POSCO Coated & Color Steel Co. ,Ltd. (POSCO C&C) planned to build a new color-coating sheet plant with the military-run company Myanmar Economic Holdings Ltd (MEHL) in Myanmar. It's known that POSCO C&C will hold 70% stakes in the joint venture and MEHL will take the remaining 30%. The new color-coating sheet plant which owns a capacity of 50,000 tons per year will be located at the Pyinmabin industrial zone some 35 km north of Yangon. Meanwhile, the new works is expected to be commissioned by end-October, 2014.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66225&division=A9
