Advanced Chemical Industries Stock

Advanced Chemical Industries Limited (ACI) engages in manufacturing pharmaceuticals, consumer brands, and animal health care products; and marketing them along with fertilizer, seeds and other agricultural items.

Subsidiaries

ACI Formulations Limited

The principal activities of ACI Formulations Limited are manufacturing and marketing of various agrochemical and consumer products.

ACI Salt Limited

The principal activity of ACI Salt Limited is manufacturing and marketing edible branded salt.

ACI Foods Limited

The main objectives of ACI Foods Limited are manufacturing, processing and marketing of different food items, including spices and different snack items.

ACI Pure Flour Limited

The main objectives of ACI Pure Flour Limited are to carry on the business of milling, processing, packaging and marketing of wheat flour products.

ACI Agrolink Limited

The main objectives of ACI Agrolink Limited are to carry on the business of manufacturing, formulating and packaging of pesticide, fertilizer, plant nutrient, animal food and other nutrient products.

ACI Motors Limited

The main objectives of ACI Motors Limited are to carry on the business of buying, selling, importing and assembling of vehicles for both agricultural and non-agricultural use, including other agricultural equipment; and supplying of spare parts and providing service facilities for these vehicles and equipment.

ACI Motors Limited has also a distribution agreement with India Yamaha Motors Private Ltd. to sell and distribute YAMAHA brand motorcycles and parts in Bangladesh. It has also an assembling plant at Rajabari, Gazipur, which also started its commercial assembling from May 2019.

Creative Communication Limited

The principal activities of Creative Communication Limited are managing media solutions and similar services for different clients, including television commercials and other advertisement and promotion related activities.

Premiaflex Plastics Limited

The main objectives of Premiaflex Plastics Limited are to carry out the business of manufacturing and marketing of plastic products, flexible printing and other ancillary business associated with plastic and flexible printing.

Premiaflex Plastics Limited has a consumer plastics production plant that started commercial production from July 2017 to deliver premium quality plastic made products for its customers.

ACI Logistics Limited (ACI Logistics)

The main objective of ACI Logistics Limited is to set-up nationwide retail outlets to facilitate the improvement in goods marketing efficiency and to provide a modern self service shopping option to customers.

ACI Edible Oils Limited

The main objective of ACI Edible Oils Limited is to carry out the business as manufacturing, as well as trading of all kinds of crude and refined edible oils, edible fats, food grade chemicals, cleansing materials, preservatives and other allied food products.

ACI HealthCare Limited

The principal activities of ACI HealthCare Limited are to be manufacturing and marketing of pharmaceutical products for regulated markets.

ACI Chemicals Limited

The main objective of ACI Chemicals Limited is to represent foreign and local principals, and market and promote their products; and process and engage in the service of indenting on their behalf.

ACI Biotech Limited

The principal activities of ACI Biotech Limited are to carry out the business of manufacturing and marketing of biosimilar pharmaceutical products. The production facility is under construction process.

Infolytx Bangladesh Limited

Infolytx Bangladesh Limited is a 60% owned subsidiary of ACI Limited incorporated in Bangladesh. The main objective of Infolytx Bangladesh Limited is to develop computer software focusing on technologies with an intention of varied range of offerings.

ACI Marine and Riverine Technologies Limited

ACI Marine and Riverine Technologies Limited is a 77% owned subsidiary of ACI Limited incorporated in Bangladesh. The main objective of ACI Marine and Riverine Technologies Limited is to carry on all or any of the business of shipping, ship engineering, and other related area.

Divisions

Health Care Division

The company offers Faviravir, Rivaban, Remcor and Veratin. The company also collaborated with different government and private organization of healthcare in Bangladesh, including DGDA, DG Health, and several medical colleges and hospitals.

The company has initiatives to support and equip frontline health workers - doctors, nurses and technicians. The company launched nine brands in diverse therapeutic areas, namely Biocal-D, Veratin, Corzil, etc. ACI Pharmaceuticals has also introduced brands like Cytopag and Tofara for cancer and arthritis. The brand Penfine was launched for the management of diabetes.

Export of ACI Pharmaceuticals division has continued to expand considerably, and one new export destination (Venezuela) has been added to the company’s portfolio during this period. The company has received Marketing Authorizations of 107 products in different countries. The company’s International Marketing Team is working to strengthen its presence, especially in Africa, Central America, and CIS countries. Vital regulatory activities are underway in more than 20 countries spanning these three regions.

Consumer Brands Division

Toiletries

ACI Consumer Brands’ Toiletries business has been serving the country with a number of well-known products. Toiletries business includes the heritage brand Savlon with various sub-categories, including soap, hand wash, antiseptics liquid and cream, hand sanitizer, disinfectant spray and wipes. Recently, a new addition to Savlon family, ‘Savlon Hand Rub’, was launched that received great response from consumers. A new category of health soap ‘Septex’ has also been launched to meet the rising demand in the antiseptic category. Other categories like fabric care, surface care, beauty soap, kitchen care and herbal products have achieved significant growth as well.

