Hardware & Fastener Components Magazine Issue No.59

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Cover Story >>

New Product!

KING YUAN DAR Releases

“Cyclic Continuous Vacuum High-Temperature Sintering Furnace”

新發表 ! 金元達「循環連續式真空高溫燒結爐」

KYD

King Yuan Dar

Metal Enterprise Company LTD

F

ollowing the launch of the industry-shaking AI Continuous Batch Green Chamber Furnace and the world's leading AI Vacuum Continuous Cyclic Energy Saving Spheroidizing Furnace in early 2022, Taiwanese heat treatment equipment developer and manufacturer, King Yuan Dar Metal Enterprise Co., Ltd. (KYD), is once again taking the lead in launching a new "Cyclic Continuous Vacuum High Temperature Sintering Furnace" this year, which not only incorporates more excellent features, but also is designed with the concept of energy-saving and carbon reduction as the basis of its development. It is expected to create more amazing production efficiency and product quality for the global industries that have the need for product heat treatment (e.g. fasteners, industrial components, powder metallurgy, etc.).

Saving Energy and Reducing Carbon Emission; Highly Efficient and Eco-friendly

Recently Receiving an U.S. Patent for Heat Recovery and Recycling System

Developed under the guidance of KYD's GM Chang-Lung Tseng, the new equipment has several features:

“Currently, no other equipment on the market has such core heat treatment technology and design similar to that of this new sintering furnace. Although 80-90% of our sales are in Taiwan at this stage, we expect to expand our global market share in the future by making more people aware of the application advantages of our equipment and one-stop service,” said GM Tseng.

• Intuitive operation: Combining the interface of automation and intelligent hardware, the operator on-site only needs to arrange the material feeding and set values to operate.

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• Remote and AI monitoring: Management can be carried out through watching remote images. In addition, through the precise monitoring of AI intelligent system, operators can be reminded to check the temperature of the equipment in time when it is abnormal.

• Power transforming system: Helping stabilize the power input to ensure normal operation of the machine.

• Gas control system: It can properly adjust the ratio of gases in the machine to significantly increase the yield rate of workpieces produced.

• Heat Recovery and Recycling System: The continuous production of the machine will transmit, convect, and radiate heat to the workpieces to achieve energy saving and carbon reduction.

• High efficiency, environmental protection and power saving: As more waste heat is recycled and reused, the power consumption of the equipment is further reduced.

• Multiply the capacity and stabilize the quality: Instead of using traditional mesh belts, this machine adopts hydraulic technology to convey parts, allowing it to operate more efficiently, thus doubling the capacity, but at the same time, maintaining the quality of products produced.

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In addition to obtaining the ISO 9001 and IATF 16949 certifications, the oxidation furnace structure, the chamber furnace structure, and the heat recycling system developed by KYD have been also patented in Taiwan, China, Japan, Germany, and the U.S. Its strong R&D capabilities have been internationally recognized and it has cooperated with customers throughout the fastener, automobile, motorcycle, and government sectors.

In the future, KYD will continue to dedicate itself to the development of environmentally-friendly AI heat treatment equipment and provide a 3-in-1 solution integrating heat treatment processing, gas supplies, and equipment manufacturing. In addition to the Luchu, Kaohsiung-based plant, the new plant based in Changhua Coastal Park is also expected to be officially completed by the end of this year, and the Thailand-based plant, close to local automotive supply chains, is expected to be operational next year after the installation of all equipment, which then will be a booster for KYD’s global deployment.

“My long-term goal is to enter the U.S. heat treatment market within two years, and then expand our sales in Taiwan to win a higher market share for our competitive equipment,” said GM Tseng.

Contact: General Manager Chang-Lung Tseng E-mail: gold.dollar@msa.hinet.net Article by Gang Hao Chang, Vice Editor-in-Chief of Fastener World Copyright owned by Fastener World

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Special Feature >>

Editorial:

Is Requiring Extra Overseas Plants on Taiwanese Fastener Owners Truly Necessary?

First and Foremost is to Pinpoint Impact Range and Gain Buyers’ Confidence 社論 : 台灣扣件也要「+ 1」？ 釐清衝擊、建立買主信心 更為首要！

Are You Tensed up About the Taiwan Strait Tension?

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In our interaction with fastener associations, business owners and global exhibitors, we observed that a number of overseas buyers are worried about one thing: "If there is a war in the Taiwan Strait, will the supply chain of Taiwan fasteners be cut off?". These buyers are beginning to hope for Taiwanese owners to establish factories in Southeast Asia or other regions (which forms the concept dubbed as "Taiwan +1", where the plus mark denotes “extra” and “+1” denotes “an extra location”). They expect Taiwanese owners to build production lines in other countries to avoid disrupted supply chains.

The Russian-Ukrainian war has lasted for more than 500 days, leading to global inflation, rising interest rates, soaring prices and public inconvenience. The Global Misery Index pushed up by this war has been deeply felt by everyone. If China starts a war against Taiwan, the index will undoubtedly exceed that of the Russian-Ukrainian war by several times, and it will lead to global chaos.

Undeniably, the tension between Taiwan and China is largely influenced by the rivalry and friction between the United States and China, which indirectly leads to the need for Taiwan to make policy choices. China's military and political moves have undisputably added up to the heating up of the "+1" trend. Nevertheless, it is worth clarifying whether this trend affects Taiwan fastener industry. Therefore, this article will share our experiences and food for thought through the following different perspectives.

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Taiwan Has No Intention and Prerequisites to Provoke China Taiwan has never wanted a war, nor will it initiate one. Taiwan's status quo is influenced by geopolitics and historical burdens. The people of Taiwan know in their hearts that they do not want to go to war to achieve some kind of goals.

Taiwan has had a very close relationship with China. Over the past 30 years, Taiwan has invested more than US$200 billion in China, and more than 10,000 Taiwanese companies have set up factories in China.

There are more than 100 Taiwanese fastener companies operating in China. According to Taiwan’s Ministry of Finance, Taiwan's exports in 2021 reached a record high of about US$446.4 billion, of which 42% (US$187.4 billion) were exported to China, and the trade surplus for Taiwan was nearly US$60 billion, which shows quite a large China's economic contribution to Taiwan.

There are more than 500,000 Taiwanese people working in China and more than 10,000 Chinese people working and studying in Taiwan.

According to Taiwanese government’s statistics, there are more than 100,000 registerations of transnational marriage between Taiwanese and Chinese people, so a war would only result in the separation of family and bitterness on both sides of the Taiwan Strait. There is complicated sentiment between Taiwan and China, and the economic development they have built together has been very successful, so Taiwan will not make up a reason to go to war.

Leaders on both sides of the Taiwan Strait should have the wisdom to

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Special Feature >> Fig. 1. Taiwan’s Global Fastener Export Value in the Past 20 Years Global Export Value (USD)

6,000,000,000 5,000,000,000 4,000,000,000 3,000,000,000 2,000,000,000 1,000,000,000

20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 20 14 20 15 20 16 20 17 20 18 20 19 20 20 20 Q1 21 -3 20 22

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Fig. 2. Taiwan’s Global Fastener Export Volume in the Past 20 Years 1,800,000,000 1,600,000,000 Global Export Volume (KG)

1,400,000,000 1,200,000,000 1,000,000,000 800,000,000 600,000,000 400,000,000 200,000,000

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03 20

20

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choose a way of life that is mutually acceptable and allows for coexistence, rather than destroy decades of development on the spur of the moment.

The Price of War is High If China were to attack Taiwan, it would first have to face the world's largest maritime war in history. The Taiwan Strait separating the two sides is 77 to 140 kilometers wide, and for those with a military background, it is not difficult to understand the difficulty of such a landing operation.

According to official figures, Taiwan currently has 700,000 reservists who can respond immediately in the event of a war. Taiwan has also acquired many fine weapons through the supply of semiconductors and procurement of military weapons, and it is believed that Taiwan has enough power to defend itself. As a saying goes, the winner takes the throne as the king (a hero in history) and the loser rots in the river of history. Many overseas experts have warned of the risks and consequences of a cross-strait war. In the event of a war, Taiwan and China's respective economies would be destroyed, and it would take decades to rebuild. Who can afford such a heavy burden?

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If There is a War Across the Taiwan Strait, Will it Affect the Development of Fastener Industry?

Which Part of Taiwan Fasteners is Replaceable and Which Part is Not? The global fastener production and sales market size is US$85 billion (20 million tons of fasteners produced), of which Taiwan's size is about US$5 billion (1.5 million tons). Compared to Taiwan's semiconductors which take up 90% of global market share, Taiwan's share of fasteners in the global market is relatively small. Taiwan's fasteners fall in the middle of the price range on average, and in the event of a war, it would not be difficult to find other countries to buy the same level of products as Taiwan.

However, it is necessary to point out that, although Taiwan fasteners can be replaced in terms of price, Taiwan’s R&D capability, production management, credibility, its supply chain which is the most complete in the world, as well as high value-added products and service satisfaction, are Taiwan's unique and irreplaceable features.

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Special Feature >> Fasteners are Not a Critical Tactical Asset Fasteners are not an extremely critical and tactical material like semiconductors. If a war breaks out, the possibility of Taiwanese fastener factories being attacked is not high. Taiwan already has experience in establishing a complete supply chain; in addition, many Taiwanese fastener companies have set up bases overseas which have the ability to supply goods, so even if there is a war, they can quickly resume production of fasteners. On the whole, if there is a war, it won’t amount to a nuclear level of destruction on Taiwanese fasteners, and it is less likely to cause a major global panic and a major shortage of goods.

Taiwan's Fastener Trend Line Remains Unaffected Taiwan's political ground, economic development and social security are very stable. For the past three years this had never been affected by war concerns and COVID. Even in the past 20 years, Taiwan's fastener exports have shown a 20-degree upward trend line (see Figures 1 and 2), which will only be subject to the global economic climate, but not to political and war factors.

Will Adding Overseas Locations Necessarily Translate to Lower Price Offer?

It is undeniable that some of the Taiwanese owners have cooperated with buyers' requests by going to Vietnam, Thailand, Indonesia, Malaysia or other places to build factories in order to diversify the risk. However, Taiwan fastener industry mostly consists of small and medium-sized enterprises (SMEs) which don’t have a high level of manpower, material resources and capital. The global fastener market lately is not as good as expected, and this comes with the upcoming carbon tax and costs for environmental protection, so going overseas to set up factories would mean a lot of pressure. In fact, as far as the current situation, the cost of setting up production lines in other countries is no less than the cost of production in Taiwan, which may obstruct Taiwanese owners from providing buyers with better prices and service satisfaction.

Considering all the above factors, there is no longer any requisite for direct friction between Taiwan and China. Taiwan has nothing to gain by starting a war, and furthermore China as the world's largest market is very much in line with Taiwan's economic development needs.

In the Face of Asia-Pacific Tensions, We Need Everyone on Board to Have More Confidence in Taiwanese Fasteners After clarifying the scope of impact of Taiwan Strait tensions on Taiwan fastener industry, we believe that buyers don't necessarily need to ask Taiwanese owners to keep up with the "+1" trend because, as already mentioned, doing so won't necessarily lead to better pricing for buyers. That said, it is not unreasonable for buyers to be concerned, and this underscores many ways in which Taiwanese companies must make buyers feel more confident in the safety, stability and strength of Taiwan's fastener supply. As a medium for communication, Fastener World Magazine takes the responsibility to analyze the scope of impact for suppliers and buyers, hoping to open up more room for communication.

We believe buyers who have visited Taiwan would feel that there is no war atmosphere in Taiwan. What's more, the New Taiwan Dollar and the US Dollar have become two of the world's most appreciated currencies. The price of land in Taiwan has tripled, and there has been no surge of emigration. In addition, on July 11 the U.S. Department of State maintained Taiwan's Travel Alert Risk at the safest level. Fastener World would like for global buyers to know that Taiwanese fasteners are one of the most resilient, endurable and reboundable industries in the world, and we have cited Figures 1 and 2 as evidence of this. Taiwan is stepping out into the world in a way that it never could before, and because of this, we need buyers around the world to see the strengths of Taiwanese fasteners and have more confidence in them, so that all of us can together continue to create mutual benefits for Taiwan and the rest of the world.

Hardware & Fastener Components - no.59/2023

Article by Dean Tseng, Fastener World / Copyright owned by Fastener World

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Preshow Feature of Fastener Poland 2023 >>

墨西哥螺絲 + 波蘭螺絲展展前宣傳專輯

Preshow Feature of Fastener Poland and Fastener Fair Mexico 2023 波蘭螺絲展

Hardware & Fastener Components - no.59/2023

fastenerpoland.pl/en The current year is undoubtedly a period full of challenges for the fastener industry. The complicated political and economic situation, problems related to supply chains and the progressive slowdown on the construction market mean that entrepreneurs once again have to face various challenges. However, industry reports show that despite the difficulties, the industry has a chance for further development, and in the long run, entrepreneurs will be able to turn the current turmoil into profit. It is worth remembering and planning participation in the 6th edition of the FASTENER POLAND® International Trade Fair for Fastener and Fixing Technology, which will take place on October 18-19, invariably at EXPO Krakow.

Ex h ibitor s and visitor s from over a dozen of countries, industry news and premieres, many hours of talks, expert conferences, B2B meetings - this is what the FASTENER POLAND ® Trade Fair in Krakow looked like last year. As many as 65% of the exhibitors came from abroad. This year's edition promises to be equally good, as the participation of exhibitors has already been confirmed, e.g. from: Czech Republic, Sweden, Ger many, Turkey, Switzerland, Malta, Italy, Hungary, China, Vietnam and Taiwan. The international nature of the event only emphasizes how important trade fair meetings are for the entire industry. A nd although the fair is an investment, which, especially in difficult times, may seem like a significant burden on the company's budget, its

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effects are often visible several months after the end of the event. We know this from our regular exhibitors who return to EXPO Krakow every year to present their offer.

Therefore, we encourage you to plan your participation in this year's edition of FASTENER POLAND® Trade Fair now. This gives you the opportunity to choose an attractive booth location and take advantage of additional, free forms of promotion.

The FASTENER POLAND ® Trade Fair is the only international fair of fasteners organized in Central and Eastern Europe. The scope of the exhibition includes, among others: the most modern industrial fasteners and fixing (from bolts to nuts, clamps and rings); building fasteners (anchors, concrete screws, fastening of facades and insulation); advanced assembly and installation systems, as well as technologies for the production of fasteners and devices for their storage and distribution.

The 6th edition of the FASTENER POLAND ® Trade Fair promises to b e ver y good. A f ter 3 years of travel difficulties, this year's participation in the fair is confirmed by exhibitors and guests from the farthest corners of the world. The list of exhibitors is now available at www.fastenerpoland.pl/en. We also invite you to follow the trade fair profiles in social media, where we publish industry news on an ongoing basis and reveal what our exhibitors will present at their stands this year. For those interested in visiting the fair, we have prepared a pool of free admission tickets. To receive them, just complete a short form available on the fair website.

Preshow Feature of Fastener Poland 2023 >>

JA DEN

Preview of Fastener Poland Taiwan Exhibitors

BEST VIEW/ CANAAN

TIFI

SHINN RUNG

JA DEN

BEST VIEW/ CANAAN

TIFI

Only Taiwanese exhibitors exhibiting through Taiwan's exclusive agent Fastener World are listed. 為了方便統計準確，上述台灣扣件 展團名單以有向本展台灣總代理 商匯達公司報名為準。

惠達雜誌

Hardware & Fastener Components - no.59/2023

SHINN RUNG

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Preshow Feature of Fastener Poland 2023 >>

Preview of

Fastener Poland Taiwan Exhibitors Taiwan agent:

foreign@fastener-world.com.tw

booth D100 to e m o lc e W

Our publication has a circulation of over 10,000 printed copies per issue sent to more than 200 countries and we participate in at least 25 int’l trade shows per year. We are also the exclusive sales agent in Taiwan for Fastener Fair Global, Fastener Fair India, Fastener Fair Mexico, Fastener Fair Turkey, International Fastener Expo, Fastener Poland, etc. We continue to reinforce our service range, add more software/hardware investment, and create more solid competitiveness on the market for customers with the best service quality.

For more info, please visit our website at www.fastener-world.com

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CHITE ENTERPRISES CO., LTD. 尚余企業股份有限公司 chite@chite.com.tw

www.chite.com.tw

Chite Enterprises Co., Ltd, specializes in various fastener products (screws, bolts, nuts as per standards and drawings), exporting fasteners to over 80 countries. We have factories and branch offices in Taiwan, Vietnam and China, providing customers with different options in purchasing and with below advantages.

Hardware & Fastener Components - no.59/2023

*With our manufacturing experience and various sources, we provide a wide range of fastener with high quality and competitive prices. *CE certificate of EN 14566 and EN 14592 *TAF certified QC lab test before each shipment In order to meet market demand, Chite is dedicated to the supply of solar parts, including solar panels, solar brackets, bolts, nuts & bi-metal screws (sharp point). We provide a wide range of fasteners with high quality and competitive prices.

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CELEBRITE FASTENERS CO., LTD. 曜維貿易有限公司 jcsales@celebritefasteners.com

www.celebritefasteners.com

Celebrite Fasteners Co., Ltd. was established in Taiwan in 2013. We sell various screws, bolts, etc. We are a manufacturing company with a purpose to specialize in manufacturing self drilling screws, tapping screws & patented wing tek screw assembly BAZ washers. Our products are made in Taiwan and we use all materials from China Steel Corp. and are certified to ISO9001 and CE. To customize screws based on your needs is available.

We are a professional self-drilling screws & self-tapping screws manufacturer. Our various self-drilling screws & self-tapping screws with indent hex washer head, pan head or flat head have been provided to the world since 2001. Standards: DIN 7504, 7981, 7982.

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Preshow Feature of Fastener Poland 2023 >>

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LONGHWA SCREW WORKS CO., LTD. 隆華螺絲工廠股份有限公司 www.long-hwa.com.tw longhwa.putz@msa.hinet.net Established in 1988, Long Hwa specializes in making long-size screws for chipboard screws, self-drilling screws, concrete screws and distance screws and has been certified by CE 14566 & 14592 and ETA. Our products include chipboard screws: M6~12 (80-1000mm), self-drilling screws: M7.0/6.3 (80~400mm), M6.3/5.5 (80~400mm), concrete screws: M7.5 (42~402mm), distance screws: M6 (50~160mm).

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CHUNG HO ENTERPRISE CO., LTD. 鍾和企業有限公司 jensonyeh@chungho.com.tw www.chungho.com.tw

CHUNGHO FASTENER is a professional fastener supplier in Taiwan, adept at producing special screws. With 40 years of experience, we not only manufacture screws but also create trust and satisfaction. Our mission is to solve customers' difficulties in finding fasteners, enabling them to focus on design and production. We provide reasonably priced, high-quality products with stable delivery times. We will be your best partner. Our company specializes in mechanical and construction-related screws. We cater to a diverse range of industries, including motors, machinery, machine tools, sports equipment, bicycles, and electric vehicles. Our product line includes mechanical screws, hexagon socket screws, locking nuts, pressed fasteners, pins and keys. Additionally, we excel in handling special screws, and 40 years of experience have given us excellent processing capabilities.

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BOLTUN CORPORATION 恒耀工業股份有限公司

Hardware & Fastener Components - no.59/2023

sales@boltun.com.tw

www.boltun.com

Boltun is one of the leading manufacturers in metal parts for industrial use in Taiwan, providing a wide range of products from automotive fasteners and components, stamping parts, to wind turbine fasteners. Established in 1988 in Taiwan, Boltun has invested in-house production including forming, tapping, stamping, CNC machining, heat treatment, washing, assembling, and automatic packing. Boltun is also accredited with a number of certificates such as IATF 16949, ISO 9001 and ISO 14001, and ISO-17025 to cover most of the quality testing in house. Our products include welding bolts/nuts, rivet nuts, clinch nuts, T-nuts, nylon insert nuts, and conical washer nuts, special parts, hex. bolts & screws, flange bolts, clinch bolts, T C bolts, bushes, sleeves, stamping parts , CNC machined parts, wind turbine fastener kits: nuts, bolts & washers and truck wheel bolts.

