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Company Profile:

ICI Plc of UK had a pharmaceutical business in Bangladesh. In 1992 the


business was sold to management and the name of the Company changed to
Advanced Chemical Industries (ACI) Limited. ACI inherited the rich ICI culture of
product quality, customer service and social responsibility and continues to
nurture. ACI is the first company in Bangladesh to obtain certification of ISO 9001
Quality Management System in 1995. ACI is also the first Company in
Bangladesh to get certification of ISO 14001 Environmental Management System
in 2000. ACI employees are proud of their work culture, business ethics and
environmental consciousness. ACI values are embodied in its vision and mission
statements. ACI quality and environmental concerns are clearly stated through
declared policies. ACI represents principals like AstraZeneca, UCB, Searle and
Fujisawa in Pharmaceuticals business; Colgate-Palmolive, Heinz & Dabur in
Consumer Products sector; Synzenta in Agrochemicals; Ranbaxy, Dabur,
Wockhardt, Sanofi and Invesa in Animal Health sector. The company maintains
strategically located sales centers in nineteen different locations across the
country. It has developed an advanced distribution system through its more than
300 skilled and trained manpower and a large fleet over eighty vehicles. The
distribution system is capable of handling continuing volume of diverse range of
products from the various businesses. The company’s distribution centers are
highly streamlined, computerized and automated. We are capable of maintaining
a cold chain for some specialized range of products such as vaccines and
insulin. The combination of this advanced function and multidimensional
capabilities made it possible to handle hundreds of products efficiently. ACI has
three separate manufacturing plants in the outskirts of Dhaka. The
Pharmaceuticals plant is located at Narayanganj; ACI Formulations has been
setup at Gazipur and the Tetley factory has been built at Konabari. ACI Limited is
the first company in Bangladesh to have attained the ISO 9001 certification for
Quality Management System and ISO 14001 for Environmental Management
System. The Trading subsidiary has also received ISO 9002 certificate. At our
manufacturing facilities, we follow cGMP guidelines and standards recommended
by World Health Organization (WHO) for pharmaceutical formulations.

Corporate Information

 
ACI Plc of UK had a pharmaceutical business in Bangladesh. In 1992 the business was sold to
management and the name of the Company changed to Advanced Chemical Industries (ACI)
Limited. ACI inherited the rich ICI culture of product quality, customer service and social
responsibility and continues to nurture.ACI is the first company in Bangladesh to obtain
certification of ISO 9001 Quality Management System in 1995. ACI is also the first Company in
Bangladesh to get certification of ISO 14001 Environmental Management System in 2000. ACI
employees are proud  of their work culture, business ethics and environmental consciousness.

ACI values are embodied in its vision and mission statements. ACI quality and
environmental concerns are clearly stated through declared policies.

What was primarily a Pharmaceutical business in 1992 with a turnover of Tk.80


million with stagnant growth, the new management brought about fundamental
changes in policies and has in year 2005 grown to over Tk. 3413.05 million in
turnover through diversified business interest including personal care products,
food products, animal health, agrochemicals and seeds in addition to gaining a
strong position in Pharmaceuticals.

ACI represents principals like AstraZeneca, UCB, Searle and Fujisawa in


Pharmaceuticals business; Colgate-Palmolive, Heinz & Dabur in Consumer
Products sector; Synzenta in Agrochemicals; Ranbaxy, Dabur, Wockhardt,
Sanofi and Invesa in Animal Health sector.

The trading subsidiary of ACI represents in Bangladesh principals like ICI,


Exxon-Mobile, Bayer, Stahl.
Strategic Business Units:
PharmaceuticalsConsumer Brands

Agri Business:

Crop Care Public Health

Animal Health

Seeds.
ACI has the following subsidiaries:

 ACI Formulations Ltd.


