Shwe Taung Development Co., Ltd. ventured into cement manufacturing project, later known as Pyi Nyaung project, in 2008 with the permission of 700 tpd wet process clinker production plant in Tharzi Township granted by the Ministry of Mining. In 2010, the company formed Shwe Taung Cement Co., Ltd. (STC) to implement this project. Fortunately, its original permit was upgraded to 1000 tpd dry process clinker production plant.

The core activities of the company include exploration mining for cement raw materials, production and distribution of cement with planned annual production capacity of 450,000 tons.

The company has just launched its new product, Apache Cement.