Kossan on expansion trail

Kossan Rubber Industries Bhd will allocate about RM50mil in capital expenditure (capex) over the next three years as part of the group's aggressive expansion plan. 

Managing director Lim Kuang Sia said the capex was targeted at increasing the production capacity of Kossan's flagship products – powder-free gloves and surgical gloves – as well as fund new acquisitions and penetrate new export markets.