Evonik Opens Asia’s First Net-Zero Alkoxides Plant in Singapore to Power Regional Growth
Evonik has opened Asia’s first large-scale alkoxides production facility on Singapore’s Jurong Island, marking a major expansion of its specialty chemicals footprint in the region. Built with an annual capacity of about 100,000 metric tons, the plant is part of a...
BYD to Build First Malaysian Assembly Plant at Perak’s KLK TechPark
Chinese electric vehicle (EV) company BYD has selected Perak’s KLK TechPark in Tanjong Malim for its first automotive assembly plant in Malaysia. The assembly facility will span approximately 150 acres and is slated for completion by the end of 2026, becoming a key...
Hyundai to Launch Shipbuilding Operations in the Philippines
South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement between HD Hyundai Heavy Industries and private equity firm Cerberus Capital Management...