Company Profile
Overview
Establishment Date: 5th October 2023
Registration No.: C-191386
Address: Lot No. C6, Bangladesh Special Economic Zone (BSEZ),
Sonpara, Panchrukhi Via Rupganj Araihazar, Narayanganj-1460 Bangladesh
Authorize Capital: BDT 1,10,00,00,000.00
Paid Up Capital: BDT 54,00,00,000.00
Business Activities: Textile Chemical Business
Manufacturing and distributing surfactant
for textile processing
Representative: Mr. Kotaro Takeuchi
Managing Director
Mobile Number: +8801735901417
Website: https://nctexchem.com/jp/
Contents
Project Summary: 2
Scope of work: 2
Company Overview: 3
Management Philosophy: 3
History of the company: 4
Share Capital with Shareholding Structure: 4
Board of Directors (BoD): 5
Details of Auditor and Bankers: 5
Project Timeline: 5
Project Budget: 5
Project Team: 6
Business & Products: 6
Current Product offered by NICCA BANGLADESH CO., LTD.: 13
Raw Material List: 15
Production technology 15
List of Machineries: 16
Production Process: 17
Risk Assessment: 19
Environmental and Sustainability Impact: 19
Stakeholder Engagement: 20
Project Benefit: 21
Financial Forecasting: 22
Global Networks: 24
Contact Information: 24
Project Summary:
NICCA BANGLADESH CO., LTD. is a Private Limited Company, registered under the Companies Act 1994 with registration number C-191386 on October 5, 2023. The company is situated in Lot No. C6 within the Bangladesh Special Economic Zone (BSEZ), located in Sonpara, Panchrukhi Via Rupganj, Araihazar, Narayanganj 1460, Bangladesh (13,602㎡). NICCA BANGLADESH CO., LTD. is a dynamic enterprise engaged in a wide range of activities related to the chemical industry.
The core focus of NICCA BANGLADESH CO., LTD. is the sale, manufacture, purchase, processing, importing, exporting, licensing, research, development, stock management, distribution, testing, and other related activities involving various types of chemicals, ancillary products, and intermediaries. These activities span diverse applications, encompassing but not limited to textile chemicals, specialty chemicals, performance chemicals, laundry chemicals, infection control chemicals, advanced materials, hair care products, and textile processing materials.
The company's product portfolio is designed to cater to multiple sectors, including textiles, garments (RMG), textiles, and yarn. This comprehensive approach positions NICCA BANGLADESH CO., LTD. as a versatile player in the chemical industry, offering innovative solutions to meet the evolving needs of various industries.
With a commitment to quality, innovation, and sustainability, NICCA BANGLADESH CO., LTD. is poised to make a significant impact in the chemical sector, contributing to the development of Bangladesh's industrial landscape while maintaining a global outlook. The company's strategic location within a Special Economic Zone further enhances its competitive advantage, making it an attractive partner for businesses seeking chemical solutions and services in Bangladesh and beyond.
Scope of work:
The company intends to engage in a wide range of activities related to the chemical and textile industries, both domestically and internationally. These activities can be summarized as follows:
Sale, manufacturing, purchase, processing, and distribution of various types of chemicals and related products, including textile chemicals, specialty chemicals, performance chemicals, and more. This may involve acquiring businesses, assets, and equipment as well as conducting research and development.
Production, processing, manufacturing, importing, exporting, and dealing in organic and inorganic chemicals, chemical compounds, chemical products, and construction materials. The company may also engage in manufacturing contracts, including chemicals related to textile and garment industries.
Offering advisory and consulting services in the field of textile chemicals and other chemical products. This includes technical support, quality control, and testing services to ensure compliance with industry standards and customer specifications.
Manufacturing and trading in machinery for textile printing, finishing, dyeing, and chemical and lab equipment. The company may also conduct research in textile chemicals and establish a research laboratory for innovation.
Promoting environmental sustainability in the textile and chemical industries, developing eco-friendly chemicals, and offering consultancy on sustainable practices. Additionally, the company may engage in the distribution of various chemical products, including those for human and animal use.
Establishing a chemical factory for export and domestic sales, along with a bonded warehouse facility for storing various chemicals and materials. This includes warehousing services, inventory management, and value-added services like blending and quality testing.
Manufacturing, importing, exporting, and supplying a wide range of chemicals, including dyes, printing agents, thickeners, binders, and more, to ensure compliance with environmental regulations.
In summary, the company aims to operate in the chemical and textile industries by manufacturing, distributing, and innovating various chemical products while promoting sustainability and providing related services. The company will acquire the land, build a warehouse and set up manufacturing facilities in BSEZ, and have a plan to hire 30 local employees by 2030.
Company Overview:
The global apparel market is about 1.5 trillion USD and will continue to grow at an annual rate of 5% (consumption is about 0.9 trillion USD in Europe, the United States and in China).
On the other hand, the production/export share of fabrics and apparel is 80% in China, ASEAN and Southwest Asia. From a medium- to long-term perspective, production will shift from China to ASEAN and Southwest Asia.
