MYANMAR · JOINT VENTURE · Past project
JFE Meranti Myanmar
A hot dip galvanizing and color coating plant in the Thilawa Special Economic Zone near Yangon, producing premium coated steel for roofing and walling.
Quality, service and skills transfer.
Together with our joint venture partners from Japan, we built a business that serves the Myanmar building and construction market, contributes to local employment and transfers specialist capabilities into the region. We broke ground at Thilawa in March 2018 and started paint line production in February 2020. Product from the plant has since been exported to Australia, Thailand and Singapore.
OUR HISTORY · 2017—2019
Building JFE Meranti.
Three formative years took the project from partnership and planning to a modern coated-steel plant ready for commissioning in Myanmar.
Partnership takes shape.
The joint venture brought together Japanese steelmaking expertise and Meranti’s regional market knowledge, setting the direction for a new coated-steel business in Myanmar.
Breaking ground at Thilawa.
Construction began in March at the Thilawa Special Economic Zone near Yangon, marking the project’s move from planning into delivery.
Starting Production.
Plant construction and equipment installation advanced through the year, preparing the hot dip galvanizing and color-coating lines for commissioning and production.
Sales to JFE Steel
We sold our share of the joint venture to JFE Steel, and the business now operates as JFE Myanmar Coated Steel. The sale lets us fully focus on growing Meranti Steel.