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TSUNG YANG INTERNATIONAL CO., LTD.

宗揚國際有限公司

www.tsung-yang.com.tw

Tsung-Yang@hibox.hinet.net We are a professional exporter in fastener trading in Taiwan and our goods enjoy a high reputation for excellent quality. We have been engaged in this field for 15 years and have good connections with local manufacturers. We are specialized in producing and exporting screws, bolts and washers to overseas customers. We provide the most competitive prices, stable quality and excellent service to our customers.

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Preshow Feature of Fastener Poland 2023 >>

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JOKER INDUSTRIAL CO., LTD. 久可工業股份有限公司 info@joker.com.tw

www.joker-fastener.com

JOKER is a renowned Taiwanese company established in 1984. Being initially an OEM manufacturer, JOKER has evolved into a leading developer and manufacturer of construction anchors and industrial fasteners. One of JOKER’s patent Sissy Stud Concrete screw is approved ETA option1 directly from EOTA, getting the number ETA-14/0374. JOKER is well-known for its trustworthy quality and reliable partner. JOKER as a professional fastener manufacturer, this year, we bring two news to the market. We launched an excellent performance of stainless steel concrete screw which has been assessed by ETA, and is a solution that delivers unparalleled strength and durability and also offers exceptional resistance to corrosion and rust. In addition, we also passed the IATF 16949 certification, which ensures compliance with quality standards in the automotive industry.

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HOPLITE INDUSTRY CO., LTD. 合利國際股份有限公司 hoplite.ind@msa.hinet.net

www.hoplite.com.tw

Hoplite Industry Co., Ltd. is a company specialized in supplying screws, nuts and tools in building, electronic, automotive and general industries areas. Hoplite’s operation is teaming up with medium-size skilled manufacturers combining with our own experienced staffs.

Being in the business for 23 years, Hoplite has been successfully collaborating with European companies, a win-win cooperation good for involved parties. Meeting customers’ needs has always been our main focus. Hoplite distinguishes itself through excellent product quality, customer-oriented service and sound advice. Our full hand concept of products and solid solutions creates value for You!

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JA DEN ENTERPRISE CORP., LTD. 桀登企業有限公司 jaden1071022@gmail.com www.fastener-world.com/en/supplier/jaden

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Jaden Co., Ltd. was established in 2018, mainly specializing in all kinds of drill end screws, wood screws and composite screws, and has its own factory for production and manufacturing.

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YESWIN MACHINERY CO., LTD. 友信機械股份有限公司 yeswin@twyeswin.com

www.twyeswin.com

Yeswin Machinery is a professional manufacturer of cold forging machines for bolts, nuts, various kinds of fastening parts and fixing elements. We provide Bolt Formers with 3-5 stations and Parts Formers with 5-7 stations. Our machines cover a wide range of sizes from M3 up to M30, with the maximum length up to 400mm. The applicable processing materials are stainless steel, low-carbon steel, copper, low alloy steel, aluminum alloy, etc.

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Preshow Feature of Fastener Poland 2023 >>

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DAGAN INTERNATIONAL CO., LTD. 美達斯企業有限公司 dagannet@ms8.hinet.net www.dagan.com.tw

Marketing for- 1. Multi station cold forming machines: bolt former/nut former 2. Flat die thread rolling machine/dual roller rolling machine 3. Nut tapping machine 4. Single die two blow heading machine 5. Washer assembly machine 6. Nut crimping machine 7. Nylon nuts assembly machine 8. Auto lathe (drilling, tapping, machining, chamfering, slotting) 9. Screw shank slotting machine 10. Self pointing screw pointing machine 11. Customized device 12. De-oiling machine 13. Conveyors 14. Vibrator 15. Heat treatment furnace 16. Plating line 17. Wire drawing machine 18. Cold forming toolings (dies, punches, pins, transfer fingers, trimming dies, self screw pointing dies, cutters, nut taps, threading dies, drawing dies 19. Machine parts.

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MAO CHUAN INDUSTRIAL CO., LTD. 貿詮實業有限公司 maochuan@maochuan.com.tw www.maochuan.com.tw

MAO CHUAN is a professional stampings manufacturer in Taiwan and has more than 50 years of experiences in O.E.M for the automotive, electronic, and construction industries.

MAO CHUAN is qualified with ISO9001, IATF16949, ISO14001 and VDA 6.1. With seasoned skills and a great activity in the stamping field, MAO CHUAN supplies diversified essential materials, surface finishes, and integrated treatments to satisfy individual client requirements and applications. MAO CHUAN provides customized products with the most comprehensive services to integrate the entire production process, which is a single point of contact from design prototyping, assembling, and final sale packing. MAO CHUAN has contributed to the ESG program management. In 2023, we have completed the verification according to ISO 14064-3:2019, and meet the standard requirements of ISO 14064-1：2018.

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AMIS ENTERPRISE CO., LTD. 赫晉興業有限公司 service@amis-world.com www.amis-world.com

Hardware & Fastener Components - no.59/2023

AMIS collaborates with professional manufacturers located in Kaohsiung, Taiwan. We own advantages of well, complete and experienced supply chain in Kaohsiung area and can provide you with high quality products at competitive prices. AMIS gathers experienced people who can help you solve the problems you may have when working with fasteners. Please feel free to contact us immediately for our professional service.

We offer sandwich panel screws with drilling points from no. 3 to no. 10 with the capacity of drilling a 25mm thick steel plate, and high quality drywall screws that can drill a 0.6mm thick steel plate within 0.5 sec. We also offer special multi-formed parts as per customer’s drawings.

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ORANGE FASTENERS 橙品工業股份有限公司 dennis.chou@orangefasteners.com.tw

www.orangefasteners.com.tw

Integrated fastener solution / Manufacturing / Engineering / Quality / Souring.

IATF 16949:2016.

The Orange solution for your special problems.

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Preshow Feature of Fastener Poland 2023 >>

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RJW INTERNATIONAL CO., LTD. 羅傑威國際有限公司 teacbow@gmail.com

www.rjwfastener.com

RJW International Co., Ltd. established in 2021 is located in Tainan, Taiwan. We have for long supplied and developed for the automotive industry, OEM distribution, building for steel structures, wooden construction houses and DIY market for large chain stores. Screws with customer’s drawings and standard products are also available.

Our main business is supplying construction screws such as drywall, chipboard, self-drilling, decking, concrete, collated, OEM screws and automotive or industrial parts to the oversea market.

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CHAO JING PRECISE MACHINES ENTERPRISE CO., LTD. 朝璟精機有限公司 jw.zw@msa.hinet.net

www.chaojing.com.tw

Chao Jing Precise Machines Enterprise Co., Ltd. shows spirit towards innovative technology and offers excellent quality of core competencies to serve customers around the world. We provide the most sophisticated fasteners and the most reasonable prices of products. The "customer and quality first" policy has been implemented in our operation.

With several years of industry experience and continuous R&D we then moved toward higher-value products and hi-tech product development. Our principle of profit sharing with our customers helps meet customer demand. Facing the future, we will continue to be in line with the original spirit of service to serve the public. Going toward internationalization and diversification will help us reach the top of the international reputation.

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CHIEN TSAI MACHINERY ENTERPRISE CO., LTD. 鍵財機械企業股份有限公司

Hardware & Fastener Components - no.59/2023

jiancai@jiancai.com.tw

www.jiancai.com.tw

Chien Tsai Machinery was founded in Taiwan in 1973. Main products are thread rolling machines for screws of the diameter from 1.0mm to 38.0mm and the thread length up to 600mm. Products are exported globally around the world like Europe, Asia, America. Chien Tsai expanded our scale in 2017, acquiring another 30 acres of land in Jiashan, China and establishing Zhejiang Jiancai Machinery Co., Ltd. Our company has passed the ISO9001, ISO14001, and ISO45001 certification. The feature of Automatic Thread Rolling High Speed Machine : CTR8N-4, Product Range: M5-M8, Screw length: 75-100mm , Thread Length: 50-75mm, Rolling dies stationary length: 127/140/25, Main Power: 10HP, Max. Output: 110-350 pcs/min.

D130

TAIWAN INDUSTRIAL FASTENERS INSTITUTE

台灣螺絲工業同業公會 tifi.tw@msa.hinet.net

www.fasteners.org.tw

TIFI founded in 1969 has 700 members at present. TIFI Members include major manufacturers and exporters of the fastener industry in Taiwan. Our publication “Taiwan Fastener” is published with 2 issues every year, and is a “must read” buyers guide for your sourcing from Taiwan. Please visit our stand for your free copy of 2023 Taiwan Fastener Buyers Guide. " *Free request for buyers "Special Edition 2023" published by Taiwan Industrial Fasteners Institute, it collects products produced by member manufacturers. *Buyers Guide of TIFI” published by Taiwan Industrial Fasteners Institute includes the basic information and products of member companies.

048 惠達雜誌

Preshow Feature of Fastener Poland 2023 >>

D131

KEY-USE INDUSTRIAL WORKS CO., LTD. 凱雍工業股份有限公司 sales@keyuse.com.tw

www.keyuse.com.tw

Key-Use is a professional manufacturer that began business in 1987. We specialize in the production of fasteners. We are constantly improving technology and facilities that make us take the lead in market development.

Our products include Special Parts / T-Bolt / Automotive Parts / Welding Screws / Pressing Screws / Shoulder Bolts

D132

VERTIGO FORMING SOLUTIONS CO., LTD.

佛帝克企業有限公司

vfs.amychang@gmail.com

www.vertigoformingsolutions.com

With over two decades of professional experience in the cold forging tools and fasteners fields. We strive to serve the customers with the most efficient and cost-effective manufacturing needs, from machinery, machinery tools to fastener manufacturing tooling. Supporting a wide range of fasteners tooling needs, from the field of automotive fastener production, building fasteners to furniture fasteners, and customized high-end and irregular tooling. Our key product categories are: Carbide Dies, Punches, Flat Rolling Dies, Nut Taps, Transfer Fingers, Recess Pins, Carbide Raw Material, Trimming Dies , Cutters. Fasteners. Our professional development and management team devotes unremitting efforts to carry out strict quality control at factories, excellent service to reach the optimum on the cost-effectiveness for our customers.

D133

TAI HUEI SCREW INDUSTRY CO., LTD.

台煇螺絲工業股份有限公司 taihuei.screw@msa.hinet.net

www.taihuei.com

Hardware & Fastener Components - no.59/2023

Tai Huei is a professional screw manufacturer in Taiwan established in 1980. We focus on the construction and furniture screws which are made of carbon steel. At present, we have 100 sets of heading and threading machines. The capacity can be a maximum of 600 tons per month.

Our products include Drywall Screw (EN14562 CE), Chipboard Screw (EN14592 CE), Timber Construction Screw (EN14592 CE), Self Tapping Screw, Self Drilling Screw, Machine Screw, Concrete Screw, Furniture Screw, Decking Screw, Roofing Screw, Wood Screw, Nail Screw.

D142

FRATOM FASTECH CO., LTD. 福敦科技有限公司 thomas.liu@fratom-fastech.com

www.fratom-fastech.com

Fratom Fastech, located in Kaohsiung, Taiwan, produces all kinds of irregular-shape and customized tooling for the steel forming industry. With a production team of over 25 years with manufacturing experience and a highly trained dynamic team, we are uniquely equipped to satisfy your performance requirements.

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050 Hardware & Fastener Components no.59/2023

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058 Hardware & Fastener Components no.59/2023

Special Feature >>

www.fastenerfairmexico.com/en-us.html

7th-9th September 2023

Preview of FF Mexico Taiwan Exhibitors 519

FASTENER WORLD INC. foreign@fastener-world.com.tw www.fastener-world.com

524

METAL FASTENERS CO., LTD. sales@fasteners.com.tw www.fasteners.com.tw

425

WEI-I INDUSTRY CO., LTD. petrina@weii-nut.com.tw www.weii-nut.com.tw

525

BOLTUN CORPORATION sales@boltun.com.tw www.boltun.com

507

REXLEN CORP. marketing@rexlen.com.tw www.rexlen.com.tw

608

PINGOOD ENTERPRISE CO., LTD. sales@pingood.com.tw www.pingood.com.tw

509

KUO HSIAN FASTENER ENTERPRISE CO., LTD. kuohsian.sales@gmail.com kuohsian.com

610

TAIWAN METIZ ALLIANCE info@rgt.tw www.tooling.tw

522

H FANG SHENG SCREW CO., LTD. erie@mail.yfs.com.tw www.yfs.com.tw

614

L & W FASTENERS COMPANY king-lin@lwfasteners.com.tw www.lwfasteners.com.tw

523

CHIEN TSAI MACHINERY ENTERPRISE CO., LTD. jiancai@jiancai.com.tw www.jiancai.com.tw

H

H Shanghai126 G & T Industry Co., Ltd

125 Hebei

Qianmu Fastener Manufacturing Co., Ltd.

H

124 OUCHEN METAL CO.,LTD.

Shanghai126 G & T Industry Co., Ltd

122

125 Hebei

HANDAN 224 TOK XIAOJUN FASTENER Industrial MANUFACTURING Supplies CO., SDN LTD

Qianmu Fastener Manufacturing Co., Ltd.

124 OUCHEN METAL CO.,LTD.

HANDAN 123 TONGHE FASTENER MANUFACTURE CO.,LTD

121 HANDAN

223 Wujin

Hebei 222 BHD Chengyi Engineering Materials Co., Ltd.

Luoyang Yaoshengda Hardware Product Factory

221

YONGNIAN 220 COUNTY TIANBANG FASTENERS CO., LTD

SHUANGZI METAL PRODUCTS CO.,LTD

DISTRIBUIDORA MAYORISTA DE TORNILLOS DE 225 YUCATAN

FASTENERS MANUFACTURING

TONGHE HEBEI FASTENER XILIDE 324 MANUFACTURE METAL CO.,LTD MANUFACTURE CO.,

LTD 121 HANDAN

JIAXING322 SHUANGZI WANRUI TRADEMETAL CO., PRODUCTS LTD

CO.,LTD 320

Hebei 222 Chengyi Engineering Materials 325Haiyan Booming Co., Fastener Ltd. Co., Ltd. 220 YONGNIAN COUNTY 323 Jiaxing TIANBANG Xingxin FASTENERS Trade Co., CO., Ltd. LTD

321

Hebei Goodfix Industrial Co.,Ltd

Easy Right Fasteners

DISTRIBUIDORA MAYORISTA DE TORNILLOS DE 225 YUCATAN

223 Wujin Luoyang Yaoshengda Hardware Product Factory

Yuyao 424 Meigesi Fastener Co., Ltd

221 METAL 320

425

BOLTUN CHIEN TSAI 523

114

115

214

HAI YAN JIN ZHU SCIENCE CO.LTD

217Haiyan

114

Fábrica de Tornillos Easylink

Sanshun Trade Co.,LTD 215 Jiaxing

622

115314HAI Dyshine Industry YAN Co., JIN Ltd. ZHU SCIENCE CO.LTD

CO.,LTD.

416 Zhejiang Atlas Expo Co.,Ltd

Sanshun 417Zhejiang YouBang Trade Standard Parts Co.,LTD Co.,Ltd.

414

Jiaxing 215 415 Zhejiang

315

VIDEX214

Fábrica MACHINE de ENGINEERING LTD Tornillos Easylink

REMACHES VALENCIA

Jinling Atlas Hardware Expo Technology Co.,Ltd Joint Stock Co

Better 410 Fasteners (Shanghai) Co.

411 JIASHAN

BOLTUN

FASTENERS

525

524

425

624

CHIEN TSAI

FANG SHENG

523

622

519

316

JIAXING NINGBO516 UNI WEIFENG FASTENER CO.,LTD CO.,

317

CO.,LTD

LTD

514 Dongguan Grand Metal Company Limited

Dyshine314 Industry Co., Ltd.

618

S.A. de C.V.

HAIYAN 517 HEBEI 616 HURRAS AGM YUETONG IMPORT&EXPORT HERRAJES FASTENERS Y CO.,LTD. MANUFACTURING 515 HANDAN

CITY AOBO IMPORT AND EXPORT TRADING CO.,LTD

TORNILLOS

Tyamsa Tornillos y Aceros Monterrey

VIDEX L&W MACHINE ENGINEERING LTD

417Zhejiang YouBang Standard Parts Co.,Ltd.

NINGBO516 WEIFENG FASTENER CO., LTD

414

415 Zhejiang Atlas Expo Co.,Ltd

514 Dongguan Grand Metal Company Limited

411 JIASHAN SH-KT INT'L TRADE CO.,LTD

510 NINGBO IFAR HARDWARE CO.,LTD

409 JIAXING YALAN FASTENER CO.,LTD

508 Linkwell Industry Co. Ltd.

REMACHES VALENCIA

618

S.A. de C.V.

416 Zhejiang Atlas Expo Co.,Ltd

614

315

NINGBO YI PIAN HONG FASTENER CO.,LTD

522 (YFS)

522 (YFS)

Tyamsa Tornillos y Aceros Monterrey

Haiyan Hengye Fastener Co., Ltd.

517 HEBEI YUETONG FASTENERS MANUFACTURING CO.,LTD

616

AGM HERRAJES Y TORNILLOS

515 HANDAN

CITY AOBO IMPORT AND EXPORT TRADING CO.,LTD

614

L&W

H

H

Jinling Hardware Technology Joint Stock Co

FangQuan 316 Automotive JIAXING UNIFasteners CO.,Ltd CO.,LTD

217Haiyan

ZHEJIANG 420 KETENG PRECISION MACHINERY CO., LTD

Easy Right Fasteners

110 Sujeauto S.A de C.V

111 ZHEJIANG CHAOBOER HARDWARE CO.,LTD

Jiaxing 210 Chiayo Import and Export Co.,Ltd.

109

Jiaxing208 CNS Metal Co., LTD

TANDL

108

KEYENCE MEXICO 107 FAST RITE INTERNATIONAL DE MEXICO 105QIFENG PRECISION INDUSTRY SCI-TECH Corp.

209

311

PATTA International 111 Limited. ZHEJIANG CHAOBOER HARDWARE CO.,LTD

110 Sujeauto S.A 206 de AOZHAN C.V INDUSTRIAL

109

CO.,LTD.

TANDL

108 204

Deacero KEYENCE Summit

MEXICO

209

Jiaxing 408 Chinafar Standard Parts Co., Ltd

105QIFENG PRECISION INDUSTRY SCI-TECH Corp.

INDUX

Jiaxing208 CNS Metal Co., LTD

511

508 Linkwell Industry

TAIWAN METIZ ALLIANCE

509

311

Better 410 Fasteners (Shanghai) Co.

608

RIVET

Limited

606

507

REXLEN 309JIAXING

PARTES DE MEXICO

AOZHAN INDUSTRIAL CO.,LTD.

Jiaxing 408 Chinafar Standard Parts Co., Ltd

CHUNWEI PRECISION INDUSTRY Tuercas 604 y CO. tornillos Báez LTD s.a

511

NINGBO S&D METALWORK CO.,LTD

Vanku 500 Metalworks (Zhejiang) Industrial Corp

204

Entrance 200

501Jiaxing Qimu Trading Co., Ltd

Haiyan 502 Longcheng Standard Parts Co., Ltd

610

TAIWAN METIZ ALLIANCE

509

608

KUO PINGOOD HSIAN

de

307 c.v

507

INDUX

Deacero Summit

Vega Industries, Inc.

610

NINGBO S&D METALWORK CO.,LTD

HI KUO PINGOOD HSIAN

206

H

101

BEIJING102 JINZHAOBO HIG STRENGTH FASTENER CO.,LTD

409 JIAXING YALAN FASTENER CO.,LTD

510 NINGBO IFAR HARDWARE CO.,LTD

505 MICRO

H

060 惠達雜誌

AYA 100 Fasteners (Hebei) Co., Ltd.

