Echo Corporation

What Echo Corporation does

Echo Corporation is a privately held chemical trading and indenting company headquartered in Dhaka, Bangladesh, founded in 2002 by proprietor Muhammad Takdirur Rahman. The company operates as a B2B intermediary that sources industrial chemicals, polymers, steel, steel scrap, paper, bitumen, calcium carbonate, textile chemicals, polyester staple fiber (PSF), and oleochemicals from global manufacturers and supplies them to industrial buyers in Bangladesh. It maintains two offices (Dhaka headquarters and Chittagong) and serves segments including industrial manufacturers, textile and polymer processors, water treatment operators, and food and feed processors across roughly ten product categories.

The business model is transactional: Echo earns margins on the spread between procurement and sale prices, with pricing negotiated per transaction based on volume, specifications, and market conditions. A notable commercial capability is the provision of flexible buyer financing through Letters of Credit with deferred payment terms of 90-180 days and UPAS L/C at sight, which effectively extends working capital to customers. Operations are supported by in-house quality control, market research, logistics coordination, and a dedicated sales and commercial team handling negotiation and relationship management. GTM is sales-led via direct field sales, a corporate website (echobd.org), and WhatsApp Business.

The company has progressively expanded its product portfolio over 20+ years (steel 2002, UK steel scrap 2005, polymer hub 2009, local trading 2012, textile/PSF/oleo 2020) and in 2023 launched ECHO VICTORIOUS LTD as a separate trading entity. Echo remains privately held with no disclosed external funding, institutional investors, or public financial reporting.

Name

Echo Corporation

Legal name

Echo Corporation

Website

https://echobd.org

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Echo Corporation is a Dhaka, Bangladesh-based chemical trading and indenting firm founded in 2002. It sources polymers, steel, textile chemicals, oleochemicals, and related industrial materials from global suppliers and distributes them to Bangladeshi manufacturers across textile, polymer, and industrial verticals.

Ownership category

akta.pro rank

Product category

Chemical Trading and Indenting

NAICS

Chemical Manufacturing (325)

SIC

Wholesale-Chemicals & Allied Products (5160), Chemicals & Allied Products (2800)

akta.pro primary industry

Bulk Industrial Solvents (IMAEAAAE)

Keywords

• Chemical trading
• Indenting services
• Industrial polymers
• Steel and steel scrap
• Chemical distribution

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Chemical Trading and Indenting: Echo Corporation generates revenue through trading chemicals, polymers, steel, and related industrial products. The company sources from global manufacturers and supplies to Bangladeshi clients, earning margins on the spread between procurement and sale prices. Revenue is transactional, based on completed trades with flexible payment terms including Letters of Credit with deferred payment options (90-180 days) and UPAS L/C at sight.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Echo Corporation is a B2B indenting and chemical trading firm that sources industrial chemicals, polymers, steel, steel scrap, textile chemicals, oleo chemicals, films, glass raw materials, water treatment chemicals, food and feed additives, personal care chemicals, bitumen, paper, and calcium carbonate from global manufacturers and supplies them to industrial manufacturers in Bangladesh. The company handles market research, negotiation, contract finalization, logistics coordination, in-house quality control, and risk management for each transaction.

Product overview

Echo Corporation is a chemical trading and indenting company (not a software product company). They trade a diverse portfolio of chemical products and industrial materials including Polymer Resin (PET, PE, PP), Textile Chemical, Polyester Staple Fiber (PSF), Oleo Chemical, Steel & Steel Scrap, Films, Glass Raw Materials, Water Treatment products, Food & Feed Additives, Personal Care products, Bitumen, Paper, and Calcium Carbonate. The company operates primarily as a B2B trading intermediary facilitating international trade, with services spanning market research, negotiation, logistics, quality control, and risk management. They launched ECHO VICTORIOUS LTD in 2023 to operate their trading business.

