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ACC to focus north-coastal AP market for corrosion-proof product

19 Jul 2013 Evaluate

ACC, country’s cement major is likely to concentrate the north-coastal Andhra Pradesh market with its product Coastal Plus. This product is corrosion-proof, so best suited to the coastal areas. It had acquired a small cement company in the Visakhapatnam special economic zone.

The company has spent Rs 80 crore on the plant, making it a 30,000-tonne per month plant. It will produce its special product - Coastal Plus - at the plant.

Peers
Company Name CMP
Ultratech Cement 11011.95
Ambuja Cements 375.35
ACC 1216.50
Shree Cement 22304.10
Dalmia Bharat 1669.00
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