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Vizag Cement Works, a subsidiary of ACC Ltd, was inaugurated formally in the Visakhapatnam Special Economic Zone here on Friday, according to a press release.
The company has a slag grinding unit in the VSEZ and it is the 18th cement plant of ACC in the country. In January 2010, ACC had acquired 100 per cent stake in the equity of Encore Cements & Additives Pvt Ltd which then became its wholly-owned subsidiary and was renamed as Vizag Cement Works.
The acquisition had helped ACC build its presence in Andhra Pradesh and in the coastal parts of Odisha.
The plant 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 in coastal conditions.
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