December
12, 2009 ACC Media Release - Inauguration
of ACC Thondebhavi Cement Works in Karnataka
ACC’s newest cement plant in Thondebhavi,
Karnataka, was inaugurated today by Dr M Veerappa
Moily, Hon’ble Union Minister for Law
and Justice, in the august presence of Dr Mumtaz
Ali, Minister for Haj/Wakf and Minority Affairs,
Karnataka and other distinguished guests. Speaking
to the mammoth gathering, comprising government
officials, customers, dealers, employees and
the citizens of Thondebhavi, Dr Moily said,
“Karnataka is very proud to welcome ACC’s
new plant in Thondebhavi. We are very happy
to have you here. Your presence will help accelerate
the development of Karnataka. The people of
Chikballapur will welcome any initiative made
by ACC to help with their economic and social
development.” The new plant becomes the
nearest cement plant for Bengaluru city thus
ensuring fresh and prompt supply of cement to
this fast expanding metropolis.
A GREENFIELD PROJECT
ACC Thondebhavi Cement Works was set up as a
Greenfield project in the picturesque Thondebhavi
village, in Gauribidanur Tehsil of Chikballapur
District, Karnataka. Installed at a cost of
about Rs 350 Crores, this cement grinding plant
has a capacity of 1.60 Million Tonnes per annum
and will produce Fly-ash based Portland Pozzolana
Cement. The plant will have its own railway
siding. Clinker is received by rail from ACC’s
modern cement plants at Wadi in Gulbarga district.
LATEST GENERATION
& ENVIRONMENT-FRIENDLY PLANT
The Thondebhavi Cement plant is designed as
a latest generation cement grinding plant that
is fully automated and can be operated by a
single button - making it the first one of its
kind in India. The grinding system at this plant
comprises state-of-the-art Vertical Roller Mill
(VRM) technology.
ACC has invested considerable resources to
ensure that the plant maintains the highest
possible standards in environment management
and is wholly environment-friendly. It is equipped
with sophisticated air pollution control systems
to stop dust and fugitive emissions. More than
half of the land area of the plant campus is
dedicated to cultivating of a verdant Green
belt. The entire plant will stand in a greenery
filled campus surrounded by carefully tended
horticulture and landscaped gardens.
PARTNERING ECONOMIC DEVELOPMENT IN
KARNATAKA
ACC Thondebhavi becomes the first major industrial
unit to be established in Chikballapur District.
Besides this the plant will generate considerable
opportunities to create sustainable livelihoods
for well over 1200 people through direct and
indirect employment and the creation of ancillary
businesses such as packaging, road transport
and other trades.
Sumit Banerjee
Managing Director
Top
December 1,
2009
ACC Media Release - Cement Production and
Despatches in November 2009
Our cement production and despatch figures for
the month of November 2009 are as follows:
| November– 2009 |
|
| Cement production |
1.68 million tonnes |
| Cement despatches |
1.66 million tonnes |
| November– 2008 |
|
| Cement production |
1.70 million tonnes |
| Cement despatches |
1.73 million tonnes |
| Cumulative |
|
| January – November 2009
|
|
| Cement production |
19.50 million tonnes |
| Cement despatches |
19.47 million tonnes |
| January – November 2008
|
|
| Cement production |
18.93 million tonnes |
| Cement despatches |
18.96 million tonnes |
R Nand Kumar
Head- Corporate Communications
Top
November 2,
2009
ACC Media Release - Cement Production and
Despatches in October 2009
Our cement production and despatch figures for
the month of October 2009 are as follows:
| October– 2009 |
|
| Cement production |
1.71 million tonnes |
| Cement despatches |
1.69 million tonnes |
| October– 2008 |
|
| Cement production |
1.74 million tonnes |
| Cement despatches |
1.70 million tonnes |
| Cumulative |
|
| January – October 2009 |
|
| Cement production |
17.83 million tonnes |
| Cement despatches |
17.81 million tonnes |
| January – October 2008 |
|
| Cement production |
17.23 million tonnes |
| Cement despatches |
17.23 million tonnes |
R Nand Kumar
Head- Corporate Communications
Top
October
05, 2009
ACC Limited
Registered Office
Cement House
121 Maharshi Karve Road
Mumbai 400 020
NOTICE
The Meeting of the Board of
Directors of this Company will be held on Wednesday,
28th October 2009 to inter alia consider and
take on record the unaudited financial results
for the quarter July – September 2009
and nine months ended January – September
2009.
