WELLCALL Holdings Bhd's partnership with Trelleborg AB to manufacture and sell composite hose and fittings will be the local manufacturer's new catalyst for growth. The new composite hose production plant is within the vicinity of Wellcall's extrusion and mandrel production plant and is on track to commence operations by end-2020, Inter-Pacific Research Sdn Bhd noted. It has not concluded any earnings forecast yet for the new JV as there will be a gestation phase which will impact estimates.

The country's manufacturer of low to medium pressure industrial rubber hoses formed a JV with Trelleborg in January last year with an initial capital investment of MYR 9.2 million.