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September 2012

Lead Feature

Company News

Materials News

Machinery News

Injection Moulding

Rubber Journal Asia

E-Magazine for the Rubber Industry
Top Glove Top Glove expands its capacity

Malaysia's leading global supplier of gloves is expanding its capacity through creating a total of 22 glove factories across the country to achieve its goal of getting 30% of the global market share by 2015, Top Glove's Founder and Chairman, Tan Sri Lim Wee Chai told PRA in a recent interview.

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Electronic Issue

September-October 2012 Issue Still Available!

Auxiliary and automation equipment company Azo is enjoying a healthy growth of its Mixomat mixer in Asia

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Kingfa feeling the pinch with lower profit

China’s largest plastic compounder Kingfa Science & Technology reported 30% lower profit in the first half of the fiscal year, due to the slowdown in the markets it serves, which include the automotive, appliances and electronics sectors.

The company sold a total of 442,200 tonnes of products during the first half, registering 11.3% year-on-year growth. Excluding the trading business, it sold 321,300 tonnes of plastic compound materials, about 4% higher than the same period last year.

However, sales of its automotive materials rose 12%, against a backdrop of only a 3% increase in car sales in China.

Kingfa is also on track with its 200,000-tonne/year automotive material project in Guangzhou and the 150,000-tonne/year recycled plastics project, which have started generating revenue. The company plans to achieve 1.2 million tonnes of compounding capacity by 2015.