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.
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