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Milestones

From its extraordinary beginning out of a historic merger of ten cement companies in 1936, the journey of ACC Limited has been eventful. Every decade has seen the company take pioneering steps not just in cement and concrete but also in the areas of corporate governance, sustainable development and social volunteering.


2016

  • Awarded ACC Sustainable Plus Platinum label of CII-ITC Centre of Excellence in Sustainable Development.
  • ACC receives Silver award for Excellence in Financial Reporting for its Annual Report 2014 from the Institute of Chartered Accountants of India (ICAI).
  • ACC rated as Sustainable Plus Platinum 2015 and named among India’s Most Sustainable by CII-ITC Centre of Excellence in Sustainable Development.

2015

  • ACC’s scrip is felicitated by National Stock Exchange of India for being part of the original Nifty 50 Index since the index was launched twenty-five years ago.
  • ACC’s CSR effort is ranked 12th among the top 100 companies and the first in the Cement Sector companies therein as per a CSR ranking initiative by Economic Times and Indian Institute of Management, Udaipur.
  • ACC received the prestigious CII-ITC Sustainability Award 2015 for “Outstanding Accomplishment” in recognition of its continuous effort and commitment to the cause of Sustainable Development.
  • ACC sets up two waste pre-processing plants at Wadi and Kymore to enhance its usage of industrial wastes.

2014

  • ACC launches its first Waste Heat Recovery System (WHRS) at Gagal in January 2014, marking an important step in energy conservation. The WHRS harnesses waste heat from exhaust gases discharged in manufacturing and converts it into useful electrical energy.
  • ACC sets up a plant in Bardhaman, West Bengal to manufacture EcoBricks which are eco-friendly and technically superior fly ash based bricks to meet the emerging needs of the construction industry in a sustainable way.

2013

  • La Residency at Thane, a 45 year old apartment block retrofitted as a modern hostel, received LEED Platinum certification.
  • ACC sets up Green Building Material Centres in Maharashtra, Uttar Pradesh, Madhya Pradesh, and Rajasthan as one stop shops to promote low-cost locally made green construction materials and expertise to rural and semi-urban India.
  • ACC wins CII-ITC Sustainability Prize, the highest honour awarded by CII ITC for 2013, as one of India's Most Sustainable Companies.
  • ACC ranked as India's Most Admired Company in the cement sector by Fortune India and Hay Group India.

2012

  • ACC launches M-100 grade concrete especially designed for the construction of high intensity towers
  • Amalgamation of two subsidiary companies ACC Concrete and Encore Cement & Additives with ACC Limited
  • First cement company in India to induct use of Radio Frequency Identification Device (RFID) and Global Positioning System (GPS) tracking to accelerate turnaround time of trucks

2011

  • World's largest kiln installed at ACC Cement Plant, Wadi, Karnataka with a capacity of 12,500 tonnes per day creating new landmarks for cement industry
  • Central Control Room Building at ACC Chanda Plant, Maharashtra set up as a Green building, the first of its kind in an industrial environment
  • ACC Secretarial & Share processes received ISO 9001 – 2008 Certification

 

2010

  • Kudithini Cement Grinding Plant inaugurated in Karnataka on January 4, 2010 with a capacity of 1.1 MTPA of Portland Slag Cement.
  • ACC acquires 100 percent of the financial equity of Encore Cements & Additives Private Limited which is a slag grinding plant in Vishakhapatnam in coastal Andhra Pradesh. This company became a wholly-owned subsidiary of ACC in January 2010.
  • ACC enters its platinum jubilee year - the first company in the cement industry to achieve this status
  • ACC receives FICCI Award for Outstanding Corporate Vision Triple Impact Business Performance Social & Environmental Action & Globalisation for 2009-10 - a unique award received for the first time
  • New clinkering line of capacity 7000 tonnes per day commissioned at Chanda in Maharashtra in November 2010. Fully integrated plant of 3.8 million tonnes per annum of cement inaugurated in January 2012.

2009

  • ACC received the Jamanalal Bajaj "Uchit Vyavahar Puraskar" of Council for Fair Business Practices
  • ACC is allotted coal blocks in Madhya Pradesh and West Bengal.
  • ACC's new Grinding plant of capacity 1.60 million tonnes inaugurated at Thondebhavi in Karnataka.
  • Cement House transformed into Green building with Leadership in Energy & Environmental Design (LEED) Gold certification from Indian Green Building Council. First project in the country in category major renovation of existing building.