SH-KT INT'L TRADE CO.,LTD

Co. PATTALtd. International Limited.

200 Vega Industries, Inc.

H

BEIJING102 JINZHAOBO HIG STRENGTH FASTENER CO.,LTD

CHUNWEI Chiayo PRECISION Import INDUSTRY and CO. LTD Export Co.,Ltd. 307

Limited

JM 600 Tor Par

606

REXLEN

H

101

Jiaxing 210 JIAXING 309

107 FAST RITE INTERNATIONAL DE MEXICO

AYA 100 Fasteners (Hebei) Co., Ltd.

HI RIVET

H

Hardware & Fastener Components - no.59/2023

216

GEM-YEAR INDUSTRIAL CO., LTD.

FangQuan Automotive Fasteners CO.,Ltd

216

GEM-YEAR 317 INDUSTRIAL HAIYAN CO., HURRAS IMPORT&EXPORT LTD.

Co.,

NINGBO YI PIAN HONG FASTENER CO.,LTD

WEI-I

METAL

H

117Zhejiang

117Zhejiang

Xingxin Trade Haiyan Co., Hengye Ltd. Fastener

321 624 Ltd.

519

116 116

Suzhou Ruibo 422 Machinery and Electronics Co., Ltd

323Jiaxing

525

SHENG

ZHEJIANG 420 KETENG PRECISION MACHINERY CO., LTD

Yuyao 424 Meigesi Fastener Co., Ltd

Booming Fastener Co., Ltd.

JIAXING322 WANRUI TRADE CO., LTD

FASTENERS Hebei FASTENERS 524 Goodfix WEI-I MANUFACTURING Industrial FANG Co.,Ltd

Suzhou Ruibo 422 Machinery and Electronics Co., Ltd

325Haiyan

METAL MANUFACTURE CO., LTD

H

TOK 122 Industrial Supplies SDN BHD

HANDAN 123

HEBEI XILIDE 324

HANDAN 224 XIAOJUN FASTENER MANUFACTURING CO., LTD

601

JIASHAN ORIK MACHINERY CO.,LTD.

505 MICRO

PARTES DE MEXICO

Tuercas 604 y tornillos Báez s.a de c.v

Only Taiwanese exhibitors exhibiting through Taiwan's exclusive agent Fastener World are listed. 為了方便統計準確，上述台灣扣件展團名單以有向本展 台灣總代理商匯達公司報名為準。 500 501 502 JM 600 601 Vanku Metalworks (Zhejiang) Industrial Corp

Jiaxing Qimu Trading Co., Ltd

Haiyan Longcheng Standard Parts Co., Ltd

Tor Par

JIASHAN ORIK MACHINERY CO.,LTD.

H

Preshow Feature of Fastener Fair Mexico 2023 >> Taiwan agent:

匯達實業有限公司

booth 519 Welcome to foreign@fastener-world.com.tw

Established in 1987, Fastener World Inc. is a worldrenowned marketing media for fasteners, hardware, and industrial components industries. With a team of over 30 years of experience in offering the global industry the most effective marketing solutions and the combination of printed magazines, online B2B platform, representation of leading int’l trade shows, and instantaneous business info service, Fastener World provides the industry with diversified marketing approaches to promote their brand awareness and boost order intake.

Our publications include: -Fastener World Magazine Bimonthly Edition (released every Jan/Mar/May/Jul/Sep) + Fastener World Magazine Buyers’ Guide (released every Nov) -China Fastener World Magazine (released every Feb/ Jun/Oct) -Hardware & Fastener Components Magazine (released every Feb/May/Aug/Oct) -Emerging Fastener Markets Magazine (released every Aug) -Fastener World Europe Special Edition (released annually) For more info, please visit our website at www.fastener-world.com

425

WEI-I INDUSTRY CO., LTD. 韋奕工業股份有限公司 petrina@weii-nut.com.tw www.weii-nut.com.tw

Hardware & Fastener Components - no.59/2023

We are an IATF-16949 certified manufacturer located in Kaohsiung, Taiwan. Specialized in forming non-standard nuts for the automotive industry. Our nut size is from M3 to M36 with the overall length up to 105mm. Our nut formers apply short punching distance, suit the part with 0.5~2 times of O.D.. Available materials include carbon steel, alloy steel, stainless steel, brass and aluminum. We’ve had experience in working with the aerospace industry by supplying parts in plain or blank condition. The material types we could work on are 302, 316Ti, 347, A286, and so on. We manufacture special nuts per customer design by cold forming and secondary operations. The majority of our products are supplied to the automotive and aerospace industries, PPAP document is available.

507

REXLEN CORP. 連宜股份有限公司 marketing@rexlen.com.tw

www.rexlen.com.tw

Rexlen Corporation was founded in 1977, with great experience and knowledge of this sector. The headquarters is located in Kaohsiung (Taiwan), and we have TAF Certified QC Labs and manufacturing subsidiaries in both Taiwan and China. Our company has been certified by: * IATF-16949 (from the factory) * ISO 9001:2008 (TUV Rheinland). * TAF certification (from our own QC labs.) We offer the products with competitive prices, timely delivery and satisfied services to the United States, European countries, Australia..., etc. Our strength products include cold forging, hot forging, CNC machined, machine screw, rubber and plastic parts, type TT and self tapping screws, teks screws, and roofing screws. We are able to offer not only standard parts, but also custom parts and are able to meet customers' requirements. 惠達雜誌

061

Preshow Feature of Fastener Fair Mexico 2023 >>

509

KUO HSIAN FASTENER ENTERPRISE CO., LTD. 國翔實業有限公司

kuohsian.sales@gmail.com

www.kuohsian.com

Kuo Hsian Fastener was founded in 2016 and is located in Gangshan Dist. of Kaohsiung. We offer fasteners made in Taiwan according to DIN standards. Besides, we also make custommade parts upon our customer’s request and according to special applications. Main Products: DIN931/933/6921/603/571, ISO 4014/4017 with CE marking (EN15048-1), wheel bolts, hammer head bolts, automotive parts, Silo bolts.

Product spec range: M3~M24 Material: Carbon Steel/Stainless Steel Finish:CR3+ZY, CR3+ZP, Geomet, Delta Coating, H.D.G., Mechanical Zinc Plating.

Patch: Nylon Patch/3M/Precote/Dri Lock

522

FANG SHENG SCREW CO., LTD. 芳生螺絲股份有限公司 erie@mail.yfs.com.tw www.yfs.com.tw

Since its establishment in 1978, Fang Sheng Screw Co. (YFS) established a domestic and foreign distribution network. YFS has continuously upgraded and integrated its manufacturing process. Starting from acid pickling, annealing, wire drawing, forming, thread rolling, heat treatment, and packaging are all manufactured and integrated within the YFS factory. YFS also transformed into a manufacturer of customized special screws for automobiles, trucks, highspeed railways, and heavy machinery industries. YFS provides high tensile 12.9 grade socket screws, button heads, and countersunk screws not only limited to metric size. YFS supports inch size standards such as ASME B18.3, and also provides customized special screws for automobiles, trucks, high-speed railways, and heavy machinery industries.

523

CHIEN TSAI MACHINERY ENTERPRISE CO., LTD. 鍵財機械企業股份有限公司

Hardware & Fastener Components - no.59/2023

jiancai@jiancai.com.tw

www.jiancai.com.tw

Chien Tsai Machinery was founded in Taipei in 1973 by Mr. Chen Chien Tsai. Chien Tsai Machinery is able to thread screws of the diameter of 1.0mm to 38.0mm with a thread length up to 600mm. Products are exported globally around the world, but not limited to, the mainland China, Japan, Europe and Americas. Chien Tsai Machinery expanded its scale in 2017, acquiring another 30 acres of land in Jiashan, Zhejiang, establishing Zhejiang Jiancai Machinery Co., LTD. Our company has passed the ISO9001, ISO14001, and ISO45001 certifications. Chien Tsai Machinery is one of biggest thread rolling machine manufacturers in the world. CT has over 50 years’ experience in thread rolling machines. We are your best choice.

524

METAL FASTENERS CO., LTD. 法斯訥企業有限公司 sales@fasteners.com.tw

www.fasteners.com.tw

MF can supply professional sheet metal self-fastening parts and injection molded nut parts according to market demand and customer needs. We can provide customized products according to customer requirements for various non-standard screws. New business philosophy, providing excellent products and services that meet customer needs.

MF is your best choice and a supplier for self-clinching fasteners and brass inserts located in Taiwan, because we offer best quality, on-time delivery and competitive prices.

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Preshow Feature of Fastener Fair Mexico 2023 >>

525

BOLTUN CORPORATION 恒耀工業股份有限公司 sales@boltun.com.tw www.boltun.com

Boltun is one of the leading manufacturers in metal parts for industrial use in Taiwan, providing a wide range of products from automotive fasteners and components, stamping parts, and wind turbine fasteners. Established in 1988 in Taiwan, Boltun has invested in-house production including forming, tapping, stamping, CNC machining, heat treatment, washing, assembling, and automatic packing. Boltun is also accredited with a number of certificates such as IATF 16949, ISO 9001 and ISO 14001, and ISO-17025 to cover most of the quality testing in house.

Boltun has been a leading supplier in metal parts aiming at industrial usage. We supply a broad range of products, encompassing standard to engineered cold forged parts.

608

PINGOOD ENTERPRISE CO., LTD. 品固企業股份有限公司 sales@pingood.com.tw

www.pingood.com.tw

Since 1982 Pingood Enterprise has been specialized in mechanical plastic injection molded mini parts.

-3 company owned plants, 1 in Taiwan and 2 in China -More than 15,000 SKUs standard ready parts -Specialized in custom parts as well.

-ISO 9001, IATF 16949, ISO14001 qualified -Green procurement of sources: Meet RoHS, REACH, Implement to Halogen Free -Environmentally friendly (energy saving by using solar energy) -Facilities (in-house tool shop, injection line, automated processing)

610

TAIWAN METIZ ALLIANCE 羅斯德股份有限公司

Hardware & Fastener Components - no.59/2023

info@rgt.tw

www.tooling.tw

Taiwan Metiz Alliance, for more than 20 years, has produced and supplied tooling to the biggest fastener producers from all around the world. Our dies and punches are produced using the highest technologies and the most quality materials such as imported Japanese steels and carbides, which allows our tooling to have reliable stability in combination with a long lifetime and reasonable price. Additionally, we have a department, which is focused on offering service for developing turn-key fastener production lines. We want to meet professional partners and will support your organization in all possible ways.

614

L & W FASTENERS COMPANY 金大鼎企業股份有限公司 king-lin@lwfasteners.com.tw

www.lwfasteners.com.tw

L&W Fasteners Company was founded in 1992 and located in Tainan, Taiwan. We are a professional fastener manufacturer of constructions, machines and general industries. The mission of L&W is to bring more additional value-added services to customers through our professional inspectors and experienced sales teamwork. L&W is a reliable fastener supplier that can satisfy your market needs and we have a strong logistics operation team. Welcome to our booth.

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Special Feature >>

Hardware

Innovation Alley 五金新品大道

Sealed Head Ratchets

co

密封頭棘輪扳手

mp ile

DEWALT announced two new sealed head ratchets: the 20V MAX* XR® 3/8 in. and 1/2 in. (DCF510) as well as the XTREME™ 12V MAX* 1/4 in. & 3/8 in. (DCF500). The ratchets are ideal for automotive, electrical and mechanical as well as maintenance, repair and operations (MRO) professionals.

d by s Fa te ne or rW ld

The new Sealed Head Ratchets are designed with features in mind for our user’s most demanding jobs. The innovative sealed head design and glass-filled nylon tool housing helps provide protection against oils and automotive solvents meeting the needs of pros across industries on any jobsite.

The new interchangeable anvil design allows users to quickly switch between square drives in both models in addition to a 1/4 in. quick change hex with the XTREME™ 12V MAX* model to complete a variety of applications. The lowprofile head offers accessibility in tight workspaces, while the variable speed trigger and forward/reverse switch allow users to quickly change speed and direction to maximize productivity. The ratchets also feature a trigger lock that helps prevent accidental activation and an onboard LED work light to help illuminate dark areas.

Pneumatic Torque Wrench Series

Hardware & Fastener Components - no.59/2023

SPX FLOW氣動扭矩扳手系列 SPX FLOW’s Bolting Systems has released a new line of NRP Series Pneumatic Torque Wrenches designed to provide customers with high-duty performance, quality materials and a lower cost of ownership. The points to note include: • The NRP Series of Pneumatic Torque Wrenches offer five models, which generate torques up to nearly 4,500 lb-ft (6,000 Nm).

• The new additions complement the brand’s existing range of hydraulic torque wrenches, including the TWHC, TWLC and TWSL series.

• The NRP series offer fast, continuous nut rotation, ideally suited to wind energy, automotive assembly and maintenance/repair operations.

• Designed with ease of use and operator safety in mind.

• A pistol grip design for easy handling and a fully rotatable drive unit.

• Robust, non-impact transmission that ensures quiet operation with low vibration, which provides greater operator comfort.

• An automatic switch-off function at the desired torque, establishing reliable and repeatable operation.

066 惠達雜誌

Micro Torque Wrench with Macro Features 功能廣泛的微型扭矩扳手 The new 1/4” Drive Flex-Head TechAngle® Micro Torque Wrench from Snap-on features a 25 percent increase in torque range compared to the previous model.

Designed for precision, the ATECH1FS300 now provides a torque range of 15-300 in-lb with an accuracy of ±2% clockwise and ±3% counterclockwise. This compact (11.6” L x 0.90” dia.) tool offers six measurement modes and four alert modes, including LCD, LED, vibratory, and audible alerts for complete torque control. It also features dual progressive LEDs for visualizing active torque and a patented flexyoke design for better access to fasteners, perfect for tight recesses and close-clearance applications.

With a unique torque-then-angle mode, this wrench allows users to torque fasteners and switch to angle without removing the tool, offering unparalleled convenience. The textured grip ensures a comfortable, non-slip hold, and a flared end that prevents slipping during highleverage applications. Weighing in at only 0.93 lb, the ATECH1FS300 operates with a single AA battery and includes a two-year warranty.

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Hardware & Fastener Components no.59/2023 067

Special Feature >> Share Cross Drive Recess for Bits of Similar Sizes 可共用起子頭的十字溝「Share Cross」 In manual fastening and loosening of screws at construction sites and other workplaces, it is time-consuming to change bits for each screw drive recess, which causes users to disassemble and assemble with a bit that does not fit the recess, thus resulting in a collapsed recess.

To solve this problem, Nitto Seiko (Japan) has developed a “Share Cross” that can be used with bits of similar sizes. “Share Cross” is suited for various types of fastening and improves work efficiency in manufacturing operations.

“Share Cross” is a small cross-recess with another large cross-recess superimposed on it, so that bits of similar sizes (e.g., #2 or # 3) can be used on the same screw head recess. The structure is such that the drive surfaces for transmitting torque can be shared, which achieves optimum fit of the bit and maximizes performance.

FAZ II Plus Bolt Anchors FAZ II Plus錨栓 Fischer has lau nched t he FA Z II Plus bolt a nchor for construction projects. The new product has a higher assessed tensile load-bearing capacity and material strength than the previous generation. The setting process (M8-M24) does not require cleaning the drill hole. This anchor is approved for different types of construction materials, including concrete, sand-lime brick and steel fiber-reinforced concrete. A service life of 120 years allows the anchor to be used for various applications.

Yellow Trivalent Chromate Plating 黃色三價鉻酸鹽電鍍

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At present, trivalent chromates include chromates, unichromates and black variant (chromates are silver white), but they have never appeared yellow like hexavalent chromates. In the past, hexavalent chromium plating was mostly used for yellow colored products.

However, in light of the global environmental issues, Heiwa Kaken (Japan) has developed a surface treatment technology that can give a yellow or red color like hexavalent chromate does, even on trivalent products.

FAZ II Plus was made for transferring high static and medium dynamic loads in cracked and non-cracked concrete. The anchors are designed for use in sand-lime brick (except for dynamic applications). A European Technical Assessment (ETA) provides added safety. The new ETA confirms the application of diameter versions M16-M24 in galvanized and stainless steel materials for dynamic loads. This requires fewer fastening points and anchors per application and project.

Characteristics of Trivalent Yellow: * Giving a yellow or red interference color as does hexavalent chromate! * Corrosion resistance is equivalent to trivalent chromate: 72 hours without white rust, 120 hours without red rust! * No hexavalent dissolution will be detected! * Used together with trivalent chromate to distinguish minor differences in size and threads.

068 惠達雜誌

JOISTUD Clinching Stud Bolt JOISTUD壓鉚螺柱 Nitto Seiko (Japan) conducted research using manufacturing and dies making technologies to develop JOISTUD-HT with high anti-rotation capability, JOISTUD-SS with space saving function, JOISTUD-WP with water resistant function and JOISTUD-S with high strength. JOISTUD-WP is a product with water resistant function. Like JOISTUD-S, JOISTUD-HT can be simply pressed onto fastening elements to achieve higher product quality than ever before, providing strong support for customers’ production.

While conventional clinching stud bolts has an evenly thick leaf-shaped protruding anti-rotation part, the JOISTUD series has an anti-rotation protruding part with a ring design only on the edge of the leaf.

The anti-rotation part is also designed to prevent buckling of the fastener. In addition, the groove inside the anti-rotation protrusion can accommodate the fastener that is deformed during pressing, preventing the deformed part from protruding toward the screw and forming burrs, and increasing the anti-rotation capability in the rotation direction.

Hardware & Fastener Components no.59/2023 069

Industry Focus >> Compiled by Fastener World Updated on Aug. 2, 2023 Monetary unit in millions

Financial Reports of Fastening Tool Companies 緊固工具大廠財報 Taiwan (NTD) Company

Financial Year

Net Sales

Gross Profit

Operating Income

2022

448.763

208.649

122.476

161.241

127.252

2021

444.335

206.082

134.400

120.173

96.278

Change (%)

+0.9

+1.2

-8.8

+34.1

+32.1

2022

285.107

42.587

---

(27.498)

(27.498)

21

265.553

30.381

---

(135.570)

(135.570)

+7.3

+40.1

---

---

2022

3,365.416

876.139

---

(41.334)

(66.343)

2021

2,932.537

877.190

---

37.746

12.876

Change (%)

+14.7

-0.1

---

---

---

2022

904.420

297.551

---

229.937

180.826

2021

809.997

232.118

---

155.503

124.612

Change (%)

+11.6

+28.1

---

+47.8

+45.1

(Jenn Feng Industrial Tools) Change (%)

Pre-tax In- Net Income come (Loss) (Loss)

2022 vs.

2021 Total Assets 985.073 vs.

582.575 293.814 vs.

312.246 8,010.453 vs.

7,716.585 1,362.907 vs.

1,139.216

U.S.A (USD)

Hardware & Fastener Components - no.59/2023

Company

Revenue

Gross Profit

Operating Income

Pre-tax Income

Net Income

2022

5,916.3

2,325.6

817.3

742.2

608.5

2021

5,152.4

1,988.5

565.7

513.0

565.0

Change (%)

+14.8

+16.9

+44.4

+44.6

+7.6

2022 vs.

2021 Total Assets 14,765.9 vs.

15,154.5

Europe Company

(EUR)

(CHF)

070 惠達雜誌

Financial Year

Gross Profit

Operating Income

Pre-tax Income

Net Income

2022

1,032.5

87.4

59.8

2021

927.4

81.8

58.6

Change (%)

+11.3

+6.8

+2.0

2022

6,347

668

561

2021

5,978

805

673

Change (%)

+6.1

-17.0

-16.6

2022 vs. 2021 Total Assets ---

7,426 vs.