Differentiator

Problem solved

Functional benefit

Products and services

• Polymer Resin (PET, PE, PP) Industrial polymer resins including PET Resin, Polyethylene (PE), and Polypropylene (PP) traded for industrial applications such as packaging, plastic manufacturing, and conversion. Sourced globally and supplied to Bangladeshi industrial buyers.
• Textile Chemicals Chemical products used in textile manufacturing processes, traded by Echo Corporation for Bangladesh textile manufacturers.
• Polyester Staple Fiber (PSF) Synthetic fiber used in textile and nonwoven applications, traded by Echo Corporation for industrial buyers.
• Oleo Chemicals Chemicals derived from natural oils and fats used in various industrial applications including personal care, food, and manufacturing.
• Steel & Steel Scrap Hot Rolled Coil (HRC) and Cold Rolled Coil (CRC) steel products plus steel scrap for construction, manufacturing, and steel processing industries. UK steel scrap suppliers are a longstanding partner.
• Films Film products for industrial applications, part of Echo Corporation's diversified commodity trading portfolio.
• Glass Raw Materials Raw materials used in glass manufacturing, supplied to industrial glass producers in Bangladesh.
• Water Treatment Chemicals Chemical solutions used in industrial and commercial water treatment applications, serving facilities requiring water processing.
• Food & Feed Additives Additive products for food processing and feed industries, supplied to food and agricultural manufacturers requiring food-grade and feed-grade additives.
• Personal Care Chemicals Chemical ingredients and formulations for personal care products, supplied to personal care product manufacturers.
• Bitumen Asphalt and bitumen products for construction and industrial applications, supplied by Echo Corporation.
• Paper Paper products traded by Echo Corporation as part of diversified commodity trading business.
• Calcium Carbonate Industrial-grade calcium carbonate for various manufacturing applications, supplied by Echo Corporation since 2002.
• Chemical Trading and Indenting Service End-to-end B2B indenting and trading service that facilitates global chemical and industrial material trade: market research, favorable-term negotiation, contract drafting, logistics and shipping coordination, in-house quality control, and risk management for buyers and suppliers.

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• UK Steel Scrap SupplierscoreStrategic or Co-development Partner · 1 January 2005Established business relationship with UK-based steel scrap suppliers since 2005. Echo Corporation developed the market for steel scrap business with these UK suppliers, representing a significant long-term partnership for sourcing steel scrap materials.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Univar Solutions: Major global chemical and ingredients distributor serving industrial manufacturers with broad product portfolios across polymers, basic and specialty chemicals — comparable to Echo's portfolio breadth but with global infrastructure, formal compliance credentials, and institutional ownership.
• Brenntag SE: World's largest chemical distributor offering full-line chemical and ingredient distribution across polymers, specialty chemicals, and industrial inputs — directly comparable to Echo's role as a chemical/polymer trading intermediary, but at global scale across a vastly broader product and geographic footprint.
• Azelis Group: Specialty chemicals and food ingredients distributor with global principals-to-end-users model similar to indenting — overlaps with Echo's specialty and food/feed additive trading lines, though serving EMEA, Americas, and Asia-Pacific with formal regulatory support.
• Manuchar N.V. Global chemical distribution company headquartered in Belgium with strong emerging-market presence across Latin America, Africa, and Asia — comparable to Echo's emerging-market trading focus, with overlapping polymer, steel, and industrial chemical categories.
• Helm AG: Hamburg-based family-owned chemical marketing and distribution company sourcing industrial chemicals, fertilizers, and crop solutions from global producers — directly analogous business model to Echo as a long-tenured, family-controlled indenting/trading intermediary, though at vastly larger scale.
• IMCD N.V. Specialty chemicals and ingredients distribution company operating across personal care, food, coatings, polymers, and industrial markets — overlapping with Echo's textile, oleochemical, personal care, and polymer categories, though at specialty-grade rather than commodity-grade distribution.

Direct peers

• ICC Chemical Corporation: Privately held New York-based chemical trading and indenting firm connecting Eastern European and Asian producers with global buyers — closest direct peer to Echo in business model (relationship-driven indenting/trading, no manufacturing) and in the breadth of polymer, oleochemical, and industrial chemical categories handled.

Regional players

• Beximco Group: Largest Bangladeshi conglomerate with textiles, pharmaceuticals, and trading divisions that consume large volumes of polymers, textile chemicals, and steel — comparable to Echo's buyer-side Bangladeshi industrial customer base, though Beximco is a downstream user rather than an indenting competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/echocorporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Echo Corporation