Jan 1, 1968 CE
ICI Begins Operations in East Pakistan
Imperial Chemical Industries (ICI) of the UK establishes a trading office in Dhaka, East Pakistan, focusing on chemical imports and distribution. #business #history
Chronological Storyline (15 Milestones)
Dec 16, 1971 CE
Bangladesh Independence and ICI Transition
After Bangladesh gains independence, ICI's local operations are reorganized as ICI Bangladesh Limited, a subsidiary of ICI UK. #history #bangladesh
May 1, 1992 CE
Renamed to ACI Limited
ICI Bangladesh is renamed ACI Limited as part of a management buyout and localization strategy, with local shareholders taking control. #business #renaming
Jul 15, 1994 CE
M. Anis Ud Dowla Appointed Chairman
M. Anis Ud Dowla, a former ICI executive, becomes Chairman of ACI Limited, leading the company's diversification into new sectors. #leadership #chairman
Nov 30, 1995 CE
Initial Public Offering on Dhaka Stock Exchange
ACI Limited goes public with an IPO on the Dhaka Stock Exchange (DSE), raising capital for expansion. #finance #ipo
Mar 1, 1996 CE
Launch of ACI Pure Salt
ACI introduces ACI Pure Salt, a branded iodized salt product, becoming a household name in Bangladesh. #consumer #salt
Sep 20, 1997 CE
Entry into Agribusiness
ACI establishes an agribusiness division, focusing on seeds, crop protection, and fertilizers, to support Bangladesh's agricultural sector. #agri #business
Jun 10, 1998 CE
Formation of ACI Pharmaceuticals
ACI enters the pharmaceutical industry with the launch of ACI Pharmaceuticals, initially manufacturing generics. #pharma #health
Jan 1, 2000 CE
ISO 9001 Certification
ACI Limited achieves ISO 9001 certification for quality management, enhancing its reputation in manufacturing. #quality #certification
Apr 5, 2002 CE
Acquisition of ACI Godrej Agrovet
ACI forms a joint venture with Godrej Agrovet of India to produce animal feed and poultry products, later acquiring full ownership. #acquisition #agri
Aug 15, 2003 CE
Launch of ACI Motors
ACI Motors division is established to distribute agricultural machinery and vehicles, including tractors from global brands. #motors #distribution
Dec 1, 2005 CE
Introduction of ACI Pure Flour
ACI expands consumer foods with ACI Pure Flour, a branded wheat flour product. #consumer #food
Jul 20, 2006 CE
ACI Wins National Export Trophy
ACI receives the National Export Trophy (Gold) from the Government of Bangladesh for its export performance in pharmaceuticals. #export #award
Mar 10, 2007 CE
Establishment of ACI Center
ACI inaugurates its new corporate headquarters, ACI Center, in Dhaka to centralize operations. #corporate #headquarters
Nov 1, 2008 CE
Pharmaceutical Division Gets WHO-GMP Certification
ACI Pharmaceuticals receives WHO-GMP certification for its manufacturing facilities, enabling export to regulated markets. #pharma #certification