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DG Cement
FormerlyDG Khan Cement
Company typePublic
PSX: DGKC
Founded1986; 38 years ago (1986)[1]
HeadquartersLahore, Pakistan
Key people
Mian Muhammad Mansha
PKR 2.2 billion (21 million dollars) (2016)[2]
ParentNishat Group (48.9%)[3]
Websitewww.dgcement.com

DG Cement is a Pakistani building materials company which is owned by Nishat Group.[4] It is one of the largest cement manufacturer of Pakistan with a production capacity of 14,000 tons per day.[5][6]

The company has three active plants which are present in Khairpur, Chakwal, Dera Ghazi Khan and Hub, Balochistan.[5]

History

DG Cement was established in 1986 by state-owned company, State Cement Corporation of Pakistan in Dera Ghazi Khan.[7] The plant was supplied by Ube Industries of Japan.[7]

In 1992, DG Cement was acquired by Nishat Group.[8]

In 2004, DG Cement established its second plant in Khairpur, Chakwal at a cost of PKR 9 billion.[9]

In 2015, DG Khan setup its third and one of the largest plant of Pakistan in Hub, Balochistan.[10]

Plants

Shareholding pattern

Shareholders % of Shareholding
Nishat Mills Limited 31.40
Mian Umer Mansha 6.29
Mian Hassan Mansha 6.19
Last updated: December 2023[12]

References

  1. ^ "DG Khan Cement". www.dgcement.com. Archived from the original on 2017-11-19. Retrieved 2017-11-22.
  2. ^ "DG Khan Cement rakes in Rs2.06 billion profit - The Express Tribune". 20 April 2017.
  3. ^ http://www.dgcement.com/financial-reports/2017_18_f.pdf [bare URL PDF]
  4. ^ "DG Khan Cement's Hub plant to come online by December this year - The Express Tribune". 18 July 2017.
  5. ^ a b "DG Khan Cement".
  6. ^ Sharif, Farhan (April 18, 2012). "Pakistan's D.G. Khan Swings to Profit on Higher Cement Prices". Bloomberg.
  7. ^ a b "DG Khan Cement Company Limited – brief history". June 16, 2005.
  8. ^ Hussain, Dilawar (October 4, 2002). "D.G.Khan Cement: CORPORATE PROFILE". DAWN.COM.
  9. ^ "New cement plant to be set up in Khairpur". DAWN.COM. July 2, 2004.
  10. ^ Andrew, Marylou (17 February 2016). "Cementing growth – Prospects for Pakistan's cement industry".
  11. ^ a b c "South in DGKC's expansion plan". 2 March 2015.
  12. ^ "Shareholding pattern".
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