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18.01.2015 - Biomax Adding New Production Lines to Keep Up With Increased Demand

Kuala Lumpur/Bermuda, 18 January 2015: Biomax Rubber Industries Ltd. (FSE: BIOMAX RUBB.INDUST.EO-001; BSX: BIOX.BH) will add two new production lines and is acquiring new space to increase its production capacity to meet increased demand for its medical examination gloves. Biomax' President, Mr. Chong Wee Chong, said, "We have a three-month backlog of orders and are working hard to make two new production lines operational in the near future to fulfill future orders promptly."

Biomax is also in the process of finalizing arrangements to produce its gloves through other manufacturers until the new production lines are operational, beginning as soon as suitable quality control measures are in place.

Biomax is also adding space to its manufacturing headquarters to establish a new quality control facility and warehouse facilities.

Mr. Chong said, "We have targeted a new location located at Mukim Kuala Selangor, Negeri Selangor, Malaysia, that is approximately 1.2141 Hectares (24.72 acres), and has a strategic location with easy access to fuel supply. We are conducting a preliminary study on the likelihood that local authorities will give approval of necessary manufacturing permits."

Biomax is in negotiations with a component manufacturer to form a joint venture for manufacturing Biomax' gloves that will further permit Biomax to realize additional manufacturing capacity.

For further information, please contact Jack Chew at +603 6211 4651 or jack.chew@biomaxcorporation.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer or sale of these securities will be made only by means of a prospectus, including a prospectus supplement, forming a part of the related registration statement

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  • Healthcare Solutions Biomax medical gloves are highly elastic, strong, comfortable and durable.
  • Nitrile Examination Gloves Nitrile Exam Gloves - Powder Free
  • Quality Assured Our medical gloves combine exceptional levels of comfort and optimal protection, integrating innovative technologies and coatings.
  • Latex Examination Gloves Latex Examination Gloves High quality gloves available in multiple sizes.