Cement News tagged under: Popular Group of Industries

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Pakistan's Popular Group acquires Dadabhoy Cement

13 December 2019, Published under Cement News

Popular Group of Pakistan has officially announced the purchase of a private-sector cement manufacturing facility in Sindh province of Pakistan.   The announcement says, "It is hereby notified for the information of general public that Dadabhoy Cement Factory has been purchased by Popular Group, and now its name has been changed to Popular Cement Industries (Pvt) Ltd."   Popular Cement Industries will start its cement production soon, the announcement concludes. The company's plant in Dadu ...

Pakistan's Popular Group has reportedly purchased Dadabhoy Cement

18 April 2018, Published under Cement News

Pakistan’s Popular Group of Industries has reportedly purchased Dadabhoy Cement Industries Ltd. The company’s plant in Dadu District, Sindh Province, has been closed for several years following the alleged default of local financial institutions. Although the sale is yet to be made public, local news reports suggest that Popular Group has started refurbishing the plant. Dadabhoy Cement had previously announced that it was in negotiation with potential buyers in its 2017 annual report. Follo...