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What is the full form of ACC?
Full form of ACC: Here, we are going to learn about the ACC, full form of ACC, overview, key products, brief history and achievements.
By Anushree Goswami Last updated : April 4, 2024
ACC: Associated Cement Companies
ACC is an abbreviation Associated Cement Companies. Previously, ACC limited was called the Associated Cement Companies (ACC). In India, ACC is the leading manufacturer of cement and ready-mixed concrete and its head office is situated on the Maharishi Karve Road, Mumbai which is also known as Cement House.
The ACC contains 17 state-of-the-art cement factories, in the region of 60 ready-mixed concrete plants, and an enormous network of distribution and sales offices across the country. It has been a leading light and prominent benchmark in cement and concrete technology from its establishment time.
The MD & CEO of ACC limited is Mr. Neeraj Akhoury from October 2017.
ACC Key Products
- Portland cement
- Premium cements
- Bulk cement
- Ready Mixed Concrete
- Ready Mixed Concrete Value Added Products
ACC Brief History
- In August 1936, the establishment of ACC Ltd was called The Associated Cement Companies Ltd by the union of ten existing cement companies.
- In 1944, it recognized as India's first completely original cement plant at Chaibasa in Bihar.
- In 1956, it organized a bulk cement depot at Okhla in New Delhi.
- In 1965, it founded Central Research Station at Thane.
- In 1978, it launched precalcinator technology for the foremost time in India.
- In 2004, it was renowned as Consumer Superbrand by the Superbrands Council of India.
- In 2006, Damodhar Cement & Slag Ltd, Bargarh Cement Ltd and Tarmac (India) Ltd combined with the company and Associated Cement Companies Ltd was renamed ACC Ltd with the outcome from September 1, 2006.
- In 2010, it authorized the production of the 2.5 MW windmill project in Maharashtra.
- In 2011, it acknowledged the ISO 9001-2008 certification from Det Norske Veritas (DNV) AS Certification Services.
ACC Achievements
- In 2010, it set its foot into platinum jubilee year and became the most prominent company in the cement industry to accomplish this standard. In the same year, it also acknowledged the FICCI Award for 2009-10.
- In 2011, it installed the world's largest kiln at ACC Cement Plant in Karnataka with a capacity of 12,500 tonnes per day.
- In 2012, ACC launched M-100 grade concrete for the construction of high-intensity towers. It also became the first cement company in India to launch the use of Radio Frequency Identification Device (RFID) and GPS to advance the turnaround time of trucks.
- In 2013, ACC won CII-ITC Sustainability Prize and ranked as the Most Admired Company of India in the cement sector by Fortune India and Hay Group India.
- In 2014, it introduced the Waste Heat Recovery System (WHRS) at Gagal, a significant move in the direction of energy conservation.
- In 2015, it founded two waste pre-processing plants at Wadi and Kymore to enhance the usage of industrial waste.
- In 2016, ACC acknowledged the Silver Award for Excellence in Financial Reporting for its Annual Report 2014 from the ICAI.
- In 2017, ACC won the "Silver Award" for excellence in Financial Reporting for its Annual Report 2015 from the ICAI.