Type: Public (BSE: 500425 | NSE: AMBUJACEM | ISIN: INE079A01024)
Headquarters: Mumbai, Maharashtra, India
Key people: Suresh Neotia, Founder, Chairman Emeritus
N. S. Sekhsaria,Co-Founder, Chairman
Onne van der Weijde, Managing Director
Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is a major cement producing company in India. The Group’s principal activity is to manufacture and market cement and clinker for both domestic and export markets.
The company has entered into a strategic partnership with Holcim, the second largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 per cent promoters` stake in the GACL for INR 21.4 billion.
Currently Holcim holds 50.17% of shares in Ambuja Cements.
1986: Ambuja Cements’ first cement manufacturing plant at Ambujanagar, Gujarat worth 0.7 million tonnes capacity commences production
1987-88: A milestone for the industry: installation of a new generation high-efficiency air separator which close-circuited the operation of the cement mill.
Over 40% of cement production involves power. The Company has achieved significant energy efficiency in its kilns. (For example, outstanding energy efficiency with increased productivity has been achieved even in the Company’s oldest plant at Ambujanagar. Its plant at Himachal Pradesh pushed up productivity while bringing down power costs and also cutting stabilising time, which is critical in cement plants, from upto 18 months to a mere three months).
1988-89: Ambuja Cements sets up another iconic milestone by undertaking the Van-Vihar project to convert a mined area into an environmentally restored and scenic location.
1992-93: Setting up of a 9.4 lakh tonnes plant at Ambujanagar – Gujambuja Cement Ambuja Cements introduces the cutting edge concept of bulk transportation in the countryGujambuja Cement. Three ships specially designed for the purpose are ordered (The first, ‘Ambuja Shikar’ sets up a new ‘peak’ for industry emulation). Setting up of the ambitious one-million tonne cement plant at Suli in Himachal Pradesh. At a time when CSR is not yet common currency, the Company adopts Kodinar Taluka (Junagadh district, Gujarat) for all-round development. It marks the unveiling of the ‘human face’ for enlightened corporates of the same mindset and genre.
1994-95: The blistering pace is sustained. Clinkerisation facility in Suli, Himachal Pradesh and Ropar, Punjab is commissioned. Third one-million tonne plant is set up at Ambujanagar.
1996-97: The Company sounds the boards for a new peak of corporate excellence in the global competitive milieu. Achieves highest-ever export by an Indian cement company: 5.33 lac tons of cement and clinker are exported.
1997-1998: The industry sits up and takes note as a 40 MW power plant is put up at low cost. This increases power generation capacity at Ambujanagar. A new 12MW power plant is also set up at Himachal Pradesh. Total capacity of the power plant is enhanced. The commitment to good corporate citizenship continues as major environment protection measures are undertaken at Kashlog mines in Himachal Pradesh.
1998-99: Plans are unveiled for a new greenfield plant at Guntur, Andhra Pradesh.
1999-2000: India’s cement industry applauds as a cement terminal is set up in Sri Lanka.
2000-2001: Cranking up the pace again, work begins on a two-million tonnes capacity plant at Chandrapur district, Maharashtra. An earthquake devastates Gujarat. Ambuja Cements demonstrates exemplary caring and concern. The rehabilitation campaign becomes a model for relevance and community involvement.
2002-2003: Excellence becomes a way of life in the cement industry. The Chandrapur plant achieves over 100% capacity utilisation in the very first year of production. Not content to rest on proverbial laurels, a greenfield cement plant is now planned at Kutch, Gujarat.
2005-2006: The erstwhile Ambuja Cements Eastern Limited is amalgamated with the Company.
2007: Another landmark year for a company that believes in cementing its bonds with the community around it: A sustainable rural marketing model is taken up. It provides technical support in building rural infrastructure and imparting training skills to villagers. The Government of India confers the Padma Bhushan award to company Chairman, Suresh K Neotia for his contribution to Indian business and industry.
2008: Yet another far sighted driving initiative: Resources are allocated to strengthen the Occupation Health and Safety Management system. Procedures and programmes are put in place to ensure a ‘zero harm’ working environment. It is an indication of the global perspective which makes the Company a reference point for the industry. The Company also sets up the Corporate Communications department, thus marking its deep commitment to be a responsive organisation, answerable and accountable to its key internal and external stakeholders.
2009: The Company launched its knowledge initiative i.e. Ambuja Knowledge Center,to enable industry professionals get a first-hand feel of the world of cement and concrete. During the year, three centers became operational in the cities of Jaipur, Ahmedabad and Kolkata.
2010: Opening of Dadri Plant. On 24th February 2010, Ambuja Cements Ltd (ACL) inaugurated its cement plant (grinding unit) at Dadri, Uttar Pradesh. Capacity: 1.5 million tonnes. On 27 March, 2010, Ambuja Cements Ltd (ACL) inaugurated its cement plant (grinding unit) at Nalagarh, Himachal Pradesh. Capacity: 1.5 million tonnes. In December 2010, the Dadri Grinding Unit in its very first year of operation received the Integrated Management System (IMS) Certification, including ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007 by BSI (U.K.).
2011: Completes 25 years of operation. Celebrates silver jubilee at all integrated plants. Acquired 85% stake in Nepal based Dang Cement. Achieves water-positive status, as certified by an independent foundation, Det Norske Veritas. Ambuja Cements gives back to the community double the amount of water the Company consumes at its facilities. Commissioned 2 cement mills at Bhatapara plant,Chattisgarh and Maratha Cement Works,Maharashtra increasing the total grinding capacity of the Company to 27.35 million tonnes. Commisssioned 5 Wind Turbine Generators, having total capacity of 7.5 MW at Kutch , Gujarat.
2012: ACL announces the expansion of Grinding Unite Sankrail, West Bengal, increasing the capacity from 1.5 MTPA to 2.4 MTPA