Lenzing Group Builds World’s Largest Lyocell Fiber Plant in Thailand

Jul 1, 2019

Austria-based Lenzing Group has approved the construction of a state-of-the art lyocell (a type of rayon made from wood pulp) fiber production plant in Prachinburi, Thailand, which will be the largest in the world. The plant will have a capacity of 100,000 tons and...

More Electronics Firms Eye Vietnam for New Manufacturing Facilities

Jul 1, 2019

A subsidiary of the Foxconn Technology Group, the world’s largest electronics contract manufacturer, is studying the feasibility of building a TV screen assembly plant in the North of Vietnam. The first phase of this project will cost Foxconn USD 40 million, and is...

Perangsang Selangor Acquires Plastic Injection Molding Firm

Jun 1, 2019

Kumpulan Perangsang Selangor Bhd (Perangsang Selangor), a corporate entity owned by the state of Selangor, is buying a 100% stake in Toyoplas Manufacturing, an integrated plastic injection molding firm. The conditional share sale agreement for the acquisition has been...

Kimberly-Clark Invests SGD 25 million in Tuas Plant

Jun 1, 2019

Signaling its third investment in four years, Kimberly-Clark announced a new investment of SGD 25 million (USD 18.3 million) in its factory in Tuas, Singapore, which aims to double its export volume and value by the end of 2022. Funding will be allocated to expand...