International Brands

International Business of ACI Consumer Brands consisting of world-renowned brands like Colgate, Canderel and Equal. Colgate brand ensures a strong presence in the market as one of the significant players in the oral care category. Low calorie sweetener brands are Canderel and Equal.

Hygiene

Hygiene business consists of female hygiene, baby hygiene, adult care and protective care categories. Freedom is the flagship brand of Sanitary Napkin. Savlon Twinkle Baby Diaper and Twinkle Baby Wipes grew by 26% and 46%, respectively. In October 2020, Savlon Respect Adult Diaper was launched. ACI Hygiene business is committed to a Bangladesh by promoting hygienic lifestyle among the people.

Home Care Solutions

Home Care Solution comprises products from both Pest and Non-Pest Category. ACI Aerosol delivers the benefits of the most effective insect protection to the consumers. In the non-pest category. Angelic Air Freshener is the pioneer in locally manufactured air fresheners upholding the leading position in the market. Angelic is enriched with 11 refreshing fragrances satisfying the needs of different occasions.

Electrical and Electronics

The company has focused on expanding the LED lights and Switch Socket products under the umbrella brand SPARKLE. The company is a distributor of the world renowned Panasonic brand.

Paints

The business has developed a few technology-driven brands to be made available next year. New software for color visualization has been introduced during this year for client’s project preview to give the feel of augmented reality. Factory tinting system for performance coating has been established recently, which will enable the company to support the customers.

Salt

ACI Pure Salt is manufactured using Switzerland's technology, the most advanced vacuum evaporation method that guarantees 100% pure, crystal-white, accurately iodized and free flowing edible salt.

Flour

The business continues to maintain a strong market share in the retail market and provides a range of products. This company is one of the largest flour producing companies in Bangladesh and is operating as one of the leading businesses in ACI fraternity.

The business provides Atta, Maida and Suji. In addition, ACI Pure manufactures the healthy version of multigrain Atta, Brown Atta, Paratha Maida and Atta Oats Plus, attracting new health conscious customers.

Foods

The business engages in manufacturing, marketing and distributing rice, spices, mustard oil, noodles, beverages and bakery products.

ACI Rice

ACI Rice is a supplier of premium quality branded rice.

Edible Oils

The company provides the solution of edible oil to the consumers. The business has five types of edible oil, such as rice bran oil, sunflower oil, olive oil, soybean oil and blended oil. ACI Nutrilife Rice Bran Oil has positioned themselves as a premium brand and has the leading position in the category. The company launched a new product called Well’s Olive Oil, which is one of the finest brands of Spain.

Agribusinesses Division

Crop Care and Public Health

Crop Care introduced five new generation molecules this year. ACI Crop Care has expanded its research and development wing with a team for conducting a large number of field trials on various target crops to expand business opportunities.

Seed

ACI Seed started commercial marketing of Mini Shail (RABI Dhan1) HYV rice developed by ACI in association with Rajshahi University and International Rice Research Institute (IRRI), which is released HYV variety by private sector in Bangladesh. BAU Dhan 3, ACI Seed’s own developed inbred rice variety, has obtained permission from National Seed Board (NSB) for release. Two hybrid rice varieties are in pipeline for release. To develop modern rice variety suitable for Bangladeshi climate, ACI Seed business has been persistently working with IRRI and number of multinational companies to address the farmer needs. ACI Seed R&D commercialized four new varieties of vegetable seed, seven new exotic vegetable varieties were included in product line for marketing and R&D facility was also established for hybrid rice seed research in Bogra.

East-West Seed, a global leader in tropical vegetable seeds market with three and a half decades of experience in breeding, producing and delivering quality seeds signed an exclusive distribution agreement with ACI Seed.

A group of scientists have been working at the company’s Advanced Seed Research and Biotech Centre (ASRBC) to develop genetically pure and disease resistant seeds to market. The business has produced 6,616 MT of seed through contract growers in Bangladesh and imported 1,933.5 MT exotic variety of seed from abroad.

Fertilizer

Fertilizer business has focus on enriched humus base organic and hormonal product lines. In addition, the Field Force was connected with farmers to ensure the company’s service. In the company’s pipeline, it has vermi-compost, tricho-compost, paclobutrazol, brassinolide and control release fertilizer (NPK + other trace element) to cater the future business potential in fertilizer.

Animal Health and Genetics

The business is divided into areas of poultry, cattle, animal biologics, aqua, animal nutrition and feed additives. The company introduces Cevac New Flu H9K vaccine against H9N2 Bird Flu in Asia.

ACI Animal Genetics started its journey with the objective to increase the income of dairy farmers of Bangladesh through the application of genetic technology. The business has already established an Animal Genetics Research and Development Centre situated at Gazipur. The management team of ACI Animal Genetics consists of experienced Livestock sector specialists.

