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Maple Leaf Cement was founded in 1956 by the West Pakistan Industrial Development Corporation in a collaboration with the Government of Canada. [7] [8] The initial production capacity was 120,000 tons per annum (tpa) of ordinary Portland cement, which increased by an additional 180,000 tpa in 1960.
DG Cement was established in 1986 by state-owned company, State Cement Corporation of Pakistan in Dera Ghazi Khan. [6] The plant was supplied by Ube Industries of Japan. [6] 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.
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Tariq Saigol, the eldest brother, is head of Kohinoor-Maple group, which owns the Kohinoor textile mills and Maple-Leaf Cement. [5] He is known to be openly critical of the Pakistani government's lack of interest in the textile sector. Nasim Saigol heads PEL and Kohinoor industries. [6]
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