- Started out as a trader of latex gloves in 1987
- Ventured into manufacturing with the first factory in 1989 and has since increased total to 9 factories
Business model
- Own brand: Supermax, Aurelia, Maxter
- 2 income steams: Manufacturing and Distribution
Installed capacity
- Currently 2nd largest manufacturers in the world with installed capacity of 17.6 billion pieces (as at year-2012)
Product mix
- Supermax has flexible production lines capable of switching between natural rubber gloves and nitrile rubber gloves to meet any variation in global demand
Cost breakdown
Customers
- Supermax exports to 750 customers in over 146 countries
- Market segment
- US dental market share
Latex glove vendor
Nitrile glove vendor
Distribution
Growth
- Targeting more market share
- Since 2011, Supermax has been working with 2 teams of scientists in overseas comprising laboratory scientists and Dermatologists to develop new products
- New patented glove products would be launched to the World market starting 3Q 2012. Expect extra earnings starting 2H 2012 from these new patented glove products for both manufacturing and distribution divisions
- Poised to capture higher market share of Nitrile glove through OBM and existing distribution network
- Aim to capture higher market share of Nitrile gloves in US dental market thorough Supermax USA within 2 to 3 years
- Expansion (organic growth)
Lot 42
- Supermax will produce 336 million pairs of surgical gloves in 2012 from 30 million pairs currently
- Additional capacity for surgical gloves will come from new lines to be commissioned in March 2012 in stages
- Additional sales would be around USD67.2 million and with 15% profit margin would yield a net profit of USD10.1 million when it is fully commissioned
Increase capacity of nitrile gloves from 35% currently to 52% by year 2013
Lot 6070
- 1.43 billion gloves from the replacement of old lines with 12 new inter-switchable Nitrile/NR latex lines
- Commissioning in batches starting 3Q 2012
- Will contribute sales turnover of USD40.3 million per annum when fully commissioned
Lot 6059
- Additional output of 2.64 billion Nitrile gloves would be available and which would generate sales turnover of USD75.9 million per annum when fully commissioned in FY2012/203
Lot 6058
- Additional output of 1.22 billion of Nitrile gloves would be available and which would generate sales turnover of USD34.15 million per annum when fully commissioned in FY2013
Expansion plan (2011-2013) Glove City
Capital expenditure
Shareholding structure
