AT (0072) AT SYSTEMATIZATION BHD expands its product reach to the US market

AT (0072) AT SYSTEMATIZATION BHD expands its product reach to the US market

KUALA LUMPUR: AT Systematization Bhd's subsidiary, AT Glove Engineering Sdn Bhd, has been allowed to proceed with marketing activities of its nitrile gloves in the United States (US) after meeting the US Food and Drug Administration's (FDA) procedural requirements.

The company recently received a notification letter dated December 16, 2021, from the FDA concerning the 510(k) premarket notification clearance, which provides the potential to ship and market the nitrile examination gloves into the US.  

Managing Director Choong Lee Aun said the FDA 510(k) Medical Product License clearance would allow the company to expand its product reach to a broader market into the highly lucrative US market.

"It is part of our efforts to expand the company's geographical reach. These moves to expand to the US markets will also support the take-up of additional production capacity coming onstream," he said in a statement today.

Cheong said the company would add four lines to be commissioned soon at its factory located at Chemor, Perak, which will boost its production capacity to 2.0 billion per year.

AT Systematization had entered into the production of medical-grade nitrile examination gloves in 2020.

The company is currently running six production lines with an annual capacity of 1.2 billion at the factory located at Chemor, Perak.

AT Systematization is also aggressively ramping up capacity expansion for the glove division to capture more business.

The company had recently acquired several industrial plots in Kamunting, Perak, to cater for more than 50 production lines that will boost its annual production capacity.

Choong said demand for gloves is expected to rise due to better healthcare awareness, especially from the emerging economies.

"There is increasing usage of gloves in more sectors and industries as part of the new normal, including airlines, hospitality, and the food processing sector.

"The rising need for quality medical gloves will continue to sustain the global demand for gloves in the long run," he added.

https://www.nst.com.my/business/2021/12/755355/systematization%C2%A0expands-its-product-reach-%C2%A0us-market