Daily Manager 360 – “Aurora Wisdom” joins foreign capital spending more than 3 billion baht to launch a rubber glove factory for export. The investment is divided into 3 phases, the first phase 8 production lines and the phase 2-3 within 3 years with a total investment of more than 15,000 million baht, totaling 80 production lines, mainly targeting the export group in America and Europe. The future aims to expand more investment Ready to prepare for further listing
Prof. Dr. Wiprawiprakasit, Chairman of the Executive Board of Aurora Wisdom Co., Ltd., revealed that the company has partnered with foreign investors from China and Malaysia with a proportion of investors in Thailand 51% and foreigners 49%. In the opening of a rubber glove factory for export with two types of rubber glove products, 2 different brands according to use. And the main raw material type is brand Aurora (AURORA ©), a product of commonly used rubber gloves. And Doctor VIP brand (DOCTOR VIP ©) is a product Medical gloves Which are standard nitrile gloves used in hospitals and healthcare facilities
This investment In the early stages, the company will invest at 8 budget production lines including the cost of land. And construction costs 3,000 million baht with a total area of 111 rai, divided into a factory that produces nitrile rubber gloves. And 70% of the supporting area is 20% of the biomass power plant and the water storage area is 16 rai, accounting for 10% of the total area. And will gradually expand the production line to complete 80 production lines with a total investment of not less than 15,000 million baht, which in the first phase has a production capacity in Thailand. And production capacity from factories in China That can support demand at 3 million boxes per month And will gradually grow to a maximum of 80 million boxes per month Within 3 years
“Currently, most of the medical glove factories in Thailand produce latex gloves. Which if users wear gloves for a long time There may be a 1-5% chance of allergic reactions to proteins in latex and the allergic rate can be as high as 10-15% in personnel who have to wear rubber gloves for a long time, such as medical personnel. Still, American and European countries have a higher demand for nitrile gloves. After taking into account the limitations and production details Saw an opportunity for Thai entrepreneurs to produce rubber gloves Both for medical use And for general use with quality And meet international standards Therefore developed products of both brands By using modern technology that can produce 1 million rubber gloves within 24 hours per production line, which will increase efficiency and support the needs as well. “
The company plans to enter the stock exchange to raise funds to set a future goal of producing medical gloves that meet the needs of users, such as medical gloves for specialists such as orthopedic surgeons, obstetric gloves, and established endoscopic surgical gloves. The production line of sterile medical gloves will also continue. Currently, the company has a branch in Tianjin, China, Aurora Wisdom China, and has branches in Europe. In copenhagen Denmark is Aurora Wisdom Denmark, currently in the process of considering establishing a representative in Hong Kong, Cambodia and Laos, respectively, and is considering bringing products to market through other Marketing Platforms.
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