COMPANY PROFILE 2022
Akij Resources Limited also known as ARL was founded in April 2020 with a mission to ensure best quality products and services to the customers through continuous improvement that benefits society and environment. Akij is a name of trust and assurance when it comes to top-of-the-line product quality. Its high-quality products are already enjoyed by millions of people around the globe. It already has a strong footprint in the building materials sector where it has been consistently serving the nation for the last 20 years. Over time, Akij has grown into a business empire where it has footprint in almost every sector of daily necessities of the mass. Today Akij stands proudly as one of the largest conglomerates of Bangladesh. Under the leadership of Sheikh Jasim Uddin, Akij Resources Limited was formed to carry forward the torch that was lit by his late father Sheikh Akij Uddin. Following the footprint of the founding father, ARL has maintained its stronghold in the building materials sector while investing in steel industry. Focusing on the basic human needs such as food, ARL has also invested in the food commodity and agricultural sector. ARL has its business in different sectors with a vast range of products such as cement, ready-mix concrete, steel bars, stone chips, poly fiber bags, shipping, IT and food commodities i.e., rice, flour, salt, sugar, grains and fertilizer. The objective of the company is to serve the nation with their daily necessities and to bring innovation and novelty in the business structure. Who we are… www.akijresources.com 01
www.akijresources.com 02 Ensure best quality products & services through continuous improvement that benefits society and environment WHY WE ARE…
www.akijresources.com 023 Be the benchmark of customer’s choice Our sight for future…
www.akijresources.com 04 Positivity Teamwork Ownership Customer Centric Service Orientation Principles that drive us…
www.akijresources.com 05 Our competencies… Process Orientation Quality Focus Compliance Cost Efficiency Innovation
www.akijresources.com 06 Our leaders (Board of Directors)
www.akijresources.com 07 Our businesses… Akij Cement Company Limited Akij Ready-Mix Company Limited Magnum Steel Industries Limited The Successors (Stone Chips Supplier) Building Solutions Essential Foods Akij Shipping Line Limited Akij Poly Fiber Industries Limited Logistics & Others BluePill Limited (CRM Service) iBOS Limited (IT Solution) IT & Communication Food Commodities Fertilizer Wheat Trading Peas & Lentils Trading
www.akijresources.com 08 BUILDING SOLUTIONS ‘Aiming to be the one-stop solution provider for all building materials’
Akij Building Solutions Limited (ABSL) focuses on one of the basic human needs of shelter & living. The company has its roots going down 20 years in working with these materials. The market consists of products like cement, ready-mix concrete, steel, stone chips and other materials which are essential for building the nation. The contribution of the company has been enormous and still working on building the economy of Bangladesh. Our vision for ABSL is to be the One-Stop Solution Provider for all building material needs of the customers. We are committed to provide the best quality service to our customers while making their experience enjoyable. ABSL provides innovative products that are sustainable for the environment which in long-term benefits the environment and the society. Our principles Efficiency – a one-stop solution for all building material solution to optimize efficiency Sustainability – reduce carbon footprint with energy efficient plant design Flexibility – easily adapt to current and future usage requirement Wellbeing – a standard environment condition for the worker www.akijresources.com 09
www.akijresources.com 09 Akij Cement Company Limited Akij Cement Company Limited (ACCL) started its journey in the Bangladesh market in 2002. It is one of the largest strategic business units of Akij Resources. The objective is to offer the best quality cement to the home-builders. ACCL is the first company to introduce Vertical Roller Mill (VRM) in Bangladesh. Akij Cement has gained the trust and confidence of the Individual Home Builders (IHB) for its uncompromising quality. ACCL produces both OPC (CEM-I), PCC (CEM-II/A) & PCC (CEM-II/B) for its customers. All the products comply with BDS & ASTM standards. Akij Cement is the only cement company in Bangladesh which produces ‘Fly-Ash Free Cement’. This ensures more strength to the structure and helps prevent crack & corrosion. Moreover, Akij Cement factory emits 40 percent less carbon dioxide while producing cement in an environment-friendly way. ACCL doesn’t compromise with its quality and the client’s satisfaction. Akij Cement is recognized as a premium cement brand and is being sold at a premium price. IHB, mason & engineers prefer Akij Cement to use for casting/dhalai in the foundation of any structure.