For ACC Limited
Sd/-
Sunil Nayak
CFO, Company Secretary
& Head Compliances
Top
October 1, 2009
ACC Media Release - Cement Production and Despatches in September 2009
Our cement production and despatch figures for the month of September 2009 are as follows:
| September– 2009 |
|
| Cement production |
1.64 million tonnes |
| Cement despatches |
1.63 million tonnes |
| September– 2008 |
|
| Cement production |
1.67 million tonnes |
| Cement despatches |
1.67 million tonnes |
| Cumulative |
|
| January – September 2009 |
|
| Cement production |
16.12 million tonnes |
| Cement despatches |
16.12 million tonnes |
| January – September 2008 |
|
| Cement production |
15.49 million tonnes |
| Cement despatches |
15.53 million tonnes |
R Nand Kumar
Head- Corporate Communications
Top
September
2, 2009
ACC Media Release - Cement Production and
Despatches in August 2009
Our cement production and despatch figures for
the month of August 2009, are as follows:
| August– 2009 |
|
| Cement production |
1.63 million tonnes |
| Cement despatches |
1.65 million tonnes |
| August– 2008 |
|
| Cement production |
1.52 million tonnes |
| Cement despatches |
1.54 million tonnes |
| Cumulative |
|
| January – August 2009 |
|
| Cement production |
14.48 million tonnes |
| Cement despatches |
14.49 million tonnes |
| January – August 2008 |
|
| Cement production |
13.83 million tonnes |
| Cement despatches |
13.86 million tonnes |
R Nand Kumar
Head- Corporate Communications
Top
August
3, 2009
ACC Media Release - Cement Production and
Despatches in July 2009
Our cement production and despatch figures for
the month of July 2009, are as follows:
| July– 2009 |
|
| Cement production |
1.78 million tonnes |
| Cement despatches |
1.78 million tonnes |
| July– 2008 |
|
| Cement production |
1.73 million tonnes |
| Cement despatches |
1.71 million tonnes |
| Cumulative |
|
| January – July 2009 |
|
| Cement production |
12.85 million tonnes |
| Cement despatches |
12.84 million tonnes |
| January – July 2008 |
|
| Cement production |
12.31 million tonnes |
| Cement despatches |
12.32 million tonnes |
R Nand Kumar
Head- Corporate Communications
Top
July
2, 2009
ACC Media Release - Cement Production and
Despatches in June 2009
Our cement production and despatch figures for
the month of June 2009, are as follows:
| June– 2009 |
|
| Cement production |
1.83 million tonnes |
| Cement despatches |
1.81 million tonnes |
| June– 2008 |
|
| Cement production |
1.75 million tonnes |
| Cement despatches |
1.79 million tonnes |
| Cumulative |
|
| January – June 2009 |
|
| Cement production |
11.07 million tonnes |
| Cement despatches |
11.06 million tonnes |
| January – June 2008 |
|
| Cement production |
10.58 million tonnes |
| Cement despatches |
10.61 million tonnes |
R Nand Kumar
Head- Corporate Communications
Top
June
24, 2009
Allotment of Coal Blocks - Agreement with
Government of Madhya Pradesh
ACC has entered an arrangement with the Madhya
Pradesh State Mining Corporation Limited (MPSMC),
a Government of Madhya Pradesh Undertaking,
by which the State Government will make available
four coal blocks for prospecting and mining
through joint venture companies to be set up
between MPSMC and ACC Mineral Resources Limited
(AMRL), a wholly owned subsidiary of ACC Limited.
A Joint Venture agreement was signed between
AMRL and MPSMC for exploration, development
and mining of coal, subject to feasibility,
from four coal blocks at Marki Barka, Bicharpur,
Semaria Piparia and Morga IV blocks, which together
have approximate reserves of 200 million tones.
