Matex Bangladesh Ltd.

What Matex Bangladesh Ltd. does

Matex Bangladesh Limited (MBL), founded in 1994 and headquartered in Gulshan, Dhaka, manufactures and distributes specialty chemicals for the textile and leather industries from a factory in Gazipur. The company produces over 100 products across three families — reactive and disperse dyes, textile OBA & auxiliaries (covering cotton yarn, cotton knit, cotton woven, terry towel, denim/garments, and synthetics processing), and leather chemicals — plus a 'Solution Provider' custom formulation service. Manufacturing is anchored by an installed capacity of approximately 30,000 MT per year, run through esterification, condensation, synthesis, and polymerization reactions in glass-lined vessels and SS reaction kettles, with QA and performance testing labs operating to AATCC, ASTM, and ISO standards.

The business model is sales-led direct B2B: Matex sells manufactured specialty chemicals to local Bangladeshi textile and leather manufacturers and to international buyers with stringent chemical compliance requirements. The company is one of the few H&M chemical positive listed suppliers and holds an unusually broad international compliance stack (GOTS, bluesign, ZDHC, OEKO-TEX Standard 100, ISO 9001/14001/45001), which functions as both a regulatory moat and the primary marketing credential for winning global brand mandates. Pricing is not publicly disclosed and revenue figures are not available; scale is implied by production capacity and headcount (120+ employees per the company website) rather than by reported financials.

The company is privately held and founder/management-owned, with no disclosed institutional investors, no parent entity, and no public listing. Distribution is direct to enterprise customers, supported by partnership programs with GIZ (sustainable chemical management), IFC's PaCT (energy conservation), and ILO (Fair Wage Method), which together indicate ongoing ESG and operational hardening rather than geographic or product-line expansion.

Name

Matex Bangladesh Ltd.

Legal name

Matex Bangladesh Limited

Website

https://matexbd.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Matex Bangladesh Limited is a Dhaka-based specialty chemical manufacturer, founded 1994, producing dyes, textile auxiliaries, and leather chemicals (~30,000 MT/year capacity, 100+ products) for local Bangladeshi textile and leather mills and international buyers such as H&M, with GOTS, OEKO-TEX, ZDHC, bluesign, and ISO certifications.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Synthetic Dye and Pigment Manufacturing (32513)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

Coating & Finishing Chemicals Application (Resins/Softening/Water-Repellent/FR/Antimicrobial) (IMAOACAD)

akta.pro secondary industry

Polymer Compounds & Masterbatches (Compounding, Color/Fill/Additive Concentrates) (IMAEANAJ)

Keywords

• Specialty chemicals manufacturing
• Textile dyes and auxiliaries
• Leather processing chemicals
• Reactive and disperse dyes
• Wet processing chemicals

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Specialty Chemical Manufacturing and Distribution: Matex Bangladesh manufactures and distributes specialty chemicals including dyes, textile auxiliaries, and leather chemicals. The company produces over 100 products with a production capacity of around 30,000 MT per year. Revenue is generated through direct sales of manufactured specialty chemicals to textile and leather industries.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Matex Bangladesh Ltd. manufactures and distributes specialty chemicals including reactive dyes, disperse dyes, textile auxiliaries, optical brightening agents, and leather processing chemicals. The company produces over 100 products through esterification, condensation, synthesis, and polymerization reactions, with an annual production capacity of approximately 30,000 MT, supplying textile and leather manufacturers in Bangladesh and international markets.

Product overview

Matex Bangladesh Limited operates as a specialty chemical manufacturer and supplier with a portfolio of over 100 products organized across three main categories: Dyes (including Reactive Dyes and Disperse Dyes), Textile OBA & Auxiliaries (covering cotton yarn, cotton knit, cotton woven, terry towel, denim/garments, and synthetics processing products), and Leather Chemicals (for leather processing applications). The company also offers a Solution Provider service providing custom chemical formulations and technical support. All products are manufactured under international compliance standards including GOTS, OEKO-TEX, ZDHC, and buyer-specific requirements such as H&M.

Differentiator

Problem solved

Functional benefit

Products and services

• Reactive Dyes Specialty dyes used for dyeing cellulose fibers, providing high color fastness and excellent wash resistance for textile manufacturing applications.
• Disperse Dyes Dyes designed for dyeing synthetic fibers, particularly polyester, offering excellent dispersion properties and color uniformity for textile processors.
• Products for Cotton Yarn Processing Specialty chemicals for processing cotton yarn, including sizing, desizing, and finishing agents for textile manufacturers.
• Products for Cotton Knit Processing Chemical auxiliaries for cotton knit fabric processing including pre-treatment, dyeing, and finishing solutions.
• Products for Cotton Woven Processing Specialty chemicals for woven cotton fabric processing, covering preparation, dyeing, and finishing stages.
• Products for Terry Towel Processing Chemical solutions specifically formulated for terry towel manufacturing, including softeners and finishing treatments.
• Products for Denim/Garments Processing Chemicals for denim and garment processing, including stone washing, enzyme washing, and finishing agents.
• Products for Synthetics Processing Auxiliaries for synthetic fiber processing including polyester, nylon, and acrylic treatments.
• Products for Leather Processing Specialty chemicals for leather processing including tanning, retanning, dyeing, and finishing agents for leather manufacturers.
• Solution Provider Custom chemical solutions and technical consulting services for textile and leather processing requirements.

Quantifiable outcome

• Production capacity of around 30,000 MT per year
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• GIZcoreStrategic or Co-development PartnerGIZ supports Matex in establishing modern chemical management with the '3R' practice (Reduce, Reuse, Recycle). This partnership helps the company implement sustainable chemical management practices aligned with international standards.
• International Finance Corporation (IFC) PaCT ProgramcoreStrategic or Co-development PartnerMatex participates in IFC's PaCT (Partnership for Cleaner Textiles) program as part of its energy conservation initiatives. The program supports sustainable manufacturing practices.
• International Labor Organization (ILO)coreStrategic or Co-development PartnerJointly developed the Fair Wage Method wage management system with ILO support. This partnership focuses on fair compensation practices for employees.
• H&McoreStrategic or Co-development PartnerH&M is a major buyer and has listed Matex as one of their chemical positive suppliers. This partnership requires compliance with stringent chemical safety and environmental standards.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Strengths4 records

Weaknesses2 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/matex-bangladesh-ltd

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

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 Matex Bangladesh Ltd.