 ACI Trading Ltd.
 ACI Salt Limited
 Apex Leather Craft Limited

 Management Committee
Dr. Arif Dowla Group Managing Director
Mr. Azmal Hossain Executive Director, Trade
Dr.F.H.Ansarey Executive Director, Agribusinesses
Mr. Syed Alamgir Executive Director, Consumer Brands
Mr. M. Mohibuz Zaman Chief Operating Officer, Pharmaceuticals
Mr. Muallem A. Choudhury Executive Director, Finance and Planning
Mr. Towfiqur Rahman Director, Business Development
Mr. Priyatosh Datta Director, Quality Assurance
Ms. Sheema Abed Rahman Director, Corporate Affairs
Mr. Pradip Kar Chowdhury Financial Controller
Financials (Year Ending December 2005)
Authorized Capital Taka 500 Million
Paid Up Capital Taka 161.70 Million
Sales Taka 3413.05 Million
Number of Employees 2000
Company Mission
ACI’s mission is to enrich the quality of life of people through responsible
application of knowledge, skills and technology. 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 its customers.
Company Vision
To realize the mission ACI will:

 Endeavor to attain a position of leadership in each category of


its businesses.
 Attain a high level of productivity in all its operations through
effective and efficient use of resources, adoption of appropriate
technology and alignment with our core competencies.
 Develop its employees by encouraging empowerment and
rewarding innovation.
 Promote an environment for learning and personal growth of its
employees.
 Provide products and services of high and consistent quality,
ensuring value for money to its customers.
 Encourage and assist in the qualitative improvement of the
services of its suppliers and distributors.
 Establish harmonious relationship with the community and
promote greater environmental responsibility within its sphere
of influence.
Value

 Quality
 Customer Focus
 Fairness
 Transparency
 Continuous Improvement
Distribution Network
The company maintains strategically located sales centers in nineteen different
locations across the country. It has developed an advanced distribution system
through its more than 300 skilled and trained manpower and a large fleet over
eighty vehicles. The distribution system is capable of handling continuing volume
of diverse range of products from the various businesses.The company’s
distribution centers are highly streamlined, computerized and automated. We are
capable of maintaining a cold chain for some specialized range of products such
as vaccines and insulin. The combination of this advanced function and
multidimensional capabilities made it possible to handle hundreds of products
efficiently.
Business Units
In 2004, ACI Pharmaceuticals ranked 11th in the Bangladesh Pharmaceuticals
Industry. It provides the market with a wide selection of drugs across all major
therapeutic classes, and also offers some specialty medicines. ACI Pharmaceutical
represents AstraZeneca, Eli Lily and UCB in Bangladesh.ACI Crop Care and
Public Health Division is holding the leadership position in the industry; Animal
Health has experienced one of the highest growth rates in this sector. ACI
Agribusiness has partnerships with several international conglomerates including
Ceva Santhe Animale, Invesa, UCB, Isagro Asia and Borregaard Taicang
Chemicals Co. Ltd.

ACI Consumer Brands is a leading Fast Moving Consumer Goods


(FMCG) company in Bangladesh. In the liquid antiseptic and
mosquito repellant categories, this division is a very strong market
leader. Foreign partners represented in by this division include
Godrej Consumer Products (for hair care and skin care products),
Parle Group (for Parle G biscuits), Beiersdorf, Germany (for
Nivea range of products) and Colgate Palmolive.

ACI has formed joint ventures with leading FMCG and


agribusiness players in the region. These are:
 Asian Consumer Care Private Limited: Joint venture of ACI
and Redrock Limited, for distribution of various ranges of
Dabur products in Bangladesh. ACI holds 50% stake in the
venture.
 Tetley ACI Bangladesh Limited: Joint venture of ACI and
Tetley Group of United Kingdom for distribution of Tetley
products in Bangladesh, with ACI having 50% shareholding.

