The $3.3 billion medical gloves and protective suits maker Ansell will suspend production at its factory in Russia indefinitely from June, a year after it opened the plant.
The company has decided to halt production at the plant following the Russian invasion of Ukraine, which began on February 24. Ansell has a market share in higher-end medical gloves of up to 80 per cent in Russia.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com