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ExxonMobil introduces PE for thin-gauge hand wrap applications

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Vietnam: Foreign investment up 13% in H1 2024
BYD inaugurates EV factory in Thailand, first in Southeast Asia
Indorama Ventures secures US$200 million loan for PET recycling in Asia
Indonesia opens first EV battery manufacturing plant
Malaysia to build port with AI operation system near Kuala Lumpur
Dow and SCG Chemicals partner to transform plastic waste into circular products
SK Leaveo breaks ground on a biodegradable material plant in Vietnam
Quick chat: Malaysian plastics industry sets to prosper despite cost challenge
Indonesia’s packaging and automotive sectors boost demand for plastics

Economic & Market Landscape

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Vietnam: Foreign investment up 13% in H1 2024
Vietnam-China trade projected to increase and hit US$200 bln
Indonesia opens first EV battery manufacturing plant

Company Investment & Expansion

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Chemicals
Freudenberg Apparel inaugurates thermal insulation factory in Vietnam Freudenberg Performance Materials Apparel announced the production opening of its state-of-the-art thermal insulation factory located in Long Thanh District, Vietnam.
2024-07-25
Textile
Vietnam
  0      0
Automotive
FORVIA and BYD open new seat assembly plant in Thailand FORVIA, one of the world’s largest automotive technology supplier, and the Chinese automaker BYD inaugurated their new seat assembly plant in Rayong, Thailand, on July 18.
2024-07-24
FORVIA
BYD
Automotive
  0      0
Corporate News
Bethesher Industrial Supplies as AMUT’s agent in the Philippines AMUT announced that Bethesher Industrial Supplies has been appointed as sales agent for the entire product portfolio throughout the Philippines.
2024-07-17
Philippines
Packaging
Recycling
  0      0
Automotive
BYD inaugurates EV factory in Thailand, first in Southeast Asia The Thai factory is the Chinese EV maker’s first in Southeast Asia and part of its push into the region.
2024-07-12
BYD
Electric vehicles
Automotive
  0      0

Imperative Around Sustainability

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Regional News
New decree for direct renewable energy trading in Vietnam
Vietnam has issued a new decree on the mechanism for direct power purchase agreements between renewable energy generators and large electricity consumers, reported SAIGON News.
2024-07-26
New Energy
ASEAN
Vietnam
Regional News
Chinese EV brands gain popularity in Singapore
Certificate of Entitlement premiums, a quota vehicle license in Singapore, are expected to rise in the short to medium term, driven by higher demand for EVs, especially Chinese brands.
2024-07-16
Singapore
ASEAN
Electric vehicles
Corporate News
Indorama Ventures secures US$200 million loan for PET recycling in Asia
Indorama Ventures secured a new 7-year loan of US$200 million from the IFC to fund the company’s sustainability programs and promote a circular economy as a leader in PET recycling.
2024-07-11
Indorama Ventures
Recycling
Sustainability
Recycling
Circular Plas and TOYO develop recycled feedstock for petrochemicals
Circular Plas entered into a joint development agreement with TOYO to commercialize equipment and engineering process to turn mixed post-consumer plastics into recycled feedstock for petrochemical businesses.
2024-06-28
Circular economy
PCR
Regional News
Integrated solid waste management services to be offered in Indonesia
A co-investment partnership have been established to provide integrated solid waste management (SWM) services in selected cities and districts in Indonesia.
2024-06-11
Indonesia
Alliance to End Plastic Waste
Recycling
Recycling
Insulin pen upcycling program launched in Thailand
Sanofi-Aventis, SCG Chemicals, CirPlas Tech, along with hospitals, jointly launched a used insulin pen recycling program in Thailand.
2024-06-05
Medical
Recycling
Thailand

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