“Each contract/arrangement/transaction is made by an order based on the company`s requirements,” he added. Under the price formula, they would mutually give each other a 5% discount on their average net selling price for cement. VAC has a cement capacity of 33.5 million tons, Ambuja a capacity of 29.65 million tons. New Delhi: After freezing their merger, acc Ltd and Ambuja Cements – the two Indian units of LafargeHolcim – announced on Monday their intention to conclude a “Master Supply Agreement”. The two companies obtained the agreement of their shareholders to “conclude, execute and honour the main delivery contract between them,” he said in separate regulatory notifications. The agreement covers the supply of cement, clinker and raw materials such as fuels, fly ash, slag and plaster. Spare parts are part of it. Under the price formula, they would give each other a 5 per cent discount on their average net selling price for cement. VAC has a cement capacity of 33.5 million tons, Ambuja a capacity of 29.65 million tons.
Ambuja also recently announced a capex of Rs1.391 crore that it plans to spend on the installation of a 3.1 MT Greenfield clinking facility at Marwar Mundawa in Rajasthan. ACC Limited is active in the production of industry-ready cement and concrete. Among the company`s segments, Cement and Ready Mix Concrete. The company manufactures cement, which includes ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and Ready Mixed Concrete (RMX). The company`s products include portland cement and high-end cement, loose cement. The company also includes ACC-Supercrete, ACC-Flowcrete, ACC-Speedcrete, ACC-Imprintcrete, ACC-Jet-Setcrete, ACC-Coolcrete, ACC-Feathercrete and ACC-Fibrecrete. The company has about 20 cement plants, more than 50 prefabricated concrete plants, a distribution network of more than 9,000 distributors and a number of sales offices. The ACC-Speedcrete is available in two variants for fast road solutions: UTWT 24 and UTWT 8. UTWT 24 is used to build roads that can be opened to traffic within 24 hours, and UTWT 8 is used for road repair work that can be opened to traffic within 8 hours. Following The merger of Holcim Limited with Lafarge SA in 2015, a new LafargeHolcim unit was created to become the world`s largest cement manufacturer. April 19 – Indian cement manufacturer ACC Ltd achieved the following results for the three months to March 31 compared to the same period of the previous year.
March 2017 March 2016 Earnings 2.50 2.11 Operating income 35.57 35.57 Note: Results are consolidated.