DG Cement

DG Cement is a Pakistani building materials company which is part of Nishat Group. It is one of the largest cement manufacturer of Pakistan with a production capacity of 14,000 tons per day.

It has three active plants which are present in Khairpur, Chakwal, Dera Ghazi Khan and Hub, Balochistan.

History
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.

In 1992, DG Cement was acquired for PKR 1,799 million ($73.5 million) by Saigol Group under the privatization scheme of the Government of Pakistan. Later, it was transferred to Nishat Group in a swap scheme in which Nishat Group acquired DG Cement and Saigol Group acquired Maple Leaf Cement from Nishat Group.

In 1994, DG Cement initiated a $170 million expansion project at its Dera Ghazi Khan plant in Punjab, aiming to increase daily production by 3,300 tonnes, with an annual output of approximately 2 million tonnes. The project was financed in part by the International Finance Corporation (IFC), which later approved a $10 million exposure for the facility in 1995. The funding arrangement included risk management tools allowing DG Khan to foreign exchange hedge against Danish kroner and interest rate risks for up to eight years. The project contract was awarded to FLSmidth and was denominated in Danish kroner.

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

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

Plants

 * Hub
 * Khairpur, Chakwal
 * DG Khan