Beximco Group

Beximco Group

Beximco Group is supposed to be Bangladesh’s largest private sector industrial enterprise. It has targeted the industries the country needs most for progress and improved living standards. Beximco is also focused on those industries, which make the most of Bangladesh’s competitive advantages in the international market. Through its ongoing growth, it has created industrial and management capabilities that will serve the country for generations. BEXIMCO’s industrial sector includes jute, textiles, basic chemicals and pharmaceuticals and marine foods. Non-industrial undertakings are focused on real estate and construction, engineering, media, information technology, trading and financial services.

BEXIMCO Group is the largest private sector industrial conglomerate in Bangladesh engaged in diverse business areas. BEXIMCO comprises of five publicly listed companies and sixteen private companies. The Group turnover in 2008 was BDT 18.5 billion. BEXIMCO employs 35,000 people and has 230,000 shareholders. BEXIMCO’s shares constitute 4.84% of the market capitalization of DSE. 

History of BEXIMCO:                                       

Since independence Bangladesh has come a long way, and the Beximco Group of Companies is honored to have had a role in the development of its parent nation. The Group has worked with a simple philosophy; identify an important need and then do everything possible to successfully satiate that need, in a manner which best facilitates the well being of the nation. As a result Beximco has focused on those industries which give Bangladesh a competitive advantage in the global market place in many cases creating the industries for the first time in the region. Throughout its four and a half decade journey the Group has been one of the leading innovators in the country. Presently Beximco Group comprises twenty one companies of which five are listed with the Dhaka Stock Exchange employing over 35,000 personnel and is the largest private sector industrial conglomerate in the nation. . In the course of its growth, it has created industrial and management capabilities that will serve the country for generations to come. It was the first local conglomerate to embrace an international corporate structure which is the foundation of its success. BEXIMCO’s industrial businesses include jute, textiles, basic chemicals, pharmaceuticals, and ceramics. BEXIMCO’s non-industrial undertakings are focused on real estate and construction, engineering, media, information technology, trading and financial services. It is the creation and expansion of businesses critical to Bangladesh development, businesses, which are developed and run by Bangladeshis, businesses that develop technologies and practices specific to the needs of the country, which is the defining characteristic of the BEXIMCO story.

 Mission:

Each of their activities must benefit & add value to the common wealth of their society. They firmly believe that, in the final analysis they are accountable to each of the constituents with whom they interact; namely; their employees; their valued customers, their suppliers, their business associates, their shareholders & their fellow citizens.

Board of Directors:

A S F Rahman is Chairman of the Beximco Group, the largest private sector industrial group in Bangladesh. During the past 45 years A S F Rahman has played the leading role with his brother, Salman F Rahman, in building up the Group’s industrial and service activities. He has presided over an expansion and deepening of the Group’s interests, leading the flagship investments in textiles. The Group has been on the cutting edge of new technology and innovation in Bangladesh with an emphasis on Total Quality Management and international standards of corporate governance. With the Group’s exemplary performance in exports A S F Rahman has been awarded Presidents’ Export Trophy on several occasions. In addition to accomplishments as Chairman of the Group, he has-been active in continuously developing strategies targeting social welfare and poverty alleviation across the country.

Salman F Rahman Deputy Chairman, Beximco Group Mr. Salman F Rahman, the Deputy Chairman of the Beximco Group, has been one of the driving forces in the emergence of the Group as the largest industrial entity operating in the private sector in Bangladesh today. For the past four and a half decades he has been working closely with his brother, pioneering and expanding operations in a varied number of sectors particularly pharmaceuticals, ceramics, media and property development. But aside from his role as the Deputy Chairman of the group Salman F Rahman has had an ever increasing role in expanding the corporate climate and enhancing the role of corporate governance in the nation. His service to the business community is exhibited by his terms of Presidency of The Metropolitan Chamber of Commerce and Industry, Bangladesh Aushad Shilpa Samity, Bangladesh Textile Mills Association, The Federation of Bangladesh Chambers of Commerce and Industry and the SAARC Chambers of Commerce and industry. He is also the founder and chairman of the Bangladesh Enterprise Institute, a leading think tank on economic and social policy. He has also applied this tireless dynamism for social welfare and is an active philanthropist extraordinarily active in supporting and working with poverty alleviation and human rights groups. One of the main corporate facets which the Beximco Group brought into the business environment of Bangladesh is its emphasis on Corporate Social Responsibility and an active involvement in regional and national activities. Mr. Rahman is also the Chairman of the Abahani Krira Chakra a leading sporting club.

