The hand gloves industry in Malaysia will see massive expansion to ramp up production. Esceramic will definitely benefit as formers (hand glove) will be in big demand. They are probably the biggest in the world. My TP is around 60 cents .
Demand for ceramic formers looking good. Here are the expansion plans for Kossan, Harta Supermax & Topglove
Planned Expansion - Hartalega The first 4 lines of Plant 6 (installed capacity of 4.7b pieces) have commenced commercial operations and the remaining 8 lines are expected to be gradually ramped up. Plant 7 is expected to be commissioned by early 2021, which will focus on small orders as well as specialty products with an installed capacity of 3.4b pieces. All in, Plant 5, 6 and 7 will add a total capacity of 12.1b pieces, raising installed capacity to 43.7b pieces per annum.
Planned Expansion - Kossan Kossan is embarking on an aggressive capacity expansion as opposed to their past historical conservative expansion stance. Recall, beyond plant 19, land clearing is underway in the Bidor plant, and the first plant is expected to start commercial operation sometime in 2021, earlier than the previously targeted 2022.
Planned expansion - Supermax Acquired two pieces of land over the past 12 months. Looking ahead, growth beyond FY21 is underpinned by capacity expansion via two land acquisitions. SUPERMX recently acquired a piece of industrial land for RM20m measuring 4.1 acres while back in July 2019 the group had acquired a piece of land measuring 16.1 acres for RM65m. Both lands are adjacent to its current Maxter Plant in Klang the merged and enlarged land tract and subsequent expanded facility within the vicinity of its Maxter Plant should yield operational synergies and greater economies of scale. The 16.1 acres land is earmarked for plant 13,14 and 15 with an estimated capacity of 4.4b pieces for each plant over the next few years. The 4.1 acres land is slated for one plant with an estimated capacity of 4.7b pieces per annum.Expansion plan. Despite the MCO in Malaysia, Top Glove does not expect any delay in the commissioning of the 1st Phase of its F40 Plant (+2.7bn pcs nitrile gloves pa), which was scheduled to start operations in 2QCY20.
Planned Expansion - Topglove Top Glove does not expect any delay in the commissioning of the 1st Phase of its F40 Plant (+2.7bn pcs nitrile gloves pa), which was scheduled to start operations in 2QCY20.
How Es ceramic will benefit by Topglove, Hartalega, Kossan, Supermax, Comfort glove, Rubberex, Riverstone (Spore) & all other Glove companies expansion in Malaysia, Singapore, Thailand & Indonesia & all countries (IT HAS PRODUCED AND SOLD 30 MILLIONS HIGH QUALITY HAND FORMERS TO DATE) ONE HAND FORMER RETAILS FOR AROUND RM50 to RM100 So lightweight Esceramic company has reached Billion Ringgit revenue and growing
Top Glove is Top in World Production. ES CERAMIC could also be said to TOP IN HAND FORMER OR CERAMIC HAND PRODUCTION IN THE WORLD
Some salient factors for ESCERAMIC
1) It produces the highly valuable Surgical & Examination Hand Former which command the highest prices
You cannot fool around with substand Hand Formers as Surgical & Examination Ceramic hands MUST BE of HIGHEST SAFETY
My son Dr David Tan graduated with MBBS after 6 years of Study in one of Australia's Top University
Why it has to take 6 years to get a Doctor Degree?
MBBS means
Bachelor of Science Bachelor of Medicine
Double degree in One. What so long. Because it INVOLVES LIVES! THE MOST SEROUS BUSINESS. HUMAN LIVES!
So is the Manufacture of SURGICAL GLOVES/ EXAMINATION GLOVES HAND FORMERS BY ES CERAMIC
My friend Dr. Lim Yew Cheng the Heart Surgeon of Gleneagle Hospital told me personally he use 2 Surgical gloves (not one) when he does heart surgery on the OT (Operating Theater)
Why he has to wear 2 layers of surgical gloves (instead of one)? Because he said after finishing operation once he discovered that there was a minor cut in his glove. So for added safety he wears 2 gloves.
SO IS THE BUSINESS OF ES CERAMIC THAT HELP IN THE MANUFACTURE OF HAND FORMERS WHICH HELP TO PRODUCE 300 BILLION GLOVES THAT MALAYSIA EXPORTS WORLD WIDE
2) Thru a new found surge of Glove demand from Whole World in Covid 19 lock down there is an urgent need for more Gloves
This will lead to more building of New Glove factories which in turn will increase the demand for Hand Formers or ceramic hands
3) Rubberex already planned to a new factory which will add another Billion nitrile examination gloves
4) SUPERMAX has bought more factory land in Serendah to expand Glove production
5) Since TopGlove goes into 24/7 production the wear and tear of glove hand formers will increase. Any defect or crack thru constant non stop use will need replacement
Since 1998, from its humble beginnings in Ipoh, Perak, ES Ceramics have grown to be known as one of the main quality producer of ceramic formers subscribed by the glove industry throughout Malaysia. In 2005, ES Ceramics was the first and only handformers manufacturer listed in the ACE Board of Bursa Malaysia Securities Bhd. and remains listed until today.
ES Ceramics started with producing formers for examination gloves. Today we have expanded our formers range to surgical, household, industrial, ballons and speciality formers - endorsed and supported by our French technology partner, COQUET, who are masters in household and industrial formers, with more than 50 years of designing experience; supported with a background of solid reputation for creative and practical design and quality control solutions.
ES Ceramics today have successfully grown to be a heavyweight former manufacturer in Malaysia and also operating in Southern Thailand with its own manufacturing plant.
Read again: "" with more than 50 years of designing experience""
Calvin -Felxidynamics is worth looking at as it is related to the glove industry. Currently it is out of the radar of the investing public. Thanks Bro .. god bless.
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Posted by tansoonyg > 2020-04-24 17:07 | Report Abuse
Thank you Calvin,
Next week ES_CERAMIC will follow LUXCHEM stage.
Can easily make 50 percent profit.