Aug 29, 2013

Tire plant in Myanmar commissioned

Myanmar Economic Corp., an enterprise tied to Myanmar's military complex, has commissioned production at the country's first tire factory.

The plant, under construction in Yangon City since late 2010, will have capacity for radial passenger and truck/bus tires along with other miscellaneious bias tires, inner tubes, liners and bladders, according to Chinese tire machinery manufacturer Qingdao Mesnac Co. Ltd., which provided turnkey engineering assistance for the project.

The 1.5 million sq.-ft. plant, operating under the name Myanmar Economic Corp. Tyre Factory—known locally as Ywama Tyre Factory—will have an estimated annual capacity of 855,000 units, according to local news reports. Mesnac said the company will produce and sell under the Tristar brand.

Myanmar Commander-in-Chief Min Aung Hlaing attended the opening ceremony recently along with other military, government and industry representatives, Mesnac said.

Qingdao, China-based Mesnac designs and makes rubber and tire processing equipment at locations in China, Europe and the U.S.