Human Resource Department:

The team of Human Resources and Compliance department in BEXIMCO consisting of highly qualified and vastly experienced personnel having appropriate training from both home and abroad made the department absolutely equipped with all necessary policies, guidelines, Standard Operating Procedures (SOPs), Job Descriptions, training materials, Code of Conducts (CoCs) that the continuous development of human resources is also taking place simultaneously throughout each and every section of the company. The company, as invests for recruiting and retaining the qualified human resources, similarly spends a considerable amount of money and efforts after developing the skill levels and efficiencies of the human resources by arranging regular training courses and programs

for the employees. A separate training section is also working with necessary logistics and accommodation for providing necessary training for both the workers and officers, which has already earned an envious reputation among the competitors and made us a different among others in regard to the methods and techniques of developing the human resources which contributes in achieving the market share and leadership in the industry. The tangible and intangible benefits and facilities provided to the employees of BEXIMCO including the working conditions, physical infrastructures, accommodations and dormitories, arrangements for leisure and amusements. in the Beximco Industrial Park made the company a completely different type of employer acknowledging which the employees are also devoting their whole hearted and sincere efforts for each and every step of the production starting from sorting of cotton up to the shipping of the RMGs.

The transparency of management and the broad and open accessibility of employees enable both the parties to maintain a harmonious relationship and to reciprocally remain besides and make them feel a part of the team forthe improvements of production in quality and quantity for the ultimate development of the company as well as the division which also increases the aptness of the employee in their work. The Human Resources Department of BEXIMCO disseminates the achievements, recognitions, events &happenings within the company through publishing of Textalk, a monthly newsletter of the company.

The Textalk ensures the communications between all concerned including the buyers community that has tremendously been acknowledged as the Spokesperson of the company. Beximco Ltd. gives some facilities for their employees,

• Dormitories for the work force and Residential Buildings for the management staff provide housing for the employees and Beximco is the first of our kind in Bangladesh to provide accommodation facilities for their employees.

• A production and accommodation facility includes full time supply of safe drinking water, adequate lighting and ventilation facilities.

• Free meals, Free transportation, 24-hour medical center, on-site sports and recreational facilities encourage our motivated team to serve our customers full heartedly.

• ETI codes according to the Local Law (Bangladesh) are very well practiced in our manufacturing facilities.

• Freedom of Association

• Safe Working Conditions· No Child Labor

• No bonded Labor

• Reasonable Working Hours

• No Discrimination

• Regular Employment· No Harsh Treatment

Profile of BEXIMCO Textile:

CORPORATE HEADQUARTERS:         17 Dhanmondi R/A, Road No. 2
Dhaka -1205, Bangladesh
Phone: 880-2-8611891-5, 8618220-7
9677701-5, 7701165
E-mail: beximchq@bextex.net
Web Site: www.bextex.net

OPERATIONAL HEADQUARTER:                               BeximcoIndustrial Park, SaraboKashimpur, Gazipur , Bangladesh .

FACTORY:                                                                           Sarabo, Kashimpur, Gazipur

DATE OF INCORPORATION:                                         30 May, 1984

COMMERCIAL PRODUCTION:                                                 1990

BUSINESS LINE:                                                                Manufacturing and Marketing of Yarn, Woven, knit and Denim Fabrics.

LISTING STATUS:                                                                         Public Listed Company.

STOCK EXCHANGE LISTING:                                      Dhaka and Chittagong .