Bangladesh's apparel exports are expected to grow from 40 billion to 100 billion USD (2030), and the market is expected to grow further.
In 2014, NICCA established a representative office in Bangladesh where the apparel industry is the country's main industry (80% of all exports are apparel products).
While NICCA’s competitors are considering entering the market via active foreign investment, NICCA will also move into the local production phase to expand business and market share.
Management Philosophy:
Always aim to be a respectable company, worthy of being chosen by customers, employees, shareholders, and society.
Our vision: To be the most respected innovation company for customers all over the world.
Company motto:
-We will serve our customers: We constantly supply high quality which excites us and our customers.
-We will try our best to develop our company: We constantly evolve and grow.
-We wish for the happiness of all employees: We will create an environment in which every one of us can work creatively.
Guiding Precepts:
-We will always be sincere: Hold high ambitions and deal sincerely in all matters.
-We will never fail to be diligent: Challenge everything aggressively and raise our own level.
-We will never hurt our credibility: Make our best effort every day, and thereby build customer trust.
History of the company:
In 1938 Nicca Chemical Industry & Co., Ltd. was established. Headquarters: Tokyo, Japan. In 1988 HONG KONG NICCA CHEMICAL LTD. was established in Hong Kong.
Business: NICCA Chemical is primarily engaged in the development, manufacture, and sale of a wide range of chemical products. These products are used in various industries, including textiles, cosmetics, and industrial materials.
NICCA CHEMICAL offers a diverse range of products and services, including but not limited to:
Textile Chemicals, Cosmetics Ingredients, Functional Materials, Pharmaceuticals, Chemicals for Electronics.
Share Capital with Shareholding Structure:
The Authorized Share Capital of the Company is Taka 1,10,00,00,000.00 (One Hundred Ten Crore Taka) 11,00,00,000 (Eleven Crore) Ordinary Shares of Taka 10/= (Ten Taka) each. Total issued and Paid-up Capital of Taka 54,00,00,000.00 (Fifty Four Crore Taka Only).
Name of the Subscribers
Number of Shares taken
by each subscriber
Percentage of Shares
Paid up Capital
1._ NICCA CHEMICAL CO., LTD. Address: 4-23-1 Bunkyo, Fukui City, Fukui Prefecture 910-8670, Japan.
5,39,99,000
99.9815%
BDT. 53,99,90,000.00
2. HONG KONG NICCA CHEMICAL CO., LTD.
Address: Unit 1608 & 1610, Profit Industrial Building No. 1-15, Kwai Fung Crescent Kwai Chung, N.T., Hong Kong.
1,000
0.0185%
BDT. 10,000.00
Board of Directors (BoD):
There are three members in the Board of NICCA BANGLADESH CO., LTD. They are Setting the company's strategic direction and long-term goals as well as responsible for policy-making and overseeing the management functions. Name and Designation of the board members are mentioned below:
1. Mr. Yasumasa Emori, Chairman
2. Mr. Atsutaka Kobayashi, Director
3. Mr. Kotaro Takeuchi, Managing Director
Details of Auditor and Bankers:
The name of the proposed Auditor is Ahamed Shamim & Co. (ASC), Chartered Accountants
Address: House – 1/B, Flat-1A, Block-I Road No. 8, Dhaka 1213.
NICCA BANGLADESH CO., LTD. is doing Banking with Hongkong and Shanghai Banking Corporation (HSBC) at House No SWG-2 Avenue, Dhaka 1212.
Project Timeline:
Since NICCA BANGLADESH CO., LTD. is a new entity in Bangladesh it is building the factory in Bangladesh. Construction of the factory will be started on Feb-24 (projected time). The Duration of construction is 10 months (projected time) and the expected construction completion date is Dec 2024 (projected time). The Commercial Operation Date (COD) will be Jan 2025.
NICCA BANGLADESH CO., LTD. takes the lease for 50 years. The company is planning to continue the factory for 50 years. Based on the Business environment, company will make the decision of the expansion of the project.
Project Budget:
In 2024, NICCA will proceed with the establishment and construction of the Company. The investment amount is USD 6 million. Started business in 2025. Net sales are 11.5 million USD, cost of sales is 8 million USD, selling, general and administrative expenses such as personnel expenses are 2 million USD, therefore, operating profit is planned to be 0.63 million USD. In 2026, we plan to have net sales of 13.9million USD, cost of sales of 10 million USD, selling, general and administrative expenses such as personnel expenses of 2 million USD, and therefore, operating profit of 1.2 million USD.
Project Team:
In order to NICCA to expand business into Bangladesh, NICCA President Yasumasa Emori was appointed as Chairman of the company. In addition, Kotaro Takeuchi, who has been developing the market in Bangladesh, was appointed as Managing Director. Atsutaka Kobayashi, General Manager of NICCA Textile Chemicals Division, who has also supported business in Bangladesh, was appointed as Director. 10 local staff members of the representative office will be transferred the Company.
Core Technology:
Surface science - our core technology, we will respond to diversifying needs using this. NICCA CHEMICAL's key technology is surface science.
Business & Products:
NICCA Chemical is a manufacturer of surfactants with two business domains: Chemicals and Cosmetics.
