Shwe Taung Cement

Shwe Taung Cement Limited plans to expand its cement plant in Mandalay Region, Myanmar, adding a new 4,000 ton per day kiln with a 5 MW waste heat recovery unit, an additional limestone crusher, and a cement grinding mill. The expansion is supported by a $15 million equity investment and a $20 million loan from IFC.

The International Finance Corp is considering an equity injection of up to US$15 million and a loan of up to US$20 million for the brownfield expansion of Shwe Taung Cement's plant in Pyi Nyaung village, Myanmar. The total project cost is estimated at US$110 million, and the expansion will increase clinker capacity to 5,500 tpd and cement grinding capacity to 7,200 tpd.