Panasonic Industry, a subsidiary of the Panasonic Group, has announced plans to double its production capacity of MEGTRON multi-layer circuit board materials over the next five years to meet growing demand from AI server and ICT infrastructure markets. The expansion...
Evonik has opened Asia’s first large-scale alkoxides production facility on Singapore’s Jurong Island, marking a major expansion of its specialty chemicals footprint in the region. Built with an annual capacity of about 100,000 metric tons, the plant is part of a...
Chinese electric vehicle (EV) company BYD has selected Perak’s KLK TechPark in Tanjong Malim for its first automotive assembly plant in Malaysia. The assembly facility will span approximately 150 acres and is slated for completion by the end of 2026, becoming a key...
South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement between HD Hyundai Heavy Industries and private equity firm Cerberus Capital Management...
U.S. semiconductor manufacturer Coherent Corp. has inaugurated its third facility in Vietnam, located in Nhon Trach Industrial Park, Dong Nai Province, with an initial investment of USD 127 million. The plant will produce precision-engineered materials and photonics...
Sirio Pharma, a global contract development and manufacturing organization specializing in nutraceuticals, announced in a recent press release that it recorded strong revenue growth in the Asia-Pacific region. The company confirmed plans to build a new manufacturing...
Hitachi Energy, a global leader in electrification, is investing 455 million THB (14 million USD) to expand its transformer manufacturing facility in Samutprakarn, Thailand. The investment is part of the company’s 9 billion USD global program to increase...
Japan-based DIC Corporation has opened a new production facility in Jakarta, Indonesia, dedicated to coatings for direct food contact materials. Located within the premises of its wholly owned subsidiary, PT DIC Graphics, the facility is positioned to support the...
Wuxi XDC, a leading global contract development and manufacturing organization (CDMO) specializing in bioconjugates, has announced the mechanical completion of its new manufacturing site at Tuas Biomedical Park in Singapore, spanning about 25,000 square meters. The...
Fujifilm Business Innovation Japan is expanding its sustainability efforts by establishing a Circular Manufacturing Center (CMC) at its Laguna factory in the Philippines. The facility, now under construction, will begin operations next year with the capacity to...
Japanese chemical company Tokuyama Corporation and South Korea’s polysilicon producer OCI have commenced construction of a new 10,000-metric-ton (MT) polysilicon plant at the Samalaju Industrial Park in Sarawak, Malaysia. Valued at approximately USD 435 million, the...
Coherent Corporation has reinforced its global growth strategy with the inauguration of a USD 127 million manufacturing facility in Dong Nai province. The new plant, located at Nhon Trach Industrial Park, was officially launched on July 28 and will produce...