Economy & Market
ACC Ltd: Marching ahead
Published
14 years agoon
By
admin
ACC has been credited of introducing many firsts in India. In 1947, India’s first indigenous cement plant was built by at Chaibasa by ACC. The company commissioned the country’s first million tonne kiln at Wadi in 1982, and has erected the world’s largest cement kiln with a daily capacity of 12,500 tonne. From a production capacity of one million tonne per annum in 1936, the company has achieved a capacity of 22.5 MTPA. ACC also set many trends in the cement industry. One of the most significant was the introduction of blended cements. It used industrial waste like slag and fly ash, which helped in lowering greenhouse emission and conserving mineral wealth.
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Awards & Accolades
The Wadi cement plant of ACC Limited, in India’s southern state of Karnataka, now enjoys the distinction of being the world’s largest cement plant. The company recently completed this challenging integrated cement project in Karnataka comprising an expanded clinkering line of 12,500 TPD at Wadi together with two satellite cement grinding plants manufacturing Portland Slag cement and flyash based Portland Pozzolana Cement.
All operations at Wadi are now mammoth in scale and setting new trends and benchmarks – the largest limestone mining operations, the largest captive power plant in the industry, largest in inward and outbound logistics and the largest in bulk cement operations. The project reinforces ACC’s commitment to environment conservation in more ways than one. The plant incorporates sophisticated environment management systems and equipment that are designed to maintain very high levels of emission control.
Marching ahead With the government’s determined focus on infrastructure development and an optimistic outlook for overall GDP growth, the demand for cement will receive a considerable boost. The future for ACC looks bright and it is poised to grow at a much faster rate in coming decades due to its strong pan India presence, well entrenched dealership network, technical excellence, human resources, brand equity and market growth. Awards received by ACC National Award for Excellence in Water Management by Confederation of Indian Industry (CII)
- Outstanding Corporate Vision, Triple Impact – Business Performance Social & Environmental Action and Globalisation for 2009-10 from Federation of Indian Chambers of Commerce and Industry
- Asia Pacific Entrepreneurship Award in two categories, Green Leadership and Community Engagement by Enterprise Asia.
- Indira Priyadarshini Vrikshamitra Award – by The Ministry of Environment and Forests for ?extraordinary work? carried out in the area of afforestation.
- Subh Karan Sarawagi Environment Award – by The Federation of Indian Mineral Industries for environment protection measures.
- Drona Trophy – By Indian Bureau of Mines for extra ordinary efforts in protection of Environment and mineral conservation in the large mechanized mines sector.
- Indira Gandhi Memorial National Award – for excellent performance in prevention of pollution and ecological development
- Excellence in Management of Health, Safety and Environment : Certificate of Merit by Indian Chemical Manufacturers Association
- Good Corporate Citizen Award – by PHD Chamber of Commerce and Industry
- FIMI National Award – for valuable contribution in Mining activities from the Federation of Indian Mineral Industry under the Ministry of Coal.
- Rajya Sthariya Paryavaran Puraskar – for outstanding work in Environmental Protection and Environment Performance by the Madhya Pradesh Pollution. Control Board.
- National Award for Fly Ash Utilisation – by Ministry of Power, Ministry of Environment & Forests and Dept of Science & Technology, Govt of India – for manufacture of Portland Pozzolana Cement.
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Economy & Market
Hindalco Buys US Speciality Alumina Firm for $125 Million
Published
24 minutes agoon
June 25, 2025By
admin
This strategic acquisition marks a significant investment in speciality alumina, a key step by Aditya Birla Group’s metals flagship towards becoming future-ready by scaling its high-value, technology-led materials portfolio.
Hindalco Industries, the world’s largest aluminium company by revenue and the metals flagship of the $28 billion Aditya Birla Group, has announced the acquisition of a 100 per cent equity stake in US-based AluChem Companies—a prominent manufacturer of speciality alumina—for an enterprise value of $125 million. The transaction will be executed through Aditya Holdings, a wholly owned subsidiary.
This acquisition represents a pivotal investment in speciality alumina and advances Hindalco’s strategy to expand its high-value, technology-led materials portfolio.
Hindalco’s speciality alumina business, a key pillar of its value-added strategy, has delivered consistent double-digit growth in recent years. It has emerged as a high-growth, high-margin vertical within the company’s portfolio. As speciality alumina finds expanding applications across electric mobility, semiconductors, and precision ceramics, the deal positions Hindalco further up the innovation curve, enabling next-generation alumina solutions and value-accretive growth.
Kumar Mangalam Birla, Chairman of Aditya Birla Group, called the acquisition an important step in their global strategy to build a leadership position in value-added, high-tech materials.
“Our strategic foray into the speciality alumina space will not only accelerate the development of future-ready, sustainable solutions but also open new pathways to pursue high-impact growth opportunities. By integrating advanced technologies into our value chain, we are reinforcing our commitment to self-reliance, import substitution, and building scale in innovation-led businesses.”
Ronald P Zapletal, Founder, AluChem Companies, said the partnership with Hindalco would provide AluChem the ability and capital to scale up faster and build scale in North America.
“AluChem will benefit from their world-class sustainability and safety standards and practices, access to integrated operations and a consistent, reliable raw material supply chain. Their ability to leverage R&D capabilities and a talented workforce adds tremendous value to our innovation pipeline, helping drive market expansion beyond North America.”
An Eye on the Future
The global speciality alumina market is projected to grow significantly, with rising demand for tailored solutions in sectors such as ceramics, electronics, aerospace, and medical applications. Hindalco currently operates 500,000 tonnes of speciality alumina capacity and aims to scale this up to 1 million tonnes by FY2030.
Commenting on the development, Satish Pai, Managing Director, Hindalco Industries, said the deal reinforced their commitment to innovation and global expansion.
“As alumina gains increasing relevance in critical and clean-tech sectors, AluChem’s advanced chemistry capabilities will significantly enhance our ability to serve these fast-evolving markets. Importantly, it deepens our high-value-added portfolio with differentiated products that drive profitability and strengthen our global competitiveness.”
AluChem adds a strong North American presence to Hindalco’s portfolio, with an annual capacity of 60,000 tonnes across three advanced manufacturing facilities in Ohio and Arkansas. The company is a long-standing supplier of ultra-low soda calcined and tabular alumina, materials prized for their thermal and mechanical stability and widely used in precision engineering and high-performance refractories.
Saurabh Khedekar, CEO of the Alumina Business at Hindalco Industries, said the acquisition unlocked immediate synergies, including market access and portfolio diversification.
“Hindalco plans to work with AluChem’s high performance technology solutions and scale up production of ultra-low soda alumina products to drive a larger global market share.”
The transaction is expected to close in the upcoming quarter, subject to customary closing conditions and regulatory approvals.
Concrete
Shree Cement reports 2025 financial year results
Published
1 week agoon
June 17, 2025By
admin
Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.
Image source:https://newsmantra.in/
Concrete
Rekha Onteddu to become director at Sagar Cements
Published
1 week agoon
June 17, 2025By
admin
Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.
Image source:https://sagarcements.in/

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