The four mines will be optimally linked to supply
coal to the company’s cement plants at
Gagal, Kymore, Tikaria and Lakheri, replacing
the coal needs of these plants currently sourced
through e-auctions and the open market. The
mines are expected to become operational in
four to five years.
Coal is essential to the manufacture of cement
in India. However regular supply of the required
quality and quantity of coal has for long been
a critical constraint in cement production.
Captive sourcing of coal from these dedicated
mines will lead to improved performance of the
company’s cement plants as a direct result
of better supply assurance, lower inventory
carrying costs and, above all, consistent and
better quality. This arrangement with the Government
of Madhya Pradesh will provide long-term assurance
for a most vital source of the company’s
energy requirements for some of its cement plants
in northern India.
(R Nand Kumar)
Head- Corporate Communications
Top
June
2, 2009
ACC Media Release - Cement Production and
Despatches in May 2009
Our cement production and despatch figures for
the month of May 2009, are as follows:
| May– 2009 |
|
| Cement production |
1.81 million tonnes |
| Cement despatches |
1.82 million tonnes |
| May– 2008 |
|
| Cement production |
1.79 million tonnes |
| Cement despatches |
1.80 million tonnes |
| Cumulative |
|
| January – May 2009 |
|
| Cement production |
9.25 million tonnes |
| Cement despatches |
9.25 million tonnes |
| January – May 2008 |
|
| Cement production |
8.82 million tonnes |
| Cement despatches |
8.82 million tonnes |
J DattaGupta
Head- Commercial Services
Top
May
4, 2009
ACC Media Release - Cement Production and
Despatches in April 2009
Our cement production and despatch figures for
the month of April 2009, are as follows:
| April– 2009 |
|
| Cement production |
1.84 million tonnes |
| Cement despatches |
1.80 million tonnes |
| April– 2008 |
|
| Cement production |
1.80 million tonnes |
| Cement despatches |
1.73 million tonnes |
| Cumulative |
|
| January – April 2009 |
|
| Cement production |
7.44 million tonnes |
| Cement despatches |
7.44 million tonnes |
| January – April 2008 |
|
| Cement production |
7.04 million tonnes |
| Cement despatches |
7.02 million tonnes |
Ashok Bhattacharjee
Head- Economic & Sectoral Analysis
Top
May
2, 2009
ACC Media Release
We have noticed certain unvalidated information
carried in the press on cement prices in Delhi
published on May 2.
We would like to clarify that ACC has not increased
prices in Delhi since 1st April and has no plans
of increasing price in Delhi in near future.
The retail price of ACC cement is currently
quoted in the range of Rs 233-235/bag in different
parts of the city as compared to Rs240-242/bag
a month back, a reduction of Rs 5/bag. During
the corresponding months of the previous year
(April-May 2008) the retail prices in Delhi
for ACC Cement was Rs 240-242/bag.
Pakistan cement producers are despatching their
surplus produce at marginal costing. They have
reduced price from US$75-76/MT to US$52-53/MT
now. The quantity imported via Wagah border
in the current month is expected to be around
45-50000 MT which was also the case in the corresponding
month of the previous year. Withdrawal of CVD
and import duty will therefore only reduce revenue
earning of the Government and improve margins
of the Pakistani cement producers.
Capacity utilization of the Indian cement industry
is presently at it's peak. Capacity as reported
in the published data consists of capacity at
the end of a month. This capacity comprises
of all old capacities and a few new capacities
reported to have been commissioned till the
end of the reporting month. As all new capacities
take some time to stabilize, the total capacity
utilization shows below 100% level despite the
fact that all old capacities operate at over
100% utilization.
Cement prices vary from location to location,
and depend on the demand supply balance. With
large capacity additions expected in the next
two quarters it is expected that the prices
will stabilize from July onwards.
