Page 38 - TTG-Taiwan Transportation Equipment Guide 2023-09 Edition
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36
       Supplier News


           Global Impacts                                          LC Fuel Tank exports a 95% majority of its products
                                                                to overseas markets and has made a name for itself
              As  a  year  optimistically  touted  as  a  recovery   in terms of branding in the international market. Apart
           year after two years of setbacks from the COVID-19   from fuel tanks and fuel supply system parts, LC Fuel
           pandemic, the material shortages, price hikes, and the   Tank offers a one-stop fuel solution for customers.
           Russian invasion of Ukraine has prompted industries   For instance, costs for repairing and maintenance of
           to scale back their expectations for a strong economic   fuel tank systems can end up quite high due to parts
           rebound. For LC Fuel Tank, their shipments in the AM   coming from different assembly lines, which can also
           market saw some impact due to the pandemic, Chan     cause issues with warranty claims. LC Fuel Tank
           said, but he pointed out that their market sales in   believes that clients will benefit from rigorously-certified
           fuel supply systems for vintage cars had significantly   product quality and products manufactured using
           increased instead, which he attributed to WFH trends   specialized equipment through offering a one-stop
           during the pandemic.
                                                                solution.
              Consumers are more likely and more willing           The automotive industry is an over-century-old
           to spend time working on their vehicles and thus     sector. Amid the recent trends and challenges, LC
           injecting high demand for vintage car parts. Chan said   Fuel Tank will continue to innovate to keep up with the
           that primary market demands are coming from the      changing times.
           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
           alike, Chan believes that maintaining different market
           demands and extending the product life span for these
           vintage vehicles are also crucial.
              The company can fully supply the most diverse
           product line, with products adhering to international
           certifications and environmental regulations as the
           most standard requirements.


           A More Sustainable Outlook
              In terms of product features, LC Fuel Tank's
           surface  treatment  for  its  fuel  tanks  is  based  on
           procuring powdered-coating automated equipment
           many years ago. The coating's weather resistance
           property and thickness are reputably three times
           better than the typical coating. Another feature of the
           coating technology is less environmentally harmful
           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, Futian Village , Xiluo Township, Yunlin County
           64865 , Taiwan
           Tel: +886-5-587-1355
           Fax: +886-5-587-9796
           E-mail: lesley@fueltank.com.tw
           Website: www.fueltank.com.tw
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