www.akijresources.com 10 Contact Us Why Akij Cement? The latest vertical roller mill (VRM) technology from Loesche, Germany and FLSmidth, Denmark ensuring consistent quality Own marine and inland logistics support that ensures availability of high-quality raw materials Large distribution network ensuring timely delivery Highly equipped laboratory for testing Experienced people maintaining the process ensuring quality service Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Factory: Nabigonj, Kadam Rasul, Bandar, Narayanganj. [email protected] www.akijcement.com /Akijcement 08 000 555 777
www.akijresources.com 11 Magnum Steel Industries Limited (MSIL) supplies high quality rebar to the growing construction industry in Bangladesh. MSIL produces bars for reinforcing concrete in structures such as high-rise buildings, industrial plants, apartment blocks, bridges, culverts and overpasses. It uses high-quality low-carbon steel billets to make strong and safe steel bars. With the vision to be the complete building solution provider of the country, ARL acquired Magnum Steel Industries Limited in 2021 which were producing Magnum Supreme 500W and Magnum 400 since its inception in 2009. Magnum Supreme 500W with a minimum yield strength of 500 MPa (equivalent to 72,500 psi) simultaneously provides greater strength and economy as compared to 60 grade bars with yield strength of 60,000 psi. MSIL also produces Magnum 400 with minimum yield strength of 415 MPa equivalent to 60,000 psi. Choosing the ‘right’ steel bar for any construction work is crucial. MSIL brings their highest quality grade bars to the market to cater the growing needs of the customers. Magnum Steel Industries Limited
www.akijresources.com 12 Why Magnum Steel? Own marine and inland logistics support that ensures availability of high-quality raw materials Consistent product quality Large distribution network ensuring timely delivery Experienced people maintaining the process ensuring quality service Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Factory: Madhayam Baushia, Baushia, Gazaria, Munshiganj [email protected] magnumbd.com /magnumbd 08 000 555 777
Akij Ready-Mix Company (ARMC) has gained a good reputation in the market for its consistent quality products with the help of the latest equipment and the expertise gathered from the long serving history of Akij Cement. Starting its journey in 2016, ARMC has already become an integral part of the building solution cluster of Akij Resources. Concrete provides strength, durability and versatility to any structure. It is used for almost every type of construction i.e., building, roads & highways, bridges, culverts, etc. It is durable, low maintenance, heat absorbent, water resistant and non-combustible in nature. Akij Ready-Mix Concrete provides an easy and environment-friendly solution to the customers for their structural construction need by ensuring consistent quality product. ARMC supplies high-quality concrete from its own plant established in different locations around the city to maximize the coverage area and ensure timely delivery. Akij uses the best quality cement to ensure the desired strength-need of the customer. ARMC can produce concrete with a comprehensive strength range from 2,500 psi to 5,500 psi. The own fleet of more than 65 mixer trucks accompanied by more than a dozen concrete pumps help us fulfill our commitment of timely delivery to the customers. www.akijresources.com 13 Akij Ready-Mix Company Limited
Why Akij Ready-Mix Concrete? Own experienced logistics support that ensures availability of high-quality raw materials Consistent product quality ensured through latest technology Right location of the plant ensuring timely delivery Experienced people maintaining the process ensuring quality service Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Factory: Nabigonj, Kadam Rasul, Bandar, Narayanganj. Dhour, Beribadh, Nishat Nagar, Turag, Dhaka [email protected] www.akijcement.com /Akijcement 08 000 555 777 www.akijresources.com 14
The Successors (MTS) is one of the finest suppliers of construction stone chips in the country. Fine and coarse aggregates are among the core building materials alongside cement, steel and others. MTS being the member of the building material solution provider family of ARL is determined to continue to provide unparalleled service to its customers. Considering customer demand and standard requirements, MTS imports well graded stone chips from the best sources of UAE, Oman and Thailand using own multiple ocean-going mother vessels which ensures timely delivery of the product. Why MTS? Own marine and inland logistics support that ensures availability of high-quality raw materials Consistent product quality Large distribution network ensuring timely delivery Experienced people maintaining the process ensuring quality service www.akijresources.com 15 The Successors (stone chips suppliers)
www.akijresources.com 16 ‘bringing everyday essential foods closer from farm to plate’ Essential Foods
