STG Cement

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Shwe Taung Cement Company Limited (“STC” or the “Company”) is part of the Shwe Taung Group (‘STG’ or the ‘Group’) of Myanmar. The Group has presence across diverse businesses including real estate, construction, retail and financial services.STG expanded into the cement business in 2010 by setting up STC, to meet the rapidly growing demand of concrete and cement in Myanmar. STC is an integrated cement manufacturer with current clinker manufacturing capacity of 1,500 tons per day (”TPD”) and cement grinding capacity of 2,800 TPD. The Company distributes its cement all over Myanmar under the brand name “Apache Portland Cement (“Apache”)”. Through its wholly owned subsidiary, Shwe Taung Mining (“STM”), STC has mining concessions providing captive sources for limestone and coal.High Tech Concrete Company Limited (‘HTC’), a subsidiary of STC, is one of the leading manufacturers of Ready Mix Concrete (‘RMC’) in Myanmar. HTC has been in been in business for more than two decades and has a network of batching plants across the country.The Project envisages brownfield expansion of STC’s cement plant at Pyi Nyaung Village, Thazi through expansion of clinker capacity to 5,500 tpd and cement grinding capacity to 7,200 tpd. The Project also involves construction of a Waste Heat Recovery System (‘WHRS’) and improvement in emission control systems.