Chemicals: Business based on surface chemicals [Textile Chemicals, Specialty Chemicals, Performance Chemicals, Laundry Chemicals, Infection Control Chemicals, Advanced Materials]
Cosmetics: Business based on hair science [Hair care products, Styling products, Hair coloring products, Perm products].
NICCA Bangladesh has a plan to do business in Bangladesh for the below products. Over the period of the NICCA Bangladesh will expand its products based on the demand in Bangladesh.
Textile chemicals
Total support for textile processing is provided
through the technology that has been cultivated since our founding. Contributing to the development of the global textile industry.
We provide products that meet diverse needs in each process of preparation, dyeing and finishing.
Category
Series Name
Oiling agent (Lubricant)
NK OIL
LIPO-OIL
Scouring agent
SUNMORL
Bleaching stabilizer
NEORATE
Chelating and Dispersing agent
NEOCRYSTAL
Penetrating agent for alkali reduction and mercerization
NEORATE
Defoaming agent
TEXPORT CF-90
In-bath quality improver
TEXPORT
Leveling agent
NICCA SUNSOLT
NEWBON
Soaping agent
ESKUDO
SUNMORL
LIPOTOL
Fixing agent
SUNLIFE, NEOFIX
Light fastness improver
SUNLIFE
Machine cleaner
NICCA SUNCLEANER
Water absorbing quick dry agent
NICEPOLE
Anti-static agent
NICEPOLE
Fluorocarbon based water and oil repellent, Soil-release agent (SR)
NK GUARD
Silicone based water repellent
NEOSEED
DRYPON
Flame Retardant
NICCA FI-NONE
Softener
NICCA SILICONE
SUNSOFLON
EVAFANOL
Napping agent
SHEARLON
Stiffener
KASESOL
Anti-bacterial agent
NICCANON
Anti-odor agent
KIRAKURU
Japan's textile processing technology is a global leader among the world's textile industry.
NICCA CHEMICAL is a leading manufacturer of all textile processing chemicals that are essential to the process of textile products, from spinning, weaving and knitting to scouring, bleaching, dyeing, printing and finishing. We will work to develop processes and products that can contribute to the provision of new added value to textile products and the reduction of environmental impact.
Specialty Chemicals/Professional Cleaning/Medical Cleaning Agents
Expanding our business into a wide range of fields through organic synthesis, polymers, and surface control technologies.
Agents for Pulp & Paper
Series Name
De-inking agent
LIPOBRIGHT
Softening agent
MUSCUT
LAFINESSE
Dryer releasing agent
SLIVER
Felt cleaning agent
NICCA SUNCLEAN
Flame Retarding agent
NICCA FI-NONE
De-foaming Agent
FOAMLEX
Metalworking Chemicals
Series Name
Spray detergent
NICCA CLEAR SP
Detargent for dipping and ultrasonic
NICCA SUNCLEAN L
Detergent for aluminum-type material
NICCA SUNCLEAN A
Anticorrosion detergent for steel
NICCA SUNCLEAN SP
Maintenance detergent
CITRIKLEEN
Floor detergent for maintenance
NICCA CLEAR TOP
Recording Paper
Series Name
Thermal paper developer
BP-S/FF-3
BP-S/MA-3
BPS-24C
BPS-MAE
Surfactants
Series Name
Nonionic surfactant
SUNMORL
Anionic surfactant
SUNLEX
Cationic surfactant
NICCANON
Ampholytic surfactant
AMIPOL
Based on our core surface science technology, NICCA CHEMICAL has developed technology for textile applications. From the cleaning and pulp and paper fields which have been developed since then, we have expanded our business to include cleaning materials for metals where the materials handled are textiles, as well as washing technologies for textiles. In the future, we intend to expand into new businesses by enhancing our technological capabilities in new fields such as nanotechnology based on the surface sciences that we have cultivated.
NICCA contributes to the market with high-performance and complex elements needs by legacy surface science and resin technologies. As the background, there is the recent increase in demand for safety and comfort. NICCA quickly offers a comprehensive solution with versatile technologies, such as polyurethane, fluorinated, silicones, and acrylic resins that are environmentally friendly, synthesis, hybrid technology, and advanced production technology.
