"The industry is relatively conservative. Although there have been some excellent improvements in productivity, I would say that a global lack of qualified labor has driven the shift from mechanical to automated drills."
"At the beginning of 2022, the year looked quite promising for STM, but it took a while for that progress to materialize. However, in the last part of the year, we experienced an explosion in projects."
"We produce approximately 7% of the global vanadium supply, and on the titanium side, we are expected to produce about two thirds of the Brazilian demand for titanium pigment once the project reaches full capacity."
Malaysia, Thailand, Indonesia, Vietnam, and The Philippines are all competing for foreign direct investment (FDI) in the chemicals sector. The region would become more competitive to international investors if it learned to act more as one – for instance, by developing upstream-to-downstream regional value chains and by focusing on complementary differentiating points, rather than competing ones. Investments in any ASEAN nation can benefit the entire region if these are guided to an equal extent by consid- erations of differentiation and integration. This would lead to the development of a complete and self-sustaining regional ecosystem.