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...
Metal E-Waste Management company Metech International announced in late September that its wholly-owned subsidiary, Asian Green Tech Pte Ltd, had entered into a joint venture with X Diamond Capital. The new company, incorporated as Asian Eco Technology, will focus on...
Japanese IT maker Oki Electric Industry (OKI) has just announced that it will shift its printer manufacturing activities from China to Thailand as part of efforts to focus on competitive products. Its Chinese unit ends printer production in Shenzhen, in October, while...
In September 2021, Universal Scientific Industrial Co., Ltd. (USI) announced that it had completed the first phase for the construction of its new manufacturing base in Vietnam. The company is a member of ASE Technology Holding, a Taiwan-based world-leading provider...
KTM Asia Motorcycle Manufacturing Inc. (KAMMI) is ramping up local assembly of motorcycles for export as the company approaches the 30,000-unit production milestone. KAMMI, a joint venture of AC Industrial Technology Holdings Inc. and KTM AG, expanded its...
Hyundai Motor Group will complete its sophisticated assembly plant in Singapore in 2022, where it will assemble, sell and export the Hyundai Ioniq 5 and the Hyundai Ioniq 3 for Singapore and the rest of the Asia Pacific region. This puts the company in a prime...
