DG Cement is a Pakistani building materials company based in Lahore.[2] It is part of Nishat Group.
DG Cement operates three plants located in Khairpur, Chakwal, Dera Ghazi Khan, and Hub, Balochistan.[3][4]
DG Cement was established in 1986 by state-owned company, State Cement Corporation of Pakistan in Dera Ghazi Khan. The plant was supplied by Ube Industries of Japan.[5]
In 1992, DG Cement was acquired for PKR 1,799 million ($73.5 million) by Saigol Group
In 1994, DG Cement initiated a $170 million expansion project at its Dera Ghazi Khan plant in Punjab.[10] The project was financed in part by the International Finance Corporation (IFC), which approved a $10 million exposure for the facility in 1995.[10] The project contract was awarded to FLSmidth and was denominated in Danish kroner.[10][11]
In 2004, DG Cement commissioned its second plant in Khairpur, Chakwal at a cost of PKR 9 billion.[12]
In 2015, DG Khan setup its third and one of the largest plant of Pakistan in Hub, Balochistan.[13]
Nishat Paper Products was founded in June 2004 as a joint venture between DG Cement and Shuaiba Paper Products of Kuwait to produce paper sacks for cement.[15]
In June 2008, Shuaiba Paper divested its stake. The plant is located in Khairpur, Chakwal and has a capacity to produce 120 million bags annually.[15]
Nishat Dairy Limited was founded in 2011 as a subsidiary of DG Cement. It operates a 165-acre dairy farm located in Sukheke Mandi.[16]
