Report: Sri Trang to increase gloves production by 74%

Bangkok – Thai natural rubber (NR) producer Sri Trang Agro-Industry pcl is aiming to increase its rubber glove output by 74% in the next two years, according to Bloomberg.

In a 16 Jan interview with Bloomberg, vice president Vitchaphol Sincharoenkul said his company aimed to produce 30 billion gloves per year to add value and increase profit margins.

“We can’t rely too much on exporting raw materials to tire makers anymore. Making more gloves would be a perfect hedge for the future,” he added.

Sri Trang and Austrian…

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