AMBUJA CEMENT

Ambuja Cement Ltd (ACL) has announced an investment of approximately Rs. 1,600 crore (US$ 184.2 million) to establish a cement grinding unit in Warisaliganj, located in the Nawada district of Bihar.

Ambuja Cements aims to increase its production capacity from 100 million tonnes per annum (mtpa) to 140 mtpa by FY28, positioning itself aggressively in the competitive cement market.

Ambuja Cement has agreed to acquire Penna Cement for Rs. 10,422 crore (US$ 1.24 billion), increasing Adani Cement's market share by 2% nationwide and 8% in South India, while boosting its total capacity to 89 MTPA.

Ambuja Cements, a subsidiary of the Adani Group, announced an investment of Rs. 6,000 crore (US$ 721 million) to set up 1,000 MW of renewable power capacity in Gujarat and Rajasthan. The investment will include a 600 MW solar power project and a 150 MW wind power project in Gujarat, as well as a 250 MW solar power project in Rajasthan.

In December 2023, Ambuja Cements Limited (ACL) announced the successful completion of the acquisition of Sanghi Industries Limited (SIL), marking a significant milestone in its growth journey.

On August 3, 2023, Ambuja Cements Ltd (ACL) announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs. 5,000 crore (US$ 603.7 million).

In May 2023, Adani Group-owned ACC and Ambuja Cements launched a modern Cement and Concrete R&D facility at Kalamboli at the outskirts of Mumbai.

In April 2023, Ambuja Cement and ACC, the cement building and material companies of Adani Cement and part of Adani Group, have been recognized as the ‘Trusted Cement Brands’ by TRA Research in its Brand Trust Report 2023, for the second year in a row. Ambuja Cement and ACC rank among the top two cement brands and are also among the top three brands in the manufacturing category of the report.

Ametha Integrated Unit will be set to be commissioned by July 2023, which is expected to increase cement capacity by 3.3 MTPA.

Ambuja Cements is to invest US$ 422.8 (Rs. 3,500 crore) to increase the capacity of their cement grinding. The company now has 6 integrated cement manufacturing plants, 8 cement grinding units, more than 50,000 channel partners and a capacity to produce 31 million tonnes of cement annually (MTPA).

In December 2022, the ‘IconSWM-CE Excellence Awards 2022’ on Sustainable Waste Management & Circular Economy for pre-processing and co-processing, got the ‘Platinum Award’ at the Ambujanagar facility.

In November 2022, for initiatives on Water Efficiency, curbing Greenhouse Gas Emissions and overall leadership Ambuja Cement received ‘ESG India Leadership Awards 2022’ in the Environment category.

In May 2022, Adani Group acquired a 63.1% stake in Ambuja Cements Ltd along with related assets. Ambuja's local subsidiaries include ACC Ltd, which is also publicly traded.

In February 2022, NABARD has awarded Ambuja Cement Foundation the title of 'Best Project Implementation Agency.

In February 2022, Ambuja Cement Foundation joins together with Asian Paints to launch water and health projects in rural Visakhapatnam, reaching out to 4.2 lakh people.

In January 2022, GRIHA's Green Product Catalogue lists Ambuja's Blended Cement.

In September 2021, Ambuja Cement launched ‘Concrete Futures Laboratory’ (CFL), a one-stop solution for architect, engineer and construction professionals. The CFL will enable experts and budding professionals to test, learn and experience various aspects of cement and concrete.

In September 2021, Ambuja Cement installed ‘rooftop rain-water harvesting’ systems at 268 construction sites to save ~70 million litres of water; this helped the company extend the benefits of sustainable water consumption to its customers.

In May 2021, ACC Ltd. and Ambuja Cement announced its plan to set-up three oxygen generating plants in Amethi and Dadri, Uttar Pradesh.

In April 2020, Ambuja Cement and ACC cements joined hands support the COVID-19 crisis. The JV contributed Rs. 3.30 crore (US$ 0.45 million) to three reputed NGOs.

Ambuja Cement proclaimed its association with Jaipur pink panthers at pro kabaddi league 2019.

Ambuja Compocem, a superior composite cement product launched for better sustainability a first in the Indian cement industry. Ambuja Cement is a key partner in India’s longest highway tunnel in Jammu & Kashmir.

Ambuja Cement created a benchmark among cement industries in India as it obtained a whopping 4.03 times water positive factor.

Company name has been changed from Gujarat Ambuja Cements Ltd to Ambuja Cements Ltd.

Commercial production commences at Gujarat Ambuja Cements Maratha Cement Works plant. Board approves merger of Ambuja Cement Rajasthan with the company.

Cement giants Larsen & Tubro (L&T) and Gujarat Ambuja Cements have entered a unique agreement to reduce transportation costs in despatching bulk cement in Gujarat.

The company also undertook to set up a new unit, `Gajambuja Cement' with an installed capacity of 9.4 lakh tonnes, at the existing premises.

Necessary approvals were received for setting up another cement plant with one million tonne capacity per annum at village Suli, Tehsil Arki, District Solan of Himachal Pradesh.

The company was Incorporated on October 20th, as Ambuja Cements Pvt. Ltd.