Condom production is not considered a technology-intensive industry.

After a decade-long endeavor, the company developed a type of three-layered condom, whose production started last year.

In 2017, the company assisted in constructing the Latex Industries SA, the African country's first modern plant for condom production.

Condom production requires special equipment and technology, he said, adding that constrained by technology, South Africa had no modern condom factory before.

[Photo/Agencies]A Chinese consortium is buying Ansell Ltd's condom division, the world'sxa0No 2 condom maker, for $600 million, betting on surging demand in China as sex becomes less of a taboo subject and more emphasis is placed on public health education.

According to a 2016 Transparency Market Research report, China's condom market is seen growing at 12 percent per year in the 2016 to 2024 period, despite the scrapping of the One Child policy - rising from a $1.8 billion market in 2015 to over $5 billion by 2024.

Ansell said it sees condom sales growth there moderating in the future.