2008

  • Ready mixed concrete business hived off to a new subsidiary called ACC Concrete Limited.
  • ACC Cement Technology Institute formally inaugurated at Jamul on July 7.
  • First Sustainable Development Report released on June 5.
  • ACC wins CNBC-TV18 India Business Leader Award in the category India Corporate Citizen of the year 2008
  • Project Orchid launched to transform our Corporate Office, Cement House into a green building.

2007

  • ACC partners with Christian Medical College for treatment of HIV/AIDS in Tamil Nadu
  • Sumant Moolgaokar Technical Institute completes 50 years and reopens with new curriculum

2006

  • Subsidiary companies Damodhar Cement & Slag Limited, Bargarh Cement Limited and Tarmac (India) Limited merged with ACC
  • ACC announces new Workplace policy for HIV/AIDS
  • Change of name to ACC Limited with effect from September 1, 2006 from The Associated Cement Companies Limited.
  • ACC receives Good Corporate Citizen Award 2005-06 from Bombay Chamber of Commerce and Industry
  • New corporate brand identity and logo adopted from October 15, 2006
  • ACC establishes Anti Retroviral Treatment Centre for HIV/AIDS patients at Wadi in Karnataka– the first ever such project by a private sector company in India.

2005

  • ACC receives the CFBP Jamnalal Bajaj Uchit Vyavahar Puraskar Certificate of Merit – 2004 from Council For Fair Business Practices.
  • Holcim group of Switzerland enters strategic alliance with Ambuja Group by acquiring a majority stake in Ambuja Cements India Ltd. (ACIL) which at the time held 13.8 % of the total equity shares in ACC. Holcim simultaneously makes an open offer to ACC shareholders, through Holdcem Cement Pvt. Limited and ACIL, to acquire a majority shareholding in ACC. Pursuant to the open offer, ACIL’s shareholding in ACC increases to 34.69 % of the Equity share capital of ACC.
  • Commissioning of Modernisation and Expansion project at Chaibasa in Jharkhand, replacing old wet process technology with a new 1.2 MTPA clinkering unit, together with a captive power plant of 15 MW.
  • Financial accounting year of the company changed to calendar year January-December

2004

  • IDCOL Cement Limited is renamed as Bargarh Cement Limited (BCL).
  • ACC raises US $ 100 million abroad through Foreign Currency Convertible Bonds (FCCB’s) for US$ 60 million and Global Depository Shares (GDS’s) for US $ 40 million. Both offerings are listed on the London Stock Exchange.
  • ACC named as a Consumer Superbrand by the Superbrands Council of India, becoming the only cement company to get this status.
  • GreenTech Safety Gold and Silver Awards awarded to Madukkarai Cement Works and Katni Refractory Works by Greentech Foundation for outstanding performance in Safety Management System.

2003

  • IDCOL Cement Ltd becomes a subsidiary of ACC

2002

  • ACC wins PHDCCI Good Corporate Citizen Award

2001

  • Commissioning of the new plant of 2.6 MTPA capacity at Wadi, Karnataka plant, the largest in the country, and among the largest sized kilns in the world

2000

  • Tata Group sells their remaining stake in ACC to the GACL group, who with 14.45% now emerge as the single largest shareholder of ACC.

1999

  • Commissioning of captive power plants at the Jamul and Kymore plants in Madhya Pradesh.
  • Tata group sells 7.2% of its stake in ACC to Ambuja Cement Holdings Ltd, a subsidiary of Gujarat Ambuja Cements Ltd. (GACL)

1998

  • Commissioning of the 0.6 MTPA cement grinding unit at Tikaria, Uttar Pradesh.

1996

  • Damodhar Cement & Slag Ltd, Purulia, West Bengal becomes a subsidiary of ACC

1995

  • ACC selected as Most Respected Company in India by Business India.

1993

  • ACC starts the commercial manufacture of Ready Mixed Concrete at Mumbai.

 1992

  • Incorporation of Bulk Cement Corporation of India, a joint venture with the Government of India.

