Vale and Huayou Signed Agreement for the HPAL Project in Indonesia

Vale and Huayou Signed Agreement for the HPAL Project in Indonesia

On April 28th, PT Vale Indonesia and Zhejiang Huayou Cobalt Company Limited signed a Framework Cooperation Agreement (FCA) to develop a High-Pressure Acid Leaching (HPAL) processing facility in Pomalaa, Kolaka. The main points agreed upon by the two parties, relating...
Sanofi Begins Construction of Unique Evolutive Vaccine Facility in Asia

Sanofi Begins Construction of Unique Evolutive Vaccine Facility in Asia

In April, Sanofi officially commenced its Evolutive Vaccine Facility (EVF), in the presence of Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies, Heng Swee Keat, and Sanofi’s Executive Vice President, Head of Vaccines, Thomas Triomphe....
Thailand’s Largest Cement Maker Focuses on Green Manufacturing

Thailand’s Largest Cement Maker Focuses on Green Manufacturing

Siam Cement Group (SCG) is refocusing its operations on green manufacturing. Specifically, it has been recently reported that Thailand’s largest cement maker and industrial conglomerate targets to use more clean energy, develop environmentally friendly products...
Medtecs Eyes USD 2-B Worth Industrial Town Project

Medtecs Eyes USD 2-B Worth Industrial Town Project

Medtecs International, the world’s leading provider and distributor of personal protective equipment (PPE), is in talks with the government to put up a nearly USD 2-billion industrial town that would produce PPE, electric vehicles (EVs), and textiles, among others,...
Dyson to Invest USD 1.1 Billion in Singapore over 4 Years

Dyson to Invest USD 1.1 Billion in Singapore over 4 Years

In 2020, global tech and household appliances company Dyson first announced its USD 3.6 billion global investment plan, which would see its investment funds divided between its global head office in Singapore, its two campuses in Wiltshire, southern England, and the...
Austrian Company Builds World’s Largest Lyocell Plant in Thailand

Austrian Company Builds World’s Largest Lyocell Plant in Thailand

Austria’s Lenzing Group, a leading supplier of wood-based specialty fibers, has just announced the successful completion of its key lyocell expansion project in Thailand. The new plant, the largest of its kind in the world with a capacity of 100,000 tons per...
Thailand Releases New Incentives for Electric Vehicles

Thailand Releases New Incentives for Electric Vehicles

The government of Thailand has recently approved a new set of incentives targeting the electric vehicles (EVs) sector, including lower excise tax and import duties on auto parts. The incentives aim to promote domestic manufacture of EVs between 2022 and 2025. A...