Many ACI products have crossed our national boundary and are
being successfully exported to various countries in Asia, the
Middle East and the CIS region. The response of foreign
consumers to our products has been encouraging.
Manufacturing StandardsACI has three separate manufacturing plants in the
outskirts of Dhaka. The Pharmaceuticals plant is located at Narayanganj; ACI
Formulations has been setup at Gazipur and the Tetley factory has been built at
Konabari. ACI Limited is the first company in Bangladesh to have attained the
ISO 9001 certification for Quality Management System and ISO 14001 for
Environmental Management System. The Trading subsidiary has also received
ISO 9002 certificate. At our manufacturing facilities, we follow cGMP guidelines
and standards recommended by World Health Organization (WHO) for
pharmaceutical formulations.

Diversification into New Industries

ACI Limited is venturing into new areas of business, as part of its


diversification initiatives. Two such businesses being set up are
ACI Salt Limited. and ACI Godrej Agrovet Private Limited.

 ACI Salt Limited: ACI has set up its salt refining plant in


Rupganj, on the banks of the Shitalakhya River. The plant will
produce refined iodized salt through Thermal Evaporation
System. ACI has used technology from China Heavy
Machineries Corporation (CHMC) in establishing the plant. The
end product will be of high quality, free-flowing salt with even,
crystallized grains. The iodine content of ACI salt will have a
stability of more than 6 months. The project has been
undertaken at an approximate cost of Taka 32 crores.
 ACI Godrej Agrovet Private Limited: Godrej is a pioneer in
the packaged meat business in India. It is also the market leader
in the poultry industry, and the owner of ‘Real Good’ brand.
ACI and Godrej have a joint venture in Bangladesh to set up an
Integrated Poultry Project. Under this project, ACI Godrej
Agrovet has already set up a feed mill at Sirajganj. This is fully
automatic pellet poultry and fisheries feed mill, which uses
technology from Jiangsu Muyang group of China. The company
has also set up a hatchery at Joynabazar, on the Dhaka
Mymensingh road, with technology from Godrej. The plans for
this project also include establishing Grand Parents and Parent
Stock breeding farms. The investment in the project is Taka 8
crores, with ACI Limited having 50% shareholding of the
company.

 ACI Formulations Limited

ACI Formulations Limited (ACI FL) is a subsidiary of ACI


Limited, located at Gazipur, in the outskirt of Dhaka.

ACI FL manufactures majority of the products of ACI Strategic


Business Limited except for the Pharmaceutical Division. The
factory is equipped with the state -of -the -art facilities for product
formulations and process innovation. These include modern
computerized equipment like HPLC and GLC.

The product range manufactured at ACI FL include Crop


Protection Chemicals like insecticides, herbicides and fungicides
in granular, powder and liquid forms, Mosquito Pesticides in the
forms of aerosols, vaporizers and coils; and household chemicals
like toilet cleaners and hand wash
Chairman’s Profile

M Anis Ud Dowla
Mr. M Anis Ud Dowla, the Chairman of ACI Limited, is one of the most
successful personalities in Bangladesh business circle. He has maintained a high
profile, and has provided leadership to business community in different capacities.
Mr. Dowla served in the British Oxygen Group of UK in Pakistan, Bangladesh
and Kenya for 27 years, including 12 years as Managing Director of Bangladesh
Oxygen Ltd. In 1987, he became the Group Managing Director of the three ICI
companies in Bangladesh.With experience gathered while working with British
Multi-nationals for over 32 years, Mr. Dowla has continued to maintain the
multinational culture and management style in ACI, with especial emphasis on
quality, productivity and customer services.

