The Shwe Taung Cement Factory is controversial in the extreme and we urge the IFC Board to reject funding for this project on June 8, 2017. First, financing this project would contradict the IFC''s commitment to support the Paris Agreement by investing in "climate-smart solutions" in emerging economies, as well as its energy sector ...
Han Thein Lwin joined Shwe Taung in 1998 and grew High Tech Concrete (HTC), part of Shwe Taung Building Materials, into a market leader in construction materials in Myanmar. HTC, the first ISO (9001:2000) certified company in Myanmar''s ready-mixed concrete industry, manufactures and supplies ready-mixed concrete and related services to ...
2018-6-18 · The AIIB has bought into the IFC''s Emerging Asia Fund (EAF), which has invested $20m in the Shwe Taung plant. The report, Moving Beyond Rhetoric, warns that the bank''s back-door investment in the Myanmar cement plant is a worrying sign that the AIIB will not stick to its green commitments as it prepares to invest $100 billion in new ...
SHWE TAUNG CEMENT CO,. LTD (STC) is a subsidiary company of SHWE TAUNG GROUP (STG) and leading Myanmar Company. The core activities of the company include quarrying for cement raw materials, production and distribution of cement with "Apache" brand in Myanmar. STG is one of Myanmar''s largest employers with a workforce of over 7,000 ...
Board of Director Message. 2014 can be marked as the birth year for Apache brand. After 4 years of painstaking endurance and consistent endeavor for project planning and construction of the plant, Apache cement has come into life. Therefore, we are proud to set the major milestone for APACHE cement as it launches its fi rst commercial product ...
SHWE TAUNG CEMENT CO,. LTD (STC) is a subsidiary company of SHWE TAUNG GROUP (STG) and leading Myanmar Company. The core activities of the company include quarrying for cement raw materials, production and distribution of cement with "Apache" brand in Myanmar. STG is one of Myanmar''s largest employers with a workforce of over 7,000 ...
Signing of Letter of Intent between MONREC and Shwe Taung Cement for Biodiversity Offset Project . 4 December 2018. Shwe Taung, Group-wide EDGE Certification . 5 October 2018. Junction City Welcomes Pan Pacific Yangon . 8 December 2017. …
2017-4-10 · Its cement is distributed under the Apache Portland Cement brand name. Through its wholly-owned subsidiary, Shwe Taung Mining (STM), STC has mining concessions providing captive sources for limestone and coal. The financing from IFC …
2017-9-7 · Local residents contest the expansionExpansion of the Shwe Taung cement plant, in Tharzi, follows through, reports Frontier Myanmar. The project for a USD 110-million expansion of the cemen
2019-2-19 · In a riverside village near the Shwe Taung cement plant in Myanmar, a white suggestion box is nailed to the wall of the company''s office. Villagers can slip paper into the box to lodge complaints about problems they attribute to the plant, such as the …
2017-6-9 · The IFC, a World Bank subsidiary, is considering a $15 million equity injection and $20 million loan for an expansion of the Shwe Taung Cement Factory in Thazi, 20 kilometres east of Meiktila. In a statement released Thursday, 174 civil society groups called on the IFC to reject the investment, citing the World Bank''s March 2016 pledge to ...
2013-11-8 · Upon completion of those projects, the Ministry of Industry expects that nearly 10.53Mta of cement can be produced. The 15 existing factories, three state owned and the rest privately owned, have a cement capacity of 4.02Mta. Thailand-based …
Holtec has been awarded Project Engineering Services for Captive Power Plant for Shwe Taung Cement Co Ltd in Myanmar. JSW Cement Ltd - Consultancy for grinding capacity expansion. Holtec has got work order for Consultancy Services for addition of Ball Mill in …
2021-6-16 · Summary. Timetric''s "STG – Adrar Cement Plant – Algeria Project Profile" is a crucial resource for industry executives and anyone looking to access key information about the China Triumph International Engineering Co Ltd; Ministere de l''Energie; Shwe Taung Development Co Ltd construction project. This report utilizes a wide range of primary ...
2018-6-25 · In January 2018, EAF said it would invest USD 20 million in the expansion of the Shwe Taung cement plant in Myanmar that would entail doubling the output of a coal mine that supplies the cement factory. Prior to the AIIB funding, EAF invested in …
Shwe Taung Cement Co., Ltd (STC) was formed in 2010 as a subsidiary company of Shwe Taung Group of Companies (STG) to venture into cement manufacturing business. The company''s Pyi Nyaung Factory produces 1500 ton per day of clinker with the planned annual production capacity of …
2018-9-17 · The Shwe Taung Group (STG) expanded into the cement business in 2010 by setting up the Shwe Taung Cement Co Ltd (STC) to meet the growing demand for concrete and cement in Myanmar. Limestone and coal is provided to the factory …
2019-2-25 · In a riverside village near the Shwe Taung cement plant in Myanmar, a white suggestion box is nailed to the wall of the company''s office. Villagers can slip paper into the box to lodge complaints about problems they attribute to the plant, such as the diminishing water or air quality.
