The Bangkok Post has recently reported that Thailand’s Industry Ministry has estimated that the Southeast Asian country built or expanded 1,211 factories during the first half of fiscal year 2023, totaling an investment value of THB 113 billion (USD 3.25 billion),...
Reuters recently reported that a British consortium that includes mining giant Glencore is set to invest about USD 9 billion in Indonesia’s mining and electric vehicle (EV) battery industry, as the resource-rich country tries to attract a host of multinational...
HYDRO-BLOK, an American manufacturer of foam-based waterproofing shower systems and building panels, has announced the opening of its new factory in Bangkok, Thailand, to expand its manufacturing capacity and support its growing global market. The new factory will...
California-based Envirotech Vehicles Inc. (EVT) is investing USD 80 million to build a production plant in Clark Freeport Zone as it bets on the EV market’s growth potential in the Philippines. The plant, which will have an area of 15,000 to 20,000 square meters, is...
Autoliv, a Swedish pioneer in automobile safety systems, has announced its plan to build a new state-of-the-art airbag cushion and fabric plant in Vietnam, serving Asia. The investment in the new textile facility is in response to customer demands and is intended to...
American industrial gases company Air Products, which has been serving Malaysia for nearly 50 years, recently announced it will build, own, and operate two nitrogen plants in Penang’s Bayan Lepas Free Industrial Zone and Batu Kawan Industrial Park. The company...
PT Chandra Asri Petrochemical Tbk (Chandra Asri), Indonesia’s largest petrochemical company, and Indonesia Investment Authority (INA) have signed a Memorandum of Understanding (MoU) to jointly develop a large-scale chlor-alkali plant in Indonesia. INA, along...
Global industrial gases and engineering company Linde announced has signed a long-term agreement to supply green hydrogen to Evonik, a leading specialty chemicals company. Linde will build, own and operate a nine-megawatt alkaline electrolyzer plant on Jurong Island,...
German specialty chemicals company Evonik is expanding its capacity to produce MetAMINO® (DL-methionine) on Jurong Island, Singapore, by 40,000 metric tons to around 340,000 metric tons per year. The high double-digit million-euro investment in this technological...
Showcasing its dedication to creating a food-secure Philippines, the company Mega Prime Foods Inc. (MPFI) formally opened its newest manufacturing plant in the Philippines, located in Batangas City. This world-class facility is envisioned to play a vital role in...
Momentive Performance Materials, a global leader in high-performance silicones and specialty solutions, has announced a new growth investment – a manufacturing facility in Rayong, Thailand. This new site will increase Momentive’s manufacturing capacity and...
Chinese display manufacturer BOE is reportedly set to construct a new display module factory in Bac Ninh, Vietnam to meet the rising demand for small and medium-sized OLED and LCD screens from Apple. The new facility, expected to be fully operational by 2025, will...
