# Sri Trang plans IPO for rubber glove subsidiary to expand capacity

Sri Trang is planning an initial public offering of its rubber glove subsidiary, Sri Trang Gloves Thailand, to fund an 18.5% increase in annual production capacity, driven by COVID-19 demand.

- Type: Investment
- Announced: 2020-04-28
- Where: Thailand
- Status: announced
- Capacity: 18.5% increase in annual production capacity
- Products: rubber gloves
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sri Trang Gloves Thailand](https://endata.com/companies/46848.md)
- [Sri Trang](https://endata.com/companies/46849.md) (investor)

## Sources

- [panjiva.com](https://panjiva.com/research/covid-19-demand-leads-sri-trang-to-plan-capacity-stretching-rubber-glove-ipo/33898), 2020-04-28: "The firm plans to spend the funds raised on adding 18.5% to its annual production capacity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.