7,469

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Industry Focus >> Japan (JPN)

Hardware & Fastener Components - no.59/2023

Company

072 惠達雜誌

Financial Year

Revenue

Operating Profit

Ordinary Profit

Net Profit

2023

6,718

1,484

1,534

1,079

2022

5,754

1,120

1,197

820

Change (%)

+16.8

+32.5

+28.1

+31.6

2024 Prospect

7,500

1,580

1,610

1,111

Change (%)

+11.6

+6.4

+4.9

+2.9

2023

8,396

793

826

593

2022

7,940

733

759

505

Change (%)

+5.7

+8.3

+8.9

+17.5

2024 Prospect

9,300

880

900

630

Change (%)

+10.8

+10.9

+8.8

+6.1

2023

5,950

484

493

314

2022

6,099

383

391

224

Change (%)

-2.4

+26.4

+25.9

+39.9

2024 Prospect

6,610

510

510

315

Change (%)

+11.1

+5.2

+3.4

+0.1

2023

764,702

28,246

23,887

11,705

2022

739,260

91,728

92,483

64,770

Change (%)

+3.4

-69.2

-74.2

-81.9

2024 Prospect

680,000

55,000

47,000

33,300

Change (%)

-11.1

+94.7

+96.8

+184.5

2023

9,656

2,108

2,131

1,475

2022

9,524

2,111

2,156

1,522

Change (%)

+1.4

-0.1

-1.2

-3.1

2024 Prospect

9,870

1,820

1,830

1,220

Change (%)

+2.2

-13.7

-14.2

-17.3

2023

42,799

2,436

2,394

1,390

2022

39,358

3,041

3,007

2,040

Change (%)

+ 8.7

- 19.9

- 20.4

- 31.9

2024 Prospect

42,000

2,150

2,100

800

Change (%)

- 1.9

- 11.8

- 12.3

- 42.5

2023

6,800

1,222

1,266

866

2022

6,446

985

1,086

692

Change (%)

+5.5

+24.0

+16.6

+25.1

2024 Prospect

7,980

1,450

1,480

1,000

Change (%)

+17.3

+18.6

+16.8

+15.4

2023 vs.

2022 Total Assets

9,865 vs.

8,375

14,705 vs.

14,314

8,773 vs.

8,307

1,099,351 vs.

1,007,497

18,857 vs.

17,874

30,455 vs.

28,774

11,345 vs.

9,972

Company Focus >>

B

eginning as a bicycle parts manufacturer in 2017 in Caotun Township of Nantou County (central Taiwan), Yaowei is a rising star in the CNC machining industry. The founder Mr. Peihui Li learned machining and lathe since he was young. With more than 20 years of experience in composite processing includ ing t u r n ing, m ill ing, a nd lat he machining, he is a diligent business owner pursuing exquisite and high precision parts.

Soon after the establishment, Yaowei quickly expanded from bicycles to motor vehicles, hydraulics, hand tools, medical, aerospace, automotive parts, and special parts. They expect to go through the ISO 9001-2015 certification by yearend. "Our machining skills are recognized by many clients. The ISO certification will allow us to show our quality to more domestic and overseas customers,” said Mr. Li.

曜維精密工業 複合式加工技術 內徑精密度可達 0.007mm

Yaowei Precision Industry

0.007mm Inner Diameter Tolerance by Virtue of Composite Machining Technique Contact: Mr. Pei-hui Li Email: peihuei@yaowei-tw.com

One of Yaowei's features is that they can provide both OEM and ODM services.

Especially in ODM, they can cater to clients’ demand for "hard-to-process parts" by discussing product design in the product development phase, saving the unnecessary time wasted on both parties during the manufacturing process. Furthermore, they can offer excellent dimensional tolerances dow n t o 0.01m m O.D. a nd 0.0 0 7m m I.D. while achieving high yields. Mr. Li emphasized he is pa r ticula r about the products being smooth, burr-free and as close to perfect as a work of art, without scratching users’ hands. For example, the dental screws they handle feel smooth without apparent lathe lines.

Hardware & Fastener Components - no.59/2023

They use Swiss Type CNC Lathes with excellent turning and rigidity performance, and provide frequent training for employees.

An ERP system is introduced to optimize the manufacturing process by digitized order processing. For quality control, they use Japanese inspection equipment from Keyence and Mitutoyo. "To me, there’s only room for doing better in parts machining.

Grey zones are out of the question,” said Li, requiring his employees to be proficient in measurement and on-site inspection, besides using the inspection equipment as a supplement.

On Yaowei’s future, Li said the way to success in today's turbulent times is to cross industry borders. The only thing unchanged is the intention he started with— to develop the market in high precision and high-end industries.

Article by Dean Tseng, Fastener World Copyright owned by Fastener World 惠達雜誌

073

聞 會新 協 與 產業 金 五

News compiled by Fastener World

Industry Development Association News STAFDA Announces ‘Excellence in Distribution’ Program 美國專業工具及扣件經銷商協會 （STAFDA）宣布“卓越經銷"計劃 For the past 23 years, STAFDA has been a co-sponsoring association of the University of Innovative Distribution, or UID, held each March in Indianapolis. It’s a four-day management school for professionals in distribution and the supply chain.

Hardware & Fastener Components - no.59/2023

However, at the end of February, the company managing UID terminated their contract, leaving the future of UID in limbo.

Because of the value and importance of this program, STAFDA is announcing its “Excellence in Distribution” school for all professionals in the construction and industrial space.

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“UID was originally called the University of Industrial Distribution and catered to our industry,” said STAFDA CEO Georgia Foley. “But a management decision was made to expand into other non-industrial channels of distribution and hence the name was changed from ‘industrial’ to ‘innovative.’ This is being reflected in UID surveys. Many people want a return to the core curriculum of distribution and the supply chain. They also want a shorter program and speakers to give their ‘best 90 minutes’ of coursework rather than a half day program dedicated to one subject.

“STAFDA is answering that call and filling that need with the ‘Excellence in Distribution’ program to be held March 12-14 2024 in Nashville,” Foley announced. “The 2.5 days of quality education at the Hilton Nashville will be taught by experts serving our industry covering key topics: outside sales, branch management, HR, profitability, warehousing and inventory, and trending topics like AI. All companies in the construction and industrial channel are encouraged to attend, not just STAFDA members. We’re all in this space together and ‘Excellence in Distribution’ is designed for the betterment of our industry.”

Registration will open in late November. 惠達雜誌

Hand Tools Market to Grow by USD 2.11 Billion from 2021 to 2026 2021至2026年手動工具市場將增長 21.1 億美元 The hand tools market is expected to grow by USD 2.11 billion from 2021 to 2026, according to market research firm Technavio. The market will progress at a CAGR of 3.96%.

The introduction of ergonomically designed hand tools is a major trend supporting the global hand tools market share growth.

There have been several innovations in the design and features of hand tools. Vendors are focusing on designing hand tools that improve the operational efficiency of commercial and industrial facilities. Several vendors are also focusing on improving the ergonomics of their hand tools to prevent accidents, which are common in industrial and commercial facilities while using hand tools. To reduce the number of accidents, organizations such as the OSHA and the ANSI have implemented regulations that specify the design and features of hand tools. Such regulations also improve the ergonomics of hand tools. Essentially, such innovations in the design of hand tools will drive the growth of the global hand tools market.

Hardware & Fastener Components World News >> Thailand and South Korea’s Power Tools Market to Grow 8.5% During 2021-2027 泰國和韓國電動工具市場將在2021-2027年間增長 8.5% Thai and South Korean Power Tools Market sizes are respectively projected to grow at a CAGR of 8.5% during 2021-2027. Attributed to the presence of a robust industrial sector in South Korea along with a rapidly growing residential sector, the power tools market in the country accounted for a major share of South Korean power tools industry.

However, the Thailand power tools market is projected to exhibit the highest growth rate on account of flourishing construction and industrial segments providing immense opportunities for the power tools demand in the country during the forecast period. This will help boost both Thai and South Korean power tools market share.

A rapid shift in consumer preference from hand tools to power tools on account of several factors such as better operational efficiency, durability, precision and convenience has resulted in significant demand for power tools in recent years. The majority of the demand for power tools in Thai and South Korean market could be witnessed in construction, industrial, and transportation.

Thai and South Korean Power Tools Industries are currently being dominated by electric power tools in terms of technology. Electric power tools are of two types, namely, corded and cordless. Electric-powered tools have revolutionized operational efficiency in the automotive industry as they save the time and efforts required for conducting various operations. Also, the introduction of powerful battery packs has resulted in the increased power of electric tools. In addition to these, the features such as light-weight and portability of electric power tools will help these tools to lead the market during the forecast period as well.

Malaysian Government Develops Strategic Roadmap to Accelerate Energy Transformation 馬來西亞政府正制定策略路線圖，以加速能源轉型計畫

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Malaysia has revised its Nationally Determined Contribution (NDC) to reduce greenhouse gases by 45% by 2030, Prime Minister Anwar Ibrahim said in his keynote speech at the Asian Energy Congress 2023. The country’s efforts to realize the NDC have been incorporated into the 12th Malaysia Plan (12MP) and the National Energy Policy 2022-2040 (NEP 2040).

The Malaysian government is in the process of developing several strategic roadmaps, including the National Energy Transformation Roadmap (NETR) and the Hydrogen Economy and Technology Roadmap. The most important of these is the National Energy Transformation Roadmap, which will be supported by the hydrogen economy and the Technology Roadmap and will pave the way for Malaysia to achieve environmental sustainability and long-term energy security through technological innovation. Both roadmaps are expected to be launched in the second half of 2023.

Meanwhile, Malaysia continues to recognize that natural gas plays an important role in the energy mix and is one of the cleanest hydrocarbons for the transition to a low-carbon economy. At the same time, the Malaysian government is committed to joining the Global Methane Pledge to reduce methane emissions by 30% by 2030.

Not Just the Next China, India to Become a Superpower Economy According to Research 不僅是下個中國！研調：印度將成為超強經濟體 Due to the U.S.-China technology war that continues to promote India in the international market position, the U.S. research institute Riedel pointed out that India is not the new China, that it will be in accordance with its own rhythm and pace forward. The institute is optimistic that India will be able to achieve high growth as a super emerging power.

CNBC reported that David Riedel, CEO of Riedel, prefers and is very optimistic about India over China because the Indian economy is much larger than China’s. In addition, he believes that India’s economy is likely to exceed expectations over the next

076 惠達雜誌

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Hardware & Fastener Components World News >> six months to two years, and he emphasized that “India, whether in the past or the future, is a very different country from China”.

However, India also has some problems to solve. India’s economy has long been stagnant in the middle-income level, and has not yet entered the ranks of high-income countries, but David Riedel believes that India will have the opportunity to achieve higher economic growth than expected in the future.

On the other hand, the economic outlook for China is a little bleaker. David Riedel predicts that China will not be as strong in the next five years as it has been in the past five years, as more and more foreign companies decide to move their supply chains and factories out of the country, resulting in more and more young people being unemployed in China, with the unemployment rate of young people between the ages of 16 and 24 climbing to a record high of 20.8% in May, according to statistics.

In addition, China recently released a series of lowerthan-expected economic data, from which we can see that its economic growth trend is gradually slowing down. In addition, China’s factory activity has been in contraction for the third consecutive month. China’s manufacturing PMI (Purchasing Managers’ Index) was 49 in June and nonmanufacturing PMI was 53.2, both a record low this year.

Vietnam to Start Construction of 5 Major Transportation Projects by the End of 2023

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越南2023年底前將動工興建5個重大交通工程 Uong Viet Dung, Director of the Office of the Ministry of Transportation of Vietnam, said on July 10, 2023 at a meeting on the Ministry’s first-half results and second-half work plan, that by the end of this year, the ministry will start five major transportation projects, including the crossroads connecting Cho Chu and Trung Son, a road connecting Rach Soi and Ben Nhat, a road connecting Go Giao and Vinh Thuan, an expressway connecting Hoa Lien and Tuy Loan, and Dai Ngai Bridge, passing through the roads of Ho Chi Minh City.

Director Uong said that in the first half of the year, the ministry has completed and started operating a number of major transportation projects to meet the demand for usage, including the expressway connecting Phan Thiet to Dau Giay, Vinh Hao to Phan Thiet, and Nha Trang to Cam Lam. In addition, the upgrade of the railroads from Hanoi to Vinh City and from Vinh City to Nha Trang City has been completed.

Indian Steelmakers May Be Mandated to Use Partial Capacity for Green Steel Manufacturing 印度鋼鐵企業可能被強制將部分產能用於生產綠色鋼鐵 Green steel refers to the production of steel without relying on any fossil fuels. Union Steel Minister Jyotiraditya Scindia hinted that the Indian government may make it mandatory for steelmakers to devote a part of their capacity to green steel manufacturing in the future. The government may also look at ways to ensure greater usage of the green steel in government projects as well, he added.

Scindia said the private sector steel users in India are actually moving towards committing to more and more green steel in their projects and also noted that some manufacturers have already launched branded green steel products. The minister said breakthrough tech nologies and disr uptive in novations like hydrogen-based steelmaking coupled with carbon capture, utilisation and store (CCUS) hold huge promise for the future.

He said India has emerged as the epicentre for the evolution and growth of the steel sector globally and has been able to achieve la ndma rks li ke production touchi ng 125 million ton nes a nd consumption growing over 11 percent in the last nine years. In 2022, even as the global finished steel production declined by 4.2 percent, India could post a 6 percent growth, he said, adding that per capita steel consumption has now increased to 78 kgs from 57 kgs in 2014.

The overall growth has made investors interested in the sector and the government in March. 57 pacts were signed with 27 companies under the production-linked incentive (PLI) scheme, which will add 25 million tonnes to the steel capacity, he said. The capacity addition will see investments of Rs 30,000 crore and also create 60,000 jobs, he added.

UK Signs Agreement to Join CPTPP, Effective as Soon as H2 2014 英國領先中台加入CPTPP

最快2024下半年生效

After nearly two years of negotiations, the British Minister for Business and Trade, Kemi Badenoch, officially signed to join on July 16th in New Zealand when participating in the ministerial meeting of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

This is the largest trade agreement since the UK left the European Union. In the future, more than 99% of UK exports to CPTPP countries will be exempt from tariffs, and together with the UK, the combined GDP of CPTPP countries will reach 12 trillion pounds,

078 惠達雜誌

Hardware & Fastener Components World News >> accounting for 15% of the global GDP. The agreement is expected to come into effect in the second half of next year after it passes the review and legislation of the British Parliament. Meanwhile, the CPTPP member countries are gathering information on other applicant countries, such as Taiwan and China, to determine whether they meet the high standards for membership.

New Zealand Subsidizes “Green Electricity Steelmaking”, Equivalent to Reducing Carbon Emission of 300,000 Cars 紐西蘭補助「綠電煉鋼」 相當於削減30萬 輛汽車行駛的排碳量 On May 21st, 2023, New Zealand announced the implementation of t he la rgest ca rbon reduction program in the country’s history.

T he gover n ment will spend US$140 million to subsidize the steel giant NZ Steel, which expects the steel mill in Glenbrook to switch from coal-based steelmaking to renewable electricity, a policy that the government says is equivalent to cutting carbon emissions from 300,000 running cars.

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“The grant program demonstrates the importance the New Zealand Government places on reducing carbon emissions as quickly as possible, and working with NZ Steel on this program will have significant environmental benefits and accelerate New Zealand’s decarbonization process. This partnership is only possible because of government funding,” said Prime Minister Higgins.

The New Zealand government mentioned that the US$140 million subsidy to NZ Steel was drawn from the Government’s Carbon Reduction and Transformation Industry Fund (GIDI). With a total amount of US$650 million, GIDI not only assists New Zealand’s R&D in carbon reduction technology, but also works with industry and government to reduce carbon emissions and accelerate the establishment of a zero-carbon energy system. If this carbon reduction program runs smoothly, it is estimated that New Zealand’s carbon emissions will be reduced by 800,000 tons per year, which is equivalent to removing the carbon emissions of all cars in Christchurch, the largest city in New Zealand’s South Island.

NZ Steel accounts for 2% of New Zealand’s annual greenhouse gas emissions. However, once this decarbonization program is achieved, it will reduce New Zealand’s total carbon dioxide emissions by 1%, help New Zealand achieve its Net Zero goal by 2050, and move towards the vision of “limiting global warming to 1.5 degrees Celsius”. Climate Change Minister James Shaw believes the program will help the government reduce its carbon tax bill in the long term, saying, “This program will reduce New Zealand’s carbon emissions by about 5.3% in the second phase of the carbon budget from 2026 to 2030, and by about 3.4% in the third phase of the carbon budget from 2031 to 2035.”

080 惠達雜誌

Companies Development Proxene Tools Applies for Listing on Taipei Exchange 伯鑫工具 申請上櫃 The main products of Proxene Tools from Taiwan are wrenches and other hand tools. Its export accounts for 81.91% of the total sales and domestic sales takes up 18.09%, with a revenue of NT$904 million in 2022.

Its product lineup includes adjustable industrial wrenches, industrial pliers, and industrial general tools. In addition to launching more functional and convenient adjustable wrenches in line with market development and customer demand, Proxene Tools plans to develop other pliers, such as quick push-button tube pliers, in order to complete its product lineup.

Proxene Tools applied for listing on Taipei Exchange on June 27th this year.

Sheh Fung Screws Expands Sales to the Auto Fastener Supply Chain 世豐打入車用 扣件 越南廠明 年首期貢獻6億 營收 Sheh Fung Screws reported good news that it shipped a small amount of car seat fasteners to Chrysler. It is also developing battery module fasteners. In addition, new product sales achieved good results with the cumulative order value reaching 70 million NTD from last October to this June. Its Vietnam plant will be completed at the end of this year, which is expected to start manufacturing standard products in Q1 2024 and sell to Europe.

The initial production capacity will be 600-800 tons per month, which is estimated to contribute NTD 600 million to Sheh Fung’s revenue a year.

Sheh Fung General Manager Kent Chen said that Taiwan’s fastener prices have gone down last year because of lower raw material prices. The beginning of this year saw a little raise, but the recent market showed the prices were down again. Customers will certainly wait and see, but he believes that the steel market has almost reached the low point. The prices could go lower but not too much. The third quarter of this year is the bottom; the fourth quarter can be better than the third quarter.

On the other hand, Sheh Kai Precision, a major manufacturer of composite screws, has benefited from the promotion of the solar industry by various countries this year, and orders for self-drilling screws are visible through the end of the year. Sheh Kai Precision believes that the uptrend will last at least for 2-3 years and has expanded its production capacity to 7 million pieces per month, aiming to raise it to 15 million pieces. Due to limited space at Sheh Kai Precision’s plant, Chen said he could rent the land of Sheh Fung Screws in Vietnam, and the two companies will combine resources of each other.

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Hardware & Fastener Components World News >> ND Industries Asia Successfully Develops Nickel-chromium Superalloys 穩得工業開發鈷基超合金材料 Specialized in material application technology, ND Industries Asia is the only company in Taiwan that has successfully developed cobalt-based, nickel-based as well as nickel-chromium superalloys that are resistant to high temperatures, wear and corrosion. The demand for heat, wear and corrosion resistant materials in Taiwan is increasing, but at present, most of these materials rely on imports, which not only results in high cost but also inconsistent lead times. In addition, raw material supplies fluctuate due to the war between Russia and Ukraine. It is expected that after ND Industries Asia obtains the certificate for the superalloy, the cost pressure of domestic wire rod manufacturers who have demand for cobalt alloy and cobalt-nickel alloy will be reduced.

Ingersoll Rand Names Matt Emmerich as CIO Ingersoll Rand任命 Matt Emmerich 為首席資訊長

Grainger Announces Plans for New Oregon Distribution Center Grainger宣布新建俄勒岡州經銷中心的計劃 Grainger, the leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, announced plans to open a 500,000-square-foot distribution center in Gresham, Oregon in 2025. The new Northwest Distribution Center will enhance customer service across the Pacific Northwest, providing the company with additional capacity to continue delivering best-in-class, next day complete orders across the United States. Grainger plans to break ground this summer.

Hardware & Fastener Components - no.59/2023

Grainger’s Northwest Distribution Center is expected to house more than 135,000 industrial supply items such as hand and power tools, heating, ventilation and air conditioning (HVAC) equipment, fluid power solutions, lighting, power transmission equipment, and motors. The company anticipates the new facility will employ approximately 80 team members when complete and over time employ more than 150 people.

