On October 28, 2015, Kautex’s Wuhan plant, the world’s largest manufacturer of plastic fuel tanks for vehicles, settled in the Wuhan Development Zone. This means that, following the cities of Changchun, Shanghai, Guangzhou, and Chongqing, Kathes’s fifth investment in China has been settled in Wuhan.
Kautex Wuhan Plant settled and laid the foundation in Wuhan Development Zone
The first phase of the Kautex Wuhan plant project will invest 100 million yuan. After the project is put into operation, it is expected to realize an annual output value of 500 million yuan. The project is located at the Military Development Park in Wuhan Development Zone. The new plant will be fully operational in 2017. The production line will introduce the world's latest equipment, processes and technologies to produce new-generation plastic fuel tanks for vehicles and other products. It will supply vehicle manufacturers in central China, such as Wuhan, Shenyang, Changsha and Zhengzhou.
In 1964, Kautex produced the world's first vehicle plastic fuel tank. As a top-tier supplier to the automotive industry, the company currently has production facilities in 16 countries around the world. “Wuhan is one of the fastest growing cities in China's economy and automotive industry. We also want to seize this market opportunity.†Vincent Perez, President and CEO of Kautex said that the auto parts industry is in Wuhan The prospects are vast. It is worth mentioning that a new generation of plastic fuel tank technology integrates the advantages of traditional automotive plastic fuel tanks and iron fuel tanks: it reduces the weight of the car body, and is 10%-15% lighter than a conventional plastic fuel tank, compared with the iron fuel tank. Reduced by half; At the same time, it also reduces fuel evaporation and fuel consumption in the fuel tank.
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