You are here

TOPLINE

Riverstone sees demand surge for healthcare gloves amid virus outbreak

Aside from boosting production capacity, it has been reducing its reliance on labour in the last few years by adopting automation.

BT_20200330_NSRIVER30_4073720.jpg
Mr Wong says during the 2008 global financial crisis, Riverstone had to build up its resilience, so it decided to balance its cyclically sensitive but higher margin cleanroom segment with the more defensive but lower margin healthcare glove segment.

GLOVEMAKER Riverstone Holdings has seen a surge in orders as the Covid-19 outbreak creates increased demand for healthcare gloves.

The Malaysia-headquartered company is now producing as many as it can in a race to meet global shortages.

"We are seeing such a large surge in demand...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes