Millcon Invests in $12m Myanmar Plant

Executives of Millcon, GE and Thiha Co observe operations at their joint venture Millcon Thiha Co in Myanmar. Mongkol Bangprapa SET-listed Millcon Steel Plc (MILL) has partnered with local companies to invest in a US$12 million plant to produce construction steel to meet rising demand in Myanmar, where construction business and investment in infrastructures are […]

Millcon eyes Myanmar move

Thailand focus will turn to high grade YANGON: SET-listed steelmaker Millcon Steel Plc (MILL) plans to use its new Myanmar factory as a base for commercial-grade production while developing Thailand’s production to move towards high-grade steel to serve more advanced technology in industry. Chief executive and president Sittichai Leeswadtrakul said his company had joined Thai […]

Thai alliance in Myanmar venture

Millcon Steel Plc (MILL), a SET-listed steelmaker, has formed a partnership with SET-listed General Engineering Plc (GEL) to develop a building materials factory in the Thilawa Special Economic Zone (SEZ) in Myanmar to cash in on growing demand in the neighbouring country. Millcon and General Engineering signed a memorandum of understanding on Wednesday with Myanmar […]