US Company to Produce Polylactic Acid from Agricultural Feed in Thailand
In May 2021, the Board of Investment (BOI) of Thailand announced to have approved an application from American-headquartered company NatureWorks to invest around USD 490 million in a project to produce Polylactic Acid (PLA), a low-carbon-footprint polymer derived from...
AirAsia Group Berhad’s B2B Platform, MAFI Aspire to Help More Malaysian Farmers
AirAsia Group Bhd’s business-to-business (B2B) e-commerce platform, airasia farm, as well as the Ministry of Agriculture and Food Industries (MAFI) and several other authorities, have collaborated to increase farmers’ income by directly promoting and selling their...
Kerry Group to Invest EUR 30 Million in Manufacturing Facility in Indonesia
Irish taste and nutrition company Kerry Group has announced plans to invest EUR 30 million (USD 36.2 million) to build a manufacturing facility in Karawang, Indonesia. Construction has started, and the plant is scheduled to be operational in late 2022. The new...