January 19 2010

Submitted by admin on Tue, 01/19/2010 - 02:56.
in

Malaysia: Natural gas shortage crimps Malaysian glove makers

Malaysian glove makers who supply about two-thirds of the global market may not be able to keep pace with strong demand due to a natural gas shortage in the Southeast Asian country, a top industry official said on Monday.

Malaysian Rubber Glove Manufacturers' Association (MARGMA) President Lee Kim Meow said the industry wanted the government to ensure adequate gas supplies to spur expansion of domestic firms.

Malaysia wants to speed moves to free up its economy to lure back investors but commitments to subsidise key industries over others have slowed the pace of reforms. It is expected to review electricity and gas prices this month.

 
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