In July 2021, Teijin Carbon Vietnam Co., Ltd (TCV) began commercial production of carbon fiber goods such as prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. The factory is located in Ha Nam province. Initially, TCV...
KCC Glass Corporation, a representative integrated glass company in Korea, has announced plans to establish a glass factory in Batang Industrial Park, Central Java, Indonesia. The USD 350 million glass factory, in the size of 490,000 square meters in total, is...
UMW Toyota Motor Sdn Bhd (UMWT) recently announced its plan for local mass manufacturing of Hybrid Electric Vehicles (HEV) in Malaysia with an additional investment of MYR 270 million (USD 63.69 million) to expand its current manufacturing operations and facility. The...
AT&S has announced a MYR 8.5 billion (USD 2.04 billion) of proposed investment to build its first South East Asian production site in Malaysia. AT&S is a multinational manufacturer of high-end printed circuit boards (PCBs) and integrated circuit (IC)...
Thailand’s Board of Investment has just approved 24 projects of car manufacturers for the production of electric vehicles, including 6 plug-in hybrid electric vehicles projects, 13 battery electric vehicles projects, and 5 hybrid electric vehicles projects. The...
China’s Zhejiang Huayou Cobalt just announced a partnership with electric vehicle battery maker EVE Energy and other players for a USD 2.08 billion nickel and cobalt project in Indonesia. This will represent Huayou’s third battery nickel smelting project in Indonesia....
GlobalFoundries, the global leader in feature-rich semiconductor manufacturing, today announced it is expanding its global manufacturing footprint with the construction of a new fabrication plant on its Singapore campus. In partnership with the Singapore Economic...
The Department of Trade and Industry – the Board of Investments (DTI-BOI) – is eyeing Japanese pharmaceutical firms to invest in the Philippines. With the developments in health insurance schemes, health systems, and increasing investments in public health, the...
In May 2021, Toyota Motor Vietnam and the Department of Industry – Ministry of Industry and Trade signed a Memorandum of Understanding to support domestic enterprises, specifically to enhance their capabilities and strengthen cooperation between domestic...
Pan Asia Metals, a specialty metal explorer and developer focused on projects in South East Asia, recently intersected pegmatite dyke swarms within the Reung Kiet Lithium Project in southern Thailand. Exploration results showed promising levels of lithium hosted in...
Established in 1978, Vietnam Petroleum Institute (VPI) is the unique R&D institution of Vietnam Oil and Gas Group (PetroVietnam). On April 17, 2021, VPI signed a contract to collaborate with PetroVietnam Oil Corporation (PVOIL) to research electric vehicle (EV)’s...
French chemicals and plastics producer Arkema is building a new plant on Jurong Island, Singapore, to produce its flagship Rilsan polyamide 11 high-performance polymer. This plant, for which production will be 100%-derived from renewable castor beans, represents a 50%...