Tag
36 stories in this topic
Mondelez International recently commemorated the 50th anniversary of its Scoresby confectionery factory in Melbourne’s east, coinciding with a $8 million investment in new packaging technology. This crucial advancement will bolster the production of over 120…
In Hai Phong, a new chapter in the region’s energy landscape is underway as Vingroup, along with VinEnergo, kickstarts the construction of a significant liquefied natural gas (LNG) power plant. This ambitious project, stretching across 100 hectares and…
Levi’s new jean is an example of how the food industry is setting fashion trends. The San Francisco-based brand unveiled the first 501 jeans made with at least 97 percent plant-based materials. Levi’s said the jeans “are an indication of what the industry…
Hyundai Motor has inaugurated its second plant in Vietnam with a capacity of 100,000 automobiles per year. Covering an area of over 50 hectares in the northern Ninh Binh Province, the new plant will turn out eco-friendly and fuel-saving vehicles, said Thanh…
Samsung Electronics Co Ltd is close to finalizing the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told Reuters that it is continuing due diligence…
Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model. Facing the most…
EU competition enforcers have extended a near two-year investigation into Hungarian state aid for South Korean manufacturer Samsung SDI Co Ltd’s electric vehicle (EV) battery factory after Hungary submitted new data to back its case. Samsung SDI, an affiliate…
In a crazy incident, a Tesla owner was fined with a parking ticket at a GM plant in Wentzville in the US. Apparently, the parking ticket was issued as the attendant thought the vehicle was not an American car. In many American factories, they have dedicated…
Food company +Plant has launched a chicken nugget made of 50-per-cent chicken and 50-per-cent plant protein. The hybrid chicken nuggets are gluten-free, additive-free, and carry a four-star health rating. +Plant is part of The Positively Good Co, which aims…
Robert Bosch opened a 1 billion euro ($1.2 billion) chip plant in Germany on Monday, a record investment by the leading automotive supplier as it stakes a claim to equipping the latest electric and self-driving cars. The plant, located in a semiconductor hub…
Tyson Foods, the largest meat processor in the US, says it plans to launch plant-based products in Asia Pacific, including Australia. A range of three products will go on sale in Malaysia imminently under the First Pride brand – frozen Bites, Nuggets and…
HCMC-based energy firm Trungnam Group Friday has put its wind power plant in central Ninh Thuan Province into operation, considered the country’s largest to date. The plant, which spreads over an area of 900 hectares in Thuan Bac District, has 45 turbines…
It was earlier this week when Hyundai Motor suspended production at its Asan plant because of a chip shortage. The South Korean carmaker has announced that it will again halt production at its Sonata-producing plant for two days next week due to an electric…
The FuKang Technology Company, a Foxconn unit, received a business license Monday to build a plant to produce laptops and tablets in northern Vietnam. The plant will be located in the Quang Chau Industrial Park in the northern province of Bac Giang and will…
Starbucks has rolled out a new plant-based menu in selected Asia-Pacific markets. The brand has added two new seasonal plant-based beverages – Oatmilk Cocoa Macchiato and Almondmilk Hazelnut Latte. The beverage range will be available across eight markets:…
Toyota Motor on Monday said it plans to restart limited production at vehicle plants in France and Poland from April 22 after closing them due to the Automakers make a push to reopen plants. Global automakers reeling from the COVID-19 pandemic are…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.