Guys just for info purpose...and to Calvin reseach...
Calvin Tan research recommend LUXCHEM, maybe calvin can also look at CCM:
CCM checmical also supply a wide range of products and chemical/polymer to glove manufacturers like LUXCHEM.... and they are increasing capacity.. now it trades at low PE.. and got dividend declared...
Will it be next candidate to go up like LUXCHEM? All the best..
Ref this posting:, in 2020 they increasing capacity for the glove manufacturer demand:
“With a plant situated in close proximity to Pasir Gudang within a duopoly chlor–alkali market, CCM stands to benefit from Rapid’s commissioning. Polymer coating demand is also expected to continue its growth.”
This, the research house said, is based on the long-term growth prospects of the rubber glove manufacturers, with planned capacity expansions of around 50 billion pieces from the existing 200 billion pieces by 2020.
World Class Partner Through our Polymers business, we offer high performance polymer coating solutions and rubber chemicals solutions that enhance the quality of gloves production. We have always been and always be innovating, and we do it to help our customers serve better. Our techno commercial team, work vehemently together with our R&D to create a sustainable portfolio of product offerings, capable of supporting the global rubber glove industry.
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Johnchew5
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Posted by Johnchew5 > 2020-04-24 10:39 |
Post removed.Why?