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TOP Glove Corp Bhd, the world's biggest supplier of rubber gloves, expects sales to rise 43% this year as it boosts capacity by more than a third to meet demand, chief executive officer Datuk Lim Wee Chai said in a recent interview.
Integrated Rubber Corp Bhd (IRCB) plans to diversify into the production of nitrile gloves at its new plant in Taiping, Perak, in November.
GLOVE manufacturer Hartalega Holdings Bhd is maintaining its profit forecast in spite of a surge in raw material prices in the last couple of months, as it is able to pass on the costs without any delay.
PETALING JAYA: Commodity prices surged yesterday, with crude palm oil (CPO) price on Bursa Derivatives up by almost 5% in a day, as rising speculative momentum pushed prices of basic raw materials from crude oil to copper to new multiple-months' highs.
KLANG-BASED Kossan Rubber Industries Bhd is gearing up for full production, including from its new glove lines; it is confident it has found buyers for the increased output.
PETALING JAYA: The worlds largest glovemaker, Top Glove Corp Bhd, will spend about RM40mil this year to upgrade its production lines as part of a strategy to mitigate the effects arising from the minimum wage to be implemented in the beginning of next year.
Although tyres still look pretty much the same - black and round - as when John Dunlop invented the pneumatic tyre in 1888, much has changed, and continues to change.
Conditions are ripe in the plantations industry for surprisingly strong earnings in the first quarter as high palm oil prices are enhanced by a large increase in the output of palm oil fruits.
Rubber discards can be reclaimed and turned into new goods but such efforts are hindered by poor collection of the waste, writes TAN CHENG LI.
Secured domestic latex supply, new growth areas key for the future.