ACC full form is Associated Cement Companies. The Associated Cement Companies (ACC) was formerly known as ACC Limited (ACC). It is India’s leading cement and ready-mixed concrete manufacturer. Its headquarters are on the Maharishi Karve Road, also known as Cement House, in Mumbai.
It has 17 cutting-edge cement plants, around 60 ready-mixed concrete plants, and a nationwide distribution network and sales offices. It has been a trendsetter and a renowned benchmark in cement and concrete technology since its inception. Mr Neeraj Akhoury has been the MD and CEO of ACC Limited since October 2017.
Acc Full Form with Explanation
The Associated Cement Companies Ltd was founded in August 1936 by the merger of ten existing cement companies.
It built India’s first entirely indigenous cement plant in Chaibasa, Bihar, in 1944.
It opened a bulk cement depot in Okhla, New Delhi, in 1956.
It established the Central Research Station in Thane in 1965.
It bought the Cement Marketing Company of India in 1973.
It was the first company in India to introduce precalcinator technology in 1978.
It opened its first 1 MPTA plant in Wadi, Karnataka, in 1982. In the same year, it formed Bulk Cement Corporation of India, a joint venture with the Indian government.
Until 1999, the TATA family was associated with the company. In 1999, it sold 7.2 percent of its ACC stake to Ambuja Cement Hodings Ltd and the rest to Gujarat Ambuja Cements Ltd.
IDCOL Cement Ltd became a subsidiary of the company in 2003, and in 2004 it was renamed Bargarh Cement Ltd.
The Superbrands Council of India designated it as a Consumer Superbrand in 2004.
Associated Cement Companies Ltd was renamed ACC Ltd on September 1, 2006, after Damodhar Cement & Slag Ltd, Bargarh Cement Ltd, and Tarmac (India) Ltd merged with the company.
In 2008, the company’s concrete division was spun off into ACC Concrete Ltd.
It established the ACC Cement Technology Institute in Jamul on July 7, 2008.
It opened a coal washery in Jamul in September 2009.
It completed the 2.5 MW wind mill project in Maharashtra in 2010.
Det Norske Veritas (DNV) AS Certification Services awarded it the ISO 9001-2008 certification in 2011.