1987

  • ACC develops a new binder for use at sub-zero temperatures, which is successfully used in the Indian expedition to Antarctica.

1984

  • ACC achieves a breakthrough in import substitution by developing and supplying a special G type of oil well cement to ONGC.

1982

  • Commissioning of the first 1 MTPA plant in the country at Wadi, Karnataka.

1979

  • ACC wins international contract for operation and management of a new one million tonne cement plant at Yanbu-Ras Biridi in Saudi Arabia.

1978

  • Introduction of the energy efficient precalcinator technology for the first time in India. Full scale commercial production based on MFC technology at Wadi in 1979.

1977

  • ACC receives ASSOCHAM first national award for the year 1976 instituted for outstanding performance in promoting rural and agricultural development activities.

1973

  • Take-over of The Cement Marketing Company of India (CMI)

1971

  • Manufacture of Whytheat Castables A, K, C and Cal-Al-75

1968

  • Advent of computers in ACC for data processing and designing management information and control systems.
  • ACC supplied and commissioned one-million-tonne iron ore pelletising plant ordered by TISCO

1965

  • ACC’s Central Research Station (CRS) established at Thane
  • Manufacture of Portland Pozzolana Cement.
  • Manufacture of Calundum, a High Alumina Binder; Firecrete, Low Density Alumina Castables and High Alumina Refractory Cement.

1962

  • Manufacture of Accoproof, a waterproofing additive.

1961

  • Blast furnace slag from TISCO used at the Chaibasa Unit to manufacture Portland Slag Cement for the first time in India.
  • Manufacture of Accocid Cement, which resists the corrosive action of acids and chemicals.
  • Oilwell Cement manufactured at ACC Shahabad Cement Works in Karnataka for cementation of oilwells upto a depth of 6,000 feet.
  • Manufacture of Hydrophobic (waterproof) cement at ACC Khalari Cement Works in Bihar.

1957

  • Technical training institute established at Kymore, Madhya Pradesh.
  • Katni Refractories

 1956

  • Bulk Cement Depot established at Okhla, Delhi

 1955

  • Sindri cement works used the waste product calcium carbonate sludge from fertilizer factory at Sindri.

1952

  • Village Welfare Scheme launched

1947

  • India’s first entirely indigenous cement plant established at Chaibasa in Bihar

1944

  • ACC’s first community development venture near Bombay

1939

  • Work begins on constructing a new building for the company's head office based on a design of Ballardie Thompson & Mathews adjudged winner in an all India contest. When completed, the building - Cement House - is requisitioned by the Royal Air Force for wartime use and vacated only in 1946.

1937

  • With the transfer of the 10th company to ACC, viz. Dewarkhand Cement Company,
    the formation of ACC is complete on October 23, 1937.

1936

  • Incorporation of The Associated Cement Companies Limited on August 1, 1936.
  • First Board Meeting of The Associated Cement Companies Limited held at Esplanade House, Mumbai on November 10, 1936.

  • 1944
  • ACC’s first community development venture near Bombay

  • 1947
  • India’s first entirely indigenous cement plant established at Chaibasa in Bihar

  • 1952
  • Village Welfare Scheme launched

  • 1955
  • Sindri cement works used the waste product calcium carbonate sludge from fertilizer factory at Sindri.

  • 1956
  • Bulk Cement Depot established at Okhla, Delhi

  • 1957
  • Technical training institute established at Kymore, Madhya Pradesh.

    Katni Refractories

  • 1961
  • Blast furnace slag from TISCO used at the Chaibasa Unit to manufacture Portland Slag Cement for the first time in India.

    Manufacture of Accocid Cement, which resists the corrosive action of acids and chemicals.

    Oilwell Cement manufactured at ACC Shahabad Cement Works in Karnataka for cementation of oilwells upto a depth of 6,000 feet.

    Manufacture of Hydrophobic (waterproof) cement at ACC Khalari Cement Works in Bihar.

  • 1962
  • Manufacture of Accoproof, a waterproofing additive.

  • 1965
  • ACC’s Central Research Station (CRS) established at Thane

    Manufacture of Portland Pozzolana Cement.

