ACC will be incurring a capital expenditure of ₹ 3,000 crore to add 5.9 million tonnes per annum (mtpa) cement capacity and 3 mtpa clinker capacity in Uttar Pradesh and Jharkhand. ACC wins international contract for operation and management of a new one million tonne cement plant at Yanbu-Ras Biridi in Saudi Arabia. Company has 17 cement plants, 75 RMC plants spread with 6700 employees spread over the country offers annual production capacity 33.4 million tonnes. subsidiary of Gujarat Ambuja Cements Ltd. (GACL). and Katni Refractory Works by Greentech Foundation for outstanding performance in Safety Raigad Tel: 022-27424285 Telefax: 022-27422421. ACC Bulk. ACC named as a Consumer Superbrand by the Superbrands Council of India, becoming the only cement company to get this status. Ultratech Cement. Private Limited which is a slag grinding plant in Vishakhapatnam in coastal Andhra Pradesh. It is a pan-India player with close to 10 MT capacity in the southern region, close to 6.2 MT in the eastern region, about 6 MT in the northern region, about 4.5 MT in the central region and close to 4 MT capacity in the western region. Will the Brexit deal be positive or negative for India? Commissioning of captive power plants at the Jamul and Kymore plants in Madhya Pradesh. Maintains ‘buy’ rating on Ambuja Cements with a price target of Rs 330 apiece. Also, the construction of a 15-MW thermal power plant at Chanda Cement Works is progressing satisfactorily and will be completed as per schedule. 3.50 10.2 The Company changed its name from “IDCOL Cement Ltd.” to “Bargarh Cement Ltd.” as per fresh Certificate of Incorporation issued by the Registrar of Companies, Cuttack, Orissa on January 22, 2004. ACC sets up two waste pre-processing plants at Wadi and Kymore to enhance its usage of industrial wastes. Acc Limited had been established in Mumbai, Maharashtra on 1 August 1936. ACC Limited (ACC), is one of the largest producers of cement in the country with With the commissioning of this plant, ACC's installed capacity of cement is the highest in the industry at 15.3 million tonnes. High capacity utilisation— above 85%—is another factor that has been helping improve ACC’s margins. India: ACC’s profit in the first quarter of the Indian 2021 fiscal year (1 April 2020 – 30 June 2020) was US$36.3m, down by 40% year-on-year from US$60.9m. ACC acquires 100 percent of the financial equity of Encore Cements & Additives ACC draw a plan to expand its production capacity in a phased manner in the coming years. are listed on the London Stock Exchange. Following completion, the plants are expected to take the company's total capacity to 33.42Mta. Both offerings achieve this status, ACC receives FICCI Award for Outstanding Corporate Vision Triple Impact Business It has a large marketing infrastructure, pan-India presence, and strong operational linkages with Ambuja Cements (29.65 mtpa capacity as on December 31, 2018). GreenTech Safety Gold and Silver Awards awarded to Madukkarai Cement Works Holcim simultaneously makes an open offer to ACC shareholders, through ACC enters its platinum jubilee year - the first company in the cement industry to ACC sets up a plant in Bardhaman, West Bengal to manufacture EcoBricks which are eco-friendly and technically superior fly ash based bricks to meet the emerging needs of the construction industry in a sustainable way. Full scale commercial production based on MFC technology at Wadi in 1979. inaugurated in January 2012. ACC launches its first Waste Heat Recovery System (WHRS) at Gagal in January 2014, marking an important step in energy conservation. ACC is allotted coal blocks in Madhya Pradesh and West Bengal. N.S. ACC partners with Christian Medical College for treatment of HIV/AIDS in Tamil Nadu, Sumant Moolgaokar Technical Institute completes 50 years and reopens with new curriculum, Subsidiary companies Damodhar Cement & Slag Limited, Bargarh Cement Limited and Tarmac (India) Limited merged with ACC. Change of name to ACC Limited with effect from September 1, 2006 from The Associated Cement Companies Limited. Kudithini Cement Grinding Plant inaugurated in Karnataka on January 4, 2010 with a capacity of 1.1 MTPA of Portland Slag Cement. This company steals the first spot in our list of the top 10 cement companies in … Ultratech Cement, Ambuja Cements, Orient Cement and ACC, for instance, ... per tonne of $70 on FY21E capacity. Limited and ACIL, to acquire a majority shareholding in ACC. Maintains ‘buy’ rating on ACC with a price target of Rs 2,200 apiece. ACC and Ambuja Cements are part of the LafargeHolcim group. ACC partners with Christian Medical College for treatment of HIV/AIDS in Tamil Ambuja Cements has production capacity of 29.65 mt while ACC has an installed capacity of 33.41 mt, leading to a combined capacity of 63.06 mt. ACC received the prestigious CII-ITC Sustainability Award 2015 for “Outstanding Accomplishment” in recognition of its continuous effort and commitment to the cause of Sustainable Development. "We had 12 to 13 per cent marketshare three to four years back which had come down to 11 per cent now in West Bengal. high intensity towers, Amalgamation of two subsidiary companies ACC Concrete and Encore Cement & Holcim simultaneously makes an open offer to ACC shareholders, through Holdcem Cement Pvt. India ACC wins PHDCCI Good Corporate Citizen Award, IDCOL Cement Ltd becomes a subsidiary of ACC. India: The board of ACC has approved plans to build a new cement plant at Ametha, District Katnl in Madhya Pradesh. ACC establishes Anti Retroviral Treatment Centre for HIV/AIDS patients at Wadi in Karnataka– the first ever such project by a private sector company in India. Limited. acquiring a majority stake in Ambuja Cements India Ltd. (ACIL) which at the time held 13.8 % of the open offer, ACIL’s shareholding in ACC increases to 34.69 % of the Equity share capital of ACC. You can switch off notifications anytime using browser settings. It is a subsidiary of Lafarge Holcim. power plant of 15 MW.