Hilleman Laboratories, an organization with a mission to develop affordable vaccines and biologics against infectious diseases, has announced a first-of-its-kind vaccine and biologics development and manufacturing hub in Singapore. Established with the support of the...
Intel Corp has announced a major investment of over USD 7 billion to build a new chip packaging and testing factory in Bayan Lepas, Penang, in the midst of a worldwide shortage of semiconductors that is expected to last into 2023. The factory is presumably going to...
In December 2021, the LEGO Group signed a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility is planned to be the company’s first carbon-neutral factory and will...
John-Richard, a luxury home furniture producer, has announced that it will construct a new furniture factory in Binh Duong Province, with a four-building complex totaling 240,000 square feet under one roof. According to John-Richard, the plant will more than double...
Freeport Indonesia, a joint venture between US-based Freeport-McMoRan and the Indonesian government, has begun to construct copper smelter and precious metal refinery in Gresik Special Economic Zone, East Java. Worth USD 3 billion, the smelter will be developed on a...
German company Hansen & Rosenthal (H&R) Group has announced that it will invest MYR 200 million (USD 48 million) in a specialty manufacturing plant in Lumut, Perak. H&R is the leading global sustainable refiner and marketer of specialty plasticizers,...
The Philippine Economic Zone Authority (PEZA) has signed a Memorandum of Understanding (MoU) with South Korean company, EnPlus Co Ltd. to help set up joint ventures to provide and manufacture fuel-saving electric vehicles (EV) in economic zones. According to PEZA,...
Siltronic, a Munich-based silicon wafer manufacturer, has partnered with the Singapore Economic Development Board (EDB) and invested SGD 3 billion (USD 2.2 billion) in its new manufacturing facility at JTC’s Tampines Wafer Fab Park. The investment until the end of...
In September 2021, Italian bicycle manufacturer Vittoria Group announced the construction of a new factory in Thailand. The USD 20 million investment will see the company’s Lion Tires Thailand (LTT) factory premises grow from 36,000 to 52,000 square meters in the...
In September, Hyundai Motor Group announced the commencement of construction of an Electric Vehicle (EV) battery cell plant in Karawang, near Jakarta Indonesia. The production plant, established in joint cooperation with LG Energy Solutions, is expected to be...
Lam Research Corporation, an American global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, has launched its new facility in Batu Kawan, Penang, with an investment of MYR 1 billion (USD 240 million). Penang is the firm’s...
US-based AEsir Technologies has announced a partnership with Eramen Minerals located in Manilla, Philippines to construct a 1.5 GWh Nickel Zinc (NiZn) battery manufacturing facility in the Philippines. The partnership will represent a vertically integrated business...
