APRIL 10–HONG KONG–The Dow Chemical Co. has signed an agreement to transfer its Intacta polyurethane glove business to Malaysia-based YTY Industry.

Although terms of the deal were not disclosed, Greg McDaniel, Dow Polyurethane’s new business development director, described the deal as “a logical evolution” of the Midland, Mich-based chemical giant’s glove business.

“Dow will focus on its core strengths, and continue to supply YTY with the polyurethane polymers and technology required to produce the gloves, while YTY will leverage its expertise in manufacturing and marketing to further grow the business globally,” he adds.

YTY has been been manufactuing gloves for Dow since October 2000.

Oh Tiam Sing, YTY’s managing direct, says the company is seeing strong demands from medical exam, dental and cleanroom end users.

“Without a doubt, these gloves compliment our existing glove line, offering our customers more choice,” he adds. “We are delighted to be maintaining our long-term relationship with Dow.”