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U.S. silicone-based products maker Dow Corning Corp will build a plant in Malaysia this year as part of a pledge made in 1998 to invest two billion ringgit ($526 million) in the country, newspapers said on Tuesday.

The acquisition of America’s Applied Power Corporation provides Schott with a ticket to a market with good long-term growth potential.The goals are ambitious.

BP is set to supply solar technology to eight of the 23 recently announced Department of Trade and Industry’s solar house roof projects.

The first phase of the project will center on 35 Agrarian Reform Communities (ARCs) in the Mindanao region of the Philippines.