Ambuja Cements

Topics: Financial ratio, Financial ratios, Cement Pages: 16 (4259 words) Published: January 21, 2013
Company Facts - Ambuja Cements
Registered Address
P.O. Ambuja Nagar, 
Junagadh District 

Tel: 02795-245161 02795-221137
Fax: 02795-24413 
Group: Ambuja Group
Sharepro Services (India) Pvt.Ltd. 13 AB, Samhita Warehousing Complex,  2nd Floor, Sakinaka Telephone Exchange Lane, 
Off Andheri-Kurla Road, Mumbai - 400072

Tel: 022-67720300, 67720400
Fax: 022-28591568, 28508927

Management - Ambuja Cements
Name| Designation|
Suresh Neotia| Chairman Emeritus|
Paul Heinz Hugentobler| Vice Chairman|
M L Bhakta| Director|
Rajendra P Chitale| Director|
Omkar Goswami| Director|
Bernard Fontana| Director|
N S Sekhsaria| Chairman / Chair Person|
Onne van der Weijde| Managing Director|
Nasser Munjee| Director|
Shailesh Haribhakti| Director|
Naresh Chandra| Director|
Haigreve Khaitan| Additional Director|

Company History - Ambuja Cements|
Ambuja Cements Ltd. (ACL) is one of the leading cement manufacturing companies in India and commenced cement production in 1986. Initially called Gujarat Ambuja Cements Ltd, the Company later became Ambuja Cements Ltd. In 2006, global cement major Holcim, acquired management control of the Company. Today, Holcim holds a little over 50% equity in ACL. ACL has grown manifold over the past decade. Its current cement capacity is 27.25 million tonnes. The Company has 5 integrated cement manufacturing plants and 8 cement grinding units across the country. ACL enjoys a reputation of being one of the most efficient cement manufacturers in the world. Its environment protection measures are considered to be on par with the finest in the country. It is also one of the most profitable and innovative cement companies in India. ACL is the first Indian cement manufacturer to build a captive port with three terminals along the country's western coastline to facilitate timely, cost effective and environmentally cleaner shipments of bulk cement to its customers. The Company has its own fleet of ships. ACL has also pioneered the development of the multiple, bio-mass, co-fired technology for generating greener power in its captive plants. Milesontes: 1981 - The Company was Incorporated on 20th October, as Ambuja Cements Pvt. Ltd. It was jointly promoted by Gujarat Industrial Investment Corporation Ltd. (GIIC) and N.S. Sekhsaria and his associates, Vinod K. Neotia and Suresh Mulani, for setting up a cement project in the joint sector. The Company was converted into a public limited company on 19th March, 1983 and its name was changed to Gujarat Ambuja Cements, Ltd., on 19th May, 1983. - The Company's object is to manufacture cement. - A computerised process control system with field instruments supplied by Larsen & Tourbo was also being installed to give consistently high quality cement with maximum productivity. - In addition, electronic packing machines were...
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