Waste from Tirupur to fuel Coimbatore cement plant
The non-biodegradable waste generated in Tirupur, India, will be delivered to a cement plant on the outskirts of Coimbatore, following the signing of a letter of intent by Tirup...
Acc
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ACC reports a 10% rise in net sales
India’s ACC has reported a 15 per cent YoY increase in consolidated profit-after-tax to INR2.4bn (US$32.6m) for the 3Q18 ended 30 September. Net sales rose 10 per cent to INR33....
ACC announces 11% YoY revenue increase in 2Q18
India’s ACC Ltd has announced an 11 per cent YoY rise in revenue to INR38.48bn (US$557.85m) in the 2Q18, while EBITDA advanced 10 per cent to INR5.4bn. Profit remained largely f...
ACC expects Indian demand to increase by 7% in 2018
India’s ACC expects the country’s cement demands to grow by seven per cent this year, assisted by infrastructure projects and the continued focus on rural development and afford...
ACC announces 19% net profit increase in 1Q18
India's ACC has announced a 19 per cent YoY increase in net profit to INR2.5bn (US$38m) for the 1Q18. The company has attributed this positive performance to increased volumes a...
BJP government to conduct vigilance probe into land transfer
The Bharatiya Janata Party (BJP) government in Haryana, India, has decided to conduct a vigilance probe into the transfer of approximately 122 acres of land from Associated Ceme...
ACC and Ambuja place merger on hold
ACC Ltd and Ambuja Cements Ltd have placed their proposed merger on hold due to constraints related to the transfer of mines under current laws, reports the Hindustan Times.
ACC releases 2017 results
ACC has released its consolidated financial results for the final quarter and full-year period ended 31 December 2017. Cement sales increased 14 per cent in 2017, to 26.21Mt fro...
ACC launches new cement
Neeraj Akhoury, CEO, ACC Ltd, launched the company’s new F2R Superfast cement on Tuesday, according to the Business Standard.
ACC Ltd expects demand to stay on course in 2018
ACC Limited expects demand for cement in India to stay on course in the coming year. In its outlook for 2018, the company stated how the plans by the Government of India to boos...