www.akijresources.com 17 Akij Essentials Limited Akij Essentials Limited (AEL) primarily being the food commodity business unit of Akij Resources ensures to bring out the finest products and uses the state-of-the-art machinery for manufacturing. The brand name ‘Essential’ has been exhibited by keeping the Bengali tradition and culture as the center of attention. Essential plays a role of being welcoming, full of life, strongly bonded with the values and culture of the origin. ‘Essential’ has started its journey on November 2020. As the name of the brand suggests, Essential aims to provide all the everyday needs (must have commodities) of the peoples of Bangladesh. AEL manufactures a wide range of daily essential food products i.e. various categories of rice, flour, salt, sugar, lentils, spices and edible oils. AEL has also invested in the fertilizer trading of the country where it has been supplying the product to the government since 2021 with great reputation. This helps the farmers of the country to get their necessary supplies at a reasonable price to grow the staples. Following the footprint of the founding father and focusing on providing the basic human needs, AEL has been involved in the trading of different food commodity in Bangladesh i.e. wheat, peas, lentils and other grains. We aim to provide the best quality to meet the daily necessities of people.
Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Factory: Baipur, Chobbish Nagor, Rajshahi [email protected] youreverydayessentials.com /FindYourEverydayEssentials 08 000 555 777 www.akijresources.com 18 Our principles Efficiency – a one-stop solution for all food commodity needs to optimize efficiency Stability – a reliable source for all necessities all the year-round Flexibility – easily adapt to current and future usage requirement Wellbeing – ensured supply of the best quality items
Rice is a staple food of about 164 million people of Bangladesh. Rice provides about two-third of the total calorie supply and about one-half of the protein intake of an average people of the country. AEL is focused on serving quality staple food to the consumers by investing in the rice industry. ‘Essential’ bearing the flagship of the food commodity brand of AEL has already invested in acquiring the most modern mills for paddy and rice processing in several locations of the country to cater the huge national demand. Daily more than 58,000 families in Bangladesh are already enjoying the ensured quality rice from the house of Essential since the year 2020. Essential Rice offers different categories to the market i.e. Chinigura (aromatic), Katari Nazir (premium), Miniket, Atash, Paijam and Jirashail Rice as per various local and regional taste. Flour is the second staple food of the people of Bangladesh. In the process of being the ultimate food commodity supplier of the country, AEL has recently initiated to introduce the latest and most modern milling technology in the flour industry. Though Essential branded Flour is already consumed by more than 0.25 million household in Bangladesh on a daily basis where AEL is providing it through contract manufacturing under own expert supervision from collection of raw materials to every step of the production and delivery process. Food Commodities www.akijresources.com 19
Adding to the commodity food basket of rice and flour; sugar and salt were introduced where Essential Sugar is already enjoyed by 0.82 million families across the nation and Essential Salt is used by almost 7,000 households a day. Products of AEL are already used by thousands of households countrywide and the consistent better-quality products are being admired by the consumers. AEL is also participating in supplying these food commodities to the different government and non-government bodies and/or institutions to meet their daily supply requirements and are also reaching out to the global market to expand the horizon of delivering major staple food with consistent quality and better service. www.akijresources.com 20 Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Factory: Baipur, Chobbish Nagor, Rajshahi [email protected] youreverydayessentials.com /FindYourEverydayEssentials 08 000 555 777
Fertilizer is one of the core materials for agriculture in any country. It enhances the production capacity to meet the desired demand. That is why the government of Bangladesh subsidize the supply of fertilizer to keep the prices of the daily food commodities under control. Our government requires a huge amount to DAP (Diammonium Phosphate), TSP (Triple Super Phosphate) and MOP (Muriate of Potash) fertilizer from around the globe to keep the production of crop-cycle running. AEL has been participating in the process of collection and supply of fertilizer for the government since 2021 with great reputation. The participating companies (in the govt. tender process) allow the government to bring out the best quality fertilizer in the country at an affordable rate (which is subsidized by the government) for the farmers. In the first year of its business in the fiscal year of 2021-2022, AEL was awarded the allocation