ACC Full Form

ACC Full Form is Associated Cement Companies. ACC is one of the leading manufacturers of ready to mix concretes and cements in India. It has a vast chain of the network throughout the country operating with over 50000 dealer networks. The subsidiaries of ACC include ACC Concrete Ltd Bulk Cement Corporation, Lucky Minmat Ltd National Limestone Co Ltd, and Encore Cements & Additives Pvt. Ltd. The company was renamed ACC Limited in 2006. It is the only cement company in India to get superbrand status.

Associated Cement Companies, abbreviated as ACC, was incorporated in Mumbai. ACC is one of India’s oldest and largest cement companies owned and operated by the Tata Group of Companies. The ACC came into existence when in 1936 10 existing cement companies came together in a merger acquisition. These companies belonged to Tata, Khataus, Killick Nixon and F.E. Dinshaw groups. F.E. Dinshae is considered to be the pioneer of ACC, whose efforts led to the establishment and ultimately historic merger to form a giant cement company. The first chairman of ACC was Shri Nowroji B Saklatvalaand.

History of ACC

ACC was formed by amalgamating 11 cement companies in 1936. The first chairman was Sir Nowroji B Saklatvalaand consisted of prominent industrialists JRD Tata, Walchand Hirachand, and Sir Akbar Hydari. This is one of India’s first notable mergers and was a historical achievement. It tinkered with the country’s nationalist pride and touched every walk of Indian life.

Notable Milestones

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

• 1936 – Company incorporated on August 1, 1936, and the first board meeting was held
• 1939 – Company’s head office was constructed based on the design of Ballardie Thompson & Mathews and emerged winner at all 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 ReportingACC 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 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 named as Consumer Superbrand by the Superbrands Council of India.
• 2007: Partner with CMC for treatment of AIDS.
• 2008: Project Orchid 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 ACC under the Tata Group of Companies takes care of its employees and puts continuous efforts to avoid mishaps and accidents. It conducts monthly audits on safety and urges workers to take safety measures at all times. It has installed safety signs at the workplace. It does not ignore waste material coming from the manufacturing plants and offers unique solutions for optimum usage. It also uses alternative sources of fuel for sustainable development.

The company also looks after neighbouring villages and tribal communities. It takes care of the health, education and holistic development of the residents while also ensuring safety, sanitation and protection to local artisans.

Sustainable Development Initiative By ACC

The Associated Cement Company has engulfed the life of every Indian, and it’s not too difficult to understand when we take a peek into the sustainability measures adopted by this company.

ACC takes full care of its employees and takes continuous efforts to mitigate accidents. ACC conducts monthly safety audits at its plants and uses health and safety signs at the workplace. ACC takes extra care to promote the use of alternative fuel sources. ACC has a no-nonsense approach towards waste management and offers unique solutions for it. These tasks are undertaken through its Geocycle technology innovations.

Corporate Social Responsibility

The company has a comprehensive CSR program and was the first one to receive the ASSOCHAM award in 1976. ACC has a team of young CSR specialists that looks after the neighboring communities and tribal taking care of their education and health. They also have a robust village welfare scheme that cares about sanitation, healthcare, and protects the crafts of local artisans.