Thursday, Apr 18, 2024
Update At 14:00    USD/EUR 0,94  ↓-0.0004        USD/JPY 154,29  ↓-0.027        USD/KRW 1.373,86  ↓-4.56        EUR/JPY 164,75  ↑+0.092        Crude Oil 87,46  ↑+0.17        Asia Dow 3.661,24  ↓-16.69        TSE 1.814,00  ↑+0.5        Japan: Nikkei 225 38.101,32  ↑+139.52        S. Korea: KOSPI 2.631,07  ↑+46.89        China: Shanghai Composite 3.088,33  ↑+16.9446        Hong Kong: Hang Seng 16.469,29  ↑+217.45        Singapore: Straits Times 3,22  ↑+0.038        DJIA 22,20  ↓-0.04        Nasdaq Composite 15.683,37  ↓-181.879        S&P 500 5.022,21  ↓-29.2        Russell 2000 1.947,95  ↓-19.5288        Stoxx Euro 50 4.914,13  ↓-2.86        Stoxx Europe 600 498,52  ↑+0.31        Germany: DAX 17.770,02  ↑+3.79        UK: FTSE 100 7.847,99  ↑+27.63        Spain: IBEX 35 10.633,90  ↑+107        France: CAC 40 7.981,51  ↑+48.9        

Fulfilling the nation's potential

Article - November 13, 2012
Award-winning company ACI introduces new products and business models to Bangladesh while complying with strict environmental standards
Approximately 10 years ago, Dr. Arif Dowla, a PhD in math from UCSD, returned to his native Bangladesh where he believed he could help contribute to his country’s
development. Applying mathematical concepts to his management style, he serves as Managing Director at Advanced Chemical Industries Ltd (ACI), an exemplary company with successful foreign joint ventures that was selected “Enterprise of the Year 2011” by the Daily Star.

ACI operates 21 businesses in the fields of agriculture, food, consumer brand, pharmaceuticals and retail.

In agriculture, ACI has set up leading businesses in seeds, fertilizers, crop care, animal health, agriculture motors, poultry, and water management solutions. “Our motto is to generate wealth for the farmer,” says Dr. Dowla. This is done, to a large extent, through ACI’s retail chain business, which strives “to have the deepest supply chain and connect the farmer to the consumer, cutting out intermediaries and offering
the lowest prices to the consumer.”

ACI’s most well known consumer brand is Savlon antibacterial range and Aerosol which comprises of a range of mosquito and insect repellents, while its pharmaceutical business provides a wide range of medicine and technology based products. In addition, the company hosts nationwide clinical meetings, healthcare awareness programs and doctors meetings.

Lastly, ACI produces high quality and safe packaged commodities (including salt, sugar, spices, flour and edible oil) that contrast with the large unhygienic unpackaged market found throughout Bangladesh.

Anis Ud Dowla, ACI Chairman, is proud of the quality that goes into every single process. “We were the first company in Bangladesh to adopt ISO 9001 Quality Management Systems,” he says, adding, “When the production process uses the latest technology, best quality machines and processes, and the best raw material, we can proudly claim ‘Purity’ as our brand slogan. Purity pays.”