Friday, September 14, 2018

Ambuja Cement Foundation










Ambuja Cement Foundation is the CSR arm of Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim and a leading cement manufacturer in India.

According to its official website, Ambuja Cement Foundation is a grassroots level Pan-India programme organisation that harnesses the power of partnerships between communities, Government and other like-minded corporates and NGOs to help solve urgent community problems and to foster prosperity.

Established in the year 1993 and for the past 25 years, Ambuja Cement Foundation has created significant impact on society. A full-fledged Research and Monitoring Unit, along with numerous external, independent studies show significant change in income levels, health indicators and overall harmony and happiness. Their work has spread beyond their core villages, and by working hand in hand with like-minded organisations, they aim to significantly impact the pressing issues currently inhibiting our country.

ACF's programmes include Agriculture, Skills, Water, Health, Women and Education.

In the news now is that ACF has been conferred with the prestigious ‘Best CSR & Sustainability Practices Award 2017’ in recognition of its concerted efforts that transformed lives by energising, enabling and involving the rural communities, thus facilitating economic progress and contributing to nation-building.

The award was received by Ambuja Cement’s MD & CEO Ajay Kapur and Ambuja Cement Foundation’s Head Pearl Tiwari jointly from Mervyn King, a senior counsel and former judge of the Supreme Court of South Africa. The award ceremony was held in Mumbai during the 5th Asia Business Responsibility Summit that also discussed the sustainable development goals, global governance and leadership. The Jury made a special mention about the Women Empowerment, Water Management and Skill Development initiatives by the Ambuja Cement Foundation.

Thursday, August 23, 2018

Wonder Cement

RK Group

Rajasthan-headquartered RK Group, which has interests in Marble and  Home Finance along with its cement business has invested about Rs.450 crore to set up a 2 MPTA clinker grinding unit in Dhule, Maharashtra. This also marks Wonder Cements' foray into the State.

Following the commencement of the Dhule facility, Wonder Cement’s production capacity will increase from the present 6.75 MPTA to 8.75 MPTA. The clinker required for the unit is to be supplied from their Nimbahera plant in Rajasthan. Gypsum, another key raw material used for manufacturing cement , would be procured from Gujarat and fly-ash froma nearby thermal power plant.

In addition to the plants in Nimbahera and Dhule, Wonder Cement is in the process of setting up its third clinker facility of about 2.5 MPTA in Nimbahera, Rajasthan which is expected to be commissioned by mid 2019 This will increase production capacity to 11 MTPA.

Under the expansion plans, the company will look at setting up two more clinker units, one in Madhya Pradesh; the location for the fifth one is yet to be finalised. The Rs.2,500 crore required for the cement capacity expansion would be sourced from via internal accruals and debt.