Ambuja Cements was set up in 1986. In the last decade the company has grown tenfold. The total cement capacity of the company is 18.5 million tones. Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed world. The company's most distinctive attribute, however, is its approach to the business. Ambuja follows a unique homegrown philosophy of giving people the authority to set their own targets, and the freedom to achieve their goals. This simple vision has created an environment where there are no limits to excellence, no limits to efficiency. And has proved to be a powerful engine of growth for the company. As a result, Ambuja is the most profitable cement company in India, and one of the lowest cost producer of cement in the world.
When the company started out, it approached the cement business with an open mind. To compete with the older, established players who had already written off their plant cost, it was important to have the lowest capital cost per ton of cement. Their plants would have to be set up in record time. Their capacity utilization would have to be above 100%. And their power consumption would have to set a record low these were the main theme of company.
Today, Ambuja is the 3rd largest cement company in India, with an annual plant capacity of 16 million tonnes including Ambuja Cement Eastern Ltd. and revenue in excess of Rs.3298 crore.
In 1993, Ambuja Cement set up a complete system of transporting bulk cement via the sea route. Making it the first company in India to introduce bulk cement movement by sea. Others followed and today, about 10% cement travels by this new route.
Port terminal of the company is situated at Muldwarka, Gujarat: Its an all weather port, 8 kms from the company’s Ambujanagar plant. Handles ships with 40,000 DWT. It is also equipped to export clinker and cement and import coal and furnace oil.
In 2013 the company approved a proposal, wherein Ambuja will first acquire from Holderind Investments Ltd., Mauritius (Holcim), a 24% stake in Holcim India for a cash consideration of Rs 3,500 crores, followed by a merger of Holcim India into Ambuja. These intra-group transactions will result in Ambuja holding 50.01% stake in ACC.In addition, the Board also provided its approval for Ambuja to make commercially reasonable efforts to invest upto Rs 3,000 crores to acquire an economic ownership in ACC of up to 10% without triggering a mandatory open offer, subject to shareholders and regulatory approvals as applicable.
Bulk Cement Terminals of the company:
Surat: Bulk Cement Terminal with a storage capacity of 15,000 tonnes has bulk cement unloading facility.
Panvel: Strategically located near India’s biggest cement market, has a storage capacity of 17,500 tonnes and a bulk cement unloading facility.
Galle: 120 kms from Colombo, Sri Lanka. Handles 1 million tonnes of cement annually.
Cochin: The latest addition to our configuration of Bulk Cement Terminal
Ambuja Cement exports almost 17% of its production in a very competitive international environment. For the last ten years, Ambuja Cement remains India’s highest exporter of cement.
Busiiness area of the company:
On 24th February 2010, Ambuja Cements Ltd (ACL) inaugurated its cement plant (grinding unit) at Dadri, Uttar Pradesh. Capacity: 1.5 million tonnes..
On 27 March, 2010, Ambuja Cements Ltd (ACL) inaugurated its cement plant (grinding unit) at Nalagarh, Himachal Pradesh. Capacity: 1.5 million tonnes.
In December 2010, the Dadri Grinding Unit in its very first year of operation received the Integrated Management System (IMS) Certification, including ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007 by BSI (U.K.).