Saturday January 19, 2019 22:05

JOINTVENTURE Press Releases

FOMM invests one billion baht in local small EV car production Automotive—09 Oct 18

FOMM (Asia) Company Limited, a Thai-Japanese joint venture to produce full battery electric car in Thailand, has announced its one-billion-baht investment plan to produce small electric car in Thailand to serve domestic market and exports. According to

Corpus Christi Joint Venture Receives FTC approval General—24 Dec 18

Bangkok--24 Dec--Indorama Ventures

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced that its joint venture has received all regulatory clearance required from the United States Federal Trade Commission ("FTC") for the proposed joint asset purchase of M&G USA Corp. and its affiliated debtors.

On 21 March 2018, Indorama Ventures, Alpek, S.A.B. de C.V., and Far Eastern Investment (Holding) Ltd., entered into a joint venture agreement to acquire M&G's Corpus Christi plant through Corpus Christi Polymers LLC. The acquisition also includes certain M&G intellectual property, and a desalination/boiler plant.

The Corpus Christi plant will have nominal capacity of 1.1 million and 1.3 million metric tons per year of PET and PTA, respectively. The three JV parties will each receive one-third of the capacity of PTA and PET produced. Each of the partners will procure raw materials independently, while also independently selling and distributing their corresponding PTA and PET. The plant is the largest in North America with state of art technology and is a vertically integrated PTA-PET production facility.

Mr. Aloke Lohia, Group CEO of Indorama Ventures commented, "The FTC's regulatory clearance represents an important milestone and a giant step towards serving the growing market needs of

Photob Release: KBank supports Digital Butler for the development of comprehensive condo juristic Stcoks—24 Dec 18

Recently, at KBank Phahon Yothin Building, Mr. Patchara Samalapa (right), KBank President, and Mr. Peerapong Jaroon-Ek, Chief Executive Officer of Origin Property Public Company Limited, a leading property developer, signed a joint venture agreement to

TICON and ST Telemedia Global Data Centres finalise joint venture partnership with development of IT—18 Dec 18

TICON, which will be renamed Frasers Property (Thailand) Public Company Limited, the leading provider of smart industrial platform today announced that they have finalised the joint venture partnership with ST Telemedia Global Data Centres (STT GDC), a

Midea Aims to Become Top 3 Air-conditioner Brand in Thailand, Expecting to Grow Over 70% Next Events—18 Dec 18

Toshiba Thailand, as MIDEA Group joint venture branch company in Thailand, aims to build 'Midea brand' to become the top three brand in Thailand in the next 5 years to serve the recovering air-conditioner market and the rising demand of inverter

Betagro Group partners with Myanmar construction material and logistics giant Shwe Me Group to Events—23 Nov 18

Betagro Group, by Betagro Public Company Limited, announced it has signed a memorandum of understanding (MOU) with Myanmar contruction material and logistics leader Shwe Me Group to form a joint venture company named Betagro (Myanmar) Company

Seraphim Solar Secures 80 MW Supply Agreement in Vietnam Energy—13 Nov 18

Jiangsu Seraphim Solar System Co., Ltd. ("Seraphim") recently signed new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The Solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the

Alland Robert and Sayaji to Jointly Collaborate on Acacia Gum Production in General—25 Oct 18

S.D.P.A., the holding company which owns French leader in natural gums Alland & Robert, is partnering with Indian based company Sayaji Industries Limited to form a Joint Venture. The main goal of this collaboration is to manufacture locally and

JWD teams up with Spore partner to expand self-storage biz, launches 2nd self-storage facility at General—01 Oct 18

JWD and its Singapore partner have set up a joint-venture company to provide self-storage solutions using JWD Store It! brand and fully air-conditioned facilities to target urban and condominium dwellers who have limited storage space. Having recently

WICE establishes a joint-venture, EUROASIA TOTAL LOGISTICS, with its holding 40% of shares to Stcoks—20 Sep 18

WICE establishes a joint-venture, "EUROASIA TOTAL LOGISTICS", with its holding 40% of shares to provide cross-border transport services between China, Hong Kong, and South East Asia with the expectation to achieve the first year's revenue at 200 million

CAT in cooperation with ACASIA, to invite 7 ASEAN Countries to join the Tham Luang Cave Memorial General—20 Sep 18

CAT has joined hands with ACASIA, which is the ASEAN telecom joint venture to organize the "Tham Luang Cave Run", invites all interested Thais and ASEAN citizens from 7 countries to join in the run which will last for 7 days, through the Sofea Run

Infosys and Temasek Announce Joint Venture in Singapore Stcoks—07 Sep 18

Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced the formation of a joint venture with Temasek, the global investment company headquartered in Singapore. The joint venture will integrate teams

BGRIM entered into Power Purchase Agreement with Electricity of Vietnam Energy—07 Sep 18

The Thai-Vietnamese joint venture led by B.Grimm Power Plc (BGRIM) has concluded a 20-year contract to supply electricity from its 420 MW solar farm project in Vietnam to Electricity of Vietnam (EVN). The accord, signed in Hanoi on September 5, secured

Stout Expands Global Reach in Asia General—06 Sep 18

Stout announces the addition of three offices in Asia as part of a newly formed joint venture with Bluepeak Group Ltd. With offices in Shanghai, Singapore, and Hong Kong, Stout Bluepeak Asia Ltd. will provide cross-border transaction coverage for China,