AUTHORIZED CAPITAL IN BDT:                                 3,000 Million Taka

PAID UP CAPITAL IN BDT:                                            1,882.50 Million Taka

NUMBER OF SHAREHOLDERS:                                   37,929

NUMBER OF Woven LOOMS INSTALLED:                 293

NUMBER OF Spindles INSTALLED:                             119,520

NUMBER OF Denim LOOMS INSTALLED:                 56

NUMBER OF Circular knit Machine INSTALLED:      30

PRODUCTION CAPACITY:                                            28 Million Linear Meters

NUMBER OF EMPLOYEES:                                            5,181

Division of BEXIMICO group

BEXIMCO Textile Division

BEXIMCO Textile Division consisting of 7 industries having the capability to offer a complete product range for the export and domestic textile markets. BEXIMCO Textiles Ltd. (BTL) is the most modern composite mill in the region. BTL has an installed capacity of 288 high-speed air-jet looms in its weaving section and a high-tech dyeing and finishing section with a capacity of 100,000 yards of finished fabric per day. BEXIMCO Knitting Ltd. Is a state of the art composite knit fabric production mill, which serves the growing needs of high-quality knit garments exporters in Bangladesh? BEXIMCO Denims Ltd. was set up to capitalize on Bangladesh’s growing volume of high-value-added niche garments. BEXIMCO Fashions Ltd., a 100% export oriented garments factory is located in the Dhaka Export Processing Zone at Savar. Padma Textile Mills Ltd. a cotton and polyester blended yarn-spinning mill, with 122,000 spindles is one of the largest spinning mills of the country. BEXIMCO Synthetics Ltd. is a polyester filament yarn and drawn texturized yarn (DTY) production unit located near the BEXIMCO Industrial Park. BEXIMCO Apparels Ltd. is another 100% export oriented garments factory of the Beximco Textiles Division. It specializes in women’s tops and men’s shirts.

Beximco ApparelsBeximco Apparels Limited (BAL) a member of Beximco Group started its commercial production in March 1985 under the name of Comtrade Apparels Limited as a joint venture project between Comtrade Limited of Lausanne, Switzerland and Beximco Group. Comtrade Apparels Limited name has been changed to Beximco Apparels Limited since January 01, 1997.

Beximco Apparels Limited is a 100% export oriented garment industry, located at Shantibagh (Rajarbagh), Dhaka. It produces over 2.5 million pcs of high quality

men’s dress/casual shirts and ladies blouses for prominent brands and retails in USA, Canada & Europe.

Beximco Apparels Limited is managed by a group of professionals’ aims at producing high quality garments through an effective quality control system right from sourcing of fabric to end product. The company employed 876 employees as of February 01, 2009.

Beximco Pharmaceuticals

Beximco Pharmaceuticals Ltd. (BPL), is the leading pharmaceutical manufacturer in the country. BPL manufactures and markets a high quality and cost-effective formulations covering all major therapeutic groups. Products are made under license of Upjohn Incorporated, USA followed. After its initial years of struggle it broke ground with the launching of its own products in 1983. Today, BPL holds a 15% share in the domestic market after competing with such Multinational Giants as Glaxo Welcome, Novartis, Hoecsht, Rhone Poulenc Rorer, Fisons etc.

Beximco Infusions

Beximco Infusions Ltd., another wing of the Chemical Division went into production in July 1993 with an annual production capacity of 6 million bottles of life saving I.V. fluids.

Pharmatek Chemicals Ltd. is the leading bulk producer of paracetamol in Bangladesh. It caters to almost 60% of the local market and supplies its products to both national and multinational companies operating in Bangladesh.

I & I Services Ltd. is the distribution wing of the Chemical Division. It maintains a large distribution network and covers 20,000 customers nationwide.BEXIMCO Jute Division

BEXIMCO Jute Division is the world’s largest jute yarn and twine manufacturer and exporter with 12% of the world jute yarn and twine trade. Annual Exports are currently over 20,000 MT.BEXIMCO was the pioneer in manufacturing specialized jute yarn and twine for Axminister carpet and continues to explore new product and market opportunities worldwide.

 BEXIMCO Real Estate

Shinepukur Holdings Real Estate Division began with a mission to segment the real-estate market and develop demographically specific housing projects. Its Manoshi lake view project is a landmark. It offers a prime location and dependable construction quality at a fraction of the costs of other developers’ offerings.

BEXIMCO Engineering Ltd. (BEL) has been providing high quality civil engineering and consulting services to both the government and the private sector for over a decade. It was the largest sub-contractor of the historic JamunaBridge. The firm is also involved in a number of road development and infrastructure projects.

