March 5th, 2018
.JFE Meranti Myanmar Co., Ltd.
JFE Meranti Myanmar Co., Ltd. Breaks Ground on
Hot-dip Galvanizing and Colour Coating Factory in Myanmar —
Yangon — On March 1st 2018, JFE Meranti Myanmar Co., Ltd (JMM) celebrated the start of the construction of a factory for hot-dip galvanizing and colour coating of flat-steel products for the building and construction industry in the Thilawa Special Economic Zone in Thanlyin Township, Yangon, Myanmar. JMM was jointly established by JFE Steel, Meranti Steel Pte. Ltd., JFE Shoji Trade Corporation, Marubeni-Itochu Steel Inc., and HANWA Co., Ltd.
The groundbreaking ceremony was attended by about 250 guests, including Myanmar Vice President U Henry Van Thio, Minister of Commerce U Than Myint, Vice Minister of Finance U Set Aung, other government officials, Japanese Ambassador Tateshi Higuchi, JMM CEO Sebastian Langendorf, JFE Steel President Koji Kakigi, other shareholders’ representatives, business partners and customers, and many other distinguished guests.
The hot-dip galvanizing and colour coating lines are expected to launch full production in 2020.
JFE Meranti Myanmar Holding Pte. Ltd.
Total investment: 85 million US dollars
Ownership: JFE Steel 35%, Meranti Steel 20%, JFE Shoji 15%, MISI 15% and Hanwa 15%
Business: Holding company
JFE Meranti Myanmar Co., Ltd.
Headquarters: Thilawa Special Economic Zone, Zone B
Ownership: Wholly owned subsidiary of JFE Meranti Myanmar Holding Pte. Ltd.
Business: Manufacture and sale of flat steel products for building and construction sector
Facilities: Hot-dip galvanizing line (180,000 tons annual capacity)
Colour-coating line (100,000 tons annual capacity)
Operation: From 2020
President: Koji Kakigi
Business: Sheets, Plates, Shapes, Pipes and Tubes, Stainless and Specialty Steels, Electrical Steels, Bars and Wire Rods, Iron Powders
(For more info please visit: www.jfe-steel.co.jp/en/)
Meranti Steel Pte. Ltd.
CEO: Sebastian Langendorf
Business: Flat steel galvanized and colour coated products for Southeast Asia’s building and construction applications
(For more info please visit: www.merantisteel.com)