Rubber glove companies ensuring adequate supply


  • Corporate News
  • Wednesday, 18 Mar 2020

President Denis Low(pic) said that it is the industry’s duty to further step up productivity to cater to this enormous requirements for protective medical gloves during these times.

PETALING JAYA: The Malaysian Rubber Glove Manufacturers Association (MARGMA) said it will ensure adequate local and global supplies of rubber medical gloves during this crucial period of the Covid-19 outbreak pandemic.

Its president Denis Low(pic) said that it is the industry’s duty to further step up productivity to cater to this enormous requirements for protective medical gloves during these times.

“As Malaysia is the largest manufacturer of rubber medical gloves, we owe the greater humanity of the world a service and we shall re-strategize to ensure supply is adequate, at least to those severely affected areas, ” Low said in a press statement.

Commenting on the Movement Control Order from March 18 to 31, Low said that the intentions are good and timely to ensure better containment of the rampaging Covid-19 in Malaysia and curtailing people’s movement is a necessity.

“MARGMA is also agreeable that certain essential services and industry be allowed to operate as they are providing critical products and services.

“The rubber glove industry will need to continue to produce medical and surgical gloves which are critical items in the fight against Covid-19, ” he said.

He said that Malaysia alone supplies a majority or almost 65% of the global demand at the moment.

“We export to 190 countries globally. We have a duty and we must not let the world face any chronic shortages of this important healthcare product, ” Low said.

“In being able to rise up to the occasion and produce sufficient quantities, we are also

seeking the government’s understanding that the service providers and raw materials and

packaging suppliers to the rubber glove industry to be allowed to operate too, ” he added.

He said that without these raw materials, chemicals, and packaging materials, freight and logistics services, it would be impossible for gloves to be produced.

“Any halt of the production & administrative segments of our industry would mean an

absolute stoppage to glove manufacturing and it will be disastrous for the world, ” Low said.

He said that the producers must be allowed to continue to produce responsibly and adequately to protect all the healthcare personnel staffs ranging from surgeons, doctors to nurses, para-medicals, and volunteers too.

“Not to mention the usage by the community at large, to prevent community acquired infections.

We understand that already there are concerns and apprehension by the healthcare sectors around the world about this suggestion of a total lock-down in Malaysia and MARGMA hopes to allay their fear about this possibility, ” he said.

Rubber gloves stocks have fared better than the broader market in recent times but their performance was more mixed in yesterday’s trading.

Hartalega Holdings Bhd rose in yesterday’s trade by 13 sen to RM6.14 while the rest fell and this includes Kossan Rubber Industries Bhd that declined by 6 sen to RM4.89, Supermax Corp Bhd losing 2 sen to RM1.51 and Top Glove Corp Bhd dropping 4 sen to RM5.84.

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