Beximco Fisheries

The move of Beximco Fisheries Ltd. towards higher-yielding varieties of marine foods is another example of an innovative approach to doing things better. It nurtures a pilot project in the coastal Cox’s -Bazzar.

 BEXIMCO Trading Division

BEXIMCO Trading Division represents some of the world’s best companies. With a brand portfolio that includes Wartsilla SA (generation equipment), Arjo Wiggins (security & treasury papers) of France, and DuPont Inc. (chemicals), Sterling Diagnostic Imaging Inc. (film products) and Valvoline Inc. (petroleum products and industrial lubricants) of the USA. The Trading Division also represents overseas marine food buyers by acting as a sourcing agent on their behalf and providing quality-control and inspection services.

BEXIMCO Media

BEXIMCO Media is the owner of The daily Independent and Mukto Kantho, the dailies well-respected by readers all over the country. BEXIMCO Media’s magazines, the fortnightly Ananda Bhuban, Shaili and the weekly Onnyesha are proving a hit with an increasing number of readers. BEXIMCO has also launched a news agency called Associated Press of Bangladesh to provide up-to-date and accurate news-feeds to the Bangladeshi press.

Beximco IT

Beximco has a firm position on the Information Superhighway. Beximco Computers Ltd. is still the nation’s largest volume re-seller of IBM PCs and has also teamed up with HCL-HP of India to exclusively market HCL PCs in Bangladesh. Its software client portfolio continues to include an increasing number of blue-chip companies and organizations, including a number of “mission critical” applications in several Government Departments. With the launch of a new version of BexiBank, an integrated multi-user, multi-tasking banking application system, Beximco Computer Ltd.’s software is in use at over 300 branches of 15 major banks nationwide.

Beximco’s first venture into education, Beximco Systems Ltd. is a joint collaboration with NIIT, the largest information technology institute of India. Modeled after NIIT’s highly successful training centers across India, the NIIT Centers in Bangladesh have the highest growth rate of any NIIT facility for enrollment levels in its short courses and degree programs.

Bangladesh Online Ltd. (BOL), Beximco’s Internet Company, has the fastest access among ISPs in Bangladesh via 116 lines @33.6 kbps. BOL offers a complete range of Internet services including, 24 hours a day, 365 days a year live technical support, Complete on-site installation and user training, Simplified one click instant login, Unlimited e-mail, Unlimited web browsing, Internet news containing hundreds of the most popular newsgroups, Local video conferencing, Game server for high speed, 24 hours interactive gaming on BOL Gaming Zone (BGZ), Massive FTP site full of the hottest free games & software, Interactive chat exclusive for BOL members, and a Full service web site containing links to valuable information, powerful members tools, cool demos & help files. It’s Email to Fax Service saves costs on Faxing as well.

Shinepukur Ceramics

Shinepukur Ceramics in collaboration with NIKKO, a premier Japanese Company, manufactures and markets high quality porcelain and Bone china tableware . It promotes elegance and distinction for both internets.

In Harmony with Nature:

Beximco believes in sustainable development and gives highest priority top reservation of nature and ecological balance. The entire industry site is harmoniously integrated with the surrounding landscape and the native ecosystem of the area has been delicately preserved. Beximco have Biological Treatment and Energy Conservation Program. State-of-the-art technology has been used in the effluent treatment plant in their dye house for biological treatment of waste. Beximco also use comprehensive energy conservation program. This feeds back all recyclable energy into our various systems, especially for our air-conditioning purpose. Their investment in this program has made us energy efficient and environmentally conscious entity.

Feed Back:

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Beximco Bangladesh Ltd. one of the largest group of companies in our country. Beximco Group is supposed to be Bangladesh’s largest private sector industrial enterprise. It has targeted the industries the country needs most for progress and improved living standards. Beximco is also focused on those industries, which make the most of Bangladesh’s competitive advantages in the international market.

Yellow

Yellow is one of the largest clothing stores in Bangladesh of Beximco Bangladesh Ltd. The store is very popular among the present and young generation for unique collection of designs, specially Punjabis and shirts for men and maintains the modern fashion trend. The quality of its product is extremely good as it has been successful to keep old customers always coming. The name YELLOW, itself has now become a distinct clothing brand in Bangladesh and the credit goes to its exclusive collection and comfortable products.