Abrasive resistance, Good shock absorption, High durability, Softness
Water Repellent
Material
Series Name
Material
Series Name
Polyurethane dispersions
EVAFANOL Series
Fluorinated chemicals, Modified silicone fluid
PT Series
NEOSTECKER Series
SOILNON Series
Applications: Paint, Coating, Binder for Ink
Applications: Base oil for lubricants, Resin modifiers, Functional Coatings
Market: Mobility, Electronics, Industrial Materials
Market: Mobility, Electronics, Industrial Materials
Environmentally friendly: Solventless
Environmental friendly: Compliant with PFOA
Toughness
Oil Repellent
Material
Series Name
Material
Series Name
UV-curable polyurethane
EVAFANOL Series
Fluorinated chemicals
PT Series
Applications: Paint, Coating, Binder for Ink
SOILNON Series
Market: Mobility, Electronics, Industrial Materials
Applications: Base oil for Lubricants, Resin modifiers, Functional Coatings
Environmentally friendly: Save energy
Market: Mobility, Electronics, Industrial Materials
Low dielectric property, Heat resistance
Environmental friendly: Compliant with PFOA
Material
Series Name
Anti-blocking, Softness, Smoothness, Defoaming
Fluorinated chemicals
PT Series
Material
Series Name
Applications: Base oil for lubricants, Resin modifiers, Functional Coatings
Modified silicone fluid
Market: Mobility, Electronics, Industrial Materials
Applications: Paint and Coating additives
Environmental friendly: Compatible with PFOA
Market: Industrial Materials, Paint
Antifouling and anti-fingerprint properties
High refractive index, Optical scattering, High hardness, High coating abrasive
Material
Series Name
Material
Series Name
Silane-modified fluorinated chemicals
SOILNON Series
Ultra Dispersed Nano-diamond
Applications: Functional Coatings
Applications: Paint and Coating additives
Market: Mobility, Electronics, Industrial Materials
Market: Mobility, Electronics, Industrial Materials
Environmental friendly: Compatible with PFOA
Hydrophilic / Anti-fogging
Lubricity, Slidability
Material
Series Name
Material
Series Name
Modified silicone fluid
Fluorinated chemicals
PT Series
Applications: Paint and Coating additives
Application: Base oil for lubricants
Market: Mobility, Electronics, Industrial Materials
Market: Mobility, Electronics, Industrial Materials
High solubility
Environmental friendly: Compatible with PFOA
Material
Series Name
Applications: Paint and Coating additives
Market: Mobility, Electronics, Industrial Materials
Dry Cleaning Industry(For laundry)
Series Name
Powder detergent
NOWDAY
SIROCK
Liquid detergent
SANFRIEND
Builder
COLST
Bleaching agent
LIPO BLEACH
Laundry starch
SKIP
Smoothing agent
FAMITON
Dry Cleaning Industry(For wet system)
Series Name
Liquid detergent
SANFRIEND
Softener
BLUEMORE
ELMORE
Water and oil repellent
BARIGUARD
ABC wet system agent
WET SOAP
SOILNON
SOFSIL
WET CONDITIONER
Finishing agent of the texture like being mink fur
FAMITON
Dry Cleaning Industry(For dry cleaning)
Series Name
Pre-treatment agent
SOILAGE
Detergent and hydrocarbon
DRYSTAR
Detergent for Park
DRYSIGMA
Water and oil repellent for dry cleaning
DRY BARIGUARD
Detergent for chlorofluorocarbon
FLUORENS
FRONTAGE
Agent for linen supply
Series Name
Powder detergent
ECOMAX
Liquid detergent
HANABIAN
ECOMAX LIQUID
SANFRIEND
GREENPAL
Powder builder
COLST
Liquid builder
COLST
NEORATE
Bleaching agent
LIPO BLEACH
Softener
ELMORE
Laundry starch
SKIP
Smoothing agent
FAMITON
Quality improver for linen
ECOMAX
NICEPOLE
For wet towel
Series Name
Powder detergent
LUPICAL
Agent for facility
Series Name
Liquid detergent, Bleaching agent, Finishing agent
ECOSMILE
ESTORAL
NICCA Chemical entered the cleaning industry in 1958 by leveraging its expertise and technologies accumulated in the Textile field. Currently, we manufacture and sell products used in each process from washing to finishing in both home cleaning and linen supply fields. Based on the concept of "Environmentally Friendly agent for People and Life", we provide products that are safe and reliable for use by our customers.
Applying in-depth knowledge and technology from the textile field to shampoos, treatments, perms, and hair colors, such as washing, slipping, and dyeing. We have launched "Demi Cosmetics" with the theme of "the pursuit of natural, healthy and beautiful hair" and conducting research and development. We manufactures technical products such as hair color and permanent wave lotion that is developed to meet market's needs, while hair-care and styling products sold exclusively in salon to contribute to comfortable and affluent life.
Cosmetics
Series Name
Quasi-drugs
Series Name
Hair Care
FUSIONIST
Hair color
FUSIONIST
UTAU
ASSORT ALLIA C
Treneejo
ASSORT ALLIA S
ELEVATE
ASSORT ALLIA etre
Halema'o
SELECTIVE LINE
HAIR SEASONS aroma syrups
DEMI QUALT
HAIR SEASONS
DEVELOPER
Yunto
Perm
Uevo fige
PATAGONICOIL
Uevo hot curl
FLOWDIA
Hair straightener
Uevo fige straight
COMPOSIO Hair Care
Scalp care
FLOWDIA Scalp
COMPOSIO EQ
Biove
MILJEUM Hair Care
Biove FOR MEN
Scalp care
FLOWDIA Scalp
Biove purlym
Biove
ecrinal
Biove FOR MEN
ELEVATE
Biove purlym
Pre and post treatment
COMPOSIO
ecrinal
COMPOSIO Pro
ELEVATE
Perm
Uevo fige
Styling
UTAU
Uevo fige straight
ELEVATE
Uevo hot curl
HITOYONI
Hair color
Treneejo
Uevo Jouecara
Le POLISSAGE
Uevo design cube
DEMI QUALT ACID
Uevo design pod
Skincare
UTAU
Uevo STYLING SERIES
ELEVATE
Treneejo
Treneejo
HITOYONI
Current Product offered by NICCA BANGLADESH CO., LTD.:
NICCA BANGLADESH CO., LTD. has enough technology can ability to do business of Textile Chemicals, Specialty Chemicals, Performance Chemicals, Laundry Chemicals, Infection Control Chemicals, Advanced Materials in Bangladesh. NICCA BANGLADESH CO., LTD. has a plan to start a business in Bangladesh with the following products since there is demand for the below chemicals in the chemical industries in Bangladesh.
