Professional Documents
Culture Documents
First Board Meeting of The Associated Cement Companies Limited held at Esplanade House,
Mumbai on November 10, 1936.
1937
With the transfer of the 10th company to ACC, viz. Dewarkhand Cement Company, the
formation of ACC is complete on October 23, 1937.
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.
• 1957
• Katni Refractories
• 1961
• Blast furnace slag from TISCO used at the Chaibasa Unit to manufacture Portland Slag
Cement for the first time in India.
• 1961
• Manufacture of Accocid Cement, which resists the corrosive action of acids and chemicals.
• 1961
• Oilwell Cement manufactured at ACC Shahabad Cement Works in Karnataka for
cementation of oilwells upto a depth of 6,000 feet.
• 1961
• 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
• 1965
• Manufacture of Portland Pozzolana Cement.
• 1965
• 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.
• 1968
• 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.
• 1995ACC selected as Most Respected Company in India by Business India.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.
• 1999
• 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.
BOARD OF DIRECTORS
• Mr N. S. Sekhsaria
Chairman
• Mr Paul Hugentobler
Deputy Chairman
• Mr Kuldip K Kaura
Chief Executive Officer & Managing Director
• Mr S M Palia
Mr Naresh Chandra
Mr Markus Akermann
Mr M L Narula
Mr D K Mehrotra
Mr R A Shah
Mr Shailesh Haribhakti
Mr Aidan Lynam
Mr Sushil Kumar Roongta
Incorporated on 1st August 1936 with its pioneer F.E.Dinshaw
Blended Cements
Fly-Ass Based Portland Pozzolana Cement
Portland Slag Cement
Bulk Cement
Readymix Concrete
Policies & Principles
Human Rights
Labour Standards
Environment
Anti Corruption
Corporate Social Responsibility
Community & Rural Welfare
Education
Healthcare
HIV/AIDS treatment
Disaster Management
Corporate Governance
Audit committee was constituted in 1986
Employee Safety
Built training Facility plus Residential campus “ ACC Cement Technological Institute”
Enabling Employees :
• SWORD of Honour
• FICCI Award
WEAKNESS :-
5. Low emphasis on promotion
6. Lack of awareness programs for consumers
Opportunity :-
1. Intensive use of cement is taking place & Govt is spending heavily on
infrastructure project
2. FDI in infrastructure sector is going to increase
3. Roads undergoing through transformation process
Threats :-
4. Large no of players in the industry
5. India’s exponential growth in international cement companies can start price
war
6. Players such as Jaypee Cement, Prism Cement & Birla Samrat are eating up
considerable market share
Mergers
• In 2006 :
Subsidiary Companies Damodhar Cement & Slag Ltd, Bargarh
cement Ltd and Tarmac(India) Ltd merged with ACC