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TOP Glove Corp Bhd plans to rapidly ramp up capacity at its relatively new synthetic rubber glove manufacturing division in China to replicate the group's achievement in the natural rubber glove sector. 'We have just bought 30 acres in China for the expansion,' executive chairman Datuk Dr Lim Wee Chai told I>StarBiz/Iat a meeting in his office in Klang.
As the haze thickened in Port Klang, which has been declared a haze emergency area, factories in the industrial belt of Klang are expected to remain in production as it has not come under an emergency yet.
EVERGREEN Fibreboard Bhd is controlled by the Kuo family who were originally from Taiwan but who have since become Singaporeans.
WHILE most rubber industry players are struggling to survive the impact of rising costs, given escalating prices of basic raw materials like SMR 20 and bulk latex, several listed rubber product companies contacted by I>StarBiz/Ihave expressed optimism they would maintain their net profit margins going forward.
The economy in Malaysia may slow slightly in the second half of the year, but there are sectors that will continue to do well, or even excite. This is the view of fund managers at the roundtable discussion on theeconomy and stock market hosted by StarBiz.