ACC to invest over US$900m in new plant

Print this page

India: Holcim-controlled Associated Cement Companies (ACC) is mulling a US$913m integrated cement complex in the state of Andhra Pradesh. The company is planning a 5Mt/yr integrated cement complex, along with an 8Mt/yr cement grinding unit and a 100MW captive power plant at Gollapalli village in Kadapa district in Andhra Pradesh. To support the cement plant the company is also creating a 7Mt/yr captive limestone mine.

While ACC has made no official comment, industry insiders have expressed surprise that ACC is planning further cement capacity in south India, which is already reeling under excess capacity. ACC has already announced its plans to increase its capacity by 5Mt/yr through brownfield expansion at its Jamul plant in Chattisgarh.

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

URL: https://www.globalcement.com/news/item/1024-acc-to-invest-over-us$900m-in-new-plant

© 2024 Pro Global Media Ltd. All rights reserved.