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Rubber demand globally on a downward trend in 2020

According to the Malaysia-headquartered Association of Natural Rubber Producing Countries (ANRPC)’s March report, the world consumption of natural rubber (NR) fell 19.6%, year-on-year, during the first quarter of 2020, as per the preliminary estimates and forecasts of individual countries. The…

Hartalega buys more land in Malaysia for factory expansion

Malaysian glove manufacturer Hartalega Holdings’ (Hartalega) business unit based in Sepang, Hartalega NGC, will purchase 38.49 hectares of land in Selangor, Malaysia, for RM263.1 million – from property investor Bonus Essential – to meet the increasing global demand for gloves…

Top Glove doubles sales orders; expects solid H2

Not all companies are suffering as a result of the downturn caused by the spread of Covid-19, not least companies involved in the medical/healthcare sector. The world’s largest producer of gloves, Malaysian company Top Glove, says its sales have doubled…