PBEC Member Top Glove Corp – Capacity reached 90 billion pieces

Top Glove Corp Bhd announced its annual rubber glove production capacity had reached 90 billion pieces as at October 2020 as the Covid-19 pandemic led to robust demand for its products to curb the spread of the outbreak. Top Glove said in its latest update on its website that its current glove production capacity involves 750 equivalent single former lines across 36 glove factories. Executive Chairman Tan Sri Lim shared with PBEC that a RM10 billion capex allocation for FY21 to FY25 will be invested in several key areas, including new capacities, enhancement of existing manufacturing facilities, Industry 4.0 initiatives, a gamma sterilisation plant, land bank for future expansion, IT (information technology) upgrades and workers’ facilities.

https://www.theedgemarkets.com/article/top-gloves-annual-output-capacity-reaches-90-billion-pieces

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