ACC to upgrade and consolidate

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India: Associated Cement Companies Ltd (ACC) is reportedly planning to boost its capacity by 16% to 35Mt/yr from existing 30Mt/yr at present. The expansion will entail an investment of around US$650m, which would be funded entirely from internal accruals.

To achieve this, ACC plans to set up a 4Mt/yr cement unit and a 2.79Mt/yr clinker unit at Jamul in Chattisgarh. The company will also stop its existing production line at Jamul. Grinding units are also planned at Sindri in Jharkhand and Kharagpur in West Bengal. The company also proposes to develop four coal blocks in Madhya Pradesh and one in West Bengal for its raw material requirements.

URL: https://globalcement.com/news/item/855-acc-to-upgrade-and-consolidate

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