What is the Full Form of ACC?

ACC stands for "Associated Cement Companies"

ACC represents Associated Cement Companies. ACC was once known as the Associated Cement Companies (ACC). It is the first producer of concrete and prepared blended cement in India. Its base camp is situated on the Maharshi Karve Road, Mumbai which is otherwise called Cement House. It has 17 best in class concrete production lines, around 60 prepared blended solid plants, and a huge appropriation organization and deals with workplaces the nation over. Since its initiation, it has been a trailblazer and prestigious benchmark in concrete, constant innovation. As of October 2017, Mr. Neeraj Akhoury is the MD and CEO of ACC restricted.

Vision: To be one of the presumed organizations in India perceived for testing shows and conveying our guarantees:

Key Products of ACC:

• Portland concrete
• Premium concretes
• Mass concrete
• Prepared Mixed Concrete
• Prepared Mixed Concrete Value Added Products

Brief History of ACC

• ACC Ltd was incepted as The Associated Cement Companies Ltd in August 1936 by the consolidation of ten existing concrete organizations.
• In 1944, it set up India's first completely native concrete plant at Chaibasa in Bihar.
• In 1956, it set up a mass concrete stop at Okhla in New Delhi
• In 1965, it set up a Central Research Station at Thane.
• In 1973, it procured the Cement Marketing Company of India.
• In 1978, it presented precalcinator innovation without precedent for India.
• In 1982, it charged its initial 1 MPTA plant at Wadi in Karnataka. In the exact year, it set up Bulk Cement Corporation of India through a joint endeavor with Govt. of India.
• The place of TATA was related to the organization till 1999. It offered its 7.2% stake in the ACC to Ambuja Cement Holdings Ltd in 1999 and the excess stake to Gujarat Ambuja Cements Ltd.
• In 2003, IDCOL Cement Ltd turned into an auxiliary of the organization which was renamed Bargarh Cement Ltd in 2004.
• In 2004, it was perceived as Consumer Superbrand by the Superbrands Council of India.
• In 2006, Damodhar Cement and Slag Ltd, Bargarh Cement Ltd, and Tarmac (India) Ltd converged with the organization, and Associated Cement Companies Ltd was renamed ACC Ltd with impact from September 1, 2006.
• In 2008, its solid business was hived off to another auxiliary called ACC Concrete Ltd.
• On July 7, 2008, it set up ACC Cement Technology Institute at Jamul.
• In September 2009, it introduced a coal washery in Jamul.
• In 2010, it appointed the 2.5 MW wind factory project in Maharashtra.
• In 2011, it got the ISO 9001-2008 accreditation from Det Norske Veritas (DNV) AS Certification Services.

Achievements of ACC

• 2010: It entered its platinum celebration year and turned into the main organization in the concrete business to accomplish this status. In this year, it additionally got the FICCI Award for 2009-10.
• 2011: It introduced the world's biggest oven at ACC Cement Plant in Karnataka with a limit of 12,500 tons for every day.
• 2012: ACC presented M-100 level cement for the development of focused energy towers. It likewise turned into the first concrete organization in Quite a while to present the utilization of Radio Frequency Identification Device (RFID) and GPS to improve the turnaround season of trucks.
• 2013: ACC won CII-ITC Sustainability Prize and positioned as Most Admired Company of India in the concrete area by Fortune India and Hay Group India.
• 2014: It dispatched Waste Heat Recovery System (WHRS) at Gagal, a significant advance towards energy protection.
• 2015: It set up two waste pre-preparing plants at Wadi and Kymore to improve the use of mechanical waste.
• 2016: ACC got the Silver Award for Excellence in Financial Reporting for its Annual Report 2014 from the ICAI.
• 2017: ACC won the "Silver Award" for greatness in Financial Reporting for its Annual Report 2015 from the ICAI.