Nitrile gloves have become extremely difficult to find – and expensive. Amid accusations of profiteering, everyone from Malaysian rubber magnates to Polish upstarts are cashing in.
Johnson & Johnson CEO says he thinks people will need an annual Covid-19 vaccine for many years to come The Chief Executive Officer of Johnson & Johnson said Tuesday that people may need an annual Covid-19 shot for many years to come in order to be protected against variants of the virus.
“Unfortunately, as (the virus) spreads it can also mutate,” Alex Gorsky told CNBC’s Meg Tirrell Tuesday during the network’s Healthy Returns Spotlight event. “Every time it mutates, it’s almost like another click of the dial so to speak where we can see another variant, another mutation that can have an impact on its ability to fend of antibodies or to have a different kind of response not only to a therapeutic but also to a vaccine.”
Truly appreciate if the 4 big glove companies and the other glove manufactures could announce officially their revenue reports for just the month of January 2021 which is since the release of vaccines and adaptation of new norms. Let us all know once and for all whether vaccines and new norms generate demands for glove. In most countries now from the picture on the web, gloves are being used for every vaccination, manufacturing, distribution chain, etc, etc. Is this the catalyst for demand on gloves?. Since vaccination will continue for years to come, will this mean continuous glove demand? With the emergence of virus variants, will this increase the glove demand?
Datuk Dr Rohaizat Yon called on the public to only trust the official message or information from the government or the review literature from reliable journals on the subject.He said the public also can refer to the National Covid-19 Immunisation Programme Handbook, which contains information on the types of Covid-19 vaccine used by the government, the facilities provided to store the vaccines, religious views on the vaccination and immunisation guidelines, among others.The handbook was launched by Prime Minister Tan Sri Muhyiddin Yassin earlier today.
The demand for gloves has changed from testing to now vaccination. The USA, Europe and many countries all around the World are using gloves for vaccination - per glove per person. This is mainly to protect the health worker and the patient from variant virus infection, the current virus itself, HIV, etc, etc. The USA has just started and the World has a long way to go. This is just in the medical sector, how about all the other sectors. So demand for glove is huge and will continue to rise. Locally in Malaysia when the vaccination starts, this too will ramp up demand for gloves.
World meter - New cases rising - from 2 days ago and yesterday - US new cases from 52,000+ to 63,000+. - World new cases from 264,000+ to 342,000+ - New deaths from 6,700+ to 9,700+
The above is because countries are beginning to relax in the movement restrictions. So the numbers increase despite vaccination efforts. So besides vaccine, social distancing is still required, PPE still required, Gloves still required and in demand.
Careplus Group Bhd has entered into a conditional share acquisition agreement with Shin Heung Precision Co Ltd to acquire the latter's subsidiary Shin Heung Electronics Malaysia Sdn Bhd, which owns a piece of land at Oakland Industrial Park in Seremban, Negeri Sembilan.
The company said it intends to acquire the dormant company for a total cash consideration of RM9.31 million, given it is the registered owner of a parcel of 2.03-acre freehold industrial land.
"The proposed acquisition is undertaken in line with the group's future and immediate expansion plans to increase its existing manufacturing capacity by commissioning new production lines for gloves.
"The property will be earmarked for warehouse and packing facilities," Careplus said.
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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....
Noobee88
408 posts
Posted by Noobee88 > 2021-02-10 16:37 | Report Abuse
I agree!