Ingersoll Rand has appointed Matt Emmerich as senior vice president and chief information officer (CIO), effective July 17, reporting to Vicente Reynal, chairman, president and chief executive officer.

As CIO, Matt will lead the overall strategy and execution of the company’s global infor mation tech nology (IT) organization across technology operations, infrastructure, applications and information security. His leadership is critical to accelerating the company’s digital transformation and innovation strategies.

As a proven leader in IT, Matt has extensive experience in manufacturing, driving enterprise technology transformation and M&A integrations. In addition, he has leadership experience at scale in digital innovation, global market operations and cybersecurity. Prior to Ingersoll Rand, Matt served in various leadership positions at Polaris, including CIO and vice president, global digital & information services, and vice president of service, during his more than a decade tenure.

082 惠達雜誌

The building will be constructed on a vacant 48-acre parcel of land in an industrial area of Gresham, about 16 miles from Portland. In addition, the company is opening two bulk warehouses in Pennsylvania and Texas in September, plus a third in North Carolina in 2024, to enhance network operations, accommodate a growing product offer and serve more customers. This new facility is in addition to 10 other DC and branch locations that Grainger currently operates in the U.S. Pacific Northwest states of Oregon, Washington, Idaho and Montana.

Vossloh Secures Another Major Contract for the Delivery of Rail Fastening Systems in China 德國Vossloh獲新一波中國鐵道緊固系統大單 Vossloh has again received a major order to supply rail fasteni ng systems for t he construction of a high-speed line in China. The line connects the two cities of Xiong’an in Hebei Province in the north and Shangqiu in the central Chinese province

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Hardware & Fastener Components World News >> of Henan. The order has a sales volume equivalent to almost €50 million and underlines Vossloh’s continued strong market position in the important Chinese market.

With a planned route length of over 600 kilometers and speed of up to 350 km/h, this line will make a significant contribution to improving the mobility of the population and to the economic development of the region. The deliveries of the rail fastening systems will mostly take place in 2024.

“The contract is further proof of the trust and recognition we enjoy in China,” says Oliver Schuster, CEO of Vossloh AG, adding: “This order confirms our technological excellence and our ability to provide innovative and reliable fastening solutions that can withstand the highest loads. Vossloh has been making a significant contribution to the development of modern and sustainable transport infrastructure in China for 17 years now.”

The Chinese high-speed network currently covers just over 40,000 kilometers and is set to grow significantly further. By 2035 it is expected to have been extended to over 70,000 kilometers. The Vossloh Group is represented in China, among others, by its subsidiary Vossloh Fastening Systems China Co. Ltd. based in Kunshan. The company employs around 120 employees and is one of the leading local suppliers of rail fastening systems, especially for highly demanding applications on high-speed lines.

Acquisitions Bulten Enters into Agreement to Acquire Exim & Mfr Holdings Pte Ltd Bulten 將併購Exim & Mfr Holdings Pte Ltd

Hilti Plans Acquisition of 4PS Group to Expand Its Software Portfolio 喜利得計劃收購4PS集團以擴大軟體產品組合

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The Hilti Group is taking the next strategic step to further expand its software business and plans to acquire 4PS Group, which specializes in providing business ma nagement ( ER P) solutions for t he const r uction industry. Together, Hilti and the 4PS Group can strengthen their position to drive the digital transformation of the construction industry.

Founded in 2000 in the Netherlands, 4PS is a leading player in its domestic market and has expanded its presence to include the UK, Belgium and Germany. With over 70,000 daily users in the building construction, civil engineering and installation sectors. 4PS has gained a strong reputation for the breadth of its industry expertise.

Both parties have signed the acquisition agreements, subject to approval by oversight authorities. Hilti is committed to retaining the more than 350 team members, including management, in their current roles, where they will continue to develop new solutions. The shareholders of the company, Wim Jansen, André Overeem and Martin Westerink, will remain on the Board of Directors to support the integration in the coming years.

4PS Construct software, offers construction-specific functionalities that enable companies to manage the entire construction project life cycle. This allows construction companies to take control of their profitability by monitoring margins, forecasting results, controlling resources and planning effectively.

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Bulten has entered into an agreement to acquire all shares in Exim & Mfr Holdings Pte Ltd, an Asian, Singapore-based distributor of fasteners and other components, for a purchase sum of approximately SGD 66.3 million (SEK 530 million) on a cashfree and debt-free basis. The acquisition affords Bulten a good platform to grow in new sectors, where the distribution stage is a pivotal sales channel.

T he acquisition is exp e cte d to cont r ibute to Bu lten’s development and earnings, and to increase earnings per share.

Exim gives Bulten access to a large, broad customer base in growth sectors in a dynamic region. The acquisition is an important part of Bulten’s strategy, which aims for growth outside of the company’s primary customer group of automotive, and to improve risk diversification, as well as margins.

Anders Nyström, President and CEO of Bulten Group, comments: “Our strategy sets out a clear focus on balancing our sales through growth in customer groups beyond the automotive industry. The aim is for these to account for at least 20% of sales by 2025. The acquisition of Exim takes us into the distribution stage, which is a key to profitable growth in new sectors. Exim is a well-managed company with an international customer base and developed processes for distribution and Vendor Managed Inventory (VMI), which is suitable for industries with completely different purchasing patterns than Bulten has historically been used to. Exim’s base in Singapore is also highly attractive. It enables us to take advantage of the strong growth in that region, and we also see potential in using Exim’s sales network to increase sales for our factories in China and Taiwan. Exim will, together with Bulten’s rapidly growing business to consumer electronics customers, constitute the beginning of a new industrial segment.”

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Hardware & Fastener Components World News >>

B&F Fastener Supply Acquires Northern States Supply Einhell Germany AG: Further Growth Through Acquisition in Thailand 德國Einhell透過收購泰國業務實現進一步增長 On June 1st Einhell Germany AG, the leading manufacturer of cutting-edge DIY tools, took the next major step in pursuit of its long-term growth strategy with the acquisition of a 66.67 percent stake in Thai company Surazinsano Co. Ltd. Einhell has completed its entry into the Thai do-it-yourself market, which is the largest in Southeast Asia with turnover in the region of EUR 3.8 billion. The acquisition gives Einhell Group access to the Thai market and its local specialty retailers and DIY stores. Alongside the existing brands, Einhell will focus on driving both the introduction of the Power X-Change battery platform and the development of the e-commerce sales channel.

Ingersoll Rand to Acquire Howden Roots LLC from Chart Industries

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Ingersoll Rand將收購 Chart Industries公司旗下 的Howden Roots LLC公司

Ingersoll Rand, a global provider of industrial solutions, has entered into a definitive agreement to acquire Howden Roots LLC from Chart Industries for an all-cash purchase price of approximately US$300 million. Roots is a leading provider of low-pressure compression and vacuum technologies with approximately US$115 million in revenue.

This acquisition is expected to close in the third quarter 2023 upon obtaining required regulatory approvals. Upon close, Roots will join Ingersoll Rand’s IT&S segment.

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B&F Fastener Supply公司併購Northern States Supply公司 B&F Fastener Supply, a leader in the industrial and construction supply industry, ha s acqu i re d it s resp e ct e d , long-t i me competitor, Northern States Supply, to create a regional powerhouse distributor of both industrial and construction supplies in the Midwest.

Established in 1988, B&F is a fast-growing, strategic industrial supply distributor. Its longstanding customer-first culture has resulted in a best-in-class customer experience.

Northern States, founded in 1960, has a remarkable track record as a leading distributor of quality industrial and construction supply products with competitive pricing. Built on providing quality customer experiences and rooted in offering the best overall value, Northern States Supply will continue to operate under its name for the time being.

T he acquisition will enable bot h companies to join forces, strengthening their combined workforces, and offer an expanded product and service selection, including inhouse custom machining, in-house custom packaging, vending solutions, power tools, tool accessories.

The combined geographical reach for B&F Fastener Supply will range across Minnesota, North Dakota, South Dakota, Iowa, Wisconsin and Nebraska. Together, with nearly 300 employees and 21 locations, B&F’s footprint will be stronger than ever before.

Special Feature >>

Winners of Reddot, iF Design and Taiwan Excellence Awards 2023 2023 紅點設計獎 +iF 設計獎 + 台灣精品獎得主

Hilti SIW 6-22 / SIW 8-22 Both the weight and length of the Hilti SIW 6-22 and SIW 8-22 impact drivers have been significantly reduced in order to maximise versatility and convenience. According to the jury, the compact design makes the cordless impact drivers “extremely practical and easy to use”. The tools are not only equipped with durable, brushless motors, but also very well suited for use in confined spaces. The two speed levels allow for both fast and controlled work. An LED lamp gives the user a clear view of the respective workpiece.

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Manufacturer: Hilti Corporation, Schaan, Liechtenstein

Hazet SmartHolder The SmartHolder can hold numerous high-quality tools in a minimal amount of space. According to the jury, the design of the compact tool holder impresses with stylish aesthetics and the “use of materials with good tactile feedback, as well as wellthought-out functional details”, including printed pictograms that provide a good overview of the contents. The practical item is also easy to open: two strips slide apart by means of a push-button. Then the tools can be removed intuitively. When closed, however, all individual parts are held securely in place, thanks to a locking mechanism.

Manufacturer: HAZET-WERK, Remscheid, Germany

088 惠達雜誌

Waterson Self-Closing Swing Clear Hinge The Waterson Self-Closing Swing Clear Hinge combines the functions of a hinge and door closer in one unit. In compliance with accessibility regulations, it allows doors weighing up to 200 kg to be opened with a pressure force of just 2.5 kg (25N) and safely closed automatically after more than five seconds.

The L-leaf design also improves user mobility by enlarging door openings. The hinges are made of recyclable stainless steel using an investment casting process.

“An innovative contribution to improving the quality of life of people with and without impairments,” the jury said.

Manufacturer: WATERSON CORP., Douliu, Taiwan

Special Feature >>

SW Stahl Ideallinie Series For the SW Stahl Ideallinie Series, a c r oss-p r o duct desig n la ng uage and colour palette were developed t hat a re intended for t he bra nd’s entire automotive tool portfolio, are transferable to a wide variety of tool types and generate a high recognition value. Defined contours and surfaces, as well as a high-quality finish, ensure a professional appearance. Symmetrical lines, along with separations between plastics with dif ferent degrees of hardness, ensure an iconic appearance.

T he jur y pra ised t he “successf ul, ha r mon ious i mplement at ion of a comprehensive design concept down to the smallest detail”.

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Manufacturer: SW-Stahl GmbH, Remscheid, Germany

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Handheld Nutrunner ITB-P (Integrated Controller Tensor Battery Tool – Pistol) The design approach in the development of the ITB-P is focused on the needs of the user in terms of safety and ergonomics. The compact design of the cordless nutrunner guarantees good accessibil it y to t he respect ive workpiece, even in hard-to-reach areas.

The advantageous weight distribution reduces strain on the wrists, while a wellpositioned display, along with optical and haptic signals for correct handling, allows for user-friendly operation. The jury was impressed with the fact that the ITB-P “successfully integrates aesthetic aspects into a tool that is excellently geared to practical requirements”.

Manufacturer: Atlas Copco Industrial Technique AB, Stockholm, Sweden

Special Feature >>

Multi-Purpose Plastic Anchor SHARK® TWIST The SHARK TWIST is a two-component, plastic, multi-purpose anchor. Combining both expandable and robust properties, it can adapt to various construction materials. When tightened, the anchor creates a high-load-bearing eightfold knot with a large contact surface that holds the screw securely in place. The user can easily insert the anchor flush into the drill hole without a hammer using only their fingers and then fasten the screw without any risk of overtightening. The anchor is compatible with a variety of screws, including wood screws and metric screw threads, which expands the range of applications. The jury was particularly impressed by this versatility, along with the “user-f riendly handling and reliability as a result of design innovation”.

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Manufacturer: Adolf Würth GmbH & Co. KG, Künzelsau, Germany

惠達雜誌

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Special Feature >>

ZEBRA Ratchet with 360° Rotating Handle The ZEBRA ratchet with 360° rotating handle is a reversible ratchet with a sleek design whose base body with matt chrome plating gives it a stylish appearance. The handle material offers superior resistance to aggressive substances. According to the jury, the “exceptionally user-friendly functionality of the tool” is particularly evident in its innovative gear mechanism. Turning the end of the handle causes the drive to rotate, making it easier to work in hard-to-reach places. In addition, a special locking mechanism increases safety and enables tool attachments to be changed quickly.

Manufacturer: Adolf Würth GmbH & Co. KG, Künzelsau, Germany

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The New EB - Battery Driven Torque Multiplier Easy, accurate and safe tightening and loosening of bolts with more than 200 Nm – 6.000 Nm. Continuous rotating, battery powered torque multiplier with a planetary gear box.

Bolted joints are used all over the world in various industries.

These bolts need to be loosened to repair or service machines, engines, other equipment or vehicles and need to be tightened again properly so that they can be put back to work. Customers are looking for mobile, flexible and safe solutions which are battery powered and can produce very high torque and accuracy.

092 惠達雜誌

Manufacturer: alki TECHNIK GmbH, Germany

Hilti SD 5000-22 / SMD 57 Cordless Drywall Screwdriver Our most powerful cordless drywall screwdriver now delivers up to 10% more torque to help you hang more drywall, wood boards and exterior sheathing. It also drives more screws per charge thanks to the brushless motor and high performance Nuron batteries. An in-line grip and LED light provide more comfort when hanging drywall all day. Same interface as its predecessor means the tool is compatible with current accessories – such as the improved SMD 57 Collated screw magazine with optimized strip feeding and slimmer design. An improved belt hook provides a more rigid and durable design, to better withstand harsh jobsite conditions.

Manufacturer: Hilti Corporation Liechtenstein

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Special Feature >>

NT1850DF / N1840DA Akku Stift Nagler (Serie 36 Volt / 18 Volt) Finish nailers are used by many construction professionals, mainly for installation of siding and moldings on house interiors. This finish nailer is cordless and doesn’t need a compressor, air hose, or gas cartridge. A unique air spring drive system utilizing internal compressed with a high-efficiency brushless motor achieves outstanding rapid-fire, and optimal design of the strike unit allows a more compact and lightweight nailer, for ease of use and less burden. Unlike existing gas combustion nailers, there’s no noise, smell or nailing failure due to temperature or atmospheric pressure, for a clean environment and high quality finish.

Manufacturer: Koki Holdings Co., Ltd. Japan

CXS 18 Cordless Drill Light, compact and impressively strong. The 18-volt CXS 18 compact screwdriver is your ideal helper for the most varied everyday work. A number of attachments find solutions for the most difficult applications – perfect also for narrow spaces or corners. Fast tool change is secured by the FastFix interface and the CENTROTEC system. Clever details like the bit holder, the light control and the lid compartment Systainer³ make the CXS 18 a compact powerhouse with practical special equipment.

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Manufacturer: FESTOOL Wendlingen, Germany

Snap-Lock Releasable Cable Tie Product features a. Patented. b. One-piece molded head can be attached to another and detached. c. Saving time from distinguishing mortises and tenons. d. Flat head saves spaces; tail tip is easy to pierce. e. 22kg guaranteed loop tensile strength.

Manufacturer: KAI SUH SUH ENTERPRISE CO., LTD. Taiwan

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Special Feature >>

Automatic Industrial Cordless Brushless Low Torque Battery Screwdrivers Series Adopting self-developed DC maintenance-free, high-efficiency brushless motor to avoid production downtime and volume. This series is widely used in server assembly, power controller assembly, electrical cabinet assembly, and auto EV parts assembly.

1. Labor saving design The unique elevation angle design makes it easier for users to align the tool with screws.

2. Built-in LED to improve users’ visibility Built-in LED can light up dark areas to improve user visibility to prevent injury, missing screw mistakes.

3. Brand new auto shut-off braking system

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Clutch shut-off time reduced by 33% and torque accuracy is improved by 15%.

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4. High-efficiency brushless motor H igh-ef f iciency br ush less motor secures that workpiece will not be contaminated by carbon dust.

5. Contactless switches We use contactless m icro switches to increase switches lifetime and avoid production downtime.

6. Rechargeable Lithium-ion battery Fast charging can be completed in 40 minutes.

7. The production plant is ISO 9001 certified Manufacturer KILEWS INDUSTRIAL CO., LTD. Taiwan

Special Feature >>

Nano Impact Sockets with Hex Shank The global awareness of environmental protection has increased and electric vehicles become more and more popular, so the demand for electric vehicle repair will also increase significantly. Conventional impact sockets are not suitable for electric vehicle repair, because there are more and more complicated electric vehicle electronic parts, and the repair space is small. Tien-I Nano Hexagonal Impact Sockets address this problem by reducing the length by 33% through cold forging machines and newly developed molds without sacrificing the effective torque space; and th rough the patented hexagonal unique structure, Tien-I Nano Hexagonal Impact Sockets can comply with wrenches instead of ratchet, which greatly improves the work efficiency and further reduces t he lengt h by 50%. I n addition, with the lightweight design, Nano hexagonal impact sockets weigh about 30% less than a traditional socket. Greatly increasing the service life by more than 10,000 times. The maximum torque is 30~50% higher than that of DIN.

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Patented space-saving external hex design

Shortened length

Eye-catching color band Manufacturer: Tien-I Industrial Co., Ltd. Taiwan

Compiled by Fastener World 惠達雜誌

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Industry Focus >>

Japan’s Automotive Industry Development and Opportunities Under Net Zero Trend 淨零碳排潮流下，

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日本汽車產業發展與機會

Net Zero and the Development of Electric Vehicle Industry

fueling stations, subsidy measures to promote the development of EVs, and the increase of subsidies for EVs.

In October 2020, Japan declared “Net Zero Emission by 2050” as its commitment to combat global warming. In April 2021, Japan set a new target of 46% carbon reduction by 2030 at the United Nations COP26 climate conference, and proposed the “2050 Net Zero Emission Green Growth Strategy”. In October of the same year, the Kishida Cabinet took office and continued to promote the necessary restructuring as well as R&D and innovations of the society and industrial sector under the carbon reduction policy, to strengthen the Joint Crediting Mechanism (JCM) with various countries, and to commit international collaboration in Asian energy transformation, striving to achieve the goal of net-zero emissions by 2050. The Green Growth Strategy formulates support policies for the energy industry, transportation manufacturing, and household life.

Under the net-zero emission target, the EU and the U.S. have formulated stringent Corporate Average Fuel E conomy St a nda rds (CA F E), constricting the room for survival of fuel vehicles.

Plus, the market share of electric vehicles has risen sharply from 2.5% in 2019, 4.5% in 2020, to 10% in 2021. From January to September 2022, fuel vehicle sales dropped by 4%, but the number of electric vehicle sales increased by 80%. The trend of market expansion has led European and American automobile manufacturers to invest in the electric vehicle market.

Japan’s non-electricity sector emits the most carbon in the transportation sector, with carbon emissions amounting to 200 million tons, more than 80% of which comes from vehicle emissions. The net-zero policy is implemented

by Japan Ministry of Economy, Trade and Industry (METI), the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) as well as the Ministry of the Environment (MOE). METI’s Green Growth Strategy, which was released on June 18, 2021, specifies that the sale of fossil fuel vehicles will be banned by 2035. Compared to Europe, where only electric vehicles can be sold, Japan can still sell hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles (FCVs) in addition to electric vehicles (EVs), and the policy provides support for research and development of related technologies, including energy storage batteries, hydrogen/ammonia fuel energy research and development, and so on. METI is also responsible for the implementation of policies on the installation of charging stations/hydrogen

With the room for survival of fuel vehicles rapidly shrinking and the rapid expansion of the electric vehicle market, the Japanese government and Japanese car makers have begun to adjust their strategies to cope with the situation. For example: (1) Toyota, which regards electric vehicles as a “transitional technology”, plans to use the e-TNGA modularized platform starting from 2021 to invest 8 trillion yens (about 70 billion U.S. dollars) by 2030 to develop 30 pure electric vehicle (BEV) models; (2) Japan’s Nissan, Mitsubishi, and France’s Renault are scheduled to invest 3 trillion yens, with the goal of launching 35 new EV models by 2030; (3) Consumer electronics and motor makers Sony

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Industry Focus >> and Honda are collaborating to develop VISION-S EV platform, with the expectation of launching new EV models by 2025.