    Manufacture of Calundum, a High Alumina Binder; Firecrete, Low Density Alumina Castables and High Alumina Refractory Cement.

  • 1968
  • Advent of computers in ACC for data processing and designing management information and control systems.

    ACC supplied and commissioned one-million-tonne iron ore pelletising plant ordered by TISCO

  • 1971
  • Manufacture of Whytheat Castables A, K, C and Cal-Al-75

  • 1973
  • Take-over of The Cement Marketing Company of India (CMI)

  • 1977
  • ACC receives ASSOCHAM first national award for the year 1976 instituted for outstanding performance in promoting rural and agricultural development activities.

  • 1978
  • Introduction of the energy efficient precalcinator technology for the first time in India. Full scale commercial production based on MFC technology at Wadi in 1979.

  • 1979
  • ACC wins international contract for operation and management of a new one million tonne cement plant at Yanbu-Ras Biridi in Saudi Arabia.

  • 1982
  • Commissioning of the first 1 MTPA plant in the country at Wadi, Karnataka.

  • 1984
  • ACC achieves a breakthrough in import substitution by developing and supplying a special G type of oil well cement to ONGC.

  • 1987
  • ACC develops a new binder for use at sub-zero temperatures, which is successfully used in the Indian expedition to Antarctica.

  • 1992
  • Incorporation of Bulk Cement Corporation of India, a joint venture with the Government of India.

  • 1993
  • ACC starts the commercial manufacture of Ready Mixed Concrete at Mumbai.

  • 1995
  • ACC selected as Most Respected Company in India by Business

  • 1996
  • Damodhar Cement & Slag Ltd, Purulia, West Bengal becomes a subsidiary of ACC

  • 1998
  • Commissioning of the 0.6 MTPA cement grinding unit at Tikaria, Uttar Pradesh.

  • 1999
  • Commissioning of captive power plants at the Jamul and Kymore plants in Madhya Pradesh.

    Tata group sells 7.2% of its stake in ACC to Ambuja Cement Holdings Ltd, a subsidiary of Gujarat Ambuja Cements Ltd. (GACL)

  • 2000
  • Tata Group sells their remaining stake in ACC to the GACL group, who with 14.45% now emerge as the single largest shareholder of ACC.

  • 2001
  • Commissioning of the new plant of 2.6 MTPA capacity at Wadi, Karnataka plant, the largest in the country, and among the largest sized kilns in the world.

  • 2002
  • ACC wins PHDCCI Good Corporate Citizen Award

  • 2003
  • IDCOL Cement Ltd becomes a subsidiary of ACC

  • 2004
  • IDCOL Cement Limited is renamed as Bargarh Cement Limited (BCL).

    ACC raises US $ 100 million abroad through Foreign Currency Convertible Bonds (FCCB’s) for US$ 60 million and Global Depository Shares (GDS’s) for US $ 40 million. Both offerings are listed on the London Stock Exchange.

    ACC named as a Consumer Superbrand by the Superbrands Council of India, becoming the only cement company to get this status.

    GreenTech Safety Gold and Silver Awards awarded to Madukkarai Cement Works and Katni Refractory Works by Greentech Foundation for outstanding performance in Safety Management System.

  • 2005
  • ACC receives the CFBP Jamnalal Bajaj Uchit Vyavahar Puraskar Certificate of Merit – 2004 from Council For Fair Business Practices.

    Holcim group of Switzerland enters strategic alliance with Ambuja Group by acquiring a majority stake in Ambuja Cements India Ltd. (ACIL) which at the time held 13.8 % of the total equity shares in ACC. Holcim simultaneously makes an open offer to ACC shareholders, through Holdcem Cement Pvt. Limited and ACIL, to acquire a majority shareholding in ACC. Pursuant to the open offer, ACIL’s shareholding in ACC increases to 34.69 % of the Equity share capital of ACC.

    Commissioning of Modernisation and Expansion project at Chaibasa in Jharkhand, replacing old wet process technology with a new 1.2 MTPA clinkering unit, together with a captive power plant of 15 MW.

    Financial accounting year of the company changed to calendar year January-December

  • 2006
  • Subsidiary companies Damodhar Cement & Slag Limited, Bargarh Cement Limited and Tarmac (India) Limited merged with ACC

    ACC announces new Workplace policy for HIV/AIDS

    Change of name to ACC Limited with effect from September 1, 2006 from The Associated Cement Companies Limited.

