The production lines are expected to stat in December 2021
KUALA LUMPUR: GIIB Holdings Bhd
, a rubber compound and technical compound provider, will be moving downstream into glove manufacturing through its 51%-owned subsidiary GIIB Healthcare Products Sdn Bhd.
The group is targeting to install five double-formers gloves production lines with an estimated annual production capacity of 1.05 billion pieces of gloves.
The production lines are expected to start in December 2021, it said in a statement.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