MALEE Expands its Business to Tap into 154-Billion-Baht Personal Care Market, Launches Three Business—03 Sep 18

Malee Group will continue to drive company growth by expanding into a new line of business for the first time in 40 years as it enters the personal care market. Malee Kino Thailand, a joint venture between Malee and Kino, Indonesia's largest consumer

KBank invests 8-billion-Baht in KVision to expand Regional Business and serve customers in an era Stcoks—20 Aug 18

With the aim to support the inception of "Regional Life Platform of Choice" and expand regional business in AEC+3 markets, KASIKORNBANK (KBank) has invested 8 billion baht in a new company "KVision", which will engage in joint ventures with leading

True IDC and BBIX announces the establishment of a Joint Venture to enable Thailand in becoming A IT—15 Aug 18

True Internet Data Center Co., Ltd., a leading full-service data center and cloud service provider in Thailand, and BBIX, Inc., the fastest growing Internet Exchange Service Provider under SoftBank Corp. announced the establishment of a joint

Photo Release: PTTLNG SPCC Joint Venture signed EPCC Contract of Nong Fab LNG Receiving Terminal Energy—07 Aug 18

Mr. Wirat Uanarumit, Chief Operating Officer, Upstream Petroleum and Gas Business Group, PTT Public Company Limited (4th from right), presided over "The Signing Ceremony of EPCC Contract of Nong Fab LNG Receiving Terminal Project" between PTTLNG and SPCC

Photo Release: AP Thailand rakes in Bht 4,160 million of presales for latest luxury condo #Life Properties—06 Aug 18

Mr. Vittakarn Chandavimol, Chief Corporate Strategy and Creation, AP (Thailand) Public Co., Ltd., the market leader in rapid transit lined condominiums for urbanites, announced sales success for Life Ladprao Valley – the 13th joint venture project

The Launch of Centara#s Family Resort in Dubai Draws Closer Lifestyle—01 Aug 18

Nakheel and Centara Joint Venture with THB 2.63 Bn Construction Contract 601-room upscale beachfront resort and waterpark will open in 2020 Centara Hotels & Resorts, Thailand's leading hotel group, and Nakheel, UAE-based master developer today

The Launch of Centaras Family Resort in Dubai Draws Closer Lifestyle—31 Jul 18

The Launch of Centara's Family Resort in Dubai Draws Closer Nakheel and Centara Cement Joint Venture with THB 2.63 Bn Construction Contract 601-room upscale beachfront resort and waterpark will open in 2020 Centara Hotels & Resorts, Thailand's

GCP Hospitality, a member of Gaw Capital Partners, expands its footprint in Europe through a joint Lifestyle—25 Jul 18

Real estate private equity firm Gaw Capital Partners today announced that the firm, through its European Hospitality Fund I managed by GCP Hospitality, acquired a 50% stake in Spain's leading boutique hotel brand, Hospes Hotel Group, of which its total

Photo Release: B.Grimm-Xuan Cau JV awards solar power contract to PowerChina General—04 Jul 18

The Thai-Vietnamese joint venture of B.Grimm Power and Xuan Cau has awarded PowerChina International Group a contract to build the largest photovoltaic solar power facility in Southeast Asia. Posing at the contract signing ceremony for the US$420-million

Central JD Commerce Chooses WHA Corporation for E-Commerce Warehouse Aiming to Expand E-Commerce General—22 Jan 18

The joint venture between Central Group and JD.com, one of the biggest e-commerce companies from China, will lease a 6,848 sq. m. warehouse at WHA Mega Logistics Center WHA Corporation PCL (WHA Group), Thailand's leader in fully-integrated logistics and

Photo Release: THAI and Airbus Undertake Joint Venture MRO in U-Tapao Lifestyle—26 Jun 18

General Prayut Chan-o-cha (second from left), Prime Minister of Thailand, and Mr. Emmanuel Macron (third from left), President of France, witnessed the new joint venture agreement between Thai Airways International Public Company Limited (THAI) and

THAI and Airbus Sign Agreement for New Joint Venture MRO Lifestyle—25 Jun 18

Toulouse, General Prayut Chan-o-cha, Prime Minister of Thailand presided over the signing ceremony agreement between Thai Airways International Public Company Limited (THAI) and Airbus to establish a new joint venture maintenance and overhaul (MRO)

AAPICO Hitech partners with VINFAST to establish joint venture manufacturing Body in White in Automotive—19 Jun 18

AAPICO Hitech Plc, one of Thailand's leading auto parts manufacturers with a market cap of THB 12 billion (or approx. US$400 million) has announced a joint venture Memorandum of Understanding (MoU) with VINFAST Trading & Production LLC - a member of

National Deal. Shinwa Group Prebuilt - Pressance Join Forces in Joint Venture Development of REN Properties—11 Jun 18

The joint venture phenomenon of 3 Thai-Japanese giant firms occurs among "Shinwa Group"—a large developer owing the Runesu innovation; "Prebuilt"—a specialized contractor of many high-rise buildings in Thailand; and "Pressance Corp."—a

PASAYA to penetrate China via a newly-established joint venture Pasaya Sinopia, with collections General—05 Jun 18

"PASAYA" to penetrate China via a newly-established joint venture "Pasaya Sinopia", with collections designed to meet tastes and demands of Chinese market Thailand's leading home furnishing brand PASAYA has organized "PASAYA " (Silk Road on the Sea) in