Medtecs Entered Into Joint Venture Agreement with Hongray Group to Expand Glove Factory in Cambodia

We’re excited to announce we’ve signed a joint venture agreement through our wholly owned subsidiary Medtecs (Asia Pacific) Pte. Ltd. (“MAP”), with Hongray Group Co., Ltd. (“Hongray”). Together, we are setting up a joint venture company in Singapore to operate a nitrile glove manufacturing facility in Cambodia. By combining resources and expertise, we are building a more resilient PPE supply chain to better support the global market.

Medtecs Entered Into Joint Venture Agreement with Hongray Group

The glove facility, located in the Manhattan Special Economic Zone (MSEZ) is the first and currently the largest medical-grade nitrile glove manufacturing factory in Cambodia. As part of the expansion, we plan to add 8 new high-speed double-former dipping lines, bringing the total to 10 lines once completed. This will significantly boost production capacity and efficiency to meet the growing global demand for high-quality personal protective equipment (PPE).

But this partnership is about more than just equipment and output. It’s about two companies coming together to make a greater impact. Hongray brings over 30 years of glove manufacturing experience and a strong international sales network. We bring deep local knowledge and strong ties to Cambodia, along with a solid OEM manufacturing and operations system. Together, we are building a more flexible and resilient global supply chain that consistently delivers reliable, high-quality products to customers worldwide.

This joint venture was built on open conversations, mutual respect, and a shared vision for the future. We believe this collaboration will not only expand our capabilities and product range but also open new doors through Hongray’s global distribution network.

Looking ahead, we’ll keep investing in automation, innovation, and quality, so we can deliver more trusted, high-performance protective products to customers and communities around the world.

 

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