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Coronavirus demand drives shortage for world's largest glove maker
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KUALA LUMPUR (Reuters) – Malaysia's Top Glove Corporation Bhd, which makes one in every five gloves globally, expects a product shortage as demand from Europe and the United States spikes because of the widening coronavirus outbreak is exceeding its capacity.
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The company has extended shipping times to cope with the demand surge, Executive Chairman Lim Wee Chai told Reuters by phone on Friday.
Lim said orders received in the past few weeks, mainly from Europe and the United States, were almost double the company's production capacity. Top Glove can produce 200 million natural and synthetic rubber gloves a day.
There are now more than 600,000 coronavirus cases across 202 countries and territories globally, with the United States overtaking China as the country with the most infections. Europe continues to report the most deaths.
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