of 28% of the total government procurement amount of DAP fertilizer. The product was imported from various suppliers of Russia and China as per quality requirements or demands of the local farmers. The successful completion of the first year in business has seen great progress in the following year where AEL has been awarded a total of 33% of the government procurement amount for DAP and TSP fertilizer. The collection process of MOP fertilizer in the same year is still in progress. Through this AEL is trying to connect the dots of producing the most cultivated staple food of the country, the demand and supply situation in the paddy market and maintaining the consistent quality for every type of rice to ensure bringing everyday staple food closer from farm to plate. Fertilizer www.akijresources.com 21
Bangladesh is the 10th largest wheat importing country in the world where the import value is around $128 billion (import data of 2020). Wheat was the 3rd most imported product of the country in the same year where the imports were mainly from Russia, Ukraine, Canada, Argentina and India. The import values were $409M, $295M, $264, $118 and $94M accordingly. Akij had also been involved in wheat trading in the country since 2017. For delivering consistent quality product to the market, it has become one of the major importer of wheat within a very short time. To ensure the supply of quality raw materials to producing flour items, AEL has also been involved in importing of wheat for its own production and for trading purpose where the most of the imports were from Australia and India. Wheat www.akijresources.com 22
The annual import of Yellow Peas is around 0.6 million mt in Bangladesh where the local production is stagnant at 7,000 mt as per the data of Bangladesh Bureau of Statistics (BBS). With the vision to bring everyday essential foods closer to the consumers, AEL engaged itself in importing of Yellow Peas recently where around 41,000 mt peas import was from Russia. Yellow Peas (other Grains) Why Essential? Own marine and inland logistics support that ensures availability of high-quality raw materials Own trading and direct contacts with suppliers ensures consistent product quality Large distribution network ensuring timely delivery Experienced people maintaining the process ensuring quality service www.akijresources.com 23 Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Factory: Baipur, Chobbish Nagor, Rajshahi [email protected] youreverydayessentials.com /FindYourEverydayEssentials 08 000 555 777
logistics & others ‘efficiently & sustainably transporting and packing goods’ www.akijresources.com 24
Akij Shipping Line Limited (ASLL) was established in September 2010. Specialized in the transportation of dry bulk cargoes globally, the initial motto of ASLL was to be the backbone of for all the other businesses of the group. ASLL is a pure dry bulk cargo operator with a highly- experienced team from major operating houses across the globe. We take pride in operating a diverse fleet of modern dry-bulk carriers managed by a team of 750+ experienced and dedicated professionals both onshore and offshore. With a fleet of 10 ocean-going mother vessels and 35 lighter vessels and global offices in both Bangladesh and Singapore, ASLL is one of the major player in the shipping business of the country. ASLL has single deck bulk carriers’ deadweights ranging from around 45,000 mt to 76,000 mt in the name of Akij Noor, Akij Pearl, Akij Moon, Akij Ocean, Akij Glory, Akij Star, Akij Globe, Akij Heritage, Akij Wave and Akij Noble. It provides services like chartering, trading, ship agency, crew and technical management. Mostly carrying Clinker since its inception to support Akij Cement – one of the core businesses of ARL, ASLL has also been contributing to the group by carrying Soybean Seed, Aggregate, Limestone, Slag, Coal, Gypsum and other items. Akij Shipping Line Limited www.akijresources.com 25
Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Singapore Office: Singapore Land Tower, 50 Raffles Place, Level 19, Room-08, Singapore 048623. [email protected], [email protected] /akijshipping.com /Akijshipping 08 000 555 777 Our Services Chartering Trading Ship Agency Crew Management Technical Management www.akijresources.com 26
Market demand of ploy fiber bags are growing rapidly for its usage in the cement sector. Previously, cement bags were made of paper which in time has been replaced by poly-propylene for its durability and cost efficiency. Following the massive economic and infrastructure development of the county, cement industry is also growing rapidly in Bangladesh. Which resulted in creating a huge demand of poly fiber bags. The Unit-1 of Akij Poly Fiber Industries Limited (APFIL) has started its journey in 2006. The commercial production began in 2009 with the initial monthly capacity of 4 million bags. To keep up with the ever-growing market demand of poly fiber bags, Unit-2 of APFIL was introduced in 2017 with the initial monthly capacity of 4.5 million bags. Products of APFIL includes Adstar Bag or Valve Sack, Raffia Bag and Stitch Bag all of which are customizable as per customer demand (length, width and weight). The modern laboratory facility including equipment i.e. Tinsel Strength Tester machine, MFI Tester, Air Permeability Tester etc. helps ensure the desired quality of the product. APFIL prides itself as one of the leaders in the AD*STAR bag producer. The latest technology and equipment from Starlinger, the world leader in the field of machinery and process technology for woven plastic sack production is one of the strengths of APFIL. Akij Poly Fiber Industries Limited www.akijresources.com 27
