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The Mumbai-based cement maker, which the Adani Group acquired from Holcim Ltd. last year, will be funding this investment through internal accruals, it said in an exchange filing Monday.
Geocycle India, the in-house waste management arm of Ambuja Cements and ACC, collects and processes the waste generated at the cement kilns without sending it to landfills. It has also started an initiative to collect plastic waste from water bodies through a low-caste technology called bubble barrier.
Geocycle: A lesson in waste management from the cement industry
Geocycle, the in-house waste management arm of Ambuja Cements Ltd and ACC Ltd, has been conferred with the prestigious CII 3R Award under the category ...
The company has earned the award through undertaking various projects to collect and co-process segregated municipal solid waste and plastic waste across the country.