India-based Ramco Company is
planning to establish a cement factory in Myanmar, expecting a market
stake of 25% in 2014, according to an official from Green Hardwood
Enterprise Limited.
“Our company has been jointly working
with Agro Coro International Pte. Ltd to import cements from Ramco for
six months. We are now in discussions with respective officials to
establish the factory,” said Naing Hein, from Green Hardwood Enterprise
Limited.
Ramco Company was established in 1938,
and the largest cement company in southern India. Local constructors say
the Ramco cements take a very long time to dry and have some weakness
in colour. The 'Elephant' brand of cement imported from Thailand is
still more popular.
But Mr. Bila from Ramco says the Ramco
cements higher in quality like cements produced in the US and Britain,
and because it takes a long time to dry means it’s stronger than others.
He also said the colour is not that
important, but their company will try to produce the kind of cements
that are favoured in Myanmar.
source: Eleven Myanmar
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