Ambuja Cement Master Supply Agreement

ACC Limited is active in the production of industry-ready cement and concrete. Among the company`s segments, Cement and Ready Mix Concrete. The company manufactures cement, which includes ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and Ready Mixed Concrete (RMX). The company`s products include portland cement and high-end cement, loose cement. The company also includes ACC-Supercrete, ACC-Flowcrete, ACC-Speedcrete, ACC-Imprintcrete, ACC-Jet-Setcrete, ACC-Coolcrete, ACC-Feathercrete and ACC-Fibrecrete. The company has about 20 cement plants, more than 50 prefabricated concrete plants, a distribution network of more than 9,000 distributors and a number of sales offices. The ACC-Speedcrete is available in two variants for fast road solutions: UTWT 24 and UTWT 8. UTWT 24 is used to build roads that can be opened to traffic within 24 hours, and UTWT 8 is used for road repair work that can be opened to traffic within 8 hours. Under the price formula, they would give each other a 5 per cent discount on their average net selling price for cement. VAC has a cement capacity of 33.5 million tons, Ambuja a capacity of 29.65 million tons. The agreement between ACC and Ambuja Cements is intended to supply cement, clinker and raw materials such as fuels, fly ash, slag and plaster as well as spare parts from the two companies have sought permission from their shareholders to « conclude, export and deliver in the master delivery agreement, » they said in separate regulatory notifications.

The agreement covers the supply of cement, clinker and raw materials such as fuels, fly ash, slag and plaster. Spare parts are part of it. « Each contract/arrangement/transaction is made by an order based on the company`s requirements, » he added. Under the price formula, they would mutually give each other a 5% discount on their average net selling price for cement. April 19 – Indian cement manufacturer ACC Ltd achieved the following results for the three months to March 31 compared to the same period of the previous year. March 2017 March 2016 Earnings 2.50 2.11 Operating income 35.57 35.57 Note: Results are consolidated. All the numbers are… VAC has a cement capacity of 33.5 million tons, Ambuja a capacity of 29.65 million tons.