BATU KAWAN: Iconic Worldwide Bhd
aims to become a leading glove maker in the world following its investment of RM155 million for a new personal protective equipment (PPE) manufacturing plant here in Penang.
Its managing director Datuk Tan Kean Tet said the group's wholly-owned subsidiary, Iconic Medicare Sdn Bhd, intends to manufacture and trade latex and nitrile gloves for household, industrial and medical use, as well as two main types of disposable face masks.
"According to the Malaysian Rubber Glove Manufacturers Association, the world demand for gloves is estimated to be 330 billion pieces a year and after the completion of our new manufacturing facility, we are capable of producing 3.3 billion pieces of gloves, which is equivalent to one per cent of the global demand.
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