J DattaGupta
Chief Commercial Officer
Top
April
2, 2009
ACC Media Release - Cement Production and
Despatches in March 2009
Our cement production and despatch figures for
the month of March 2009, are as follows:
| March– 2009 |
|
| Cement production |
1.99 million tonnes |
| Cement despatches |
2.01 million tonnes |
| March– 2008 |
|
| Cement production |
1.88 million tonnes |
| Cement despatches |
1.92 million tonnes |
| Cumulative |
|
| January – March 2009 |
|
| Cement production |
5.60 million tonnes |
| Cement despatches |
5.64 million tonnes |
| January – March 2008 |
|
| Cement production |
5.24 million tonnes |
| Cement despatches |
5.29 million tonnes |
Rajiv Saxena
Head-Corporate Communications
Top
March 2, 2009
ACC Media Release - Cement Production and Despatches in February 2009
Our cement production and despatch figures for the month of February 2009, are as follows:
| February – 2009 |
|
| Cement production |
1.74 million tonnes |
| Cement despatches |
1.75 million tonnes |
| February – 2008 |
|
| Cement production |
1.69 million tonnes |
| Cement despatches |
1.69 million tonnes |
| Cumulative |
|
| January – February 2009 |
|
| Cement production |
3.61 million tonnes |
| Cement despatches |
3.63 million tonnes |
| January – February 2008 |
|
| Cement production |
3.36 million tonnes |
| Cement despatches |
3.37 million tonnes |
Rajiv Saxena
Head-Corporate Communications
Top
February
25, 2009
ACC's comment on the 3rd Stimulus Package
ACC’s Chief Commercial Officer, Mr. J DattaGupta,
welcomed the Union Finance Minister’s decision
to reduce excise duty on bulk cement by 2 per
cent. "This move will be of mutual benefit
to the Company and the bulk customers. This is
expected to stimulate demand from the real estate,
commercial and infrastructure segments,"
he stated.
"However, the cement industry’s
long-standing request for providing abatement
on excise duty on MRP is yet to be considered
by the Government," he added.
Rajiv Saxena
Head-Corporate Communications
Top
February 2, 2009
ACC Media Release - Cement Production and Despatches in January 2009
Our cement production and despatch figures for the month of January 2009 are as follows:
| January – 2009 |
|
| Cement production |
1.87 million tonnes |
| Cement despatches |
1.89 million tonnes |
| January – 2008 |
|
| Cement production |
1.67 million tonnes |
| Cement despatches |
1.68 million tonnes |
Rajiv Saxena
Head-Corporate Communications
Top
January
23, 2009
ACC wins India Corporate Citizen of the
Year 2008 Award
MUMBAI: ACC Limited, India’s leading cement
manufacturer, has won the CNBC-TV18’s India
Business Leaders Award in the category India Corporate
Citizen of the Year 2008. The awards were presented
by Accenture to honour the best in Indian business.
The award was received by Mr Sumit Banerjee,
Managing Director, on behalf of the Company,
on January 22, 2009 at the hands of the Chief
Minister of Maharashtra, Mr Ashok Chavan.
The winners were judged by business leaders
like Mr Mukesh Ambani, Reliance Industries Ltd.
(Chairperson, jury), Mr Kumar Mangalam Birla,
Chairman, Aditya Birla Group, Mr Deepak Parekh,
Chairman, HDFC, Mr R Seshasayee, Managing Director,
Ashok Leyland, Mr Jagdish Khattar, CMD, Carnation
Auto India Pvt Ltd, and Mr Raghav Bahl, MD,
Network 18, following a rigorous evaluation
by University of Chicago Graduate School of
Business (GSB), Asia campus, and Development
Dimensions International (DDI).
Rajiv Saxena
Head-Corporate Communications
Top
January
09, 2009
Changes in ACC board
The following changes have taken place in the directorate at the board meeting of the company held today:
- Dr. Nirmalya Kumar has ceased to be a Director of the company with immediate effect.
- Mr. Onne van der Weijde, who was the former Chief Financial Officer of the company, has been appointed a Director on the board with immediate effect.
Rajiv Saxena
Head-Corporate Communications
Top
January
02, 2009
ACC Media Release - Cumulative Cement Production
and Despatches from January 2008 to December
2008
Our cumulative cement production and despatch
figures from January 2008 to December 2008 are
as follows:
| Cumulative |
|
| January – December 2008 |
|
| Cement production |
20.84 million tonnes |
| Cement despatches |
20.86 million tonnes |
| January – December 2007 |
|
| Cement production |
19.92 million tonnes |
| Cement despatches |
19.88 million tonnes |
Rajiv Saxena
Head-Corporate Communications
Top
|
