TT Vision Holdings Bhd (TTVHB), a Malaysian technology-driven company specializing in automated machine vision solutions, has forged a significant partnership with Autowell (Singapore) Pte Ltd (ASPL). This collaboration entails a MYR 167 million (USD 34.91 million)...
Construction work is underway for the BMW Group’s Thai manufacturing facility for Gen-5 high-voltage batteries. With that, the BMW Group is readying a production facility to manufacture fully electric vehicles, with local battery electric vehicles (BEV) production...
Japanese plastic maker Kuraray has announced a strategic investment to establish a new production facility for EVOH (ethylene-vinyl alcohol copolymer) resin at Kuraray Asia Pacific Pte. Ltd., a fully-owned subsidiary in Singapore. This initiative reflects the...
In March 2024, VDL ETG, the high-tech cluster of VDL Groep, ratified cooperation with Frasers Property for the construction of a new facility in Vietnam to make semiconductor manufacturing components. The construction of the new VDL factory in the northeast of Vietnam...
Shell, an international oil and lubricant company, has begun constructing Indonesia’s first Grease Manufacturing Plant (GMP). It represents an additional investment alongside Shell’s existing Lubricants Oil Blending Plant (LOBP) in Marunda, Bekasi, West...
Silicon Valley-based Sol-Go Inc has made a strategic decision to build its new solar panel factory in the Philippines, choosing the country over manufacturing hubs like China and Vietnam. Looking ahead, Sol-Go aims to significantly expand its Batangas factory, with...
Singapore’s aerospace sector has attracted substantial investment commitments totaling over S$750 million (USD 555 million) from more than ten projects, signaling significant growth opportunities for the industry. This influx of investments is projected to...
SEDC Energy Sdn Bhd, a subsidiary of Sarawak Economic Development Corporation (SEDC), a state government agency, has entered into an MoU with Gallois New Energy Materials (M) Sdn Bhd, a Malaysian exporter of natural graphite, to establish a graphite manufacturing...
The US has announced its plans to invest more than USD 1 billion in the Philippines’ tech sector to double the number of semiconductor factories in the country. While the Philippines is one of the key centers in the global electronics industry chain, it does not yet...
Brembo, an Italian company leader in braking systems, just commenced construction of its first production site in Thailand. The investment, totaling approximately EUR 40 million (USD 43 million), reflects the Group’s global strategy to expand its industrial presence...
American biotechnology company Kraig Biocraft Laboratories (Kraig Labs) has announced the commencement of a new recombinant spider silk production center in Lam Dong Province of Vietnam. The new facility is located in the heart of Vietnam’s booming silk market and...
Lesaffre, a French manufacturer specializing in fermentation and microorganisms, recently inaugurated its latest venture in Indonesia: a new manufacturing facility dedicated to the production of compressed and dry yeast. The new facility supplements the existing...
