From Rubber & Plastics News
Tokyo-Ansell Ltd. and Sumitomo Corp. will form a joint venture in the next month to import and market industrial gloves in Japan.
Red Bank, New Jersey-based Ansell will own 49 percent of the venture-to be called Ansell Sumisho Ltd-while Sumitomo will have a 43-percent stake. The remaining 8 percent will be owned by Shinwa Corp., a Japanese producer of non-woven fabric.
Ansell will manufacture the gloves at its plants in Asia and Sumitomo will head up import operations. The industrial gloves are used…