Can you tell us how much gloves is China consuming now in comparison with US and also Europe. Such facility are actually to cater to China growing demands when China become more developed and increase hygiene awareness
Unlike Glove China cannot make Oil Palms to grow fast
As Oil Palm growth not controlled by man but by nature
See this
about four years It takes about four years for oil palms to produce fruits suitable for harvest. Each tree will then continue to produce fruit for up to 30 years, at which point they will have grown to around 40 feet tall.14 May 2017
How oil palm is grown - Golden Agri-Resourceshttps://www.goldenagri.com.sg › oil-palm-grown
Sri Trang Thai glove (Thailand has overtaken both Malaysia & Indonesia as world top rubber producer
is expanding to 100 Billion gloves
To meet the growing demand, she said the company plans to increase STGT's production capacity by more than 186 per cent over the next five years, scaling up its glove production from about 35 billion pieces per year presently to more than 100 billion pieces a year by 2026.30 Aug 2021
Sri Trang Gloves sets up S'pore office to increase focus on ...
China ada tanam kelapa sawit besar-besaran di Pulau Hainan. Pergi search di YouTube. Saya dah lupa link nya. You fikir China tak buat sesuatu untuk control kelapa sawit ???
November 19, 2008 5:18 pm by Song Jung-a and Christian Oliver in Seoul, and Tom Burgis in Johannesburg Daewoo Logistics of South Korea said it expected to pay nothing to farm maize and palm oil in an area of Madagascar half the size of Belgium, increasing concerns about the largest farmland investment of this kind.
The Indian Ocean island will simply gain employment opportunities from Daewoo’s 99-year lease of 1.3m hectares, officials at the company said. They emphasised that the aim of the investment was to boost Seoul’s food security.
“We want to plant corn there to ensure our food security. Food can be a weapon in this world,” said Hong Jong-wan, a manager at Daewoo. “We can either export the harvests to other countries or ship them back to Korea in case of a food crisis.”
Daewoo said it had agreed with Madagascar’s government that it could cultivate 1.3m hectares of farmland for free when it signed a memorandum of understanding in May. When the company signed the contract in July, it agreed to discuss costs with Madagascar. But Daewoo now believes it will have to pay nothing.
“It is totally undeveloped land which has been left untouched. And we will provide jobs for them by farming it, which is good for Madagascar,” said Mr Hong. The 1.3m hectares of leased land is almost half the African country’s current arable land of 2.5m hectares. ...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,673 posts
Posted by calvintaneng > 2021-12-26 23:49 | Report Abuse
Building a 4 Storey Factory building alone in 7 months is just too fast
But building 4 storey factories plus installing full glove production lines and start producing Gloves is like lightning speed
In Malaysia if you have Ready Made Factory it will take at least 6 months to set up Glove Production lines
If China follows Malaysia dateline of 6 months in setting up new glove production lines that means
it has only One month to build 4 Story Factories.
To build that fast means China is really serious to capture the Glove Market
So there is No moat. Very little barrier to competition in gloves.