Automobiles are an Important Manufacturing Industry in Japan

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According to the Cabinet’s statistics, in 2022, the production value of Japan’s automotive industry accounted for 18.9% of the overall manufacturing GDP, slightly higher than Germany’s 18.3%, lower than South Korea’s 25.4%. Japan’s manufacturing industry has not changed much compared to a decade ago, consisting mostly of automobiles and their components, industrial robots, semiconductors and machine tools.

The automobile industr y, for example, directly and indirectly employs 5.52 million people, accounting for 8.3% of Japan’s total workforce. The automobile and parts manufacturing industry is Japan’s core industry. Due to the global shortage of chips, the Japanese automobile industry produced 7.83 million vehicles of all types in 2022, including 6.56 million passenger cars and 1.27 million commercial vehicles.

The export value reached 140.6 billion U.S. dollars (179,970 billion yens), including 85.5 billion U.S. dollars (10,945.3 billion yens) for complete vehicles industry and 55.1 billion U.S. dollars (70,517 billion yens) for parts and components industry.

In addition to supplying the domestic market, the automobiles and components industry is an important export sector for Japan.

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Driven by international and domestic trends and pressures, Japan’s manufacturing industry is undergoing massive and structural changes. Japan’s electrification is extremely slow, and according to Japan Automobile Manufacturers Association (JAMA), in 2022, 34.2% of new vehicle sales were for hybrid vehicles, and only 0.5% were for purely electric vehicles, which is different from current international trends. The Climate Group’s report points out that if Japan fails to convert its new vehicles to 100% EVs by 2030, it could lose half of the global automotive market, resulting in the loss of 1.72 million jobs, a profit loss of about US$6 billion in 2040, and a loss of 14.4% of GDP momentum. These trends have also triggered the Japanese government and industry to actively seek policies and industrial strategies to stimulate the development of EVs. 惠達雜誌

With the shortage of automotive chips and Japan’s attempts to improve its core technological competitiveness, Japan has gradually strengthened its investment in the semiconductor industry, announcing the collaboration between TSMC and University of Tokyo in semiconductor research. The Japanese government will promote semiconductor investment valued more than 700 billion yens in November 2021, which includes 400 billion yens of subsidies for TSMC’s establishment of factories in Japan. Table 1 shows Japan’s overall economy and automobile industry.

Table 1. Japan’ s Overall Economy and Automobile Industry Items

2020

2021

2022

2023(e)

2024(f)

GDP(USD)

4.7 trillion

5.2 trillion

5.6 trillion

6.4 trillion

6.7 trillion

GDP Growth(%)

-4.5

1.7

2.0

2.3

1.5

Investment-to-GDP Ratio (%)

25.0

25.2

25.3

25.2

25.2

Population (Million)

125.6

125.4

124.8

124.7

124.4

39,890

44,571

45,884

51,809

53,667

546

547

552

546

548

7,846

8,352

8,620

8,955

9,343

Per Capita Income (USD) Automotive Industry Workforce (Per 10,000 People) Vehicle Ownership (Per 10,000 Vehicles)

Source: Industrial Technology Research Institute (ITRI) (2023/07)

Japan's Automobile Industry, Production and Sales In 2022, due to the continuing impact of chip shortage coupled with the spread of COVID, the stagnant supply of spare parts affects the performance of factory sales. Take Toyota Japan for instance, all 14 domestic plants containing 28 production lines, and 2 plants containing 3 production lines ceased production for several days because of chip shortage. Its 2022 sales growth rate fell by 5.5%, still maintaining the scale of 4.202 million vehicles, but showed two consecutive years of sales recession. The top three best selling car models are Honda-N BOX (202,000 vehicles), Daihatsu-Hijet (185,000 vehicles) and Toyota-Roomy (109,000 vehicles).

Japan Automobile Dealers Association (JADA) and Japan Mini Vehicles Association (JMVA) released the statistics for 2023 showing that the first quarter chips shortages have improved, and the supply of new vehicles is gradually stabilizing. Japan had 20.3% growth in domestic new vehicle sales in February 2023 compared to the same month in 2022; Out of Toyota’s 28 production lines at all 14 plants in Japan, only 1 production line of 1 plant was shut down in March. Sales in 2023 grew by 2.0%, and the market rebounded to 4.28 million units, reducing continuous sales decline. Figure 1 shows the forecast of Japan’s automobile sales market from 2021 to 2025.

Japan’s passenger car sales in 2022 were 3.449 million units, a decline of 6.2% compared with 3.674 million units in 2021, and down 0.5% in product share compared with 2021. The standard passenger car sales in 2022 declined 6.9%, small passenger car sales in 2022 declined 8.0% in 2021, and the mini passenger car sales in 2022 declined 3.9%.

Japan’s overall commercial vehicle sales were 748,000 units in 2022, a decline of 2.4% compared to 2021, but accounted for a 0.6% growth compared to 2021.

The standard commercial vehicle sales in 2022 fell 22.3% compared to 2021, small commercial vehicle sales declined by 8.5% compared to 2021, and the mini commercial vehicle sales grew by 9.7% compared to 2021. Sales of mini-commercial vehicles contributed to the overall growth in the share of commercial vehicles. In 2022, Japan’s

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Industry Focus >> Figure 1. Japan's Automobile Production and Sales Forecast 900

6.0%

800

4.0%

700

2.0%

600 500

0.0%

400

-2.0%

300

-4.0%

200

-6.0%

100 0

2021

2022

2023(e)

2024(f)

2025(f)

445.1

420.2

428

439.4

446.1

Vehicle Sales Volume (10,000 units)

783.7

783.6

807.9

822.4

840.5

Sales Volume Growth Rate (%)

-2.9%

0.0%

3.1%

1.8%

2.2%

Production Growth Rate (%)

-3.3%

-5.5%

2.0%

2.4%

1.7%

Vehicle Production (10,000 units)

-8.0%

Source: JAMA, Industrial Technology Research Institute (July 2023)

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bus sales were 0.4 million vehicles, a decline of 21.7% from 2021, and a decline of 0.1% in terms of market share. The sales volume of large buses grew 0.2% from 2021. The sales volume of small buses declined 26.9%.

Figure 2 shows the analysis of Japan’s automobile sales by product.

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In 2022, Japan’s automobile market ranking remained the same as in 2021, with local brands still dominating the market. Toyota, Honda, Suzuki, Nissan, Daihatsu, Mazda, Subaru, Mitsubishi among other brands accounted for 90.3% of the total market share, up 1.1% from 89.3% in 2021. In 2022, Toyota, the No. 1 brand in terms of market share, saw a 14.1% decline in sales landing at 1.06 million passenger cars, a 1.2% decline in sales of the commercial vehicle segment, and a 28.7% decline in sales of the bus segment, resulting in an overall sales volume of 1.248 million, a decrease of 12.3% compared to 2021, with a 2.3% decline in market share.

Suzuki in the second place sold 479,000 vehicles of passenger cars, down 3.6% compared to 2021. Its commercial vehicle sales volume was 124,000 vehicles in 2022, an increase of 11.0% compared to 2021, rendering the brand’s overall sales volume at 603,000 vehicles, a decline of 0.9% compared to 2021, and the market share grew by 0.6% compared to 2020.

Daihatsu at the third place sold 390,000 passenger cars, a declined by 7.1% compared to 2021, but its commercial vehicle sales volume increased by 21.7%. The overall sales volume was 576,000 units, an increase of 0.6% compared to 2021, driving the market share to increase by 0.8%, surpassing Honda. Figure 3 is the Japanese automobile manufacturers' market share analysis.

In 2022, Japan Auto Parts Industries Association (JAPIA) with 442 members announced that 102 major Japanese automotive parts manufacturers totaled a 惠達雜誌

Figure 2. Japan's Automobile Sales by Product (4.2 Million Vehicles Sold in 2022) 100 80 60 40 20 0

Passenger Car (%)

Commercial Car (%)

Bus(%)

2021

82.6

17.2

0.2

2022

82.1

17.8

0.1

Figure 3. Japanese Automobile Manufacturer's Market Share Analysis Sales Share of Japanese Automobile Brands in 2022 Mitsubishi, 2.2%

Other Brands, 9.7%

Subaru, 2.4%

Toyota, 29.7%

Mazda, 3.8% Nissan, 10.7%

Suzuki, 14.3%

Honda, 13.5% Daihatsu, 13.7% Source: JAMA, Industrial Technology Research Institute (July 2023)

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Industry Focus >>

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sales value of 215.83 billion U.S. dollars in 2022, up 1.1% from 2021.

Most of the automotive parts and components in Japan are mostly supplied to the Japanese domestic OEM assembly, accounting for 73.2% of the production of automotive parts and components, and 7.7% of the maintenance market, followed by t he supply to domest ic a nd fo r e ig n a u t o m o t ive b o d y wo r k which accounts for 19.1%. In the first half of 2023, Japan lifted its border restrictions and resumed normal economic activities, and led manufacturers to deploy in emerging countries to increase and coordinate the number of automotive components in stock.

T h e a u t o m o t i ve c o m p o n e n t s market in 2023 reached US$222.52 billion, a growth of 3.1% over the same period in 2022. Figure 4 shows the forecast of Japan’s auto parts sales value from 2021 to 2025.

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In 2022, Japan’s automotive parts and components exports were valued at US$55.17 billion, an increase of 2.1% over 2021, of which US$15.12 billion (27.4%) was exported to the U.S., followed by US$9.93 billion (18.0%) to China, US$4.91 billion (8.9%) to Thailand, US$2.81 billion (5.1%) to Indonesia, and US$2.65 billion (4.8%) to Mexico, with the top 5 exporting countries accounting for 64.2% of the total. The main exported items were, in order, other automotive parts and components accounting for 61.8%, pistons and connecting rods and their parts and components (12.8%), electrical parts and components (6.2%), automotive tires (4.7%), and automotive lamps (3.6%), etc. The top 5 exported parts and components accounted for 89.1% of the total.

In 2022, Japan’s automotive parts import value was 23.97 billion U.S. dollars. Automotive parts imported from China were 7.67 billion U.S. dolla rs (account ing for 32.0%), followed by Vietnam at 2.66 billion U.S. dollars (11.1%), Thailand at 2.49 billion U.S. dollars (10.4%), the United States at 1.68 billion U.S. dollars (7.0%), and Indonesia at 1.46 billion U.S. dollars (6.1%). The top five countries accounted for 66.6%.

The main imported components, in order, were other automotive 惠達雜誌

Figure 4. Japan's Auto Parts Sales Value from 2021 to 2025 Unit: Million USD 235,000

4.5% 4.0%

230,000

3.5%

225,000

3.0%

220,000

2.5%

215,000

2.0% 1.5%

210,000

1.0%

205,000

0.5%

200,000 Sales Value

2021

2022

2023(e)

2024(f)

2025(f)

213,480

215,828

222,519

227,192

231,054

4.1%

1.1%

3.1%

2.1%

1.7%

Growth Rate (%)

0.0%

Source: JAMA, Industrial Technology Research Institute (July 2023)

Figure 5. Japan's Import and Export of Automotive Components Unit: Million USD 70,000

3.5%

60,000

3.0%

50,000

2.5%

40,000

2.0%

30,000

1.5%

20,000

1.0%

10,000

0.5%

0

2021

2022

2023(e)

2024(f)

2025(f)

Import Value

23,755

23,969

24,233

24,718

25,509

Export Value

54,034

55,169

56,217

56,779

57,460

Import Value Growth

2.0%

0.9%

1.1%

2.0%

3.2%

Export Value Growth

3.3%

2.1%

1.9%

1.0%

1.2%

0.0%

Source: JAMA, Industrial Technology Research Institute (July 2023)

components accounting for 39.1%, electrical and wiring components (20.3%), pistons and connecting rods and their components (12.1%), automotive rims (5.0%) and automotive lamps (4.2%). The top 5 imported components accounted for 80.7%. Figure 5 is the analysis of Japan’s import and export of automotive components.

In 2022, the overall sales of electric vehicles in Japan were 1.558 million vehicles, an increase of 5.1% from 1.482 million vehicles in 2021. Among the types of electric vehicles, Hybrid Electric Vehicle (HEV) were the main force, with sales of 1.466 million vehicles in 2022, an increase of 1.8% compared with the sales volume of 1.44 million units in 2021, and accounting for 94.1% of the total market share, down 3.1% from 97.2% in 2021. Battery Electric Vehicle (BEV) is the second largest market segment, with sales of 54,000 vehicles in 2022, a 217.6% increase from 17,000 vehicles in 2021, and a market share of 3.5%, a 2.3% increase from 1.2% in 2021. The reason for the downturn in the sales of BEVs as compared to that of

Industry Focus >> Figure 6. Forecast of Electric Vehicle Sales in Japan 300

70.0%

250

60.0% 50.0%

200

40.0%

150

30.0%

100

20.0%

50 0

10.0% 2021

2022

2023(e)

2024(f)

2025(f)

EV Sales Volume (10,000 units)

148.2

156.1

189.6

221.1

243.4

Growth Rate (%)

59.9%

5.1%

21.5%

16.6%

9.9%

0.0%

Source: JAMA, Industrial Technology Research Institute (July 2023)

hybrid vehicles is related to the penetration rate of charging infrastructure.

Hardware & Fastener Components - no.59/2023

The third largest category is Plug-in Hybrid Electric Vehicle (PHEV), with the sales volume of 37,000 vehicles in 2022 growing 60.8% from 23,000 vehicles in 2021, and market share of 2.4%, up 0.9% from 1.6% in 2021. Fuel Cell Electric Vehicle (FCEV) sales were 845 vehicles, down 65.4% from 2021. Figure 6 is the sales from 2021 to 2025.

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Toyota is the top EV seller in Japan, with sales of 570,000 vehicles in 2022, a 2.5% increase from 556,000 vehicles in 2021, and a market share of 36.6%, a 0.9% decline from 37.5% in 2021. The top three best-selling models were Aqua (Prius C) (72,000 vehicles), Corolla (53,000 vehicles), Yaris (49,000 vehicles). Renault-Nissan, the second largest in terms of market share, sold 326,000 vehicles in 2022, an increase of 8.2% from the 301,000 vehicles sold in 2021, with a market share of 20.9%, up 0.6% from 20.3% in 2021, surpassing Suzuki in terms of market share. The top three best-selling EVs models were Roox (73,000 vehicles), the Note (68,000 vehicles), the Serena (54,000 vehicles), and the Nissan. Roox (73,000 vehicles), Note (68,000 vehicles), and Serena (54,000 vehicles).

In 2022, Suzuki in the third place were 308,000 vehicles, a decline of 5.0% from 2021 sales of 325,000 vehicles, and a market share of 19.8% declining 2.1% from 2021. The top three best-selling models were Suzuki Spacia (100,000 vehicles), Huster (70,000 vehicles) and Wagon R (64,000 vehicles).

Figure 7 analyzes the sales share of EVs in Japan.

Conclusion Looking forward to the future development trend, Japan has set up the goal of automobile industry transformation, and in 2030, its sales of “new generation vehicles” must reach 50%~70%, of which BEV and PHEV must account for 20%~30%. Toyota, Nissan, Mitsui Metals and other automobile factories and enterprises are actively investing in developing all-solid-state batteries (in the same space conditions, the mileage of all-solid-state batteries is about 惠達雜誌

Figure 7. Electric Vehicle Sales Share in Japan in 2022 (1.558 Million Vehicles) Other Brands, 8.6% Honda, 10.9%

Suzuki, 19.8%

Mitsubishi, 3.2% Toyota, 36.6%

RenaultNissan, 20.9%

Source: Marklines, Industrial Technology Research Institute (July 2023)

twice as long as that of the traditional lithium-ion batteries, reaching 500 kilometers). This will help improve the overall performance of electric vehicles in Japan and drive continuous growth in output value.

With the increase in the carbon reduction target for 2030 to 46% and the setting of a target for a ban on the sale of fuel vehicles in 2035, the electric vehicle market in Japan will continue to grow at a positive rate of 21.5% by 2023, and the market for electric vehicles in Japan has achieved a 21.5% growth in 2023 and will expand to the size of 1.893 million vehicles.

Over the past decades, Taiwan’s automobile industry has had a very close relationship with Japan, and has been engaged in the OEM production, sales and maintenance of Japanese vehicles for a long time, which has resulted in a significant improvement in the quality, delivery and cost competitiveness of the whole vehicle assembly and spare parts. The leading Taiwanese manufacturers have entered the supply chain of well-known EV brands (such as Tesla, etc.). In particular, automotive electronics and EV spare parts are mutually beneficial. In the trend of net-zero emission, Taiwanese manufacturers can capitalize on the competitive advantages of the industry and collaborate with Japanese manufacturers to seize business opportunities.

Article by Dr. James Hsiao Copyright owned by Fastener World

Hardware & Fastener Components no.59/2023 107

Exhibition >>

2023 日本東京工業展

Manufacturing World Japan had a grand opening from June 21 at Tokyo Big Sight and a perfect closure on June 23. The show combined the mechanical components expo, industrial equipment expo, inspection equipment expo, aerospace expo and other sub exhibitions, the whole show attracted over a thousand exhibitors. Visitors mainly came from automotive, heavy industry, machinery and other industries from various countries.

Fastener World’s staff onsite witnessed the massive influx of visitors in the aisles of the show, most of whom were purchasing managers of major Japanese companies, traders, and owners of small and medium-sized factories. Some equipment manufacturers came to our booth looking for machine screws, some automotive parts manufacturers came to ask about automotive fasteners, and other parts manufacturers were looking for surface treatment service providers in Taiwan. Our staff onsite showed them printed publications and our online B2B platform and introduced potential partners to them.

Besides, a major Japanese company with long-term collaboration with Fastener World visited our booth for a photo with our staff and discussed media promotion plans and arrangement for a company tour in the second half of the year.

Hardware & Fastener Components - no.59/2023

During the three-day show, the organizer held several lectures on topics such as next-generation automobile manufacturing, aircraft manufacturing and its carbon reduction, digital transformation of supply chains, and green transformation. In addition, the show contained an AI expo. With AI providing various API interfaces, it has become easier to implement artificial intelligence into different industries. It will be important to observe whether technologically advanced countries such as Europe, America and Japan will be among the first to introduce AI into the fastener manufacturing process in the near future. The next edition of Manufacturing World Japan will be held from June 19 to 21 next year at the same venue.

108

Article by Dean Tseng, Fastener World / Copyright owned by Fastener World

惠達雜誌

Exhibition >>

2023 西班牙畢爾包五金工具展 五金、工具、扣件產業交流成果顯著

Significant Exchange Results for Hardware, Tool & Fastener Industries On June 6-8, +INDUSTRY 2023 was held at Bilbao Exhibition Centre, the largest exhibition for smart manufacturing in Spain. The 3-day event attracted more than 750 exhibitors and thousands of industry professionals from both inside and outside of Spain. Exhibitors showcased a wide range of products and services focused on innovation and new technologies to enhance the competitiveness of their industries and create a more excellent performance of their services.

Halls 1 and 3 were open this time. The thematic exhibit areas included ADDIT3D, BeDIGITAL, MAINTENANCE, PUMPS&VALVES and SUBCONTRATACION as well as various industrial supply & hardware industry sectors and the WORKinn Talent Hub. +INDUSTRY 2023 also provided a very useful channel for visitors to learn about the latest trends in the industry.

The organizer also held nearly 30 industry exchanges and seminars during the 3-day exhibition, focusing on topics of great interest to the industry such as energy, 3D printing, digitization, automation, cybersecurity, sustainable management, green economy, robotics, etc.

