MALAYSIA - The longer-term prospects for the plastics and packaging industry remain positive fuelled by continued capacity expansion and potential benefits from the Trans Pacific Partnership Agreement.
VIETNAM - Thai investors are massively investing in Vietnam’s plastic industry, with many of them keen to fully acquire the government’s stakes in state-owned companies.
SINGAPORE - Angus Chemical Company, a major US manufacturer and marketer of nitroalkanes and their derivatives, has opened a new Customer Application Centers in Singapore.
Fraser and Neave Ltd (F&N), has announced plans to boost production capacity and drive business growth in Malaysia with an investment in excess of S$70 million (RM210 million) via its 55% owned subsidiary Fraser and Neave Holdings Bhd (F&NHB).
The investments include an aseptic cold-filling polyethylene terephthalate (PET) bottle line in Shah Alam, west Malaysia, as well as an ultra-high temperature processing (UHT) line and warehouse facility to be constructed in the Group’s East Malaysia facility in Kuching, Sarawak.
The investments are part of F&NHB’s committed S$102 million in capital expenditure in Malaysia over two years and will lift F&NHB’s total asset value in Malaysia to more than RM1.9 billion.
The addition of aseptic cold-filling PET bottle and UHT lines will enable it to meet increasing demand for its healthier range of drinks such as its ready-to-drink tea, soya and Asian soft drinks, that fulfil its philosophy of “Pure Enjoyment. Pure Goodness " the company highlighted.
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THAILAND - Agr International Inc has expanded its Service Center offerings in Asia with the recent opening of a service office in Bangkok, Thailand.
CHINA - Schreiner ProTech, a business unit of Germany’s Schreiner Group, has officially opened its new production site in China.
TAIWAN – German injection molding machinery manufacturer Arburg has established a wholly owned subsidiary in Taiwan, as part of its strategy to better support domestic customers and expand in the Southeast Asian market.
SOUTH KOREA - Mitsui Chemicals Inc has established a new Korean sales subsidiary, Mitsui Chemicals Korea Inc.
THAILAND - Corbion has completed the pre-engineering for a PLA polymerization plant in Thailand and announced that it is entering the basic-engineering phase.
Packaging Supply Chain news from the Asia Pacific