Motors

ACI Motors (ACI Motors Limited) business has been segmented into three major SBUs, such as Farm Mechanization, Yamaha, Construction Equipment, Commercial Vehicles and Others.

ACI Motors is the leading farm mechanization company in Bangladesh and provides a complete farm mechanization solution with their wide range of products and services. This includes cultivation, transplanting, irrigation, harvesting and post-harvest preservation.

ACI Motors’ Tractor brand Sonalika has continued market leadership through product and superior service commitment. This year in the Boro harvesting season, ACI Motors played a major role in solving the harvesting problem of customers by covering 170 thousand acres of land during the pandemic. In addition, ACI Motors started its own Agri-Machinery manufacturing factory from this year, which is manufacturing Thresher, Hand Power Tiller and Trailers.

ACI Motors had started manufacturing of 125CC Yamaha motorcycle from October 2019, maintaining Yamaha’s international standards. ACI Motors had organized marketing activities throughout the year, among them were Yamaha Riding Training Academy and Yamaha Riders Club.

In Construction Equipment business, ACI Motors is dealing with world renowned construction equipment brands like Case, Kobelco and Lovol. ACI Motors has introduced Indopower Cranes during this year, which is one of the leading crane brands from India. ACI Motors is prepared to play a bigger role in the infrastructure development of the country.

ACI Motors started Commercial Vehicle business with the Global number one Light Commercial Vehicle manufacturer Foton International. Foton International is the fastest growing commercial vehicle brand in Bangladesh.

Agrolink

ACI Agrolink (ACI Agrolink Limited) exports shrimp to France, Germany, Belgium, the Netherlands, Denmark, and Japan. Several buyers from these countries have visited ACI Agrolink Shrimp Processing Plant in Satkhira and appreciated the location and facilities of the factory.

The business had completed construction of the factory as per international food safety compliances. They received Organic Agriculture and Forestry Certification by the Control Union of Germany, EU Export License and British Retail Consortium (BRC) Certificate. The business has also obtained Hazard Analysis Critical Control Point (HACCP) Certificate for shrimp processing and export.

Premiaflex Plastics

Premiaflex Plastics (Premiaflex Plastics Limited) is specialized in manufacturing and selling Flexible Packaging products. The business enriched its portfolio by adding Lamitube and Label Stickers in its manufacturing plant. The business placed emphasis on customer satisfaction by new products for customers. It plans to use the integrated quality control system to develop a premium market. It allows Premiaflex to maintain a critical strategic lead in the flexible packaging industry.

Premio Plastics

ACI Premio Plastics is a new business division of Premiaflex Plastics Limited.

Retail Chain Division

ACI Logistics has been strengthening its leadership position in the retail industry. Operating through its 144 outlets, including 34 newly opened express outlets, Shwapno has been able to increase its footprint outside Dhaka and serves in 14 districts.

Shwapno express outlets have continued its growth and with an additional 34 new outlets. Shwapno’s e-commerce platform has grown significantly.

ACI Logistics has continued venturing into additional backward integration projects by working with the manufacturers and farmers across the country. Last year they explored the value chain by directly buying rice paddy from the farmers. It also continues to work with Global G.A.P, the leading private sector body addressing the crucial objectives of ensuring safe, sustainable agriculture worldwide.

ACI Logistics has also continued working with farmers to improve crop traceability with the assistance of development partners. Shwapno’s sourcing, procurement and quality teams have worked relentlessly to establish Shwapno as the destination for safe and authentic manufactured and imported products.

Joint Venture Companies

ACI Godrej Agrovet Private Limited (ACI-GAPL)

ACI-GAPL is a 50:50 joint venture company of the company, Bangladesh and Godrej Agrovet Limited, India. ACI-GAPL is in the business of manufacturing and selling a variety of animal feeds (poultry, aqua and cattle feed), as well as Day Old Chicks (DOC). ACI-GAPL’s products are developed at ‘Nadir Godrej Centre for Animal Research and Development’ and tested through many scientific field trials to deliver improved livestock yields in the areas of poultry, fishery and cattle farming in a sustainable manner.

Tetley ACI (Bangladesh) Limited

Tetley ACI (Bangladesh) Limited continues to provide consistently high quality blend through its global tea sourcing and blending expertise.

Asian Consumer Care Private Limited

The company is a joint venture of Dabur International Limited and the company.

ACI CO-RO Bangladesh Ltd. (ACI CO-RO)

ACI CO-RO is a joint venture between the Bangladeshi conglomerate, the company, and the Danish fruit juice giant, CO-RO A/S. The company is founded in 2019 with the purpose of bringing refreshment and delight to the Bangladeshi consumer through an offering of delicious fruit-based drinks and snacks under CO-RO’s brand umbrella.

History

The company was incorporated in 1973 in Bangladesh. It was formerly known as ICI Bangladesh Manufacturers Limited and changed its name to Advanced Chemical Industries Limited in 1992.