Amid surging butadiene (BD) and acrylonitrile (ACN) prices, some rubber glove manufacturers in Malaysia are struggling to survive, with at least one manufacturer set to shut down its operations this month.
- Raw material prices spike on curtailed supply amid Strait of Hormuz closure
- Malaysia gets 64% of NBR latex annual requirement via imports
- Smaller firms struggle with elevated prices
Both BD and ACN are key raw materials in the production of nitrile butadiene rubber (NBR) latex, which are used to make latex gloves.
Source : Icis.com