Sl. No.
Name of Chemical
Usages of Chemical
1
NEOCRYSTAL BD-2000
For chelation of metal ion for level dyeing of Cotton
2
NEOCRYSTAL 150
For chelation of metal ion in the cotton or polyester
3
NEOCRYSTAL BC-375
4
NEOCRYSTAL BC-75
5
NEOCRYSTAL BD-1500
6
PITCHRUN L-180
For cleaning cotton grey fabric before dyeing
7
PITCHRUN L-2
8
PITCHRUN L-4000
9
SUNMORL UM-209
10
LIPOTOL TC-300
For cleaning the disperse dyestuff on polyester/cotton blended fabric or yarn
11
SUNCLEANER V-9N
For cleaning the dyeing machine tank
12
NEOCRYSTAL BC-4500
For even dyeing for cotton yarn and fabric
13
SUNSOLT GSI
For even dyeing for polyester yarn and fabric
14
SUNSOLT PA-100 N
15
SUNSOLT RM 340 CK
16
SUNSOLT RM 340 E NEW
17
SUNSOLT RM 340 K
18
SUNSOLT YK-DB
19
CROAKS N
For fabric or yarn neutralization after cotton bleaching
20
SUNLIFE TNG
For giving a good washing fastness on nylon yarn and fabric
21
NIKOSOLT S-6 N
For giving anti-pilling function on knit fabrics
22
NICEPOLE PR-99
For giving durable absorbency to polyester material
23
NICCANON NS-30 N
For giving durable antimicrobial to any material
24
NICCANON RB
25
POLYSOFTER AQ-09
For giving soft handfeel on the cotton yarn and fabric
26
POLYSOFTER AQ-20
27
NICCA SILICONE AQ-1618
For giving softness and absorbency to cotton and other
28
NK-OIL WO-321
For giving softness to polyester yarn
29
NEOFIX RX-202
For improvement of color fading against chlorine.
30
NEOFIX IR-88
For improvement of rubbing fastness for cotton or other.
Sl. No.
Name of Chemical
Usages of Chemical
31
NEOFIX RD-1000 N
For improvement of washing fastness for cotton or other
32
NEOFIX RD-2000 N
33
NEOFIX RP-5600
34
NEOFIX RP-7000
35
SCHWATT UV-120
For improving UV absorbency and UV cut function
36
NICCA HIBITER S-121
For improvment of color fading against NOx gas
37
NICCA HIBITER S-121
38
NICCA SUNSOLT LM-7
For level dyeing of Polyester material at low Temp condition
39
NICCA SUNSOLT RM-3440
For level dyeing of Polyester material at Rapid dyeing system
40
NTW RM 340 E NEW
41
TEXPORT SN-10
For penetration and de-airing of the fabric for polyester process
42
NC ACID W-184
For pH adjustment for nylon dyeing bath
43
DYEING ACID GN-A
For pH adjustment for polyester dyeing
44
NC ACID PH-45 N
For pH adjustment for polyester dyeing bath
45
NC ACID W-4545
46
TEXPORT AC-20
For prevention of crease mark in cotton and polyester fabric during dyeing
47
TEXPORT C-110
48
TEXPORT DA-9 CONC
49
TEXPORT SA-21
For prevention of crease mark in cotton fabric during dyeing
50
ESKUDO P-770
For reduction clearing after polyester dyeing to increase the washing fastness
51
SUNMORL MC-2000
52
SUNMORL BH-2011
For scouring of cotton yarn and fabric before dyeing
53
LIPOTOL SK-150
For soaping off reactive dyestuff which did not reacted with cotton fabric or yarn
54
SK-BT
55
NEORATE PH-100
For stabilization of hydrogen peroxide in cotton bleaching
56
NEORATE PH-150
57
NEORATE PH-250
In the context of the textile industry in Bangladesh, various chemicals and processes are essential for achieving high-quality fabric and yarn production. These processes and chemicals play a significant role in ensuring the quality, durability, and comfort of textile products in Bangladesh, one of the world's leading textile manufacturing hubs. Based on the current market demand of Bangladesh, NICCA BANGLADESH CO., LTD. has set it’s business strategy with the above product.
Raw Material List:
NICCA BANGLADESH CO., LTD. will use the below raw material for running the initial production in Bangladesh. NICCA will collect the raw material from Local and foreign sources.
