Corporate News     13-Jan-16
Archidply Industries sets up new manufacturing unit in Myanmar
Commercial production to start in February 2016
Archidply Industries announced that the Company along with its associate companies / entities has set up a new manufacturing unit for the Company by the name of Wartayar Veneer Industries for manufacturing of commercial face veneer, core veneer, sawn timber, teak veneer and plywood in the Republic of Myanmar, with a 19% investment in the shares of the Company by the Archidply Industries and 81% investment in the shares of the Company by the associate companies and entities.

The trail production for the first phase for the manufacturing of the commercial face and core veneer has been started and commercial production for the first phase will start in the month of February 2016.

Previous News
  Archidply Industries net profit rises 59.26% in the December 2012 quarter
 ( Results - Announcements 21-Feb-13   12:46 )
  Archidply Industries net profit rises 533.33% in the June 2012 quarter
 ( Results - Announcements 16-Aug-12   10:42 )
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  Archidply Industries sets up new manufacturing unit in Myanmar
 ( Corporate News - 13-Jan-16   13:05 )
  Archidply Industries net profit declines 97.27% in the June 2011 quarter
 ( Results - Announcements 16-Aug-11   15:27 )
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