The world’s largest producer of synthetic gloves Hartalega Holdings Bhd’s investment in a new manufacturing complex will quadruple the group’s total installed capacity to over 42 billion pieces of gloves/year.
The Malaysian company that is the largest manufacturer of premium quality nitrile gloves said the next generation integrated glove manufacturing complex would be completed in phases over an eight year period.
The new manufacturing complex is expected to involve Hartalega’s capital expenditure in the region of RM1.5 billion to RM1.9 billion, said Managing Director Kuan Mun Leong in a statement.
“The complex, coupled with improvements in manufacturing efficiency and production capacity, will drive Hartalega’s long-term growth strategy. In the coming years, we are confident we will continue to deliver and strengthen our pole position as a leader in the glove manufacturing industry,” said Kuan.