M. Dowla was the President of Metropolitan Chamber of


Commerce & Industry for three terms in 1975, 1976 & 1977 and
the President of Bangladesh Employees Federation for four terms
in 1976, 1977, 1994 and 1995.
Board of Directors
Mr. M Anis Ud Dowla Chairman

Mr. Arif Dowla Group Managing Director


Mr. Syed Manzur Elahi Director
Mrs. Najma Dowla Director
Mr. Rafiqul Islam Khan Director
Mr. Md. Ziaul Haque Khondker Director
Ms. Shusmita A. Salam Director
Mr. Waliur Rahman Director
Mr. Wajed Salam Director
Ms. Sheema Abed Rahman Director and Company Secretary

Auditors
Rahman Rahman Huq

(a member firm of KPMG International)


Legal Advisor
Barrister Rafique-ul Huq,  Huq and Company
Financial Counselor
Mr. Sikander Ali
Principal Bankers
Standard Chartered Bank
The Hongkong and Shanghai Banking Corporation Limited
Commercial Bank of Ceylon Limited

Citibank N. A
Quality Policy
ACI’s mission is to achieve business excellence through quality by understanding,
accepting, meeting and exceeding customer expectations.ACI follows
International Standards on Quality Management System to ensure consistent
quality of products and services to achieve customer satisfaction. ACI also meets
all national regulatory requirements relating to its current businesses and ensures
that current Good Manufacturing Practices (cGMP) as recommended by World
Health Organization is followed for its pharmaceutical operations.

The management of ACI commits itself to quality as the prime


consideration in all its business decisions. All employees of ACI
must follow documented procedures to ensure compliance with
quality standards.

The pool of human resources of the company will be developed to


their full potential and harnessed through regular training and their
participation in seeking continuous improvement of work
methods.
Environmental Policy
ACI  is committed to maintain the harmonious  balance of our eco-system and
therefore constantly seeks ways to manufacture and produce products in an eco-
friendly manner so that the balance of nature remains undisturbed and the
environment remains sustainable.In pursuit of this goal, ACI will
 Comply fully with all local and national environmental
regulations.
 Conserve natural resources like water and energy for sustainable
development, and adopt environmentally safe processes.
 Ensure appropriate treatment of all effluents prior to discharge,
to prevent pollution or degradation of environment.
 Ensure appropriate communication and cooperate with internal
and external interested parties on environmental issues.
 Create awareness on environmental issues among our
employees and suppliers.
 Adopt modern waste management technology.
Global Compact Endorsement
The ACI group has consistently demonstrated its commitment towards its
employees and the environment over the years. It has been recognized as the
practitioner and promoter of socially responsible business behaviour.To take this
commitment even further, ACI has endorsed the Principles of Global
Compact on August 18, 2003. The Global Compact is a remarkable initiative
sponsored by the United National Secretary General Koffi Annan. It is based on a
very simple notion: whether or not required by law, corporations should enforce
basic human rights and accepted labour and environmental standards in all their
business activities, to counterbalance possible negative effects of globalization.

The compact calls on companies to embrace the ten universal


principles in the key areas of human rights, labour standards and
the environment. These ten principles are:

Human Rights

 To support and respect International Human Rights within the


company’s sphere of influence.
 To make sure that their own corporations are not complicit with
Human Rights Violation.

Labour

 To end discrimination in the workplace.


 Abolition of child labour.
 The right to collective bargaining and recognition of freedom of
association.
 To eliminate the use of forced and compulsory labour.

Environment

 To support a precautionary approach to environmental


challenges.
 To undertake initiative to promote greater environmental
responsibility.
 To encourage the diffusion of environmentally friendly
technology.

Anti-Corruption

 To work against all forms of corruption, including extortion and


bribery.

ACI pledges to keep all its employees, customers, shareholders


and suppliers regularly informed about the compact and the
company’s initiatives to uphold the principles

 
Case Study
Societal Development through Educational Programs
ACI’s guiding principle in all its operations is to be a ‘responsible corporate
citizen’. Thus, Social Responsibility is a top priority for every individual at ACI.
Our endeavors toward discharging our social responsibilities have become more
focused since our adoption of the principles of the Global Compact.Initiatives that
have shown significant contribution to societal development are Continued
Medical Education (CME) for medical professionals and Children’s Education
programs.

