Nidec, a leading producer of motors found in hard disk drives, automobiles, and consumer and industrial equipment, would break ground for a new facility sometime in the third quarter of this year, according to the Department of Trade and Industry. The manufacturer...
Lamipak, one of the industry leaders in providing high quality products and solutions in aseptic packaging, breaks ground on the construction of a new packaging factory in Indonesia. With an investment of USD 200 million, the factory will not only be Lamipak’s first...
MiRXES, a Singapore-headquartered biotechnology company that focuses on miRNA-powered cancer early detection tests, announced the opening of South East Asia’s first industry 4.0 (i4.0) in vitro diagnostic (IVD) manufacturing facility. The USD 5.7 million facility is...
The Industrial Estate Authority of Thailand (IEAT) has just announced its intention to partner with South Korean companies in order to explore the possibility of establishing a new high-tech industrial estate. The new facilities would be designed to specifically cater...
At a recent Investment Promotion Conference in Vinh Phuc province, a representative of Compal, a Taiwanese company specializing in electronic devices, has announced the operation of a laptop plant valued at USD 500 million. The company is currently a manufacturer for...
Chioson Group, a Cebu-based steel manufacturer and property developer is set to be a carbon-neutral firm by 2025 as it completely shifted to renewal energy by tapping First Gen Corporation as its power supplier. First Gen will now be supplying Chioson’s total...
US-based TTM Technologies Inc (TTM) will open a new, highly automated printed circuit board (PCB) manufacturing plant in Penang state, Malaysia, with a proposed capital investment of USD 130 million by 2025. The expansion in Malaysia seeks to respond to the growing...
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...