt In common usage, salt is a mineral composed primarily of sodium chloride (NaCl). When used in food, especially in granulated form, it is more formally called table salt. In the form of a natural crystalline mineral, salt is also known as r ...

flour Flour is a powder made by Mill (grinding), grinding raw grains, List of root vegetables, roots, beans, Nut (fruit), nuts, or seeds. Flours are used to make many different foods. Cereal flour, particularly wheat flour, is the main ingredie ...

rice Rice is a cereal grain and in its Domestication, domesticated form is the staple food of over half of the world's population, particularly in Asia and Africa. Rice is the seed of the grass species ''Oryza sativa'' (Asian rice)—or, much l ...

tea Tea is an aromatic beverage prepared by pouring hot or boiling water over cured or fresh leaves of '' Camellia sinensis'', an evergreen shrub native to East Asia which probably originated in the borderlands of south-western China and nor ...

and

edible oil Cooking oil (also known as edible oil) is a plant or animal liquid fat used in frying, baking, and other types of cooking. Oil allows higher cooking temperatures than water, making cooking faster and more flavorful, while likewise distributing he ...

. * ACI Agribusinesses: It has business interests in

agriculture Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created ...

livestock Livestock are the Domestication, domesticated animals that are raised in an Agriculture, agricultural setting to provide labour and produce diversified products for consumption such as meat, Egg as food, eggs, milk, fur, leather, and wool. The t ...

fisheries Fishery can mean either the enterprise of raising or harvesting fish and other aquatic life or, more commonly, the site where such enterprise takes place ( a.k.a., fishing grounds). Commercial fisheries include wild fisheries and fish farm ...

, 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

In 1968,

Imperial Chemical Industries Imperial Chemical Industries (ICI) was a British Chemical industry, chemical company. It was, for much of its history, the largest manufacturer in Britain. Its headquarters were at Millbank in London. ICI was listed on the London Stock Exchange ...

, a British multinational company established a branch in then-

East Pakistan East Pakistan was the eastern province of Pakistan between 1955 and 1971, restructured and renamed from the province of East Bengal and covering the territory of the modern country of Bangladesh. Its land borders were with India and Burma, wit ...

. 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 A corporate tax, also called corporation tax or company tax or corporate income tax, is a type of direct tax levied on the income or capital of corporations and other similar legal entities. The tax is usually imposed at the national level, but ...

customs duty A tariff or import tax is a duty imposed by a national government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods or raw materials and i ...

and

value-added tax A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared wi ...

Sister concerns

* ACI Formulations Limited * ACI Salt Limited * ACI Pure Flour Limited * ACI Foods Limited * ACI Agrolink Limited * Creative Communication Limited * Premiaflex Plastics Limited * ACI Motors Limited ( Yamaha) * ACI Logistics Limited ( Shwapno) * ACI Edible Oils Limited * ACI HealthCare Limited * ACI Chemicals Limited * INFOLYTX Bangladesh Limited * ACI Biotech Limited * ACI Marine and Riverine Technologies Limited

List of joint venture companies

* Tetley ACI (Bangladesh) Limited * Asian Consumer Care (Pvt.) Limited * ACI Godrej Agrovet Private Limited * ACI CO-RO Bangladesh Ltd. * Stochastic Logic Limited.

References

{{reflist, 30em

External links

ACI Limited Official website

ACI Fertilzier Official website

ACI Pharma profile on Pharma Mirror Magazine
Conglomerate companies of Bangladesh 1992 establishments in Bangladesh Companies in the DSE 30 Index

History

Sister concerns

List of joint venture companies

See also

References

External links