Economy & Market
ACC Ltd: Marching ahead
Published
13 years agoon
By
adminACC 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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Concrete
15th Cement EXPO: A Step Forward in Cement Innovation
Published
2 weeks agoon
January 17, 2025By
adminMumbai
Following the immense success of the 14th Cement EXPO, held on December 14-15, 2023, at the Manekshaw Centre, New Delhi, the next edition of this premier event is set to take place in March 2025. The 15th Cement EXPO will be hosted at Yashobhoomi, Delhi, on 12th and 13th November 2025.
Meanwhile, the Cement Expo Forum 2025 is scheduled for 5th and 6th March 2025 at Taj Krishna in Hyderabad. This exciting 3-in-1 event, organised by FIRST Construction Council (FCC) and Indian Cement Review (ICR), will bring together industry leaders, innovators, and stakeholders to discuss the future of the cement sector.
Building on the Success of the 14th Cement EXPO
The 14th Cement EXPO was widely praised for its strong participation, attracting over 1,500 senior managers and decision-makers from across the cement industry. The event was inaugurated by Dr. Vibha Dhawan, Director General of TERI, and Ali Emir Adiguzel, Founder and Director of the World Cement Association, alongside Pratap Padode, Founder of FIRST Construction Council (FCC). The two-tiered exhibition space featured cutting-edge products and innovations from top companies within the cement industry’s supply chain.
The event also garnered significant support from key government bodies, including the Ministry of Road Transport and Highways, Government e-Marketplace (GeM), and the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India (GoI).
Recognition and Excellence in the Cement Industry
The 7th Indian Cement Review Awards celebrated excellence by presenting awards to 11 companies in various categories, recognising their contributions to growth and innovation within the industry. Notably, Parth Jindal, Managing Director of JSW Cement, was honoured with the prestigious Indian Cement Review – Person of the Year Award 2023. Meanwhile, Vinita Singhania, Vice Chairman and Managing Director of JK Lakshmi Cement Ltd, received the Lifetime Achievement Award for her outstanding leadership and contributions to the sector.
A Vision for Sustainability
With the theme of “Driving Sustainability Through Technology,” the 9th Indian Cement Review Conference hosted thought-provoking discussions and presentations, highlighting the industry’s commitment to adopting innovative, sustainable practices. The conference served as a platform for dialogue on the latest technological advancements aimed at transforming the cement sector, addressing key challenges, and fostering growth.
What to Expect from Cement EXPO 2025
The 15th Cement EXPO, along with the 10th Indian Cement Review Conference and the 8th Indian Cement Review Awards, is set to be even bigger and more impactful than the 2023 edition. With an expanded exhibition space, greater participation, and more in-depth discussions, the 2025 event will continue to drive the industry forward. This 3-in-1 event promises to be a pivotal moment in the ongoing transformation of the cement sector.
As the industry evolves, the 15th Cement EXPO 2025 will serve as a crucial platform for showcasing innovations, discussing emerging trends, and forging new partnerships to shape the future of cement and construction.
For more details:
Cement Expo Forum 2025: https://cementexpo.in/forum
15th Cement Expo 2025: https://cementexpo.in/
FOR CONFERENCE SPONSORSHIPS
Sheetal Talreja
Mob: +91 842 2874 030
Email: sheetal@IndianCementReview.com
FOR EXHIBITION/SPONSORSHIPS
Sujoy Gomes
Mob: +91 865 7795 881
Email: Sujoy.g@ASAPPinfoGlobal.com
FOR SPONSORSHIPS
Ratan Rajbhar
Mob: +91 842 2874 021
Email: ratan.r@ASAPPinfoGlobal.com
Concrete
Construction sector growth slows to 8-10% for FY2025: ICRA
Published
3 weeks agoon
January 15, 2025By
adminThe revenue growth for construction companies in FY2025 is projected at 8-10 per cent, down from the earlier estimate of 12-15 per cent, according to ICRA. This marks the slowest growth in three years, driven by factors such as the Model Code of Conduct in Q1, prolonged monsoons, and milestone-based billing in Q2, particularly affecting road-focused players.
ICRA’s analysis of 19 companies with a combined turnover of Rs.1.28 trillion in FY2024 shows modest revenue growth of 1.5 per cent YoY in H1 FY2025. While execution is expected to improve in H2, FY2025 growth remains below the historical CAGR of ~15 per cent (FY2018-FY2024).
Order inflows in urban transport, water and sewage projects are healthy, but road-focused entities face challenges due to muted inflows and high competition. Operating margins are projected to remain range-bound at 10.5-11 per cent, with debt levels rising to manage working capital needs, though debt coverage metrics remain stable.
Concrete
SANY India expands Pune factory to boost production capacity
Published
3 weeks agoon
January 15, 2025By
adminSANY India inaugurated a cutting-edge factory expansion at its 90-acre Pune facility, elevating its production capacity to over 14,000 units annually, alongside a robust fabrication capacity of 100,000 metric tonnes.
The advanced facility reinforces SANY’s commitment to ‘Make in India’ by enhancing localised manufacturing and supporting global exports. Chairman Xiang Wenbo highlighted the strategic importance of India as a global hub, while Vice Chairman Deepak Garg emphasised the expansion’s role in driving innovation and infrastructure development. This investment enhances efficiency, reduces timelines, and strengthens SANY’s leadership in the construction equipment sector.
GMDC, J K Cement Ltd. Tie-up for Limestone from Lakhpat Punrajpur Mine
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‘Steel’ing the Show
WCA President Emphasises Major Changes in Global Cement Industry
NMDC Shares Rs 700 Bn Capex Plan with Vendors
GMDC, J K Cement Ltd. Tie-up for Limestone from Lakhpat Punrajpur Mine
JK Cement Acquires Majority Stake in Saifco Cement to Expand in J&K
‘Steel’ing the Show
WCA President Emphasises Major Changes in Global Cement Industry
NMDC Shares Rs 700 Bn Capex Plan with Vendors
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