Ambuja Cements Limited
News and overview for Ambuja Cements Limited
Move to hive off insurance biz wont impact India operations immediately, says ING
Financial Express (India), The | 29 days 7 hours 35 minutes ago
ING Groups decision on Monday to sell its insurance operation and thus completely separate its banking and life insurance operations internationally will have no immediate implications in India.
ING Life launches its new Ulip plan
Financial Express (India), The | 14 days 19 hours 51 minutes ago
ING Vysya Life Insurance on Tuesday launched a unit-linked investment solution-ING Flexi Life Plus, which offers flexibility in premium payments.
2 Results
Sign up for AGC SmartBrief
Company Overview
| Company: | Ambuja Cements Limited |
|---|---|
| Industry: | Aggregates, Concrete & Cement |
| Website: | http://www.gujaratambuja.com |
Ambuja Cements sits on a solid foundation of cost control. The company, which claims energy efficiency as its competitive edge in a power hungry industry, generates its own electricity from bio-waste (rice husks, wood chips, sugarcane waste) and purchases inexpensive coal and fuel oil from overseas. Ambuja Cements even sells its excess power capacity to the local government. All that energy goes to its five plants that produce nearly 19 million tons of cement per year. The company operates three cement terminals and, with a fleet of nearly 10 ships, is India's largest cement exporter. Ambuja Cements, which owns Ceylon Ambuja, Midigama Cements, and Indo-Nippon Special Cements, was formed in 1986.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,446.7 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 2,000 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |