German automotive parts manufacturing company Continental is expanding its tire plant in Rayong, Thailand, increasing production by three million units per year through a EUR 300 million (USD 325 million) investment. Supported by Thailand’s Board of Investment under...
dsm-firmenich has unveiled two new facilities in Singapore’s Tuas region, strengthening its innovation and manufacturing capabilities within the Asia-Pacific region. Supported by the Singapore Economic Development Board (EDB) and representing an investment of...
President Ferdinand Marcos inaugurated the Philippines’ first electric vehicle (EV) battery factory on September 30, 2024, emphasizing its importance for the future of clean energy. The Australian-owned lithium-iron-phosphate plant, located in New Clark City,...
The Thailand Board of Investment (BOI) has announced a joint venture between Hana Microelectronics and Thai energy firm PTT to establish the country’s first silicon carbide (SiC) chip manufacturing facility. With an initial investment of THB 11.5 billion...
Elna PCB (M) Sdn. Bhd., the Malaysian subsidiary of Global Brands Manufacture under Taiwan’s Passive System Alliance (PSA) Group, has announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion (USD 230 million). The first...
Nippon Shokubai Indonesia is moving forward with plans to expand its petrochemical operations in Cilegon, Banten, by constructing a fourth plant phase, set to begin in 2025. The new facility will involve an investment of approximately IDR 1.69 trillion (USD 110...
The South Korean display manufacturer Samsung Display is set to establish a USD 1.8 billion organic light-emitting diode (OLED) production line in Vietnam, focusing on small- to medium-sized panels for laptops and tablets. This announcement follows a memorandum of...
Silicon Valley-based battery technology company Enovix Corporation has inaugurated its first high-volume manufacturing facility, Fab2, in Penang, Malaysia, focusing on the production of high-energy density batteries. The company plans to invest USD 1.2 billion over...
The Board of Investments (BOI) has approved Monde Nissin Corporation’s USD 21.78 milion investment in a new biscuit manufacturing facility in Davao City. The facility, located in Barangay Ilang, Bunawan, is dedicated to producing butter coconut biscuits and is...
Thailand has approved Western Digital’s investment project valued at THB 23.5 billion (approximately USD 693 million), marking a significant development in the country’s data storage industry. Western Digital, a leading global technology company specializing in...
VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, held a groundbreaking ceremony on July 15, 2024, for its first assembly plant in Subang, West Java. The facility will produce right-hand drive versions of its e-SUV models, including the VF 3, VG 5, VF 6,...
Evonik’s recent expansion of its methionine production facility on Jurong Island adds 40,000 tonnes to its annual output, bringing the total capacity to 340,000 tonnes per year. Methionine, a critical protein component in animal feed, plays a key role in supporting...
