Misplaced Pages

Kohinoor Chemical Company (Bangladesh) Limited

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
Kohinoor Chemical Company (Bangladesh) Limited
Formation1956
HeadquartersDhaka, Bangladesh
Region served Bangladesh
Official language Bengali
Websitekohinoor-bd.com

Kohinoor Chemical Company (Bangladesh) Limited (Bengali: কোহিনূর কেমিক্যাল কোম্পানী (বাংলাদেশ) লিমিটেড) is the oldest cosmetics and soap manufacturer in Bangladesh. It is owned by Orion Group, a large diversified conglomerate whose chairman is Mohammad Obaidul Karim. Md. Rezaul Karim is the managing director of the Kohinoor Chemical Company (Bangladesh) Limited.

Its brands have been described as popular among "middle-class and rural people" of Bangladesh. It is listed on the Dhaka Stock Exchange and Chittagong Stock Exchange. It has the second largest share of the soap market in Bangladesh after Unilever Bangladesh Limited, subsidiary of Unilever, with 50 percent.

History

Kohinoor Chemical Company (Bangladesh) Limited was established in 1956 at Tejgaon Industrial Area, Dacca.

In 1971, the company was nationalized after the Independence of Bangladesh from Pakistan and placed under Bangladesh Chemical Industries Corporation. It became a public limited company in 1998. The operations in Pakistan continue as Kohinoor Chemical Company (Pvt) Ltd, a separate company.

Orion Group bought the state owned Kohinoor Chemical Company (Bangladesh) Limited, a deal made possible by the close friendship of the group chairman with Prime Minister Khaleda Zia, in 1993. At the time, Kohinoor was listed on the stock exchange and making a profit. He was also close to Bangladesh Nationalist Party politicians Tarique Rahman, son of Prime Minister Khaleda Zia, and Harris Chowdhury, political secretary of Khaleda Zia. Orion inflated the share prices before the 1996 stock exchange crash which prompted an investigation by the Bangladesh Securities and Exchange Commission. The company did not pay a dividend till 2005.

The company had a 19 percent growth in 2023 outperforming it's competitors.

Brands

  • Fast Wash
  • Sandalina
  • Tibet
  • Bactrol
  • Xpert
  • Beautina
  • Ice Cool
  • Clean Master
  • Fruity
  • Am Pm
  • Genster
  • Wiper

References

  1. "Top FMCG Companies in Bangladesh: At a Glance". unb.com.bd. Retrieved 2024-09-09.
  2. "Orion Group : : About Us". www.orion-group.net. Retrieved 2024-09-09.
  3. "36th AGM of Kohinoor Chemical Company (BD) held". Jagonews24.com. 11 December 2023. Retrieved 8 September 2024.
  4. ^ "Kohinoor Chemical on growth path, while peers take a blow". The Financial Express. Retrieved 2024-09-09.
  5. "Kohinoor Chemicals posts 16.5% jump in profit in July–March". The Daily Star. 2023-05-02. Retrieved 2024-09-09.
  6. "CSE Shariah Index revised". The Financial Express. Retrieved 2024-09-09.
  7. "Beauty soap market jumps four times in 10 years". businesspostbd.com. Retrieved 2024-09-09.
  8. ^ "Kohinoor Chemical Company LTD". kohinoor-bd.com. Retrieved 2024-09-09.
  9. Regional Trade Directory: Iran-Pakistan-Turkey. Madatali Karamali. 1968.
  10. "Tibet » Contact". Retrieved 2024-09-09.
  11. ^ "Scamster Obaidul Karim gets 5 years". The Daily Star. 2008-08-13. Archived from the original on 8 November 2016. Retrieved 2016-10-29.


Stub icon

This article about a Bangladeshi organisation is a stub. You can help Misplaced Pages by expanding it.

Categories: