What is the full form of ACC?

The full form of ACC is Associated Cement Companies. One of India’s top producers of ready-to-mix concretes and cements is ACC. It operates a wide web of dealer networks with over 50000 locations around the nation. ACC Concrete Ltd., Bulk Cement Corporation, Lucky Minmat Ltd., National Limestone Co. Ltd., and Encore Cements & Additives Pvt. Ltd. are some of the subsidiaries of ACC. In 2006, the business adopted the moniker ACC Limited. The only cement manufacturer in India to achieve superbrand status is this one.

The Mumbai-based Associated Cement Companies, also known as ACC, was established. The Tata Group of Companies owns and runs ACC, one of the largest and oldest cement producers in India. In 1936, ten already-existing cement businesses merged and acquired one another to form the ACC. These businesses belonged to the organisations owned by Tata, Khataus, Killick Nixon, and F.E. Dinshaw. The founder of ACC, F.E. Dinshae, is credited with initiating the organisation and, ultimately, the historic merger that created the world’s largest cement firm. Shri Nowroji B. Saklatvala was the first ACC chairman.

History of ACC

In 1936, 11 cement businesses joined to become ACC. The inaugural chairman was Sir Nowroji B Saklatvala, and it was led by notable businessmen Sir Akbar Hydari, Walchand Hirachand, and JRD Tata. This was a historical accomplishment and one of the first significant mergers in India. It affected every aspect of Indian life and played havoc with the nation’s nationalist pride.

Notable Milestones

Let’s now look at some of the milestones of this company.

• 1936 – Company was incorporated on August 1, 1936, and the first board meeting was held
• 1939 – The company’s head office was constructed based on the design of Ballardie Thompson & Mathews and emerged winner at an India contest
• 1947 – First indigenous cement plant was established at Chaibasa in Bihar
• 1957 – Technical training institute was established at Kymore, Madhya Pradesh
• 2010- It was the platinum jubilee year of the company, and it received the FICCI award
• 2012 – ACC introduced the M-100 grade concrete for constructing high-intensity towers
• 2014 – It launched Waste Heat Recovery System at Gagal
• 2016 – ACC received the Silver Award for Excellence in Financial Reporting and has continued to inspire generations of cement manufacturers throughout India and continues to work on its CSR initiatives.

The 1930s

• 1936: Incorporation of ACC on August 1, 1936.
• 1937: Dewarkhand Cement Company completed the merger as the 10th joined on October 23, 1937.

The 1940s

• 1944: First community development venture near Bombay.
• 1947: First entirely indigenous cement manufacturing plant was established in Chaibasa, Bihar.

The 1950s

• 1955: Use of waste product calcium carbonate sludge.
• 1956: Cement depot established in Okhla, Delhi.
• 1957: Technical training institute at Kymore, MP, and Katni Refractories business established.

The 1960s

• 1961: Manufacture of hydrophobic cement, accocid cement and oilwell cement.
• 1965: Central Research Station established, manufacture of Portland Pozzolana cement and corundum.

The 1970s

• 1973: Takeover of Cement Marketing Company of India (CMI).

The 1980s

• 1987: Development of new binder for use at minus degree temperature, successful for use in Antarctica expedition.

The 1990s

• 1992: Incorporated Bulk Cement Corporation of India.
• 1993: Commercial manufacturing of ready-mixed concrete.

The 2000s

• 2003: IDCOL Cement Ltd. becomes subsidiary.
• 2004: ACC was named a Consumer Superbrand by the Superbrands Council of India.
• 2007: Partner with CMC for treatment of AIDS.
• 2008: Project Orchid was launched to transform into a green building.

The 2010s

• 2010: Enters platinum jubilee year, received FICCI award.
• 2011: World’s largest kiln installed at Wadi, Karnataka, received ISO-2008 certification.
• 2012: Launches M-100 grade concrete.
• 2013: Green Building Material Centres set up in Rajasthan, Maharashtra, MP and UP, and wins CII-ITC Sustainability Prize.
• 2014: First Waste Heat Recovery System launched at Gagal.
• 2016 and 2017: Wins Silver Award by ICAI.
• 2018: Green-Pro company certification by Confederation of Indian Industry (CII).

Sustainable Development and Corporate Responsibility

The Tata Group of Companies’ ACC looks out for its employees and makes constant efforts to prevent accidents and disasters. It encourages employees to always practise safety and conducts monthly safety audits. At the worksite, safety signs have been put in place. It offers distinctive solutions for optimal use and does not disregard waste material from production operations. In order to promote sustainability, it also makes use of alternate fuel sources.

The business also tends after nearby tribal settlements and villages. It looks after the citizens’ health, education, and overall development while also ensuring their safety, sanitization, and protection as local artisans.

Sustainable Development Initiative By ACC

When we look at the sustainable practises this company has adopted, it’s not too difficult to see how The Associated Cement Company has impacted every Indian’s life.

ACC provides for the needs of all of its employees and works tirelessly to reduce accidents. ACC employs health and safety signs in the workplace and conducts monthly safety checks at its facilities. ACC goes above and beyond to encourage the usage of alternative fuels. When it comes to trash management, ACC takes a straightforward approach and provides innovative solutions. Through the use of its Geocycle technological advancements, these activities are carried out.

Corporate Social Responsibility

The business, which was the first to win the ASSOCHAM award in 1976, has a robust CSR programme. Young CSR specialists from ACC take after the tribal and nearby communities by taking care of their health and education. They also have a strong village welfare programme that looks after healthcare, sanitation, and local craftsmen’s crafts.