ACI: ACI Limited
ACI Ltd. engages in the manufacture of pharmaceuticals, consumer brands, and animal health care products. It operates through the following segments: Pharmaceuticals, Animal Health, Consumer Brands, Crop Care and Public Health, Motors, Pure Flour, Retail Chain, Salt, Foods, and Premiaflex Plastics. The Pharmaceuticals segment involves in the manufacturing and marketing of health care products in home and abroad. The Animal health segment comprises of veterinary and fisheries products. The Consumer Brands segment focuses on the marketing, and distribution of consumer products. The Crop Care and Public Health segment offers crop protection items. The Motors segment covers agricultural equipment. The Pure Flour segment includes milling, processing, packaging, and marketing of wheat flour products. The Retail Chain segment involves in facilitating the improvement in goods marketing efficiency and to provide a modern self-service shopping option to customers. The Salt segment refers to edible salt. The Foods segment consists of different food items including spices, and different snack items. The Premiaflex Plastics segment concerns with the plastic products at home. The company was founded on January 24, 1973 and is headquartered in Dhaka, Bangladesh.
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ACI was established as the subsidiary of Imperial Chemical Industries (ICI) in the then East Pakistan in 1968. After independence the company has been incorporated in Bangladesh on the 24th of January 1973 as ICI Bangladesh Manufacturers Limited and also as Public Limited Company. This Company also obtained listing with Dhaka Stock Exchange on 28 December, 1976 and its first trading of shares took place on 9 March, 1994. Later on 5 May, 1992, ICI plc divested 70% of its shareholding to local management. Subsequently the company was registered in the name of Advanced Chemical Industries Limited. Listing with Chittagong Stock Exchange was made on 22 October 1995
Advanced Chemical Industries (ACI) Limited is one of the leading conglomerates in Bangladesh, with a multinational heritage. The company has diversified into four major Strategic Business Units.