PETALING JAYA: Iconic Worldwide Bhd
aims to become a leading glove and face mask manufacturer with the opening of its RM200mil manufacturing facility in Batu Kawan, Penang.
Executive director James Tan Cho Chia said the company had already locked in mass orders for gloves and face masks, predominantly from the United States, Europe, Africa, and Asia, and the new facility puts it on the right track to become a major player in the global market within five years.
“With total capital investment of RM200mil, this factory is expected to have a minimum production capacity of 3.3 billion pieces of nitrile examination gloves and 220 million pieces of medical grade face masks per annum,” he said in his speech at the official opening of the factory by Penang Chief Minister Chow Kon Yeow.
Tan said the group would continue to expand its capacity as it aimed to capture more market share from the global demand for personal protective equipment, targeting export markets such as the US, Europe, Africa, and the Middle East.
“Six double former glove dipping lines have started running at the factory, and by March 2022, a total of 12 double former glove dipping lines and 20 medical face mask production lines will be installed and commissioned.
“This would boost the group’s revenue and profit in the coming years,” he added.
The factory, sited on a 2.2ha plot of land, is 80% automated. — Bernama
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