Hardware & Fastener Components - no.59/2023

According to Fastener World's on-site staff, this year's show was dominated by local Spanish exhibitors, but exhibitors from other European countries, Taiwan and China were also present.

Machinery, tools, hardware, as well as fasteners and fixings were the focus of inquiries from visiting buyers. Many European traders and distributors also gained a better understanding of fastening products and companies from Taiwan through the actual magazine distribution at Fastener World's stand. Some of them also expressed that they were considering the possibility and opportunity to strengthen cooperation with Asian suppliers (e.g. Taiwanese companies) and would like to know more about what kind of services and assistance Taiwanese companies can offer them.

In view of the remarkable results of this year's show in promoting domestic and international industry exchanges and the turnover rate between buyers and sellers, the organizer has announced that the show will continue to be held at Bilbao Exhibition Centre on 03-05 June 2025.

Article by Gang Hao Chang, Vice Editor-in-Chief of Fastener World Copyright owned by Fastener World

惠達雜誌

109

Exhibition >>

泰國曼谷國際工業零組件展 一次飽覽最新產業趨勢

A Quick Glimpse of the Latest Industry Trends SUBCON THAILAND, Thailand's largest exhibition for industrial subcontracting and business matching, took place at BITEC (Bangkok International Trade & Exhibition Centre). The show was also colocated with INTERMACH & MTA Asia, an exhibition for the latest technology and modern machinery for manufacturing and related industries, attracting many business decision makers and high quality buyers from ASEAN countries.

The show was an excellent opportunity for industry players to showcase their latest industrial technologies, products and peripheral services, and for buyers and sellers to quickly communicate with each other. Fastener World Inc. also grasped such a good opportunity to exhibit on-site in order to develop potential business opportunities in Thailand and its neighboring countries for customers. Our staff also distributed our free publications to visiting buyers, hoping to build a bridge for industrial collaboration.

Hardware & Fastener Components - no.59/2023

This year's exhibitors mainly came from the fields of metal/plastic automotive parts, electric/electronic parts, mold design, fasteners, automation, software, surface treatment, industrial supply and services, aerospace parts, medical parts, and mechanical parts. Visitors were mainly corporate owners and executives, engineers and technicians, procurement and production personnel, as well as personnel from the fields of automotive parts, electronics, metal machinery, air conditioning and refrigeration, industrial supply, aerospace and medical equipment.

110

According to Fastener World’s staff on-site, the number of exhibitors this year reached 210. The organizer also invited a number of industry leaders to conduct several industry seminars during the event. In addition, electric vehicles, 5G technology, digital electronics, automation, medical and infrastructure were the most popular industry trends in the show, so the 4-day show attracted many professionals from both domestic and international industries, hoping to get a head start through face-to-face communication and consultation on the global market, which is gradually recovering after the pandemic.

Article by Gang Hao Chang, Vice Editor-in-Chief of Fastener World Copyright owned by Fastener World 惠達雜誌

Hardware & Fastener Components no.59/2023 111

Industry Focus >> 2022 日本扣件緊固工具產業發展現況與趨勢

2022 Status Quo and Trends of Japanese Fastening Tool Industry

1. Introduction

Hardware & Fastener Components - no.59/2023

Japan is the third largest economy in the world, with the advantages of high consumption level and a huge market scale.

Meanwhile, Japanese enterprises possess cutting-edge technologies and R&D talents and resources in the fields of functional materials, energy, automated vehicles, medical care, environment, AI and robotics, which have been playing a pivotal role in the global economy. The special and closed business model of Japan's domestic market has more administrative regulations. Since 1991 when the Japanese economy bubbled, and since 2000 when emerging countries such as China and India were catching up with Japan, Japan's economic environment has changed dramatically and is now focusing its industrial development on the fields of digitalization, environmental protection, artificial intelligence, quantum, bio-engineering, and the universe, which has brought achievements.

However, Japan was impacted by the pandemic and strict immigration control measures have impacted its economic development.

Although traditional industries such as fastening tools have an industrial power base, their export scale in the global market has been gradually replaced by competitors. In this article, we will review the development trend of the Japanese fastener and fastening tool industry in recent years, and put forward development suggestions as a reference for Taiwanese and Japanese fastener and fastening tool industries to respond to the global political and economic changes in the strategy.

112

2. Analysis of Japan's Global Economic and Trade Trends in the Fastening Tool Industry Trade Analysis: Table 1 shows the development trend of Japan's global import and export of d fastening tools from 2018 to 2022. In 2022, the import value of fastening tools from the world was 179 million US dollars, with a six-year compound growth rate of 1.0%, and the export value of fastening tools to the world was 124 million US dollars, with a six-year compound growth rate of -3.2%. The deficit was about USD55 million.

Table 1. Development Trend of Japan's Import and Export of Fastening Tools to the World, 2018~2022

Unit: USD 100 Million; %

2018

2019

2020

2021

2022

CAGR

Import

1.72

1.73

1.52

1.79

1.79

1.0%

Export

1.42

1.30

1.19

1.44

1.24

-3.2%

Surplus / Deficit

-0.31

-0.43

-0.33

-0.34

-0.55

15.5%

Source: ITC/Taiwan Customs; Compiled by MIRDC (Note): Based on the average exchange rate of US dollar to New Taiwan dollar (NTD9.78 for USD 1) in 2022.

惠達雜誌

Industry Focus >> Table 2. Major Import Sources and Trends of Fastening Tools in Japan, 2018~2022

Unit: USD 10,000; %

Ranking

Country

2018

2019

2020

2021

2022

2022 Share

CAGR

1

China

5308.3

5277.2

5006.4

5996.9

5982.9

33.4%

3.0%

2

Taiwan

4695.6

4950.2

4700.9

5536.4

5785.0

32.3%

5.4%

3

U.S.A

2314.8

2447.3

1830.1

1920.4

1575.4

8.8%

-9.2%

4

South Korea

1380.5

1439.3

1199.0

1255.0

1138.8

6.4%

-4.7%

5

Germany

1005.3

877.1

663.2

715.6

844.4

4.7%

-4.3%

6

Thailand

428.9

452.1

329.6

504.0

583.9

3.3%

8.0%

7

Switzerland

437.9

381.2

242.8

352.0

314.8

1.8%

-7.9%

8

Vietnam

16.1

19.2

18.8

181.4

252.6

1.4%

99.0%

9

Czech Rep.

113.6

144.3

147.5

165.1

183.4

1.0%

12.7%

10

Spain

40.3

32.5

25.6

54.7

163.0

0.9%

41.8%

11

Ireland

112.7

101.4

115.0

126.5

137.6

0.8%

5.1%

12

Italy

128.9

149.3

138.7

111.2

118.9

0.7%

-2.0%

13

India

93.6

105.5

91.4

108.2

94.4

0.5%

0.2%

14

Israel

93.7

100.4

94.8

81.7

91.1

0.5%

-0.7%

15

Sweden

220.7

50.3

38.9

61.6

80.2

0.4%

-22.4%

16

Denmark

4.2

11.3

5.2

26.3

70.6

0.4%

102.5%

17

Hungary

52.0

57.2

55.5

63.7

66.9

0.4%

6.5%

18

Indonesia

189.0

130.2

87.3

60.8

64.1

0.4%

-23.7%

19

Poland

32.4

8.2

24.9

54.0

64.0

0.4%

18.6%

20

Malaysia

84.6

93.1

61.4

83.1

52.8

0.3%

-11.1%

Subtotal of Top 20 Import Sources

16753.1

16827.3

14877.0

17458.6

17664.8

98.7%

1.3%

Subtotal of Other Import Sources

474.2

484.7

285.3

402.1

229.2

1.3%

-16.6%

17227.3

17312.0

15162.3

17860.7

17894.0

100.0%

1.0%

Total

Hardware & Fastener Components - no.59/2023

Source: ITC; Compiled by MIRDC

114

Import Analysis Table 2 shows the major import sources and trends of Japanese fastening tools from 2018 to 2022. In 2022, the import value of Japanese fastening tools was about USD179 million, and the import value of the top 20 import sources was USD177 million, which accounted for 98.7% of the global import value, representing the structure of a concentrated market. The import value and share of the top 5 import sources were, in order: China (USD59.82 million/33.4%), Taiwan (USD57.85 million/32.3%), the U.S. (USD15.75 million/8.8%), South Korea (USD11.38 million/6.4%), and Germany (USD8.44 million/4.7%). Although import and demand may not be the same thing, the ups and downs of imports reflect the trend of product demand. The compound growth rate of imports of the world's top 20 import sources in the past five years averaged 1.3%. Taiwan and China were still Japan's major import sources of fastening tools, accounting for a total of 65.7%, with a stable compound growth rate (3.0% for China and 5.4% for Taiwan). They have become the import sources of Japan's domestic fastening tools.

Export Analysis Table 3 is the major export destinations and trends of Japanese fastening tools during 2018 and 2022. In 2022 Japan's fastening tools export value was USD124 million. The export value of the top 20 export destinations was USD116 million, accounting for 93.4% of the world's total exports, representing the structure of a concentrated export market. The top 5 export destinations in order of value and share are: South Korea (USD 24.493 million / 19.7%), China (USD 18.526 million / 14.9%), the United States (USD16.742 million / 13.5%), Thailand (USD10.475 million / 8.4%), Taiwan (USD 7.440 million / 6.0%). The compound aunual growth rates of Japan's top four fastening tool export destinations have all shown a decline in the last five years, and the decline in export scale should be due to the gradual replacement of the market by competitors. 惠達雜誌

Hardware & Fastener Components no.59/2023 115

Industry Focus >> Table 3. Major Export Destinations and Trends of Fastening Tools in Japan, 2018~2022

Unit: USD 10,000; %

Ranking

Country/Region

2018

2019

2020

2021

2022

2022 Share

CAGR

1

South Korea

3389.0

2952.30

2565.00

2897.90

2449.30

19.7%

-7.8%

2

China

1946.4

1631.0

1747.3

2066.9

1852.6

14.9%

-1.2%

3

U.S.A

1804.4

1586.5

1309.7

1712.9

1674.2

13.5%

-1.9%

4

Thailand

1179.0

1124.2

1014.1

1332.1

1047.5

8.4%

-2.9%

5

Taiwan

745.6

724.5

723.80

877.4

744.2

6.0%

0.0%

6

Vietnam

529.7

850.8

830.7

890.7

570.9

4.6%

1.9%

7

Hong Kong

610.2

516.6

440.5

629.4

472.2

3.8%

-6.2%

8

India

389.6

482.2

365.0

503.8

423.0

3.4%

2.1%

9

Indonesia

489.8

381.2

279.8

424.0

389.0

3.1%

-5.6%

10

Luxembourg

369.4

315.3

307.1

414.0

337.3

2.7%

-2.2%

11

Germany

239.0

223.7

199.5

331.1

274.2

2.2%

3.5%

12

Belgium

265.3

284.4

191.8

287.7

257.5

2.1%

-0.7%

13

Singapore

245.8

242.1

190.7

229.3

240.6

1.9%

-0.5%

14

Philippines

220.5

192.3

176.5

181.1

212.2

1.7%

-1.0%

15

Malaysia

200.1

173.1

178.5

159.2

163.1

1.3%

-5.0%

16

Mexico

258.5

261.9

403.8

240.4

138.2

1.1%

-14.5%

17

Czech Rep.

85.5

74.0

66.0

95.9

110.5

0.9%

6.6%

18

Australia

79.7

89.6

80.1

105.3

85.8

0.7%

1.9%

19

Saudi Arabia

83.5

93.9

65.4

69.3

78.3

0.6%

-1.6%

20

U.K.

138.8

94.1

57.7

86.5

75.2

0.6%

-14.2%

Subtotal of Top 20 Export Destinations

13269.8

12293.7

11193.0

13534.9

11595.8

93.4%

-3.3%

Subtotal of Other Export Destinations

880.6

748.0

675.2

895.2

825.1

6.6%

-1.6%

14150.4

13041.7

11868.2

14430.1

12420.9

100.0%

-3.2%

Total

Hardware & Fastener Components - no.59/2023

Source: ITC; Compiled by MIRDC

116

3. Analysis of Japan's Fastening Tool Trade with the World by Product Category Analysis of the Import Structure of Japan's Fastening Tools in Recent Years Table 4 is the analysis of the import structure of Japan's fastening tools from 2018 to 2022; the import values and shares of Japan's fastening tools are in the following order: other interchangeable wrench sockets (USD71.891 million/40.2%), non-adjustable manual wrenches and spanners (USD51.171 million/28.6%), interchangeable wrench sockets (USD22.36 million/12.5%), and screwdrivers (USD16.964 million/9.5%). In the past five years, the compound annual growth rate of imports of Japan's interchangeable wrench sockets was 4.3% and 4.2% for non-adjustable wrenches & wrenches, which was the highest among all product categories, reflecting the demand for the fastening tools in Japan.

Analysis of the Export Structure of Japan's Fastening Tools in Recent Years Table 5 shows the analysis of export structure of various types of fastening tools in Japan from 2018 to 2022. The export value and proportion of fastening tools in Japan are in the following order: other interchangeable wrench sockets (USD62.356 million/50.2%), non-adjustable manual wrenches and spanners (USD27.621 million/22.2%), interchangeable wrench sockets (USD12.948 million/10.4%), adjustable wrenches and spanners (USD11.124 million/9.0%), screwdrivers (USD10.16 million/8.2%). The compound annual growth rate of exports of Japan's various types of fastening tools in the past five years showed a downward trend, except for adjustable wrenches and spanners (4.6%) and interchangeable wrench sockets (0.2%).

惠達雜誌

Hardware & Fastener Components no.59/2023 117

Industry Focus >> Table 4. Analysis of the Import Structure of Japan's Fastening Tools by Type, 2018~2022

Unit: USD 10,000; %

Products

HS Code

2018

2019

2020

2021

2022

Share

CAGR

Other Interchangeable Tools

820790

7758.4

7671.9

6366.1

7489.8

7189.1

40.2%

-1.9%

Non-Adjustable Wrenches and Spanners

820411

4346.0

4648.0

4076.8

4850.8

5117.1

28.6%

4.2%

Interchangeable Wrench Sockets

820420

1887.2

2010.0

1866.0

2312.4

2236.0

12.5%

4.3%

Screwdrivers

820540

1638.2

1549.9

1534.9

1806.2

1696.4

9.5%

0.9%

Adjustable Wrenches and Spanners

820412

1597.5

1432.2

1318.5

1401.5

1655.4

9.3%

0.9%

Total Import Value

17227.3

17312.0

15162.3

17860.7

17894.0

100.0%

1.0%

Source: ITC; Compiled by MIRDC

Table 5. Analysis of the Export Structure of Japan's Fastening Tools by Type, 2018~2022

Unit: USD 10,000; %

Products

HS Code

2018

2019

2020

2021

2022

Share

CAGR

Other Interchangeable Tools

820790

7435.8

6875.7

6584.8

7698.1

6235.6

50.2%

-4.3%

Non-Adjustable Wrenches and Spanners

820411

3425.1

3105.9

2443.6

3000.9

2762.1

22.2%

-5.2%

Interchangeable Wrench Sockets

820420

1285.7

1161.7

1044.1

1607.0

1294.8

10.4%

0.2%

Adjustable Wrenches and Spanners

820412

927.8

909.1

815.4

953.4

1112.4

9.0%

4.6%

Screwdrivers

820540

1076.0

989.3

980.3

1170.7

1016.0

8.2%

-1.4%

Total Export Value

14150.4

13041.7

11868.2

14430.1

12420.9

100.0%

-3.2%

Source: ITC; Compiled by MIRDC

Hardware & Fastener Components - no.59/2023

Table 6. Product Structure Analysis of Various Types of Fastening Tools Japan Imported from Taiwan, 2020~2022

Unit: USD 10,000; %

Products

HS Code

2018

2019

2020

2021

2022

Share

CAGR

Non-Adjustable Spanners and Wrenches

820411

1694.4

2054.9

2334.8

40.4%

17.4%

40.2%

-1.9%

Interchangeable Wrench Sockets

820420

1261.9

1560.7

1529.6

26.4%

10.1%

28.6%

4.2%

Other Interchangeable Tools

820790

928.4

1012.8

973.8

16.8%

2.4%

12.5%

4.3%

Screwdrivers

820540

501.3

576.2

510.9

8.8%

1.0%

9.5%

0.9%

Adjustable Wrench and Spanners

820412

314.9

331.8

435.9

7.5%

17.7%

9.3%

0.9%

Total Import Value

17227.3

17312.0

15162.3

17860.7

17894.0

100.0%

1.0%

Source: ITC; Compiled by MIRDC

Table 7. Product Structure Analysis of Japan's Exports of Various Fastening Tools to Taiwan, 2020~2022

Unit: USD 10,000; %

Products

HS Code

2018

2019

2020

2021

2022

Share

CAGR

Other Interchangeable Tools

820790

409.7

519.4

392.6

52.8%

-2.1%

40.2%

-1.9%

Non-Adjustable Spanners And Wrenches

820411

151.6

180.3

180.8

24.3%

9.2%

28.6%

4.2%

Adjustable Wrench and Spanners

820412

99.3

108.3

104.6

14.1%

2.6%

12.5%

4.3%

Screwdrivers

820540

49.9

51.5

51.5

6.9%

1.6%

9.5%

0.9%

Interchangeable Wrench Sockets

820420

13.3

17.9

14.7

2.0%

5.1%

9.3%

0.9%

Total Export Value

723.8

877.4

744.2

100.0%

1.4%

100.0%

1.0%

Source: ITC; Compiled by MIRDC

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惠達雜誌

Industry Focus >> 4. Analysis of the Product Categories of Various Fastening Tools Imported from Taiwan to Japan and Exported from Japan to Taiwan Analysis of the Product Structure of Japan's Various Fastening Tools Import from Taiwan in Recent Years Table 6 shows the product structure analysis of various types of fastening tools imported from Taiwan to Japan from 2020 to 2022.

The import values and proportions of fastening tools are in the following order: non-adjustable wrenches and spanners (USD 23.348 million/40.4%), interchangeable wrench sockets (USD 15.296 million/26.4%), other interchangeable tools (USD 9.738 million/16.8%), screwdrivers (USD 5.109 million/8.8%), adjustable wrenches and spanners (USD 4.359 million/7.5%). Non-adjustable wrenches and spanners with the highest import value and share are stable in the import market, and are the main type of fastening tools that Japan imports from Taiwan. The compound annual growth rate of various types of fastening tools that Japan imported from Taiwan in the past five years was 10.9%, indicating that Japan's domestic demand was showing stable growth.

Structural Analysis of Various Fasteners and Fastening Tools Japan Exports to Taiwan in Recent Years Table 7 shows the product structure analysis of various types of fastening tools that Japan exported to Taiwan from 2020 to 2022. The values and shares of Japan's fastening tools exported to Taiwan, in order, are as follows: other interchangeable wrench sockets (USD3.926 million/52.8%), non-adjustable wrenches and spanners (USD1.808 million/24.3%), adjustable wrenches and spanners (USD1.046 million/14.1%), screwdrivers (USD515,000/6.9%), and interchangeable wrench sockets (USD147,000/2.0%). Nonadjustable wrenches and spanners were exported at a compound annual growth rate of 9.2%, indicating that there is a certain demand for such Japanese tools in the Taiwanese market with a stable growth trend. In the past five years, Japan's exports of various types of fastening tools to Taiwan grew at a compound rate of 1.4%, showing a stable growth trend though not high.

5. Proposal on Supply and Future Development of Japanese Fastening Tool Industry

1.

The export scale of Japan's fastening tool industry is not large, but Japan's industrial power is still strong, and its metal surface treatment technology and manufacturing tolerances reflect Japan's high-precision requirements for craftsmanship. Taiwan's fastening tool industry can take advantage of the Taiwan-Japan technological and economic exchanges to strengthen Taiwan's manufacturing technology.

2.

