Table 2 – Top Global Manufacturers and Producers of Nitrile Gloves based on Industry Research’s 2019 Global Market research report Note – Annual revenue values derived from company websites and annual financial reports. Company Name Location Estimated Annual Revenue
AMMEX Kent, Washington, USA Privately held
Ansell Richmond, Australia $1.499 billion
Aurelia Gloves Aurora, IL, USA Privately held
Barber Healthcare Leyburn, United Kingdom Privately held
Comfort Rubber Gloves Industries Perak, Malaysia $109.8 million
Dynarex Orangeburg, NY, USA Privately held
Hartalega Holdings Kuala Lumpur, Malaysia $655 million
Illinois Glove Northbrook, IL, USA Privately held
Kimberly-Clark Irving, TX $18.45 billion
Kossan Rubber Selangor, Malaysia $492 million
Medicom Montreal, Canada Privately held
Renco Corporation Manchester, MA Privately held
Riverstone Selangor, Malaysia $211.8 million
Rubberex Perak, Malaysia $47.6 million
Semperit Vienna, Austria $925 million
Sempermed North Clearwater, FL, USA $925 million
Synthomer Essex, United Kingdom $1.81 billion
Tan Sin Lian Johor, Malaysia Privately held
Top Glove Shah Alam, Malaysia $1.1 billion
United Glove Newton, NC, USA Privately held
VWR Radnor, PA, USA $1.52 billion
YTY Group Kuala Lumpur, Malaysia $10.8 billion - include mother company group revenue.
As of mid 2021 ASP has doubled. Just like medical gloves and luxchem does not need to produce extra nitrile glove chemical to increase profit. It can just keep raising prices to increase profits exponentially
This is the reason why even with less revenue the profit of Luxchem has increased
No wonder that its cash hoard has gone up to Rm130 millions It is possible that Luxchem follows es ceramic by giving out free bonus and warrant later
ii) Transform Master Sdn Bhd (TMSB) in the latex industry: The production is operating at nearly full utilisation rate with capacity remaining at 13,800 tonnes per annum
Calvin wants to sell high , Mikecyc wants to buy low , in the end the price go side way , in conclusion if both of them tweeting the same stock , don buy
Luxchem is a very good counter for long term investment. It's safe, sure growing compared with many companies, even better than some glove companies as a whole.
Look at market capitalization of LKL 433mil, HLT 862mil while Luxchem 756mil, At current Luxchem price of 0.905, Luxchem has much more room to fly compared others.
Sinopharm Vaccine (linked to Kanger) is on track for full approval in November or December
“The most promising of these, developed by Wuhan-based Sinopharm, is already being given to frontline workers in the United Arab Emirates. According to Wu Guizhen, chief biosafety expert at the Chinese Center for Disease Control and Prevention, Sinopharm’s candidate is on track for full approval this month or next.”
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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....
Mikecyc
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Table 2 – Top Global Manufacturers and Producers of Nitrile Gloves based on Industry Research’s 2019 Global Market research report
Note – Annual revenue values derived from company websites and annual financial reports.
Company Name Location Estimated Annual Revenue
AMMEX Kent, Washington, USA Privately held
Ansell Richmond, Australia $1.499 billion
Aurelia Gloves Aurora, IL, USA Privately held
Barber Healthcare Leyburn, United Kingdom Privately held
Comfort Rubber Gloves Industries Perak, Malaysia $109.8 million
Dynarex Orangeburg, NY, USA Privately held
Hartalega Holdings Kuala Lumpur, Malaysia $655 million
Illinois Glove Northbrook, IL, USA Privately held
Kimberly-Clark Irving, TX $18.45 billion
Kossan Rubber Selangor, Malaysia $492 million
Medicom Montreal, Canada Privately held
Renco Corporation Manchester, MA Privately held
Riverstone Selangor, Malaysia $211.8 million
Rubberex Perak, Malaysia $47.6 million
Semperit Vienna, Austria $925 million
Sempermed North Clearwater, FL, USA $925 million
Synthomer Essex, United Kingdom $1.81 billion
Tan Sin Lian Johor, Malaysia Privately held
Top Glove Shah Alam, Malaysia $1.1 billion
United Glove Newton, NC, USA Privately held
VWR Radnor, PA, USA $1.52 billion
YTY Group Kuala Lumpur, Malaysia $10.8 billion - include mother company group revenue.
Shandong Yuyuan Shandong, China Privately held
Zhangjiagang Dayu Jiangsu, China Privately held