KUALA LUMPUR: GIIB Holdings Bhd, a rubber compound and technical compound provider, will be moving downstream into glove manufacturing through its 51%-owned subsidiary GIIB Healthcare Products Sdn Bhd.
The group is targeting to install five double-formers gloves production lines with an estimated annual production capacity of 1.05 billion pieces of gloves.
The production lines are expected to commence operations from December 2021, it said in a statement.