Shell, an international oil and lubricant company, has begun constructing Indonesia’s first Grease Manufacturing Plant (GMP). It represents an additional investment alongside Shell’s existing Lubricants Oil Blending Plant (LOBP) in Marunda, Bekasi, West...
Silicon Valley-based Sol-Go Inc has made a strategic decision to build its new solar panel factory in the Philippines, choosing the country over manufacturing hubs like China and Vietnam. Looking ahead, Sol-Go aims to significantly expand its Batangas factory, with...
Singapore’s aerospace sector has attracted substantial investment commitments totaling over S$750 million (USD 555 million) from more than ten projects, signaling significant growth opportunities for the industry. This influx of investments is projected to...
SEDC Energy Sdn Bhd, a subsidiary of Sarawak Economic Development Corporation (SEDC), a state government agency, has entered into an MoU with Gallois New Energy Materials (M) Sdn Bhd, a Malaysian exporter of natural graphite, to establish a graphite manufacturing...
The US has announced its plans to invest more than USD 1 billion in the Philippines’ tech sector to double the number of semiconductor factories in the country. While the Philippines is one of the key centers in the global electronics industry chain, it does not yet...
Brembo, an Italian company leader in braking systems, just commenced construction of its first production site in Thailand. The investment, totaling approximately EUR 40 million (USD 43 million), reflects the Group’s global strategy to expand its industrial presence...
American biotechnology company Kraig Biocraft Laboratories (Kraig Labs) has announced the commencement of a new recombinant spider silk production center in Lam Dong Province of Vietnam. The new facility is located in the heart of Vietnam’s booming silk market and...
Lesaffre, a French manufacturer specializing in fermentation and microorganisms, recently inaugurated its latest venture in Indonesia: a new manufacturing facility dedicated to the production of compressed and dry yeast. The new facility supplements the existing...
In January 2024, Thailand achieved an important milestone in its automotive industry, with the inaugural production of its first domestically manufactured electric vehicle (EV) in Rayong. The unveiling of the New Ora Good Cat EV model, manufactured under the Great...
AbbVie, a leading pharmaceutical company, has initiated a new USD 223 million expansion of its manufacturing facility in Singapore’s Tuas Biomedical Park. This investment aims to bolster AbbVie’s global manufacturing capacity for biologics, generating over...
Ferrotec Holdings Corporation, a prominent global supplier of materials and precision system solutions based in Japan, has unveiled its latest manufacturing facility at Kulim Hi-Tech Park in Kedah, Malaysia. The facility specializes in electromechanical assembly and...
German tire brand Schwalbe recently announced the decision to centralize all tire and tube manufacturing operations in Vietnam in response to the tense conditions in the bicycle industry. Instead of being able to rely on long-term commitments, orders are now almost...
