ACI Chemicals, a subsidiary of Advanced Chemical Industries Limited (ACI Limited), is set to market leather chemical products from Turkey’s biggest leather chemical manufacturer SOSA Chemical.
The local business conglomerate in health care, consumer brands, agribusiness and retail chain, ACI has entered into an agreement with SOSA Chemical for working as their agent in Bangladesh for marketing their leather chemical products, said the company in a statement yesterday. However, the news failed to attract investors, as its share prices at the Dhaka Stock Exchange fell more than 2%.
Founded in 1979, SOSA Chemical produces chemicals for raw leather to finished leather. ACI formulates and markets a comprehensive range of more than 387 products covering all major therapeutic areas, which come in tablets, capsules, powder, liquid, cream, ointment, gel, ophthalmic and injection forms.
Currently, ACI markets world-renowned branded pharmaceutical products like Arimidex, Casodex, Zoladex, Atarax etc. from world-class multinational companies like ASTRAZENECA, UK, Akzo Nobel, India and UCB, Belgium, in Bangladesh.
