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Automotive Industry
Industry: Email Alert RSS FeedInergy seeks new fuel-tank territory; Plastic tanks have 95 percent of European market.(Suppliers)
Automotive News Europe, April, 2005 by Miel, Rhoda
Byline: Rhoda Miel Plastics News
French supplier Inergy Automotive Systems started the year producing auto fuel tanks in 17 countries on five continents.
By year-end, Inergy will add China, Turkey and an undisclosed country to the list.
Inergy's global growth is astounding considering that it makes a product that did not even exist until the 1980s, said Inergy CEO Pierre Lecocq.
Since their introduction in Europe, multilayer plastic tanks have taken over 95 percent of the auto market here.
"When we look at five years down the road, Asia will become our biggest ...
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