The Board of Directors foresees the performance of the Group for 2020 to remain stable for its PVC business although it may be affected by fluctuation in the price of raw materials as a result of the market uncertainty due to COVID-19 pandemic and the impact from the fluctuation in foreign currency. Moving forward, the Group will focus on producing PP Non Woven materials to cater for medical appliances. Our newly invested PP Non-Woven machine will commence full production by mid November 2020, more than double of our current capacity. Our PP Non-Woven demand is expected to be fully filled up until end of 2020. The ISO 13485 : 2016 and 9001 : 2015 that was obtained for PP Non-Woven division enables us to further expand into hygience products and further enhance our sales stream.
However, the Group will be taking cautious approaches to mitigate the exposure by improving its operational efficiency, product quality and product innovation as a positive step forward to sustain the Group's business growth as well as monitoring financial aspect more closely. The Group will also look into exploring new market share globally.
As for solar segment, the second factory buildings of TS Solartech Sdn. Bhd. has been rented out from 01 October 2020 onwards and the Company continues to generate income from the 1.18 MW solar energy arising from the solar panel installed.