Sl. No.
Product Name
Production Capacity (Daily)
H.S. Code
Remarks
1
HEMATEX AD
1000
3402.90
Sodium Salt of Homo Polymer of Acrylic Acid
2
Gujmol NKS powder
1000
3402.39
Naphthalene sulphonic acid formaldehyde Condensate, sodium salt.
3
Setavin PMD
1000
3402.39
Sodium salt of poly-naphthalene sulfonic acid
4
NTA Powder
1000
2922.49
Nitrilotriacetic acid, trisodium salt, monohydrate
5
FORMIC ACID 90%
200
2915.11
Formic acid
6
ACETIC ACID Glacial 99%
200
2915.21
Acetic acid
7
CITRIC ACID
200
2918.14
Citric acid anhydrous
8
TRILON A92R
200
2922.49
Nitrilotriacetic acid trisodium salt
9
SODIUM GLUCONATE
200
2918.16
sodium gluconate
10
POIZ 530N
200
3906.90
Polycarboxylate polymer
11
NEOSINTOL BC-230
500
3808.92
Mixture
12
Sodium Hypochlorite
10
2828.90
Sodium Hypochlorite
Production technology
Production networks that connect domestic and international to meet global customer needs. Developing and producing high-quality, high-performance products on a global scale in a timely manner to meet the needs of increasingly sophisticated customers. Based on thorough production management, we have constructed a flexible production system to reduce the environmental impact of our products and to cope with the production of small quantities and many different types of products.
Reducing the environmental impact of production activities: Not only we are promoting the development of products that can contribute to reducing the environmental impact of our customers, but we are also making efforts to reduce the environmental impact of our business activities at all stages, including the prevention of global warming, energy conservation, and the reduction of waste and hazardous chemical substances. We are also working on carbon offsets and other measures in addition to drastically reducing wastewater and electricity consumption.
List of Machineries:
For the production of the final product NICCA BANGLADESH CO., LTD. will use the below machineries:
Sl. No.
Details of Machinery
Country of Origin
Name of The Vendor
Value (In USD)
1
MIXER
BD
SBE
40000
2
SOFT WATER TANK
VIETNAM
JCEM
26000
3
AIR TANK
VIETNAM
JCEM
2000
4
VAC TANK
VIETNAM
JCEM
3000
5
WATER SOFTENER
BD
GREEN DOT
10000
6
COMPRESSOR
MALAYSIA
JCEM
3500
7
VACUUM PUMP
VIETNAM
JCEM
9000
8
SOFT WATER PUMP
CHINA
EBARA
11000
9
IW PUMP
JAPAN
EBARA
10000
10
WASTE WATER PUMP
JAPAN
EBARA
14000
11
FIRE PUMP_ENGINE
HUNGARY
EBITT
57000
12
FIRE PUMP_MOTOR
THAILAND
TERAL
57000
The mixer is used to mix raw materials and water. The soft water tank stores soft water, the air tank stores compressed air generated by the compressor, and the vacuum tank stores vacuum generated by the vacuum pump. The water softener softens IW from BSEZ. The compressor generates compressed air to discharge product from the mixer, and the vacuum pump generates vacuum to charge raw materials into the mixer. The soft water pump feeds soft water to the mixer. The IW pump feeds IW to the water softener. The waste water pump discharges waste water from the waste water pit. The two fire pumps are used for emergency purposes.
Production Process:
Process 1: The vacuum pump is used to create a vacuum inside the tank. This is done by removing the air from the tank. Once the tank is under vacuum, the raw materials can be drawn into the tank.
Process 2: The raw material A is injected into the tank through the raw material charging nozzle. The raw material A is typically a liquid or powder. It is important to note that the raw material A is NON-DG, which means that it is not a dangerous good.
Process 3: The raw material B is injected into the tank through the manhole. The raw material B is also typically a liquid or powder. It is important to note that the raw material B is also NON-DG.
Process 4: Soft water is added to the tank through a counter. The soft water is typically at room temperature.
Process 5: The raw materials are mixed together using an agitator. This is done to ensure that the raw materials are evenly combined.
Process 6: The tank is pressurized using a compressor. This is done to create a positive pressure inside the tank. This pressure is needed to fill the drums with the finished product.
Process 7: The finished product is filled into drums by pressurizing the tank. The pressure inside the tank forces the product into the drums.
Once the drums are filled, the product is ready to be shipped to customers.
The table shows the steps involved in a manufacturing process. The first row shows the initial conditions, the second row shows the step of pressurizing the system, and the third row shows the step of decompressing the system. The note at the bottom provides additional information about the decompression step.
Risk Assessment:
Assumed major potential risks of this project are as follows.
-Market risk; The risk that the market does not expand as expected. NICCA and the Company will closely monitor the market situation and respond accordingly.
-Operation risk; The risk that our manufacturing facilities do not work well, and we cannot supply the goods properly and timely to the customers. To mitigate that risk, NICCA, as a Parent Company, will support the Company from the technical aspect.
