Cement News tagged under: ACC
ACC Ltd posts 15% YoY increase in revenue15 July 2022, Published under Cement NewsACC Ltd has posted revenue of INR44.68bn (US$557.9m) in the quarter ended 30 June 2022, compared to INR38.85bn in the same period a year earlier, an increase of 15 per cent YoY. Profit over the same period fell from INR5.34bn to INR2.22bn. Meanwhile, total expenses advanced from INR31.69bn to INR42.21bn with fuel and power costs increasing from INR8.29bn to INR13.1bn. In the half year ended 30 June 2022, revenue came in at INR88.94bn, up from the INR81.76bn posted in the same period a yea... |
Calcined clays: making a global impact01 April 2022, Published under Cement NewsThis week FLSmidth announced that it would be supporting the largest calcined clay installation in the world in Ghana for CBI Ghana at its Accra plant. It is a good time to look at how many of these calcined clay projects are now underway and how much investment is being placed in this carbon reduction technology. CBI Ghana's project instantly excites because it is billed as currently the largest calcined clay project in the cement industry. The grinding capacity will increase by 120 per ... |
Ambuja and ACC to develop new calcined clay cements29 November 2021, Published under Cement NewsAmbuja Cements and ACC have announced a partnership with the Indian Institute of Technology Delhi (IITD) to develop calcined clay cements. It will be implemented through a research project funded by the Holcim Innovation Centre in Lyon, France, and comprise of an in-depth scientific study into the influence of clinker, calcined clay and limestone on the performance of calcined clay cements. It aims to create next-generation cement with more than 50 per cent lower carbon emissions for India... |
ACC reports 6% rise in EBITDA for the 3Q2120 October 2021, Published under Cement NewsIndia’s ACC has reported a 6.1 per cent YoY rise in EBITDA to INR7.12bn (US$95.03m) in the third quarter of 2021, compared to INR6.71bn in the year-ago period. Profit after tax advanced 23.6 per cent YoY to INR4.5bn from INR3.64bn. "ACC has recorded a solid performance during the quarter through operational excellence and a focus on sustainability while meeting customers’ needs. Despite a steep increase in fuel costs, our cost efficiency measures under project ‘Parvat’ have enabled us to m... |
ACC sets out 2030 sustainability targets13 August 2021, Published under Cement NewsACC has become the first company in the Indian construction sector to sign the “Business Ambition for 1.5°C” commitment with 2030 intermediate targets approved by the Science Based Targets initiative (SBTi), according to a press release. ACC has committed to reducing scope 1 GHG emissions/t of cementitious material by 21.3 per cent and scope 2 GHG emissions/t by 48.4 per cent by 2030, compared with a 2018 base year. "At ACC, we continuously strive to become a responsible and sustainable c... |
Ambuja Cements and ACC make Industry 4.0 investment29 June 2021, Published under Cement NewsHolcim India companies, Ambuja Cements Ltd and ACC Ltd, are further investing in Industry 4.0 under the group's ‘Plants of Tomorrow’ programme. The four-year programme aims to create a global network of over 270 integrated cement plants and grinding stations in more than 50 countries by applying automation technologies and robotics, artificial intelligence, predictive maintenance and digital twin technologies to the entire production processes. Neeraj Akhoury, CEO India Holcim and mana... |
Geocycle India to process plastic waste from river clean-up22 June 2021, Published under Cement NewsACC and Ambuja Cement’s waste management subsidiary, Geocycle India, will be joining Rekart Innovations in removing plastic waste from the Jojari riverbed in Pipar, Jodphur, Rajasthan. The first load of plastic waste, weighing more than 10t, was recovered recently and sent to Geocycle’s processing facilities at the cement plants of both cement producers. “Geocycle’s vast co-processing infrastructure guarantees safe and environmentally-friendly final treatment of the collected waste. Co-pr... |
Geocycle India to help reduce plastic waste leakage19 May 2021, Published under Cement NewsGeocycle India, the in-house waste management arm of LafargeHolcim’s Ambuja Cements and ACC, will implement its Bubble Barrier technology at the Mantola Canal in Uttar Pradesh, to tackle plastic waste leakage. "The Geocycle Bubble Barrier is an innovative concept based on existing technology which makes smart use of a combination of natural currents and a bubble curtain to channel plastic waste towards the banks of rivers and canals instead of it flowing directly into the Yamuna river, fr... |
ACC and Ambuja partner to research sustainable solutions23 April 2021, Published under Cement NewsIndia’s ACC and Ambuja Cement (LafargeHolcim) has partnered with the Indian Institute of Technology Madras (IITM) to develop green and sustainable building solutions, according to a press release. The research will look at the use of low-CO 2 binders, with a combination of alternative reinforcement, as a potential substitute for conventional steel rebar. This would reduce the CO 2 footprint of construction work. The collaborative research study will be financially aided by the LafargeHolc... |
ACC reports 74% rise in profit for the 1Q2120 April 2021, Published under Cement NewsIndia's ACC (LafargeHolcim) has reported a 74 per cent rise in net profit for the first quarter of 2021, rising to INR5.63bn (US$75.33m) from INR3.23bn in the year-ago period. EBITDA also advanced 47 per cent YoY to INR8.6bn. Revenue from sales surged 23 per cent YoY to INR42.13bn from INR34.33bn in the 1Q20. In particular, cement sales increased 22 per cent YoY to 8Mt and cement prices were up six per cent to INR4876/t. As a result of its strong performance, the company has recorded its... |