Our Products Adstar Bag / Valve Sack (customizable) Raffia Bag (customizable) Stitch Bag (customizable) Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 Factory: Nabigonj, Kadam Rasul, Bandar, Narayanganj. [email protected] /akijpolyfibre.com //apfil 08 000 555 777 Why APFIL? Best quality raw materials World class latest machinery Modern laboratory facility with latest equipment Own logistics support www.akijresources.com 28
IT & communication ‘driving results, making business simple’ www.akijresources.com 29
BluePill Limited (BPL) offers Business Process Outsourcing Solution, Consultancy Services, IT Solution, Customer Service & Support along with other mainstream services. BPL’s highly competent industry expertise and well-cultivated offshore liaison(s) allows it to remain committed to providing maximum value, high quality and low-cost business processing and IT services. BPL is a leading information technology, consulting and business process services company in Bangladesh. Since its inception in 2014, BPL has been providing a full range of outsourcing and IT services to businesses both large and small. BluePill Limited www.akijresources.com 30
www.akijresources.com 31 Contact Us Head Office Akij House, 198 Bir Uttam Mir Shawkat Sarak, Gulshan Link Road, Tejgaon, Dhaka 120 [email protected] /bluepill.com.bd /bluepillltd 08 000 555 777 Our Services Business process outsourcing solution IT services Consultancy service Customer service & support Cloud infrastructure Automation & industrial engineering Document management service Industries We Cover Consumer good & distribution Manufacturing Retail Travel, transportation & hospitality
Intelligent Business Operating System (iBOS) is a tech-wing of ARL which was formed with a pool of talented engineers delivering the effective business software solution. With a vision of taking the businesses of all segments to a simpler level, iBOS team has brought in some solutions grabbing the appreciations of numerous organizations across the nation. The software wing of the former Akij have been working on business process simplification for quite some time where more than 35,000 employees are being benefited already. iBOS has this strong heritage to carry forward. Along with creating ERP software for large organizations, iBOS have also developed an all-in-one SME business solution. Currently it has enriched it’s product line with solutions like iBOS SME for medium and small scale business, People Desk for HR management, iBMS for billing, iBOS RTM for distribution management. www.akijresources.com 32 Intelligent Business Operating System
www.akijresources.com 18 Our Products iBOS Enterprise iBOS SME PeopleDesk Prime VAT iBOS RTM Our Clients Madina Group Uttara Group of Industries Fit Food Akij Cement iFarmer Akij Agro Processing Factory Akij Food & Beverages Limited Akij Shipping Line Limited Arshad Import & Export Akij Textile Mills Limited Akij Ceramics Limited Apon Wellbeing Limited Platform Solutions Limited Akij Poly Fiber Industries Limited Akij Flour Mills Limited Contact Us Head Office 6/2 Kazi Nazrul Islam Rd,, Dhaka, Bangladesh [email protected] /ibos.io /iboslimited 08 000 555 777 www.akijresources.com 33
www.akijresources.com 3418 Corporate Sustainability ProfilE We, ARL promote the essence of sustainable business. ARL works tirelessly to responsibly conduct business and is committed to achieving business excellence through adopting the triple bottom line concept of Profit, People and the Planet to recognize & evaluate financial, social and environmental impact & performance continually. ARL developed a well-structured and well-defined sustainable business strategy. The goals and objectives are fully compatible with the strategic direction and the context. To accomplish the objective, ARL promotes utmost utilization of resources & all efforts initiatives especially highest priority on Quality, Social, Ethical, Environmental, Health & Safety, Food Safety, Technical or Security compliance & sustainability. ARL intend to work closely with valued customers, suppliers & business partners to reduce their risks and improve the transparency of the supply chain and also encourage establishing effective internal systems to accomplish the sustainability reequipment also makes every effort to create long-term value business value with the engagement of all employees, community, society, environment and other stakeholders who feel respected, safe and loyal.
