# VIP Gloves plans new factory in Kuala Lumpur to boost glove production

VIP Gloves Ltd plans to construct a new production facility in Beranang Industrial Park, Kuala Lumpur, Malaysia, with up to ten double-former lines and an annual capacity of 2.5 billion gloves. The cost is estimated at $25-30 million.

- Type: New facility
- Announced: 2020-11-05
- Where: Beranang Industrial Park, Kuala Lumpur, Malaysia, Malaysia
- Value: $27.5M
- Status: announced
- Capacity: 2.5 billion gloves per year
- Products: nitrile gloves
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [VIP Gloves Ltd](https://endata.com/companies/51029.md)
- [KLE Products Sdn Bhd](https://endata.com/companies/51030.md)

## Sources

- [proactiveinvestors.co.uk](https://www.proactiveinvestors.co.uk/companies/news/933288/vip-gloves-will-build-a-new-factory-to-increase-glove-production-933288.html), 2020-11-05: "We are very excited to begin the next phase of the company’s journey."

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