A dedicated team of medical graduates makes up the Medical


Services Department (MSD) in ACI, which carries out CME
programs termed ‘Clinical Meetings’ all across Bangladesh. These
are essentially non-advertised meets of medical professionals that
serve as a training and knowledge-sharing forum, often conducted
by experts on the subject. Our partners in development for these
programs are doctors, medical associations and/or departments,
and various study groups. The level of involvement of ACI in
these programs may range from only sponsoring the entire
program to providing all types of services and technical support to
the presenter to even conducting the program by an MSD doctor.
Support from MSD include research support for deliberations at
the meet, literature and multimedia presentation for the program,
updates on new technology and thoughts in medical fields, and
even educational support to any participant in their area of
interest.

The Bangladesh Today, a media unit of ACI, started a Children’s


Club two years ago. The Children’s Club holds many cultural
events and competitions all year round. The Children’s Carnival is
a major annual event that draws a huge number of participants.
ACI has also undertaken an English Education program in
Faridpur, one of the remotest districts of Bangladesh. This
provides support to teach English Language to school going
children.

Outcome

Doctors in Bangladesh who are not living in the metropolitan


cities have very limited access to the Internet or any other sources
of information. In order to keep them updated on the
developments in the medical practices regularly, the CME
program has been proven highly effective. During 2004 alone, the
number of such meetings held was 342, participated by
approximately 18,000 (eighteen thousand) doctors. When
compared to the 2003 figures of 100 meetings with 5000
participants, the impact of our efforts can be seen reflected in the
tremendous rate of growth.

The Children’s Club now has over 1000 members who actively
engage in pursuits of creative learning. They are grooming
themselves to be well-rounded individuals with skills in foreign
languages, arts, crafts and music. ACI believes that by promoting
education of children, we are contributing to societal development
by shaping the minds of our future leaders

 
Educating the farmers, with a focus on Environment Friendly Practices

Advanced Chemical Industries, the successor of Imperial Chemical Industries


(ICI) in Bangladesh, is the first ISO certified company in the country. Our
commitment to environment protection is reflected in our ISO 14001
certification.Additionally, ACI has undertaken extensive programs to educate crop
farmers all over rural Bangladesh in Good Agricultural Practices. We have a team
of agricultural experts working at the field level all across the country, holding a
range of technical trainings and field demonstrations. Their activities include
 Field demonstrations on various methods of crop protection, that
pose the least hazard for the environment
 Training on new technologies of cultivation, for higher yields
and new crops
 Training to channel partners (e.g. retailers and agricultural
extension workers) and third parties (e.g. NGO workers)

ACI also has similar education programs for animal and poultry
farmers. These include

§   Technical trainings on diverse aspects of farming, and on


application of new technologies

§    Farmers’ group meeting for sharing of learning and


experiences

§    Free visits to farms by veterinarians, to identify problems and


give advice to individual farmers

Outcomes

Our farmers are mostly illiterate persons, having learnt the art and
science of farming by assisting their family on the fields. Our
continuous endeavors to educate farmers have given significant
benefits on three fronts:

v    Raising the level of awareness among farmers on improving


their agricultural output through application of new technology,
encouraging them to share experiences with neighboring farmers
and, in the long run, developing educated farmers.

v    Raising the educational level and technical knowledge of


channel partners and third parties who act as advisors to the
farmers.

v    Most importantly, making practicing farmers aware of ways to


protect the environment from hazardous uses of chemicals on their
farms, allowing them the opportunity for informed decision-
making.

ACI hopes to continue to play a leading role in promoting greater


environmental responsibility among farmers in Bangladesh.

 
Communication on Progress
As a continuous support to the Global Compact initiative, we have undertaken
certain action which will help us to get more aligned with Global Compact. for
details please open ACI COP 2006
For further information on the Compact, please visit www.unglobalcompact.org
Contact
Company Name Advanced Chemical Industries Limited
Address 245 Tejgaon Industrial AreaDhaka 1208
Phone 880 2 9885694880 2 9886029

 
email info@aci-bd.com

web www.aci-bd.com
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