Thai Food Conglomerate CP Group Focuses on Sustainable Corn Sourcing

Thai Food Conglomerate CP Group Focuses on Sustainable Corn Sourcing

Thai food conglomerate CP Group’s Feed Ingredients Trading Business Group (FIT) and Charoen Pokphand Foods Public Company Limited (CP Foods) have announced the implementation of a corn traceability system to verify the sourcing of maize for feed production. The...
Lazada to Invest in Hundreds of Delivery Hubs All Over the Philippines

Lazada to Invest in Hundreds of Delivery Hubs All Over the Philippines

Lazada, the Southeast Asian e-commerce giant, plans to build “hundreds” of delivery hubs throughout the Philippines in an effort to enhance delivery times and customer experience. The CEO of Lazada Philippines, Carlos Barrera, said the company is investing in building...
VietCycle to Build Plastic Recycling Plant in Vietnam with ALBA

VietCycle to Build Plastic Recycling Plant in Vietnam with ALBA

VietCycle and ALBA Group Asia have entered into a partnership to construct a plastic recycling facility in Vietnam. The facility can process high-density polyethylene (HDPE) and food-grade polyethylene terephthalate (PET) plastic. It will have a projected annual...
Indonesia to Launch USD 2.6 Billion Hydroelectric Power Plant

Indonesia to Launch USD 2.6 Billion Hydroelectric Power Plant

The President of Indonesia, Joko Widodo, attended a ground-breaking ceremony on March 1, 2023, for the construction of a hydropower plant that will cost USD 2.6 billion and will be connected to an industrial zone in North Kalimantan. PT Kayan Hydropower Nusantara, a...
Ford to Build a USD 4.5 Billion Nickel Plant in Indonesia

Ford to Build a USD 4.5 Billion Nickel Plant in Indonesia

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...