ACC Cement is now a part of the LafarageHolcim Group. In FY21, ACC recorded net sales of Rs 13,487 crore and a consolidated net profit of Rs 1,430 crore.
The company commissioned a new grinding unit at Sindri, Jharkhand, which will add 1.4 million tonnes per annum (mtpa) of cement capacity to its existing three mtpa unit.
Its sustainability strategy is led by the Sustainable Development Plan 2030, aligned with the sustainability vision of the parent company. The initiatives under this plan include investments in improving the energy efficiency of production facilities, using alternative raw materials and fuels, and replacing carbon dioxide intensive clinker used in cement manufacturing with resources derived from fly ash and slag.
It has resulted in a 3.7% reduction in specific carbon dioxide emissions, a 22% drop in nitrous oxide emissions and a 27% reduction in dust emissions in the financial year.
In FY21, ACC consumed 3.63 million cubic m of water in cement operations, down by 9% from the consumption in the previous year. In FY21, of the total cement produced, about 90% was blended cement. In 2021, ACC co-processed 0.57 metric tonnes of waste, of which 99,517 tonnes was a plastic waste.
The company offered eight products that have been certified by the Confederation of Indian Industry to be eco-labelled. Its R&D initiatives in green products include the development of carbon-neutral concrete and ultra-high performance concrete.
The company’s green energy consumption was 85.26 units in FY21, compared to the previous year with 82.39 units. It reported a thermal substitution rate of 6.93% in FY21, up from 1.48% in FY20. Moreover, ACC?s waste heat recovery capacity will rise from 7.5 MW to 22.5 MW.
ACC has a dealer footprint of 12,000 and added 2,050 last year. The company has an integrated supply chain into its operational efficiency and sustainability strategy.
Adani Group eyes Jaiprakash Associates’ Shahabad cement plant
Adani group has reportedly expressed interest in acquiring a cement plant from Jaiprakash Associates, located in Karnataka with a capacity of 1.2Mt per year. The plant is reportedly in the middle of an as yet incomplete deal between Jaiprakash Associates’ and Dalmia Bharath for a value of US$671mn for a transfer of the former’s cement and power plants.
It has also been reported that Adani Group is in talks with several companies over possible acquisitions as a means to double its cement producing capacity to 140mt per year by the end of 2028.
Dalmia Bharat records a hike in cement sales
Dalmia Bharat recorded a rise of 9.6 per cent in its sales y-o-yfrom 12Mt in the first half of financial year 2023 to 13.2Mt in the first half of financial year 2024. This rise has led to an increase in earnings from US$116m to US$144m during the same period. The company started commercial production from their new 5,00,000t/yr capacity clinker plant in Ariyalur and 2mt/yr Sattur grinding plant, both located in Tamil Nadu, raising the company’s clinker capacity to 22.2Mt/yr. This increase in capacity was attributed largely to the company’s foresight in estimating high growth in construction material demand in the country due to a boom in infrastructure development. The company has also managed to reduce their carbon footprint to 456kg/t of cement, lowest recording globally in the cement industry.
Total cost of decarbonising Indian cement and steel industry estimated at USD 627 bn
The Council on Energy, Environment and Water (CEEW), funded by power provider BP recently reported that it will require a Capital expenditure investment of USD627Bn to decarbonise the Indian cement and steel sector, to reach net zero CO2 emissions. According to the report, the Waste Heat Recovery (WHR) and other similar efficiency enhancing upgrades to cement plants can help reduce the industry’s emissions down by 32 per cent immediately.