Cement News tagged under: ACC

RSS feed

Loesche awarded new contract for ACC project

20 March 2013, Published under Cement News

Loesche, in a consortium with KHD, has been awarded a contract for its vertical roller mill technology to be employed at ACC’s Jamul plant in India. Loecshe will supply its mills type LM 56.3+3 and LM 43.3 D for the new project being undertaken by Holcim group company ACC. Part of the clinker produced in Jamul will be ground at the cement plant while another part will be processed at grinding terminals, for which a Loesche Mill Type LM 56.3+3 CS equipped with a classifier type LDC will ...

ACC sees 49 per cent drop in quarterly profit

08 February 2013, Published under Cement News

India’s second largest cement producer ACC reported a 49 per cent YoY drop in net profit for the third quarter of the current fiscal. The company, in which Swiss cement major Holcim owns a 50.3 per cent stake, reported a net profit of INR2.39bn compared with INR4.7bn a year earlier for the October-December 2012 period. The year-ago number included an exceptional gain for a tax write-back of INR1.29bn. Excluding this, profit would have fallen 30 per cent. Higher fuel and transportation cos...

Mixed bag of Q3FY13 earnings for Indian cement producers

10 January 2013, Published under Cement News

A weakness in cement prices and softening demand in the region is expected to hit Q3FY13 earnings of some of India’s cement producers. Only ACC and Ambuja are forecast to record a YoY earnings growth, says research house Jefferies. Grasim, ICEM and UltraTech are predicted to see more modest earnings. Ambuja should benefit from a 1.2 per cent YoY rise to 5.8Mt in cement and clinker volumes. Average realisation is anticipated to improve nine per cent YoY, largely cancelling out the two per ...

KHD wins new order for 9000tpd ACC plant, India

19 December 2012, Published under Cement News

KHD Humboldt Wedag International AG subsidiaries, Humboldt Wedag India, Pvt Ltd and Humboldt Wedag GmbH received an order from Holcim Group company ACC Ltd, India, for a new 9000tpd cement plant. The total project value, of €69m, consists of a euro portion of €19.8m and an Indian rupee portion equivalent to €49.2m. The plant will be built in Jamul, Chhattisgarh, India and is scheduled for commissioning in May 2015. KHD will supply its energy-efficient COMFLEX® technology for the raw mate...

ACC awards contract for Jamul Cement plant construction, India

18 December 2012, Published under Cement News

McNally Bharat Engineering has been awarded a contract by ACC Ltd for the construction and installation of a cement plant in the central Indian state of Chhattisgarh. "The company has received an order from ACC Ltd for onshore supply, civil construction and installation and erection of the new Jamul Cement plant," McNally Bharat said in a filing to the Bombay Stock Exchange. The order has a contractual delivery period of 30.5 months, it said and is worth INR733 crore McNally Bharat Enginee...

Holcim Services (South Asia) signs fleet management deal, India

13 December 2012, Published under Cement News

Holcim Services (South Asia) Ltd, a unit of the Holcim Group, will deploy the Trimble® trako Fleet Management and Visual Cargo solutions in their outbound logistics fleet that transports cement to various destinations across India. The Trimble solution will provide Holcim better visibility into its transport logistics operations to help increase fleet productivity, improve operational efficiencies, enhance fleet and driver safety, and meet tight delivery timelines. As part of the implemen...

ACC sales rise 3.5 per cent YoY to 2.04Mt in Oct

05 November 2012, Published under Cement News

ACC Ltd's sales rose 3.5 per cent to 2.04Mt in October, from 1.97Mt in the same month a year ago. The company's production increased marginally to 2.05Mt during the month, as compared to 2.04Mt in October 2011, ACC said in a statement. During the January-October period of 2012, the company reported 2.5 per cent growth in sales to 20.26Mt from 19.76Mt in the same period last year. The production increased 2.72 per cent to 20.34Mt during the 10 months to October from 19.8Mt in the year-ago ...

ACC reports 52 per cent rise in 2QFY13 net profit

19 October 2012, Published under Cement News

ACC Ltd reported the growth of 52 per cent in its consolidated net profit for the second quarter of FY12-13 and expects its sales volume to increase in the next quarter as the monsoon season has ended. Net profit during the July-September period was INR2.42bn rupees (US$45m) against INR1.59bn a year ago. Net sales rose 12 per cent to INR25.56bn during July-September 2012 period but sales volume declined five per cent to 5.4Mt. The steep increase announced in the price of diesel during ...

ACC September cement production up 9%, India

02 October 2012, Published under Cement News

ACC Ltd, part of the Holcim Group, reported that its production in September rose by nine per cent to 1.82Mt from  1.67Mt in the same month of 2011. Dispatches reached 1.80Mt, compared with 1.73Mt, an increase of four per cent. For the first nine months of this calendar year, cement production stood at 18.28Mt compared with 17.76Mt in the corresponding period last year, an increase of three per cent. Meanwhile, cement dispatches were 18.22Mt, up by two per cent from 17.79Mt in January-Septe...

Holcim’s Indian interests report August declines

05 September 2012, Published under Cement News

Holcim’s Indian group companies, ACC and Ambuja Cements, have reported marginal declines in cement production and dispatches for August 2012. ACC, India’s second largest cement producer, posted a decline of 6.9 per cent in cement production as well as cement dispatches to 1.75Mt last month, compared to 1.88Mt in August 2011. Total cement production between January-August 2012 saw growth of 2.4 per cent to 16.47Mt, against 16.09Mt in the same period of last year. Dispatches for the eigh...