News
12.01.2023 10:53Adani Cement launches revolutionary cutting-edge green concrete solution ‘ACC ECOMaxX’ in Mumbai
ACC Limited, the cement and building material company of Adani Cement and part of the Adani Group, is all set to bring a new dimension to the building materials industry by launching ‘ACC ECOMaxX’ in Mumbai and various other locations in the coming few days. It is an expert range of green concrete solutions aimed towards building a sustainable future through conscious green construction.
Region: India
The cement maker has commenced operation at its third Birla White Wall Care Putty plant in Rajasthan with a capacity of 4 LMT per annum, at a total cost of Rs 187 crore.
Region: India
07.11.2022 11:56Ambuja Cements wins ESG India Leadership Awards 2022 for Water Efficiency, GHG Emissions and Overall Leadership in Environment
Ambuja Cements Limited, the cement and building materials arm of Adani Cement and part of the Adani Group, wins ESG India Leadership Awards 2022 for its initiatives on Water Efficiency, curbing Greenhouse Gas Emissions and overall leadership in the Environment category.
Region: India
25.10.2022 17:18ACC posts 4 % growth in cement volume for September quarter
The company has posted volume growth of 10 per cent in its ready-mix concrete to 0.75 mt for the reviewed quarter, against 0.68 Mt in the corresponding quarter , against 0.68 Mt in the corresponding quarter the previous year.
Region: India
Ambuja Cement, now a part of Adani Cement, reported a 68% drop in standalone net profit at ₹138 crore for the quarter ended 30 September, 2022 (Q3FY23) versus ₹441 crore during the same period last year. Shares of Ambuja were trading at ₹513.70 apiece on the NSE, marginally down at 0.77% in afternoon deals.
Region: India
16.09.2022 09:37Holcim closes India divestment
Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of INR 385 and in ACC at a share price of INR 2,300, resulting in cash proceeds of USD 6.4 billion for Holcim. This transaction strengthens Holcim’s balance sheet and enables the company to continue its acquisition strategy, building on recent investments of over CHF 5 billion in Solutions & Products.
Region: India
MP Birla Group firm Birla Corporation plans to increase its cement production capacity by 50 per cent to 30 million tonnes per annum by 2030, the company said in its latest annual report
Region: India