Top Glove Launches JV for High-Density Polyethylene Gloves

MT Newswires

2024/11/26

Top Glove (SGX:BVA) unit Top Quality Glove has partnered with Tronex (Asia) and Polywel International to produce and distribute high-density polyethylene (HDPE) gloves, according to a Friday filing on the Singapore Exchange.

The joint venture firm, dubbed TG Meditech, will be 60% owned by Top Quality Glove, with operations expected to start by December. The 2.4 million ringgit project aligns with Top Glove's expansion plans, aiming to boost future profitability.

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