Ire-Tex upbeat on electro-static discharge protective products sales

By David Tan in Penang

IRE-TEX Corp Bhd expects sales of its electro-static discharge (ESD) protective packaging products to increase to RM23mil this year from RM20mil achieved in 2003.  

Group managing director Dr Donald Yap told reporters during a break at a seminar on ESD materials that the group was confident of achieving the target because of the new range of ESD protective packaging products it had introduced into the market about three months ago.  

“The new range of ESD protective packaging products, called V-Shield, is made from a special grade of conductive materials that can provide about 95% protection against ESD for semiconductor components.  

“We have recently allocated RM5mil to start the manufacture of V-Shield in Penang,” he said, adding that the group's previous protective packaging products gave about 80% protection against ESD.  

Ire-Tex is the sole agent of V-Shield for the Asia-Pacific region. 

R.M.V Technology Group LLC president Robert Vermillion, a National Association of Radio Telecommunication Engineers (NARTE) certified electro-static discharge control engineer, is the inventor of the V-Shield ESD protective packaging materials.  

Yap said that for 2004, the global semiconductor industry was expected to spend about US$57mil on ESD protective packaging materials, an increase of about 15% from last year. 

Ire-Tex's polymer protective packaging products are expected to contribute 65% to the 2004 revenue, while the sale of ESD and tote protective packaging products is expected to generate the remainder. 

 IRETEX :  [Stock Watch]  [News]

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