    ACC receives Good Corporate Citizen Award 2005-06 from Bombay Chamber of Commerce and Industry

    New corporate brand identity and logo adopted from October 15, 2006

    ACC establishes Anti Retroviral Treatment Centre for HIV/AIDS patients at Wadi in Karnataka– the first ever such project by a private sector company in India.

  • 2007
  • ACC partners with Christian Medical College for treatment of HIV/AIDS in Tamil Nadu

    Sumant Moolgaokar Technical Institute completes 50 years and reopens with new curriculum

  • 2008
  • Ready mixed concrete business hived off to a new subsidiary called ACC Concrete Limited.

    ACC Cement Technology Institute formally inaugurated at Jamul on July 7.

    First Sustainable Development Report released on June 5.

    ACC wins CNBC-TV18 India Business Leader Award in the category India Corporate Citizen of the year 2008

    Project Orchid launched to transform our Corporate Office, Cement House into a green building.

  • 2009
  • ACC received the Jamanalal Bajaj "Uchit Vyavahar Puraskar" of Council for Fair Business Practices

    ACC is allotted coal blocks in Madhya Pradesh and West Bengal.

    ACC's new Grinding plant of capacity 1.60 million tonnes inaugurated at Thondebhavi in Karnataka.

    Cement House transformed into Green building with Leadership in Energy & Environmental Design (LEED) Gold certification from Indian Green Building Council. First project in the country in category major renovation of existing building.

  • 2010
  • Kudithini Cement Grinding Plant inaugurated in Karnataka on January 4, 2010 a capacity of 1.1 MTPA of Portland Slag Cement.

    ACC acquires 100 percent of the financial equity of Encore Cements & Additives Private Limited which is a slag grinding plant in Vishakhapatnam in coastal Andhra Pradesh. This company became a wholly-owned subsidiary of ACC in January 2010.

    ACC enters its platinum jubilee year - the first company in the cement industry to achieve this status

    ACC receives FICCI Award for Outstanding Corporate Vision Triple Impact Business Performance Social & Environmental Action & Globalisation for 2009-10 - a unique award received for the first time

    New clinkering line of capacity 7000 tonnes per day commissioned at Chanda in Maharashtra in November 2010. Fully integrated plant of 3.8 million tonnes per annum of cement inaugurated in January 2012.

  • 2011
  • World's largest kiln installed at ACC Cement Plant, Wadi, Karnataka with a capacity of 12,500 tonnes per day creating new landmarks for cement industry

    Central Control Room Building at ACC Chanda Plant, Maharashtra set up as a Green building, the first of its kind in an industrial environment

    ACC Secretarial & Share processes received ISO 9001 – 2008 Certification

  • 2012
  • ACC launches M-100 grade concrete especially designed for the construction of high intensity towers

    Amalgamation of two subsidiary companies ACC Concrete and Encore Cement & Additives with ACC Limited

    First cement company in India to induct use of Radio Frequency Identification Device (RFID) and Global Positioning System (GPS) tracking to accelerate turnaround time of trucks

  • 2013
  • La Residency at Thane, a 45 year old apartment block retrofitted as a modern hostel, received LEED Platinum certification.

    ACC sets up Green Building Material Centres in Maharashtra, Uttar Pradesh, Madhya Pradesh, and Rajasthan as one stop shops to promote low-cost locally made green construction materials and expertise to rural and semi-urban India.

    ACC wins CII-ITC Sustainability Prize, the highest honour awarded by CII ITC for 2013, as one of India's Most Sustainable Companies.

    ACC ranked as India's Most Admired Company in the cement sector by Fortune India and Hay Group India.

  • 2014
  • ACC launches its first Waste Heat Recovery System (WHRS) at Gagal in January 2014, marking an important step in energy conservation. The WHRS harnesses waste heat from exhaust gases discharged in manufacturing and converts it into useful electrical energy.

    ACC sets up a plant in Bardhaman, West Bengal to manufacture  EcoBricks which are eco-friendly and technically superior fly ash based bricks to meet the emerging needs of the construction industry in a sustainable way.



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