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ACC Ready Mix launches low-carbon range of eco-friendly concrete products

ACC Ready Mix Concrete has introduce its new low carbon range of concrete: ECOPact – the Green Concrete for high-performing, sustainable and circular construction. Launched in Mumbai and Hyderabad, ECOPact range will be rolled out across India in a phased manner in the next few weeks. The rollout of ECOPact is a key plank towards advancing the transition towards low-carbon and circular construction. “With ECOPact, we are all set to make a positive impact on our community of builders and on every ECO-conscious home builder. The innovative manufacturing process of the ECOPact range, reduces CO2 emissions by up to 100 percent and further enhances our sustainable products offerings for the construction industry”, the release quoted Sridhar Balakrishnan, managing director and chief executive officer at ACC Limited as saying.

ACC launches ECOPact concrete in India

ACC - Focusing on profitable growth - ICICI Securities

ACC - Focusing on profitable growth - ICICI Securities Posted On: 2021-02-15 04:37:12 (Time Zone: Arizona, USA) We hosted Neeraj Akhoury, CEO India, LafargeHolcim, Sridhar Balakrishnan, MD and CEO of ACC and Yatin Malhotra, CFO on company s first ever earnings call. Key takeaways include: a) Management remains optimistic on demand growth led by increased government thrust on infrastructure and strong rural housing demand; b) company expects to maintain market share - 2.6mnte Ametha expansion may commission by Jun 22; c) it is on track to achieve targeted cost savings of ~Rs200/te via cost efficiency programme Parvat - 25MW WHRS is expected to commission by Dec 21; d) it expects increased synergies (both in terms of volumes and profitability) via MSA with ACEM. We maintain BUY with target price of Rs2,050/share based on 9x FY23E EV/E. Valuation at

ACC launches green ready mix concrete - The Hindu BusinessLine

ACC launches green ready mix concrete February 15, 2021 ACC Ready Mix Concrete, a subsidiary of cement major ACC, has launched ECOPact – a Green Concrete. The low carbon and high-performing concrete has been launched in Mumbai and Hyderabad and will be rolled out across India in a phased manner in the next few weeks. Sridhar Balakrishnan, Managing Director, ACC, said the innovative manufacturing process of the ECOPact range, reduces CO2 emissions completely. It has 30-50 per cent lower embodied carbon content compared to a reference concrete designed with Ordinary Portland Cement. The product range uses CO2 reduced binders and is manufactured with optimised mix designs to reduce its carbon footprint and superior durability and finish when compared to conventional concrete.

ACC consolidated net profit jumps 73% to Rs 472 4 cr in Dec quarter

Cement maker ACC Ltd on Thursday reported a 72.88 per cent jump in consolidated net profit to Rs 472.44 crore for the fourth quarter ended December 31. The company, which follows the January-December financial year cycle, had posted a net profit of Rs 273.28 crore in the corresponding quarter a year ago, ACC said in a BSE filing. Its total revenue from operations in October-December 2020 rose 2.08 per cent to Rs 4,144.72 crore, against Rs 4,060.31 crore in the year-ago period. ACC s total expenses were at Rs 3,747.64 crore, up 1.03 per cent as against Rs 3,709.42 crore a year ago. Its revenue from cement was up 4.63 per cent to Rs 3,876.54 crore, against Rs 3,704.94 crore of the corresponding quarter.

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