Aci Salt

Company Name: Advanced Chemical Industries Limited

Address : 245 Tejgaon Industrial Area, Dhaka 1208

Phone 880 2 9885694

Fax 880 2 9886029

Email info@aci-bd.com

Web Page www.aci-bd.com

Background

ICI Plc of UK had a pharmaceutical business in Bangladesh. In 1992 the business was divested 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 mission and vision 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 2003 grown to over Tk. 2300 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, Eli Lilly, UCB and Searle in Pharmaceuticals business; Colgate-Palmolive, Heinz & Dabur in Consumer Products sector; Aimco pesticides Ltd., Borreegaard Taicang Chemical Co. Ltd, Isagro Italy, Chimac Agriphar-Belgium, Cheminova Denmark, Hockly Int Ltd, Sundat (S) Pte Ltd, in Agrochemicals; Ranbaxy, Dabur, Wockhardt, Sanofi, Ceva and Invesa in Animal Health sector. The trading subsidiary of ACI represents in Bangladesh principals like ICI, Exxon-Mobile, Bayer, Stahl and ICI Uniquema.

Strategic Business Unit:

Pharmaceuticals : ACI Aerosol, SAVLON

Consumer Brands: Angelic Air Freshner, ACI Mosquito Coil

Agri Business:

Crop Care & Public Health

Animal Health

ACI has the following subsidiaries:

ACI Formulations Ltd.

ACI Trading Ltd.

Apex Leather Craft Limited

ACI Salt Limited

Financials (Year Ending December 2004)

Authorized Capital Taka 500 Million

Paid Up Capital Taka 161.70 Million

Sales Taka 2,558 Million

Number of Employees 2161

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.

Company Value

Quality

Customer Focus

Fairness

Transparency

Continuous Improvement

Innovation

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