www.akijresources.com 3518 The Essence Compliance with laws and workplace regulations- Ethical & Fair Business Practice Prohibition of forced labor- Employment is freely chosen Prohibition of child labor Prohibition of harassment or abuse Compensation and benefits as required by law- Ensure Fair Remuneration Working hours as limited by law- Working hours are not excessive Prohibition of discrimination & Fair Disciplinary Practices Health and Safety- Working conditions are safe and hygienic Worker Participation Committee- Ensuring Worker Participation Environment Protection Ensure Security Integrated Management Systems (IMS)- Establish ISM
www.akijresources.com 36 Sustainability Through Integrated Management System (IMS): ARL continuously implements Integrated Management System (IMS) in line with ISO 9001:2015 (Quality Management Systems) ISO 14001:2015 (Environmental Management Systems), ISO 45001:2018 (Occupational Health & Safety Management Systems), and ISO 22001:2018 (Food Safety Management Systems). Sustainability in Quality & Technical Compliance & Management ARL seamlessly conforms to all quality & technical requirements of the process, product, and services by implementing ISO 9001: 2015 (Quality Management System), TQM-TPM (Lean Six Sigma, etc.) Define & enhance all processes by using sustainable technology tools & methods. Producing products & complying with quality according to BSTI Guidelines or International Product Quality & technical Standards & requirements Improving quality, Meeting customer requirements, and satisfaction Achieve intended performance & Continual Improvement Sustainability in Health & Safety Compliance- and Management ARL is ardent to implement ISO 45001:2018 Health & Safety Management system Protect health & safety, control hazards, reduce risk, prevent injury, accident & ill-health, and ensure a healthy working environment. Continually improve health & safety performance Objective to Life & Asset Safety (Electrical, Fire & Machine Building, and Structure Safety)
www.akijresources.com 3718 Sustainability in Environmental compliance and Management ARL is devoted to establishing ISO 14001:2015 (Environmental Management System) and ISO 50001:2018 (Energy Management systems by conforming Prevent Pollution, Protect the Environment, and Conservation of natural resources. Continually improve environmental & energy performance (reduce energy consummation & costs) Safe Water & Reduce greenhouse gas emissions (carbon footprint) Food Safety Management System ARL is now an emerging FMGC-based conglomerate in Bangladesh, especially in Food products. ARL Conforming to the requirements for Food Safety Management System/FSSC/ISO 22000 regulation & Standard code of practices by ensuring- Controlling hazards and ensuring the consistent quality and safety of food products Covers the HACCP principles and Good Manufacturing Practices (GMP) Sustainability in Security Compliance ARL confirms security compliance & management as per the scope & context of the company. We always ensure establishments' security and cybersecurity by regular monitoring and assessing assets, facilities, resources, systems, devices, information, and networks.
08 000 555 777 /akijresources.com /akijresources AKIJ RESOURCES LIMITED Corporate Headquarters: Akij House, 198 Bir Uttam Mir Shawkat Sarak, (Gulshan-Tejgaon Link Road), Tejgaon, Dhaka-1208 E: [email protected] COMPANY PROFILE 2022