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Tough times for new and smaller glove makers

Tough times for new and smaller glove makers

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TWO years ago, as medical glove prices skyrocketed to astronomical levels during the early months of the Covid-19 pandemic, a slew of companies in various industries announced their intent to venture into the business either via starting a new manufacturing plant, buying an existing glove maker, or adding a rubber glove trading unit.

The new entrants included Mah Sing Holdings Bhd, Johan Holdings Bhd, Singapore-listed Aspen (Group) Holdings Ltd, AT Systematization Bhd, Vizione Holdings Bhd, LKL International Bhd, Notion VTEC Bhd, Salcon Bhd and Luster Industries Bhd.

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