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...
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....
Menicon Co Ltd, a Japanese manufacturer of contact lenses and lens care solutions aims to invest MYR 650 million (USD 153 million) in Malaysia to build its first daily disposable contact lens manufacturing plant. The plant, which is planned to begin construction in...
Asia Pacific Resources International Limited (APRIL Group), a leading manufacturer of sustainable fibers and products, has announced plans to expand its downstream product portfolio in Indonesia by investing IDR 33.4 trillion (USD 2.3 billion) in a new sustainable...
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 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,...
Vietnam’s garment and textile industry is striving for the implementation of green production to reduce emissions in response to the Vietnamese government’s commitment made at the 26th United Nations Climate Change Conference of the Parties (COP26), in...
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...
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...
United Microelectronics Corporation (UMC), a global semiconductor foundry, announced that it would be building a new USD 5 billion advanced manufacturing facility next to its existing 300mm fab (Fab12i) in Singapore. The new fab will be one of the most advanced...
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...
The Department of Agriculture (DA) through the National Dairy Authority (NDA) and the Department of Trade and Industry (DTI) have partnered with Baladna Qatar Public Shareholding Company (BQPSC) to build a USD 500 million integrated dairy facility in the Philippines....