PRG Holdings Bhd’s 63 % owned subsidiary Furniweb Holdings Ltd, which is listed on the Hong Kong Stock Exchange, has proposed to acquire Meinaide Holdings Group Ltd for HKD 140 million (MYR 72.88 million) to be fully satisfied via the issuance of shares. Furniweb believes that the acquisition provides an excellent opportunity for it to expand its business portfolio to include production and sale of polyvinyl chloride (PVC) foam boards, polystyrene foam boards, PVC construction templates and other plastic products, which have high growth potential.

Mitsubishi Shipbuilding Co. Ltd., a group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held a christening ceremony on 12 March 2019 for a liquefied petroleum gas (LPG) carrier currently under construction for JX Ocean Co., Ltd. The new ship, named FUTURE ACE, will be the twelfth of Mitsubishi Shipbuilding's latest third-generation, 83,000 m3 class LPG carriers.

Armacell announced that it has hosted a ribbon cutting ceremony for its new manufacturing facility in the Kingdom of Bahrain. The company is a specialist in flexible foam for the equipment insulation market and a provider of engineered foams. Bahraini government representatives and Armacell executives attended the ceremonial opening in the Bahrain International Investment Park (BIIP).

Goodyear Engineer Associate Ali Ogburn has been named a 2019 STEP Ahead Honoree by The Manufacturing Institute (MI). The STEP (Science, Technology, Engineering and Production) Ahead Awards recognise women in manufacturing who have demonstrated leadership skills and excellence in their careers and communities. The Manufacturing Institute will present the 2019 STEP Ahead Awards on 11 April 2019 at a ceremony in Washington, DC, USA.