Page 40 - TTG-Taiwan Transportation Equipment Guide 2023-04 Edition

38
Supplier News

online, introducing semi-automated production at the
new factory.

Global Impacts
As a year optimistically touted as a recovery
year after two years of setbacks from the COVID-19
pandemic, the material shortages, price hikes, and the
Russian invasion of Ukraine has prompted industries
to scale back their expectations for a strong economic
rebound. For LC Fuel Tank, their shipments in the AM
market saw some impact due to the pandemic, Chan
said, but he pointed out that their market sales in
fuel supply systems for vintage cars had significantly
increased instead, which he attributed to WFH trends
during the pandemic.

Consumers are more likely and more willing
to spend time working on their vehicles and thus
injecting high demand for vintage car parts. Chan said
that primary market demands are coming from the
European and North American regions. He believes
the situation as seen from the pandemic shows that
their initial investment into the vintage car market
was correct. While environmental issues are highly
prioritized by governments, consumers, and markets LC Fuel Tank exports a 95% majority of its products
alike, Chan believes that maintaining diff erent market to overseas markets and has made a name for itself
demands and extending the product life span for these in terms of branding in the international market. Apart
vintage vehicles are also crucial. from fuel tanks and fuel supply system parts, LC Fuel
The company can fully supply the most diverse Tank offers a one-stop fuel solution for customers.
product line, with products adhering to international For instance, costs for repairing and maintenance of
certifications and environmental regulations as the fuel tank systems can end up quite high due to parts
most standard requirements. coming from different assembly lines, which can also
cause issues with warranty claims. LC Fuel Tank
A More Sustainable Outlook believes that clients will benefi t from rigorously-certifi ed
product quality and products manufactured using
In terms of product features, LC Fuel Tank's specialized equipment through offering a one-stop
surface treatment for its fuel tanks is based on solution.
procuring powdered-coating automated equipment
many years ago. The coating's weather resistance The automotive industry is an over-century-old
property and thickness are reputably three times sector. Amid the recent trends and challenges, LC
better than the typical coating. Another feature of the Fuel Tank will continue to innovate to keep up with the
coating technology is less environmentally harmful changing times.
and pollutive. While the equipment costs are still
higher than the standard machinery, LC Fuel Tank
believes the initial prices are worth the long-time value
the equipment offers. Furthermore, they are worth
upholding their commitment to greener choices and
prioritizing employee health. These efforts are highly
recognized and lauded by international buyers.

LC FUEL TANK MANUFACTURE CO.
No. 68-160, Shekou, Xiluo Township, Yunlin County 648005 , Taiwan
Tel: 886-4-822-3253
Fax: 886-4-823-2342
E-mail: lesley@fueltank.com.tw
Website: www.fueltank.com.tw, www.cens.com/fueltank