Encore Cement and Additives Private Limited, a wholly owned subsidiary of ACC Limited, has been amalgamated with the Company. This company has a slag grinding unit in the port city of Vishakapatnam in Andhra Pradesh. Renamed as the Vizag Cement Works, it will be the eighteenth cement plant of ACC.
It is expected that the amalgamation would enable ACC to utilize the resources of its former subsidiary to augment its cement business and to bring down the cost of overheads and other common expenses. ACC’s Vizag Cement Works manufactures Portland Slag Cement and Coastal + Cement, a superior variety of environment friendly portland cement that is suitable to withstand the corrosive impact on concrete of coastal climate conditions.