Diamond Industries Limited said it has suspended its manufacturing operations for a short term with effect from Tuesday, January 10th, 2023, till further notice, subject to the availability of imported raw material in the country.
The company has cited adverse economic conditions and the non-availability of imported raw materials as the reasons for today’s moratorium.
Diamond Industries Limited was incorporated in 1984 as a private limited company on June 18, 1989, in the name of Diamond Industries (Pvt.) Limited. The prime work of the company is to manufacture and sell foam products and PVA products consumed in the industry and domestically.
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