UN Global Compact COP Reports. Shwe Taung Group has been a member of the United Nations Global Compact since 2013, a United Nations initiative to encourage businesses worldwide to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals.
Cement Plant information for Pyi Nyaung can be found below. For full access to the database, purchase The Global Cement Report™, 14th Edition. Purchase. Facility Details. Name: Pyi Nyaung. Company: Shwe Taung Cement Co. Ltd (Apache Cement) Group:
2018-11-22 · The Shwe Taung Cement Company (STC), a subsidiary of Shwe Taung Group (STG) trading under the Apache brand, is in the process of expanding a cement plant and an associated coal mine in Myanmar. A significant part of the funding for the expansion comes from two multilateral development banks (MDBs): direct funding from the World
2018-6-18 · frontier market, the expansion of a cement plant oper-ated by Shwe Taung Cement Company Limited (STC) in Myanmar. The latter project had already caused controversy when the IFC was considering a direct investment in the project, which was approved in mid-2017. The news of the proposed investment prompted over 170
2021-8-25 · · greenfield vs brownfield cement plant projects. Project Of Cement Plant At a controversial cement plant project, waiting for the,The proposed expansion of a Shwe Taung cement plant has run up against opposition, but supporters of the project argue it will raise standards in the sector,Installation of Greenfield Vs Brownfield Cement Plant,The .
2017-5-3 · The financing from the IFC would help the plant expand its capacity to produce 5,500 tonnes of clinker and 7,200 tonnes of cement a day. Shwe Taung said in its disclosure document that it required long-term financing because the cement industry was cyclical, leaving it vulnerable to periods of low revenues that made it difficult to invest.
2018-6-21 · In September 2017, AIIB backed the IFC Emerging Asia Fund (EAF), which subsequently bought equity in Shwe Taung Cement for expansion of a cement plant in Myanmar. The investment will fund a new kiln to increase production significantly, as …
Apache Cement | Shwe Taung Cement Co., Ltd | The ...
2020-11-18 · In 2017, it invested US$150 million in the International Financial Corporation''s Emerging Asia Fund. The next year, that fund invested in the expansion of a cement plant owned by Shwe Taung, a Burmese cement-maker, which included a …
2020-10-3 · frontier market, the expansion of a cement plant oper-ated by Shwe Taung Cement Company Limited (STC) in Myanmar. The latter project had already caused controversy when the IFC was considering a direct investment in the project, which was approved in mid-2017. The news of the proposed investment prompted over 170
2021-9-5 · Union Minister for Natural Resources and Environmental Conservation U Khin Maung Yi conducted a ground survey to limestone mining of Shwe Taung Mining Limited in Pyin Nyaung of Thazi Township in Mandalay region and Apache cement factory …
2017-9-6 · The Shwe Taung town. Walking through Pyin Nyaung, a village about 6 kilometres south of the plant, it''s hard to miss Shwe Taung''s presence. At the western entrance, visitors are greeted by a large, dusty billboard advertising Shwe Taung''s Portland cement brand, Apache.
2020-5-25 · 2.1 Cement plant The existing STC cement plant and ancillary facilities (refer Figure 2.1) are located in a brownfield area of approximately 184 hectares in Thazi township within the Mandalay Region. It is situated in a valley which includes the STC mudstone quarry to the west and the STC limestone quarry to the east, both
2021-9-23 · Manufactured Ready Mixed Concrete (Plant – I) Situated in No .142,Seik Kan Thar Rd, Shwe Pyi Thar Industrial Zone (4), Shwe Pyi Thar Township. (Plant – II) Situated in Corner of Thanthumar Road and Thamain Bayan Road, (Near Chicken and Duck Market), Mingalar Taung Nyunt Township, Yangon, Myanmar.
2021-4-9 · Do. Shwe Taung Cement Co. Ltd. (STC) Apache cement plant, Pyin Nyaung, 932 (Shwe Taung Mining, ) Mandalay Region Do. Sinminn Cement Industry Co. Ltd. (Union of Myanmar Sinminn 3 cement plant, Kyaukse, 300 Economic Holdings Ltd., 60%, and Shwe Cement Mandalay Region Co. Ltd., 40%) Do. Tiger Head Cement (Myanmar) Cement plant, Kyaukse ...
2018-6-19 · mar cement plant is a worrying sign that the AIIB will not stick to its green commitments as it pre-pares to invest $100 billion in new infrastructure projects in Asia and beyond. The AIIB approved its $150m investment in EAF in September 2017, despite the fact that the EAF was considering the controversial $20m Shwe Taung deal at the time.