-Import-settlement risk; If Bangladesh government decides to suspend foreign currency settlement with overseas countries, the Company cannot settle the procurement, thus cannot import the goods and key materials, that will affect the factory operation. To avoid that risk, we need to discuss this risk with the government agencies and our operational bank to find an alternative way.
Environmental and Sustainability Impact:
In general, in this project, the Company plans to introduce only one mixer whose size is 5㎥, and production line is one kind. Therefore, environmental impact in terms of production activity is quite limited.
Air Environment Impact:
In normal, there is emission gas generated from the trucks coming and going. In terms of production, the Company will not treat the materials which affect the air. Noise level is to be measured at the fixed 4 points in the site once a month. In accordance with the regulation of BSEZ, the Company will set up the solar power electricity generator to save the energy of the office lights and so on.
In emergencies, the emergency electricity generator works, and emission gas is generated via diesel pump for fire-extinguishers.
Wastewater Environment Impact:
In normal, due to one kind of production line, there is no wastewater of cleaning equipment/tools. Due to the machine to soften the water, TDS, Total Dissolve Solid, burden will occur. In terms of factory, for protection of leaking of water, the first pit accommodates 38㎥ of water and then, get the water out of the site through the pump. The usage of running water and wastewater is to be measured every day. To save rainwater, an underground tank is to be set up to re-use the water on the warehouse roof for the green field in the site. The analysis of wastewater is conducted by the outsourced institute once a month.
In special cases, when changing the production line, and/or periodical regular washing, wastewater occurs. Before washing, put about 20 liters of water on the tools and equipment, and then, the dense waste liquid is to be collected and provided to the professional company for water treatment.
In an emergency, there is liquid leaking risk by accidentally drum tumbling. In case of leaking within the production area, the ditch around the area, collecting space and the isolation valve collect the liquid, preventing the liquid from going outside. In case of leaking in warehouse, the ditch is in place in entrance/exit. In case of leaking at truck loading area outside the warehouse, the liquid is to be collected accordingly as well. If leaking reaches rainwater, the valve connecting C6 site and the canal is to be closed, and the liquid is to be collected in rainwater ditch.
Stakeholder Engagement:
We recognize the importance of engaging with our diverse group of stakeholders, and our approach to stakeholder engagement includes:
Customers: Our customers are at the heart of our business. We engage with them to understand their evolving needs, providing tailored solutions to help them thrive in a dynamic textile industry.
Employees: Our dedicated and talented workforce is a critical stakeholder group. We engage with our employees by fostering a culture of inclusivity, continuous learning, and development.
Suppliers: Our suppliers play a pivotal role in our supply chain. We engage with them to ensure the quality, sustainability, and reliability of our raw materials.
Investors: We maintain open communication with our investors, keeping them informed about our financial performance and strategic direction.
Government and Regulatory Bodies: We cooperate with government agencies and comply with regulations to ensure a safe and sustainable business environment.
Local Communities: We engage with local communities to be a responsible corporate citizen, supporting social and environmental initiatives.
NGOs and Advocacy Groups: We collaborate with non-governmental organizations and advocacy groups to drive sustainability and ethical practices in the textile industry.
Sustainability Initiatives:
At NICCA BANGLADESH, we are deeply committed to sustainable practices. We engage with stakeholders to:
Reduce water and energy consumption in our manufacturing processes.
Minimize waste generation and promote recycling.
Develop eco-friendly products that reduce environmental impact.
Collaborate with partners to promote sustainable practices across the textile value chain.
Project Benefit:
At NICCA BANGLADESH CO., LTD., our textile chemical factory is committed to delivering numerous benefits, both to our company and to the broader textile industry. Our dedication to quality and innovation enables us to contribute positively to the industry while also securing our own position as a leading textile chemical manufacturer in Bangladesh. Here are some of the key project benefits for our company profile:
Quality Assurance: NICCA BANGLADESH CO., LTD. is known for producing high-quality textile chemicals that enhance the performance and durability of textile products. Our commitment to quality assurance helps our customers achieve better results, thus strengthening their trust in our products.
Industry Advancement: We are at the forefront of innovation within the textile chemical sector. Our research and development efforts result in new and improved formulations, contributing to the advancement of the entire textile industry. Our innovations set benchmarks for the industry, driving positive change.
Environmental Responsibility: We are deeply committed to sustainability and environmental responsibility. Our textile chemicals are designed to minimize the environmental impact of textile manufacturing. By reducing water and energy consumption and promoting eco-friendly practices, we contribute to a greener future.
Cost Savings for Manufacturers: Our products help textile manufacturers reduce costs in the long run by improving efficiency and the overall quality of their products. This translates to cost savings for our customers, making them more competitive in the market.
Market Expansion: With a growing global demand for textiles, NICCA BANGLADESH CO., LTD. plays a pivotal role in expanding market opportunities for textile manufacturers. We provide solutions that enable them to explore new markets and reach a broader customer base.
Employment Opportunities: Our operations create employment opportunities for the local community. We hire skilled professionals and provide training to unskilled workers, contributing to economic development and job creation.
