YANGZHOU, China -- Yangzhou Auto Plastic Parts Co., China's largest automotive fuel-tank producer, has launched its first Russian plant in Grabtsevo, near Kaluga in western Russia.
The 16 million euro (150 million yuan) facility will produce 250,000 tanks a year. It is located near a Volkswagen AG assembly plant, and also will supply plants owned by Mitsubishi Motors Corp. and PSA/Peugeot-Citroen.
Meanwhile, Yapp is preparing to establish another new plant to make fuel tanks in the Czech Republic city of Mlada Boleslav.
In China, Yapp has ten plants and claims a 50 percent share of the market.
Last year, Yapp formed an international alliance with Canada's ABC Group, so that the companies could work together on global vehicle platforms.