Evonik’s recent expansion of its methionine production facility on Jurong Island adds 40,000 tonnes to its annual output, bringing the total capacity to 340,000 tonnes per year. Methionine, a critical protein component in animal feed, plays a key role in supporting...
South Korean semiconductor company Signetics is set to operationalize its USD 100-million factory in Vinh Phuc province by October 2025. The new facility, which will supply products to major South Korean conglomerates Samsung and SK, is being developed in partnership...
BYD and French auto parts group Forvia have inaugurated a seat assembly plant in Thailand to support local production. The seat plant, which began operations in July 2024, will manufacture automotive seats for BYD’s Thailand facility, with an estimated annual...
JTC, Singapore’s government industrial planner, is preparing to expand the country’s semiconductor manufacturing capabilities by increasing available land in its wafer fabrication parks by 11%. This move is part of Singapore’s strategy to attract more top...
The Department of Trade and Industry (DTI) announced the inauguration of Taiheiyo Cement Philippines Inc.’s (TCPI) new USD 234 million (PHP 12.8 billion) production plant in San Fernando, Cebu. The new facility, unveiled by the Philippine unit of Japan-based Taiheiyo...
Melexis, a Belgian microelectronics firm, has opened its largest wafer testing facility in Kuching, Sarawak, Malaysia, following a EUR 70 million (USD 77 million) investment. This development represents a significant effort to meet the growing global semiconductor...
Taiwanese electronics giant Foxconn will set up a facility to produce PlayStation gaming consoles in Quang Ninh province, Vietnam, as part of a USD 287.2 million investment. Foxconn received the investment registration certificate for the project in July 2024. The...
On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This facility has an annual capacity of 10 Gigawatt hours (GWh) of battery cells. Hyundai and LGES have...
With an investment of EUR 257 million (or IDR 3.8 trillion), Frisian Flag Indonesia (FFI) has launched a factory in Sukamahi village, Cikarang district, Bekasi regency. This 25.4-hectare plant is the largest production investment by Friesland Campina, the parent...
HARMAN, an electronics technology company and subsidiary of Samsung Electronics Co., Ltd., has initiated the construction of a new manufacturing facility in Thailand with a groundbreaking ceremony today. The facility, spanning approximately 47,000 sqm, will be...
To address the growing demand in the Asia-Pacific (APAC) region, Norwegian robotics company AutoStore inaugurated a new assembly factory in Rayong Province, Thailand, as announced in a recent press release. This significant development aims to expedite the deployment...
The Philippines’ Department of Trade and Industry (DTI) and Siemens have renewed their partnership to accelerate the Philippines’ Industry 4.0 transformation. The two parties signed a new memorandum of understanding (MOU) on June 7, 2024, solidifying their commitment...