Export Opportunities: Our quality textile chemicals open doors for export opportunities, benefiting the national economy. We are proud to represent Bangladesh in the global textile chemical market, boosting the country's export potential.
Collaborative Partnerships: We actively engage in collaborations with textile manufacturers, research institutions, and other stakeholders. These partnerships foster knowledge exchange and industry growth, enhancing our reputation as a collaborative and innovative company.
Compliance and Standards: NICCA BANGLADESH CO., LTD. complies with international quality and safety standards. Our commitment to adhering to these standards enhances the reputation of Bangladeshi textile manufacturing on the global stage.
Customer Satisfaction: Above all, our commitment to customer satisfaction is a central benefit. We work closely with our customers to understand their unique needs and provide tailored solutions. This results in long-lasting relationships and customer loyalty.
In summary, NICCA BANGLADESH CO., LTD. is dedicated to pushing the boundaries of textile chemical manufacturing. Our commitment to quality, innovation, sustainability, and customer satisfaction not only benefits our company but also contributes positively to the textile industry in Bangladesh and beyond. We take pride in being a leading force for progress in the textile chemical sector, and we look forward to a future of continued growth and innovation.
Financial Forecasting:
Particulars
FY2023
FY2024
FY2025
FY2026
FY2027
FY2028
FY2029
FY2030
Sales
0
0
11,562,356
13,986,878
14,212,577
14,940,732
15,515,429
16,055,895
Cost of Goods Sold
0
0
8,862,637
10,386,753
10,842,391
10,842,391
10,842,391
10,842,391
Gross Profit
0
0
2,699,719
3,600,126
3,370,186
3,701,835
3,980,607
4,208,324
Gross Profit Ratio
0.0%
0.0%
23.3%
25.7%
23.7%
24.8%
25.7%
26.2%
Selling and Administrative Expense
64,890
34,953
2,067,720
2,396,620
2,749,700
3,047,200
3,288,000
3,586,900
Operating Profit
(64,890)
(34,953)
631,999
1,203,506
620,486
654,635
692,607
621,424
Profit Ratio
0.0%
0.0%
5.5%
8.6%
4.4%
4.4%
4.5%
3.9%
Corporate Tax
0
0
0
0
37,229
58,917
83,113
93,214
Profit after Corporate Tax
(64,890)
(34,953)
631,999
1,203,506
583,257
595,718
609,494
528,210
Profit (after Corporate Tax) Margin
0.0%
0.0%
5.5%
8.6%
4.1%
4.0%
3.9%
3.3%
Note: All value in USD.
NICCA BANGLADESH CO., LTD. is expected to have a significant increase in sales in the next five years, from FY2025 to FY2030. The company's sales are expected to grow from 11,562,356 in FY2025 to 16,055,895 in FY2030. This represents a compound annual growth rate (CAGR) of 7.3%.
The company's gross profit is also expected to grow significantly, from 2,699,719 in FY2025 to 4,208,324 in FY2030. This represents a CAGR of 8.6%. The company's gross profit ratio is also expected to improve from 23.3% in FY2025 to 26.2% in FY2030.
The company's operating profit is expected to grow from 631,999 in FY2024 to 692,607 in FY2029. This represents a CAGR of 3.9%. The company's profit ratio is also expected to improve from 5.5% in FY2024 to 4.5% in FY2029.
The company's profit after corporate tax is expected to grow from 631,999 in FY2025 to 609,494 in FY2030. This represents a CAGR of 2.5%. The company's profit after corporate tax margin is expected to remain relatively stable at around 5.5% in the next five years.
Overall, the image suggests that NICCA BANGLADESH CO., LTD. is expected to experience significant growth in the next five years, driven by strong sales growth and improving gross profit margins. However, the company's operating profit and profit after corporate tax growth is expected to be more modest.
Here are some possible explanations for the expected growth of NICCA BANGLADESH CO., LTD. business:
The company may be expanding into new markets or launching new products.
The company may be benefiting from economic growth in Bangladesh.
The company may be improving its operational efficiency.
It is important to note that the projection only shows the company's projected financial performance. Actual results may vary depending on a number of factors, such as economic conditions, industry trends, and competitive dynamics.
Global Networks:
In order to contribute to the development of the global textile industry, NICCA Chemical has 14 sites in 9 countries and regions, mostly in Asia. We respond smoothly to requests from customers all over the world by technical support that is close to customers, local procurement of raw materials, and suitable site production system to secure production base closer to the supplier.
● Overseas Bases● Technical alliance partners and licensing contractors
Contact Information:
Address: Lot No. C6, Bangladesh Special Economic Zone (BSEZ),
Sonpara, Panchrukhi Via Rupganj Araihazar, Narayanganj-1460 Bangladesh
Dhaka Liaison office Address: Suvastu Suraiya Trade Center, 3A(3rd Floor),
57 Kamal Ataturk Avenue, Block-B, Banani, Dhaka-1213, Bangladesh.
Tel: +880255033391
Contact Person: Mr. Kotaro Takeuchi
Mobile Number: +8801735901417
Email: ko-takeuchi@niccachemical.com
Website: https://nctexchem.com/jp/