Adani Cements plans green capacity expansion
The new capacity additions for Adani Cements would be only for manufacturing of green cement, as it looks to double the production of the commodity to about 140Mta by FY27-28. T...
Acc Ltd
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Adani Cements will not require external loans for capex expansion
Adani Cements is looking to rely on operating cash flows and internal accruals to fund its INR460,000m (US$5.5bn) expansion capex over the next five years, without the need for ...
ACC launches Bagcrete
ACC Ltd has launched Bagcrete, a pre-blended and high-quality concrete for all types of construction jobs. According to the company, Bagcrete was created to offer the best compr...
ACC Ltd posts 14% rise in revenue
ACC Ltd has reported a 14 per cent increase in revenue to INR45,370m (US$554.7m) in the quarter ended 31 December 2022, up from INR42,260m in the same period a year earlier. EBI...
Freight dispute continues in northern India
The dispute over freight rates continues to run after two weeks, forcing the closure of two cement plants in Himachal Pradesh, as talks between truck operators and the managemen...
Indian cement prices to rise further in December
Cement prices in India are expected to rise by INR10-15/bag (US$0.12-0.18/bag) this month, according to a report by Emkay Global Financial Services Ltd. Since August this year, ...
Ambuja Cements and ACC Ltd win sustainable waste award
ACC Ltd and Ambuja Cements , part of the Adani Group , have scooped the Platinum Award at the 12th International Conference & IPLA Global Forum 2022 in Sustainable Waste Managem...
Adani Group to refinance Ambuja Cements and ACC bridging loans
The Adani Group is reported to be in talks with several foreign banks to refinance US$3.5bn of bridging loans taken for the acquisition of Ambuja Cements Ltd and ACC Ltd this ye...
ACC Ltd records cement volume growth of 4%
ACC Ltd (ACC) (Adani Group) has announced the financial results for the quarter ended 30 September 2022, recording a cement volume grew of four per cent as compared to the same ...
Adani Group to invest US$848m in Rajasthan cement
India’s Adani Group has revealed plans to spend INR70bn (US$848m) doubling the group’s cement production capacity in the northern state of Rajasthan. This follows an announcemen...