Concrete

ACC records consolidated net profit of Rs 1,430 cr in FY21

Published

4 years ago

May 6, 2022

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ACC reduced 3.7% carbon emissions under its sustainability plan

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.

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Also read: Vedanta supplies first rake of 4,000 tonnes fly-ash to ACC Cement

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Concrete

Wonder Cement appoints Mahesh Singh as VP Corporate Brand Communication

Published

3 hours ago

October 9, 2026

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Singh brings 20+ years of brand and marketing experience, and will lead integrated corporate brand communication initiatives at Wonder Cement

New Delhi

Wonder Cement, a leading cement manufacturer, has appointed Mahesh Singh as Vice President – Corporate Brand Communication. In his new role, he will oversee corporate brand strategy and communication, including digital and performance marketing, public relations, trade, events, exhibitions, sports and experiential marketing.

Singh brings over two decades of experience across marketing and communications, with roles spanning the automotive industry, agencies and entrepreneurship. He spent more than a decade with Honda Motorcycle & Scooter India, working across integrated communication, media, digital, retail and consumer engagement. His stint also included helping build the company’s digital marketing capabilities.

He moved to dentsu X India as Vice President – Strategy & Planning, working across categories such as automotive, auto components, electric vehicles, FMCG, consumer electronics, BFSI, apparel and brand consulting. His responsibilities included media and marketing strategy, product launches, content, performance marketing and consumer activations.

Singh subsequently took an entrepreneurial route with Radiant Brands before joining Shriram Ltd (SPR Autotech) as Head – Marketing & Communications. There, his remit included brand and corporate strategy, communications, PR and ORM, retail identity, loyalty programmes and events.

At Wonder Cement, Singh will be responsible for bringing together the company’s corporate brand communication initiatives across digital, performance marketing, PR, trade, sports and experiential platforms. The role will focus on creating an integrated approach to communication across consumers, trade partners and other key stakeholders.

The appointment brings to Wonder Cement a marketer whose career has spanned the brand, agency and entrepreneurial sides of the communications ecosystem.

Wonder Cement, part of the RK Group, is a cement manufacturer with roots in Rajasthan and a focus on quality, trust and transparency. The company has grown to six manufacturing plants, and a cement capacity of 21.5 MTPA. With more than 2,000 employees and a network of over 5,000 dealers, its operations span manufacturing, distribution and customer engagement, with a focus on consistent product quality and efficient execution.

Concrete

JSW Cement commissions additional 1 MTPA grinding unit in Rajasthan

The Nagaur expansion takes JSW Cement’s total grinding capacity to 25.10 MTPA.

Published

20 hours ago

October 8, 2026

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JSW Cement has commissioned an additional 1 million tonne per annum (MTPA) cement grinding unit at its Nagaur Integrated Plant in Rajasthan. The commissioning takes the company’s total cement grinding capacity to 25.10 MTPA.

JSW Cement’s total clinker manufacturing capacity, including its joint venture JSW Cement FZC, now stands at 9.74 MTPA.

The company began operations in North India in March 2026 with the Nagaur Integrated Plant, comprising a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit. With the latest expansion, the plant’s total grinding capacity has increased to 3.50 MTPA.

The additional capacity will cater to cement demand across Rajasthan, Haryana, Punjab and the National Capital Region (NCR). The expansion has been funded through a combination of equity and long-term debt.

During the quarter ended September 30, 2026, JSW Cement also commissioned an Alternate Fuel Handling System and a Waste Heat Recovery System (WHRS) at the Nagaur plant.

Nilesh Narwekar, CEO, JSW Cement, said the additional grinding capacity was a strategic priority for the company’s expansion in North India. He added that the Alternate Fuel Handling System and WHRS were expected to reduce production costs.

Concrete

JSW Cement Boards Approve Proposed Shiva Cement Merger

JSW Cement will issue five shares for every 41 Shiva Cement shares

Published

20 hours ago

October 8, 2026

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The Boards of Directors of JSW Cement and its listed subsidiary Shiva Cement have approved a scheme of arrangement for the amalgamation of Shiva Cement with and into JSW Cement. The proposed merger is intended to create a unified cement platform and generate operational, financial and management synergies.

The consolidation will pool the companies’ financial, managerial, technical, distribution and marketing resources. It will also support backward integration through Shiva Cement’s clinker facility, which is expected to reduce reliance on external procurement and improve supply chain efficiency.

The companies said the transaction would provide greater funding flexibility, reduce financing costs and eliminate inter-company guarantees. It is also expected to simplify the corporate structure by reducing administrative duplication, compliance requirements and consolidation efforts, while aligning the financial statements of both entities.

Under the approved share-exchange ratio, JSW Cement will issue five equity shares with a face value of Rs. 10 each for every 41 equity shares with a face value of Rs. 2 each held in Shiva Cement. The issuance will apply to Shiva Cement shareholders other than JSW Cement and will give the subsidiary’s public shareholders direct ownership in a larger listed company.

The scheme remains subject to approvals from the stock exchanges, the Securities and Exchange Board of India, the National Company Law Tribunal, the Odisha Industrial Infrastructure Development Corporation and other applicable statutory and regulatory authorities. Approval from the companies’ shareholders and creditors may also be required under applicable laws or directions from the tribunal. The transaction is expected to be completed within 12 to 14 months, subject to the timely receipt of these approvals.