ACC records consolidated net profit of Rs 1,430 cr in FY21
Cement

ACC records consolidated net profit of Rs 1,430 cr in FY21

ACC Cement is now a part of the LafarageHolcim Group. In FY21, ACC recorded net sales of Rs 13,487 crore and a consolidated net profit of Rs 1,430 crore.

The company commissioned a new grinding unit at Sindri, Jharkhand, which will add 1.4 million tonnes per annum (mtpa) of cement capacity to its existing three mtpa unit.

Its sustainability strategy is led by the Sustainable Development Plan 2030, aligned with the sustainability vision of the parent company. The initiatives under this plan include investments in improving the energy efficiency of production facilities, using alternative raw materials and fuels, and replacing carbon dioxide intensive clinker used in cement manufacturing with resources derived from fly ash and slag.

It has resulted in a 3.7% reduction in specific carbon dioxide emissions, a 22% drop in nitrous oxide emissions and a 27% reduction in dust emissions in the financial year.

In FY21, ACC consumed 3.63 million cubic m of water in cement operations, down by 9% from the consumption in the previous year. In FY21, of the total cement produced, about 90% was blended cement. In 2021, ACC co-processed 0.57 metric tonnes of waste, of which 99,517 tonnes was a plastic waste.

The company offered eight products that have been certified by the Confederation of Indian Industry to be eco-labelled. Its R&D initiatives in green products include the development of carbon-neutral concrete and ultra-high performance concrete.

The company's green energy consumption was 85.26 units in FY21, compared to the previous year with 82.39 units. It reported a thermal substitution rate of 6.93% in FY21, up from 1.48% in FY20. Moreover, ACC’s waste heat recovery capacity will rise from 7.5 MW to 22.5 MW.

ACC has a dealer footprint of 12,000 and added 2,050 last year. The company has an integrated supply chain into its operational efficiency and sustainability strategy.

Image Source

Also read: Vedanta supplies first rake of 4,000 tonnes fly-ash to ACC Cement

ACC Cement is now a part of the LafarageHolcim Group. In FY21, ACC recorded net sales of Rs 13,487 crore and a consolidated net profit of Rs 1,430 crore. The company commissioned a new grinding unit at Sindri, Jharkhand, which will add 1.4 million tonnes per annum (mtpa) of cement capacity to its existing three mtpa unit. Its sustainability strategy is led by the Sustainable Development Plan 2030, aligned with the sustainability vision of the parent company. The initiatives under this plan include investments in improving the energy efficiency of production facilities, using alternative raw materials and fuels, and replacing carbon dioxide intensive clinker used in cement manufacturing with resources derived from fly ash and slag. It has resulted in a 3.7% reduction in specific carbon dioxide emissions, a 22% drop in nitrous oxide emissions and a 27% reduction in dust emissions in the financial year. In FY21, ACC consumed 3.63 million cubic m of water in cement operations, down by 9% from the consumption in the previous year. In FY21, of the total cement produced, about 90% was blended cement. In 2021, ACC co-processed 0.57 metric tonnes of waste, of which 99,517 tonnes was a plastic waste. The company offered eight products that have been certified by the Confederation of Indian Industry to be eco-labelled. Its R&D initiatives in green products include the development of carbon-neutral concrete and ultra-high performance concrete. The company's green energy consumption was 85.26 units in FY21, compared to the previous year with 82.39 units. It reported a thermal substitution rate of 6.93% in FY21, up from 1.48% in FY20. Moreover, ACC’s waste heat recovery capacity will rise from 7.5 MW to 22.5 MW. ACC has a dealer footprint of 12,000 and added 2,050 last year. The company has an integrated supply chain into its operational efficiency and sustainability strategy. Image Source Also read: Vedanta supplies first rake of 4,000 tonnes fly-ash to ACC Cement

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement