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 | ৳69.475 billion (US$650 million) (2020) |
৳(98.626) million (US$920,000) (2020) | |
৳(1.444) billion (US$13 million) (2020) | |
Total assets | ৳61.563 billion (US$570 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 pharmaceuticals and conglomerate company founded in 1973. The firm is headquartered in the thana of Tejgaon I/A, in Dhaka. ACI is one of the leading firms in the pharmaceuticals and chemical industry of Bangladesh.
Advanced Chemical Industries (ACI) Limited, being one of the largest conglomerates [2] in Bangladesh with a multinational heritage operates across the country through its four diversified strategic business units.
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.
Imperial Chemical Industries (ICI) was a British chemical company. It was, for much of its history, the largest manufacturer in Britain. It was formed by the merger of four leading British chemical companies in 1926. Its headquarters were at Millbank in London. ICI was a constituent of the FT 30 and later the FTSE 100 indices.
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