Executive Say: ABOUT themselves

Yellow is a design driven brand that celebrates creative and original thinking to highlight a lighthearted and optimistic view of life through a superior quality product. Our style captures a modern interpretation of fashion and our relaxed attitude expresses a comfortable and confident quality. The adventurous spirit of the line is built from Beximco Group’s heritage in innovation and living a life full of passion that is open to discovery.

We are inspired by our customers; Unconventional yet high-quality. Progressive yet tastefully casual—Yellow embraces harmony through conflict. You are a confident, intelligent and successful individual who believes in making his own destiny. Your clothing reflects your personality.

You dress creatively, and are not afraid to wear a crisp dress shirt with a pair of jeans to the office. You reflect a confident quality through your cool, comfortable and relaxed attitude.

Yellow compliments your lifestyle by offering products for every occasion. From office mornings to an evening with friends, Yellow answers your need for individuality, quality and style by providing superior, fashion forward products. You are a stylish, intelligent and confident soul who enjoys her success.

You juggle between your home, work and social circle, and your wardrobe compliments your modern lifestyle. You are on top of the fashion trends, but carefully choose those outfits that enhance your individuality, confirm with your high standards of quality and reflect your young and lighthearted approach to life.

Yellow knows what you want. We dress you up in semi-casual attire for your business meetings, and provide the matching accessories to go with that, and then cross-compliment those to go with the head-turning and sexy outfit that you will be wearing out with your friends tonight. Yellow products are inspired by you; young, confident and successful. Yellow kid is a child of a successful couple who is inspired by the success and style of his parents. He has a sense of style and a desire to stand out among his peers. You want to reflect your personality and style through him. You want him to be cool, smart and trendy. This is where Yellow steps in, by providing clothing and accessories for the kids, which are an annex of the parents’ personality.

YELLOW OUTLETS

Beximco Apparels Limited (BAL) a member of Beximco Group started its commercial production in March 1985 under the name of Comtrade Apparels Limited as a joint venture project between Comtrade Limited of Lausanne, Switzerland and Beximco Group. Comtrade Apparels Limited name has been changed to Beximco Apparels Limited since January 01, 1997. Beximco Apparels Limited is a 100% export oriented garment industry, located at Shantibagh (Rajarbagh), Dhaka. It produces over 2.5 million pcs of high quality men’s dress/casual shirts and ladies blouses for prominent brands and retails in USA, Canada & Europe.

IN BANGLADESH

Pink City
House-15(CEN), Road-103,Gulshan Avenue,Gulshan-02,Dhaka-1212
Phone: +88 02 8855754

Bashundhara
Level-01, Block-A, Shop-56,57,67,68 Panthapath, Dhaka-1215.
Phone: +88 02 91114401 Ext:101057

Dhanmondi
House No# 17, Road No # 02, Dhaka-1205
Phone: +88 02 8616220 Ex-1017

Maghbazar
70, Outer Circular Road, Shahid Sangbadik Selina Parvin Road, Dhaka-1217.
Phone: +88 02 9357812.

Uttara
Sector-07, House No# 03, Sonargaon Janapath, Uttara, Dhaka-1230.
Phone: +88 02 666 628619

Wari

House-17/A, Rankin Street, Wari, Dhaka-1203.
Phone: +88 02 9513064.

Mohammadpur
House-02 , Ring Road , Mohammadpur, Dhaka (Opposite Japan Garden City).
Phone: +88 01717 250000

Sylhet
24/A, Rahim Palace, Kumarpara.
Phone: +88 0192 4334757

PAKISTAN

Karachi

3-C, Commercial Lane No.8, Zamzama Phase 5, DHA, Karachi, Pakistan.
Phone: +92 213 5302034-35

Lahore
Xinhua Mall: 2 nd Floor, Xinhua Mall, M.M. Alam Road, Gulberg III, Lahore, Pakistan.
Phone: +92 423 5753890-91

Fortress:
Fortress Pace, Shop No.6, Lower Ground Floor, Cantt, Lahore, Pakistan.
Phone: +92 423 6623019-20