Ansell invests in Yulex and Lakeland

Ansell invests in Yulex and LakelandUS-based glove, condom and protection solutions provider Ansell has been on a buying spree having purchased a minority share in Yulex, a manufacturer of biopolymers derived from guayule, and a 9.66% stake in Lakeland Industries, which manufactures safety garments and accessories for the industrial protective clothing market.
Ansell and Yulex executed an exclusive agreement for the global development, manufacturing and distribution rights for medical gloves, personal protective equipment gloves, and condoms made of guayule latex.
Guayule (Parthenium argentatum) is a commercial crop (a small evergreen shrub) and the only rubber-producing species other than the Brazilian rubber tree (Hevea brasiliensis) that has been used for latex production on a commercial scale. Extensive scientific research suggests that guayule latex does not produce allergic reactions with natural rubber latex sensitive individuals. (PRA)