Japanese supplier Siam Yachiyo Co. Ltd. is expanding Thai production of plastic fuel tanks at a cost of 300 million baht ($7.8 million) in the belief that they will replace steel tanks within the next five years. Currently some 70% of cars in Europe and 90% of vehicles in the U.S. have plastic fuel tanks. Because of this, Siam Yachiyo predicts all vehicles built in Association of Southeast Asian Nations(ASEAN) countries eventually will utilize plastic. The company is the only producer of ...
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