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Oji, Sumitomo Forestry complete Myanmar sawmill

The Oji and Sumitomo Forestry groups' new lumber mill in Myanmar will supply the Japanese and Chinese markets.

MAWLAMYINE, Myanmar -- Oji Holdings and Sumitomo Forestry held a ceremony Friday to mark the completion of a lumber mill here, reportedly the first investment in Myanmar's lumber industry by a Japanese company since the country started undergoing democratic reforms in 2011.

The mill in southeastern Myanmar can process 8,000 cu. meters of lumber annually. It will convert locally grown rubber trees into products for making furniture and construction materials, with those products to be exported to Japan and China. The plan is to double capacity in or after fiscal 2017, Oji Forest & Products President Hironobu Ohara said at the ceremony.

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