American Company Expands Specialty Materials Capability in Rayong, Thailand
Momentive Performance Materials, a global leader in high-performance silicones and specialty solutions, has announced a new growth investment – a manufacturing facility in Rayong, Thailand. This new site will increase Momentive’s manufacturing capacity and...
Sandvik to Construct Load and Haul Factory in Malaysia to Meet Growing Mining BEV Market
Swedish engineering group Sandvik announced a new production facility in Malaysia for manufacturing underground loaders and trucks in order to meet demand for battery-electric vehicles (BEVs)in the mining industry. The firm aims to commit SEK 350 million (USD 33...
Astra Daihatsu Starts Constructing USD 190 Million Car Assembly Plant in Indonesia
Astra Daihatsu Motor, a joint venture between Japan’s Daihatsu and Indonesian conglomerate Astra International, has begun constructing a new automobile assembly plant in Indonesia, according to a statement released in February 2023. The new plant will be...