Ford has entered a partnership with PT Vale Indonesia and China’s Zhejiang Huayou Cobalt to construct a USD 4.5 billion nickel processing plant in Indonesia. The Pomalaa Block High-Pressure Acid Leaching plant is slated to commence full construction in 2023 and...
Swedish engineering group Sandvik announced a new production facility in Malaysia for manufacturing underground loaders and trucks in order to meet demand for battery-electric vehicles (BEVs)in the mining industry. The firm aims to commit SEK 350 million (USD 33...
Astra Daihatsu Motor, a joint venture between Japan’s Daihatsu and Indonesian conglomerate Astra International, has begun constructing a new automobile assembly plant in Indonesia, according to a statement released in February 2023. The new plant will be...
Bucher Emhart Glass, a subsidiary of Swiss-listed global technology, engineering and manufacturing group Bucher Industries AG will construct a new manufacturing facility worth MYR 108 million (USD 24 million) in i-Park@Senai Airport City, Johor state. The new building...
GenScript Biotech Corporation, a leading provider of life-science research tools and services, announced the expansion of its Singapore facility to provide a premium gene synthesis service. The move adds an additional 976 square meters to the facility, bringing the...
Lotte plans to build a new facility within its existing factory in Indonesia, which is expected to increase the production capacity of its flagship snack, Choco Pie, to JPY 20 billion (USD 147 million) in value. The construction of the plant is set to begin in 2023,...
Yamaha Motor Co., Ltd. has announced that it has established a new company in Singapore to expand its business in Southeast Asia and India, where demand for robots is growing. The robotics business is designated as a Strategic Business Field in the company’s...
A new factory has been opened in northern Vietnam by a joint venture between South Korean’s Hyundai Motor and the Vietnamese conglomerate Thanh Cong Group as it seeks to increase output and maintain its dominant position in the market. The plant, located in the...
Thailand’s SCG Chemicals (SCGC), one of the largest integrated petrochemical companies in Asia, is set to build a bio-based ethylene factory producing plastic materials made from plants. The factory will have a production capacity of 200,000 tons per year. It...
Multinational FMCG company, Procter & Gamble (P&G), has established a new facility in the Philippines to produce diapers. The facility is located in Laguna province, with an estimated investment of PHP 864 million (USD 15.74 million). The products to be...
German company Zama Group is continuing to expand its production capacity with the construction of an 11,000-square-meter facility in Batangas, which is expected to be operational by February 2024. According to Zama Philippines president Ronald Wienholts, this new...
The largest semiconductor manufacturer in the world, Intel Corporation (Intel Corp), has committed to investing USD 15.8 billion (MYR 70 billion) in Malaysia over a ten-year period. The company intends to invest approximately USD 6.77 billion (MYR 30 billion) to...
