Tag Archives: Asia-Pacific

Evonik sells Indonesian betaines business to Aekyung Chemical, advancing shift toward sustainable specialty chemicals

(IN BRIEF) Evonik has sold its betaines production site in Bekasi, Indonesia, to Aekyung Chemical Co., Ltd., furthering its transformation into a sustainable specialty chemicals provider. The sale includes the entire PT Evonik Sumi Asih joint venture and its 60 … Read the full press release

Roland Berger enters Australian market with new Sydney office to drive Asia-Pacific growth

(IN BRIEF) Roland Berger has opened its first Australian office in Sydney, expanding the firm’s international network to all six continents. The new office, led by an experienced local team, strengthens the consultancy’s presence in the Asia-Pacific region and supports … Read the full press release

Henkel and China Packaging Federation Ignite ‘Green Torch’ to Accelerate Sustainable Packaging Transformation

(IN BRIEF) Henkel has launched its first Packaging RecycLab in Shanghai, a cutting-edge facility aimed at advancing sustainable packaging through adhesive innovation and recycling research. Developed in alignment with the CEPI/4Evergreen framework, the lab enables localized testing, data generation, and … Read the full press release

Saint-Gobain Launches Lead & Grow Strategy to Accelerate Global Growth and Strengthen Leadership in Sustainable Construction

(IN BRIEF) Saint-Gobain has announced its new strategic plan Lead & Grow, building on the success of its previous Grow & Impact initiative. The plan aims to drive profitable growth between 2026 and 2030 through innovation, sustainability, and disciplined capital … Read the full press release

Henkel opens Inspiration Center Shanghai to drive sustainable adhesive innovation and regional growth in Asia-Pacific

(IN BRIEF) Henkel has opened its new Inspiration Center for Adhesive Technologies in Shanghai, a €60 million investment designed to accelerate innovation, strengthen customer collaboration, and expand sustainable solutions in the Asia-Pacific region. Located in Zhangjiang Hi-Tech Park, the 33,000-square-meter … Read the full press release

Strategic Acquisition Boosts Covestro’s Coatings and Adhesives Capabilities in Asia-Pacific and North America

(IN BRIEF) Covestro is acquiring two HDI derivative production sites in Rayong, Thailand, and Freeport, USA, from Vencorex Holding SAS to expand its global aliphatics capabilities. The move strengthens the company’s Solutions & Specialties segment and supports its Sustainable Future … Read the full press release

Bayer and M2i Expand Exclusive Pheromone Gel Distribution to Asia-Pacific, Latin America and the US

(IN BRIEF) Bayer and M2i Group have extended their distribution partnership to cover Asia-Pacific, Latin America, and the United States, following a successful 2023 agreement in Europe and Africa. This exclusive deal will enable Bayer to market M2i’s pheromone gel … Read the full press release

Kuehne+Nagel Secures Lead Logistics Provider Role with Evonik Across Asia-Pacific

(IN BRIEF) Kuehne+Nagel has entered into a lead logistics provider (LLP) agreement with Evonik to manage air, sea, and road transportation across Asia-Pacific. This collaboration will cover key markets including Mainland China, Taiwan, Singapore, South Korea, Japan, New Zealand, Australia, … Read the full press release

FCA Establishes First Overseas Offices to Support Global Growth of UK Financial Services

(IN BRIEF) The Financial Conduct Authority (FCA) is establishing offices in the US and Asia-Pacific for the first time under its 2025–2030 strategy. Tash Miah has begun her new role in Washington, DC, while Camille Blackburn will open a regional … Read the full press release

Metso Opens Advanced Dewatering Hub in Irapuato, Bolstering Global Filtration and Customer Service Capabilities

(IN BRIEF) Metso has launched its advanced Dewatering Development Hub in Irapuato, Mexico, on April 10, 2025, marking a significant milestone in its pursuit of enhanced customer service and innovation. The facility manufactures polymer filter plates for both internal and … Read the full press release

Continental Dominates Global EV Market: Supplies Original Equipment Tires to 18 of 20 Leading Manufacturers

(IN BRIEF) Continental has established its dominance in the electric vehicle market by supplying original equipment tires to 18 of the world’s 20 highest-volume fully electric vehicle manufacturers in 2024. With nine of the top 10 EV manufacturers in each … Read the full press release

Zeekr 001 Achieves Unmatched Electric Safety and Performance with Continental PremiumContact 6

(IN BRIEF) Continental has secured original equipment approval for its PremiumContact 6 tires in a 22-inch size, now featured on the Zeekr 001 electric sedan from Chinese automaker Zeekr. Designed for high safety and dynamic handling, these summer tires deliver … Read the full press release

Saint-Gobain Completes Acquisition of FOSROC to Strengthen Global Leadership in Construction Chemicals

(IN BRIEF) Saint-Gobain has completed its acquisition of FOSROC, a major player in the construction chemicals industry, further expanding its global reach. The acquisition strengthens Saint-Gobain’s position in high-growth markets like India and the Middle East and aligns with its … Read the full press release

Schaeffler Acquires Dhruva Automation & Controls to Expand Digital Solutions in the Asia-Pacific Market

(IN BRIEF) Schaeffler AG, through its subsidiary Industriewerk Schaeffler INA-Ingenieurdienst GmbH, is acquiring Dhruva Automation & Controls, a Pune-based specialist in industrial automation and software solutions. With 65 employees and a strong presence in Asia-Pacific markets, Dhruva complements Schaeffler Digital … Read the full press release

BMT Expands Asia-Pacific Reach with Acquisition of Australian Maritime Technologies

(IN BRIEF) BMT has acquired Australian Maritime Technologies (AMT), a Melbourne-based naval design and marine engineering consultancy, enhancing its capabilities in the defence and commercial maritime sectors. With a legacy of high-profile projects for the Royal Australian Navy and others, … Read the full press release

EY Reports Global IPO Decline in H1 2024, Highlighting Regional Disparities with Americas and EMEIA Growth as Asia-Pacific Falters

(IN BRIEF) Global IPO activity in the first half of 2024 saw a decline, with 551 listings raising US$52.2 billion, marking a 12% decrease in volume and a 16% drop in proceeds year-on-year. While industrials led in number of IPOs … Read the full press release

Taiwan Inaugurates Asia-Pacific’s Largest Offshore Wind Farms, Doubling Nation’s Capacity

(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release

DNV appoints four experienced hydrogen experts to its hydrogen business across Asia Pacific

(PRESS RELEASE) SINGAPORE, 21-Apr-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced four appointments of experienced hydrogen experts to support the rapid growth of the company’s hydrogen business in the Asia Pacific region. The new … Read the full press release

Barclays strengthens senior client coverage in Asia Pacific region with new appointments

(PRESS RELEASE) LONDON, 23-Mar-2020 — /EuropaWire/ — Barclays announces the appointment of Carrie Chen as Vice Chairman of Greater China Banking; and Sung-Min Chung as Head of Technology in Banking for Asia Pacific. The appointments will strengthen senior client coverage … Read the full press release

AI based freight platform by Kuehne + Nagel to shape the future of the overland shipments in Asia Pacific

(PRESS RELEASE) SINGAPORE, 9-Jul-2019 — /EuropaWire/ — Kuehne + Nagel announced it is rolling out an AI-based digital freight platform in Asia Pacific, first starting off with Thailand. With this launch, the company is expanding its suite of online services. … Read the full press release