- Business
- ACC Limited (ACC.BO) manufactures and markets cement and ready-mixed concrete (RMC) in India. The company produces Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and specialized products including ACC Gold, ACC F2R, construction chemicals such as ACC LeakBlock waterproofing compounds and plasters, tile adhesives under the ACC Xtra Strong brand, and ready-mix concrete; it also offers technical services encompassing construction solutions, on-site support, product development, and sustainable practices. ACC operates 17 cement plants and over 90 RMC plants with a total installed capacity of approximately 37 million tonnes per annum, serving individual home builders, contractors, infrastructure companies, and government departments through a network of more than 7,000 dealers and retailers across India. Founded in 1936 as The Associated Cement Companies Limited and renamed ACC Limited in September 2006, the company is headquartered in Mumbai, India, and functions as a subsidiary of Ambuja Cements Limited within the Adani Group.
In January 2024, ACC completed the acquisition of the remaining 55% stake in Asian Concretes and Cements Private Limited (ACCPL) for an enterprise value of Rs 775 crore, funded through internal accruals, thereby achieving 100% ownership and strengthening its presence in North India's cement market while boosting Adani Group's overall capacity toward 106 million tonnes per annum by FY2026. This move followed Adani Group's acquisition of Holcim's stakes in ACC and Ambuja Cements in May 2022 for US$10.5 billion, marking a major ownership transition from the LafargeHolcim Group. ACC continues to emphasize sustainability, targeting a 30-33% reduction in carbon emissions per tonne of cement by 2030, increased renewable energy usage to 40-50% of needs, and investments in eco-friendly products and waste management.