The achievement of Japanese fastening tool industry in the introduction of intelligent and human-machine collaboration can be used as a reference to encourage Taiwanese manufacturers to introduce smart manufacturing and sustainable operation, and reduce the labor shortage in Taiwan in the future.

3.

The guidance and assistance provided by the Japanese corporations to the industry can be used as a model for the development of Taiwan's domestic corporations in the future, so that the industry and R&D organizations can work together through the collaboration to reduce the cost of product development for manufacturers.

4.

Since Taiwan and China are Japan's main import sources of fastening tools (taking up 65.7%), the Japanese companies can improve their own capital structure by incorporating funds from Taiwan and China, which is vital to corporate survival. Japanese companies, mostly small or medium sized, have special technology but lack capital or successors. Famous companies with brands and routes but are stuck with the funds for deployment are actively looking for overseas companies to seek mergers and acquisitions or collaboration. This is also an important opportunity for Taiwanese companies to tap into the Japanese fastening tool industry chain.

Article by Dr. Arthur Hsu / Copyright owned by Fastener World 惠達雜誌

Hardware & Fastener Components - no.59/2023

The global economy was still weak in the second half of 2022. The U.S. continues to raise interest rates and drive other countries to follow suit, which makes the global economic volatility continue and spread to more countries, and also affects the economic environment of Japan. In addition, Japan is also faced with the staggering changes in global geopolitics, trade conflicts, financial volatility (inflation and interest rate hikes), climate anomalies, the green economy, and emerging technologies, which have cast more variables on the sustainable operation of Japan's fastening tool industry; Japanese fastening tool industry is above the global standard both in terms of technology and quality. In addition to continuous active investment in smart manufacturing, Japan’s business strategy is also more diversified. For example, some business owners set up primary production bases in China and Taiwan, or through the establishment of new business units, integrate diversified technologies onto a single product to strengthen the competitiveness in the market. These are the focus of the Japanese industry in the near future. The following are suggestions for Taiwanese fastening tool industry:

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Industry Focus >>

Fastening Tools Trade Statistics of Thailand

in 2022 and Q1 2023

Introduction T h a i la n d’s fa st e n i ng t o ol i n du st r y plays a crucial role in supporting various sectors such as construction, manufacturing, and automobile.

Fastening tools are essential for secure joining or connecting different components, ensuring structural integrity and reliability. This article aims to delve into the trade statistics of fastening tools in Thailand, highlighting the industry’s growth, major players, export-import trends, and future prospects.

First, I will take a look at Thailand’s industry situation.

Thailand’s industry and infrastructure sector in 2022 experienced significant advancements and developments, contributing to the country’s overall economic growth. Here are some detailed insights into Thailand’s industry and infrastructure during the period.

• The Manufacturing Sector

Hardware & Fastener Components - no.59/2023

Thailand’s manufacturing sector continued to play a vital role in the country’s economy in 2022. The sector witnessed steady growth, fuelled by both domestic and foreign investments. Industries such as automotive, electronics, food processing, chemicals, and textiles remained key contributors to Thailand’s manufacturing output.

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The automotive industry, in particular, experienced robust growth, driven by increased domestic and international demand.

Thailand has emerged as one of the major automotive manufacturing hubs in Southeast Asia, attracting leading global automotive manufacturers to establish production facilities in the country. This growth was supported by the government’s promotion of electric vehicles (EVs) and the development of the Eastern Economic Corridor (EEC) project, which aimed to create a specialized automobile cluster. According to the Federation of Thai Industries (FTI), May vehicle sales in Thailand increased 0.5% year over year (YoY) to 65,088 units from the same period in 2022. Sales in January-May 2023 reached 341,691 units, sliding 4.9% from the same period in 2022.

• Infrastructure Development Thailand made significant progress in infrastructure development during 2022. The government continued to invest heavily in transportation networks, energy projects, and digital infrastructure, aiming to enhance connectivity and support sustainable economic growth. Some notable infrastructure projects and initiatives include: 惠達雜誌

泰國2022-2023第一季 緊固工具進出口分析 a. Eastern Economic Corridor (EEC): The EEC project is a flagship initiative aimed at transforming the eastern provinces of Thailand into a leading economic zone. The project focuses on developing high-value industries such as automobile, electronics, aviation, robotics, and biotechnology. It includes the expansion and modernization of ports, airports, highways, and railways to improve connectivity and attract foreign direct investments. In 2022, the Thai and the EEC economies grew 2.7% and 3.0% respectively.

They are forecast to be up 3.1% and 4.0% in 2023.

b. Mass Rapid Transit (MRT) System: Bangkok, the capital city, witnessed significant progress in its mass transit systems in 2022. The construction of new MRT lines, such as the Pink Line and Yellow Line, expanded the reach of the city’s public transportation network, alleviating traffic congestion and improving mobility for residents and visitors, (2023 current service: 242.34 km; 2021 service: 96.8 km; 2029 planned total: 540 km).

c. High-Speed Rail Projects: Thailand embarked on highspeed rail projects to enhance connectivity with neighbouring countries and promote regional integration. The Bangkok-Nong Khai high-speed rail project, connecting Thailand and Laos, and the Bangkok-Rayong high-speed rail project, connecting the capital with the Eastern Seaboard region, were among the key initiatives. Carminati pointed to how the project is going in Laos, which he said is “going well”. The Laos section of the railway successfully opened in December 2021, and the country’s economy is expected to expand. With upgrades to major connectivity infrastructure complete as well as reopening of borders including those with China, international tourist arrivals are projected to double to 2.6 million in 2023 from a year earlier. Transit freight is expected to continue its steady expansion, with 1.3 million passengers and 1.9 million tons of cargo transported through the Laos–China railway in 2022.

Overview of the Fastening Tool Industry in Thailand The fastening tool industry in Thailand has experienced significant growth over the years, driven by the country’s robust

Industry Focus >>

Table 1. Thailand’s HS Code 8467 Trade Value HS Code: 8467 Export

2018

2019

2020

2021

74,059

74,384

88,213

122,398 149,716

Growth

---

0.4%

18.6%

38.8%

Import Growth Total Growth

2022 22.3%

184,438 168,029 167,133 224,642 191,718 ---

-8.9%

-0.5%

34.4%

-14.7%

258,497 242,413 255,346 347,040 341,434 ---

-6.2%

5.3%

35.9%

-1.6%

Note: Numbers are in thousand USD.

Based on the data provided in Table 1, the HS Code 8467 industry experienced fluctuations in exports, imports, and the total value over the analysed period. Export figures showed consistent growth each year, with significant increases in 2020 and 2021. Imports had a more varied trend, with a decline in 2019, stability in 2020, and substantial growth in 2021. The total value experienced fluctuations, with a decline in 2019, growth in 2020 and 2021, and a slight decrease in 2022. In a simple word, it can be inferred that the fastening tool industry in Thailand has shown signs of improvement. The increased exports indicate a rising international demand for Thai fastening tools, possibly due to their competitive pricing or product quality.

The decrease in imports in 2019 and subsequent growth in 2021 suggest that the domestic market has become more self-sufficient in fulfilling its fastening tool needs.

Major Players in Thai Fastening Tool Market Thailand exported to different countries in 2022, along with their respective shares. The total export value to the world was 149,716 thousand USD.

• USA: Thailand’s exports to the USA in 2022 amounted to 39,440 thousand USD. The share of Thailand’s exports to the USA was 26%.

• Japan: Thailand’s exports to Japan in 2022 amounted to 17,619 thousand USD. The share of Thailand’s exports to Japan was 12%.

• Indonesia: Thailand’s exports to Indonesia in 2022 amounted to 17,381 thousand USD. The share of Thailand’s exports to Indonesia was 12%.

• Vietnam: Thailand’s exports to Vietnam in 2022 amounted to 14,824 thousand USD. The share of Thailand’s exports to Vietnam was 10%.

Thailand imported from different countries in 2022, along with their respective shares. The total import value from the world was 191,718 thousand USD.

• China: Thailand’s imports from China in 2022 amounted to 144,629 thousand USD. The share of Thailand’s imports from China was 75%. China is the dominant source of imports for Thailand, representing a significant majority of their total imports.

• Japan: Thailand’s imports from Japan in 2022 amounted to 18,073 thousand USD. The share of Thailand’s imports from Japan was 9%.

• Other Countries: The remaining imports from other countries amounted to 29,016 thousand USD. The “Other countries” accounted for 15% of Thailand’s total imports in 2022.

Future Prospects and Challenges The data of 1st quarter of 2022 to 1st quarter of 2023 shows fluctuations in exports, imports, and total trade values throughout the different quarters. Notably, there was a significant decline in exports, imports, and total trade in Q4 2022. However, in Q1 2023, there was a slight recovery with increased exports and a smaller decrease in imports, leading to a relatively stable total trade value. The growth rates provided in the table indicate the percentage change in value from one quarter to the next for exports, imports, and total trade. The growth rates can help identify the rate of expansion or contraction in trade during specific periods.

Table 2. Thailand’s HS Code 8467 Trade Value 2022-2023 Q1 Thailand 2022-Q1 2022-Q2 2022-Q3 2022-Q4 2023-Q1 Export to the World 52,660 49,287 54,072 35,948 38,599 Growth ---6% 10% -34% 7% Import from 42,071 40,909 33,843 33,044 29,872 the World Growth ---3% -17% -2% -10% Total Growth

94,731

90,196

87,915

68,992

68,471

---

-5%

-3%

-22%

-1%

Note: Numbers are in thousand USD.

The future of Thailand’s fastening tool trade appears promising.

The country’s commitment to infrastructure development, coupled with a growing manufacturing sector, ensures a sustained demand for fastening tools. Furthermore, on export growth, despite the fluctuations in export values throughout the quarters, there was an overall increase in exports from Q1 2022 to Q1 2023. This indicates a potential upward trend in the export of fastening tools from Thailand. If this trend continues, it suggests a positive outlook for the industry, with the possibility of further growth in the coming quarters. On import decline, the data show a general decline in imports from Q1 2022 to Q1 2023. This could suggest reduced reliance on imported fastening tools and an increased focus on domestic production or sourcing from other markets.

If this trend persists, it might create opportunities for local manufacturers to expand their market share and meet domestic demand.

Hardware & Fastener Components - no.59/2023

manufacturing and construction sectors. Local production of fastening tools has expanded, with a growing number of domestic manufacturers catering to the rising demand. Additionally, Thailand’s strategic geographic location has positioned it as a regional hub for trade, attracting international players to establish their operations in the country.

Article by Sharareh Shahidi Hamedani Copyright Owned by Fastener World 惠達雜誌

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Hardware & Fastener Components no.59/2023 123

Industry Focus >>

Fastening Hand Tool Trade Statistics of USA, Canada, EU in 2020-2022 2020~2022美加歐緊固工具進出口統計 (in Million USD), in descending order according to figures of 2022 Import

Export

HS 8204 Hand-Operated Spanners & Wrenches Rank 0 1 2 3 4 5 6 7 8 9 10

Partner World Taiwan China India Vietnam Germany Mexico Spain Czech Japan Sweden

2020 584 269 216 25 7 25 3 11 2 4 2

2021 763 346 251 52 27 27 14 12 6 5 3

2022 872 412 259 54 47 35 13 13 8 6 4

HS 8204 Hand-Operated Spanners & Wrenches Rank 0 1 2 3 4 5 6 7 8 9 10

Hardware & Fastener Components - no.59/2023

HS 8205 Hand Tools, Blow Torches, Anvils

124

Rank 0 1 2 3 4 5 6 7 8 9 10

Partner World China Taiwan India Mexico Vietnam Germany Canada Japan Austria UK

2020 1,247 629 274 40 72 25 38 29 22 19 17

2021 1,525 724 361 61 79 39 48 34 28 21 19

Partner World Canada Mexico Japan Australia UK Germany Singapore China France Peru

2020 202 61 13 9 13 16 10 5 8 3 4

2021 245 76 17 15 14 19 11 6 10 4 5

2022 276 83 25 17 17 16 13 7 7 5 5

HS 8205 Hand Tools, Blow Torches, Anvils 2022 1,590 686 418 73 70 52 50 42 30 21 17

Rank 0 1 2 3 4 5 6 7 8 9 10

Partner World Canada Mexico UK Australia Germany China Japan France Netherlands Belgium

2020 511 163 60 32 23 24 15 12 12 10 7

2021 583 189 60 44 25 28 18 15 12 11 8

2022 615 200 63 36 27 25 17 15 13 10 10

HS 8207 Interchangeable Tools for Hand Tools or Machine Tools

HS 8207 Interchangeable Tools for Hand Tools or Machine Tools

Rank 0 1 2 3 4 5 6 7 8 9 10

Rank 0 1 2 3 4 5 6 7 8 9 10

Partner World China Germany Japan Canada South Korea Taiwan Italy Mexico India Brazil

2020 2,721 653 342 499 217 283 128 83 75 34 42

2021 3,124 678 398 547 288 246 180 110 90 54 48

2022 3,149 677 463 458 278 230 162 126 102 66 59

Partner World Canada Mexico Netherlands Germany China Saudi Arabia UK Australia Brazil Japan

2020 1,606 441 346 21 57 56 54 49 48 28 36

2021 2,062 522 418 20 72 62 44 53 50 33 42

2022 2,188 563 438 259 66 60 58 56 46 39 33

Source: U.S. ITA of Department of Commerce

惠達雜誌

Hardware & Fastener Components no.59/2023 125

Industry Focus >>

USA

Based on U.S. import data for 2022, the top fastening tool category imported by the U.S.A from the world was HS 8207 Interchangeable Tools for Hand Tools Or Machine Tools at an import value of USD 3,149 million.

The U.S.A imported hand-operated spanners and wrenches (HS code 8204) mostly from Taiwan, China, India, Vietnam, Germany, in which Taiwan was the largest source for the U.S.A. In the same logic, the U.S.A. imported hand tools, blow torches, anvils (HS 8205) mostly from China, Taiwan, India, Mexico, Vietnam, in which China was the top source. The U.S.A imported interchangeable tools for hand tools or machine tools (HS 8207) mostly from China, Germany, Japan, Canada, South Korea, in which China again was the top source. All three categories were growing from 2020 to 2022 in terms of import from the world by the U.S.A, which tells this nation has an increasing demand for fastening tools.

Regarding export, the top fastening tool category exported from the U.S.A to the world was also HS 8207 interchangeable tools for hand tools or machine tools at an export value of USD 2,188 million.

The U.S.A exported HS code 8204 mostly to Canada, Mexico, Japan, Australia, UK, in that order. For HS 8205, they were Canada, Mexico, UK, Australia, and Germany. For HS 8207, they were Canada, Mexico, Netherlands, Germany, and China. All the three categories were growing from 2020 to 2022 in export which explains that the world had increased demand for the American fastening tools over the past three years.

Hardware & Fastener Components - no.59/2023

(in USD), in descending order according to figures of 2022

126

Import

Export

HS 820411 Non-adjustable hand-operated spanners, wrenches, and parts Rank Partner 2020 2021 2022 Total All Countries 47,472,000 55,335,000 66,083,000 1 China 17,564,680 19,758,325 22,758,443 2 U.S.A. 18,156,494 18,988,850 22,687,204 3 Taiwan 7,444,829 9,239,798 14,183,268 4 India 653,102 1,262,570 1,547,747 5 Germany 1,119,729 1,622,803 1,280,941 6 Argentina 128,708 298,859 666,059 7 Czech 487,394 1,590,133 660,367 8 Japan 144,836 460,552 406,404 9 Italy 177,374 374,252 371,351 10 UK 209,571 233,526 338,874

HS 820411 Non-adjustable hand-operated spanners, wrenches, and parts Rank Partner 2020 2021 2022 Total All Countries 4,245,000 4,684,000 3,282,000 1 U.S.A. 3,264,974 3,665,171 2,098,627 2 Germany 82,884 91,236 104,840 3 India 38,337 14,972 101,746 4 Netherlands 161,703 28,604 86,128 5 France 73,845 57,151 72,401 6 Peru 5,710 13,305 69,980 7 Qatar 6,040 7,128 64,424 8 Luxembourg 25,195 46,517 61,332 9 Morocco 1,685 12,117 53,273 10 Spain 19,069 29,184 50,360

HS 820412 Adjustable hand-operated spanners, wrenches, and parts Total All Countries 21,570,000 25,158,000 28,040,000 1 China 9,220,588 8,993,532 11,610,692 2 U.S.A. 6,466,289 8,603,087 7,552,260 3 Taiwan 3,108,078 3,868,448 4,909,094 4 Germany 993,067 1,441,992 1,567,161 5 Spain 900,211 1,232,883 1,195,679 6 Vietnam 334,521 400,498 510,645 7 India 63,488 75,459 225,909 8 UK 178,321 161,393 73,894 9 Japan 49,304 44,907 68,183 10 South Korea 1,187 1,363 41,398

HS 820412 Adjustable hand-operated spanners, wrenches, and parts Total All Countries 1,575,000 2,503,000 2,607,000 1 U.S.A. 572,294 621,627 786,746 2 Liberia N/A 448,903 224,729 3 Mexico 110,928 158,526 222,093 4 UAE 8,393 2,615 212,552 5 Australia 178,541 162,924 208,237 6 Chile 38,053 73,587 110,148 7 Ghana 40,296 79,772 109,649 8 Netherlands 49,761 91,484 82,461 9 Finland 34,118 56,856 69,996 10 South Africa 22,986 53,564 53,841

HS 820420 Socket wrenches with/without handles, drives, extensions, and parts Total All Countries 33,777,000 39,392,000 50,495,000 1 Taiwan 11,639,127 13,984,955 18,543,258 2 China 11,208,425 11,111,491 14,781,725 3 U.S.A. 9,295,975 11,866,152 13,262,734 4 Japan 70,191 119,747 1,246,309 5 Germany 571,265 789,765 675,856 7 Sweden 111,455 168,931 307,094 6 Vietnam 37,644 187,773 262,419 8 India 103,511 157,326 253,742 9 Argentina 53 319,406 250,789 10 UK 86,352 88,760 193,372

HS 820420 Socket wrenches with/without handles, drives, extensions, and parts Total All Countries 2,295,000 2,590,000 2,596,000 1 U.S.A. 1,638,501 1,661,325 1,772,579 2 UK 117,339 205,596 136,747 3 Germany 124,462 128,006 94,698 4 UAE 6,747 9,036 80,718 5 Italy 5,689 8,554 56,505 7 Ireland N/A N/A 52,416 6 Australia 64,397 61,541 45,471 8 New Zealand 24,767 25,871 36,945 9 Saudi Arabia 13,984 52,030 32,345 10 Denmark 55 5,927 20,733

惠達雜誌

Industry Focus >> HS 820540 Screwdrivers and parts Rank Partner 2020 2021 Total All Countries 17,617,000 23,078,000 1 China 7,906,401 9,752,282 2 Taiwan 3,124,433 5,002,724 3 U.S.A. 4,427,415 5,439,282 4 Czech 1,114,018 1,500,632 5 Germany 551,375 694,246 6 France 32,242 31,967 7 Thailand 10,546 5,250 8 Slovenia 139,078 160,224 9 Japan 36,096 81,137 10 Vietnam 1,602 12,285

2022 24,227,000 10,082,773 5,992,763 5,132,662 1,151,766 683,775 230,399 181,132 129,373 104,235 74,999

HS 820790 Screwdriver bits, tapping tools, and other interchangeable tools Total All Countries 133,702,000 147,840,000 151,853,000 1 China 73,427,763 78,542,067 77,102,631 2 U.S.A. 23,291,134 26,310,543 29,315,017 3 Taiwan 17,493,971 18,004,851 17,811,237 4 Germany 4,035,591 4,810,996 7,691,332 5 Vietnam 1,278,978 1,724,256 2,251,938 6 Italy 3,426,936 3,678,071 1,990,694 7 Hungary 1,467,401 2,091,854 1,773,461 8 UK 823,076 1,560,042 1,604,905 9 France 967,084 773,454 1,572,407 10 Israel 787,539 1,056,628 1,380,829

HS 820540 Screwdrivers and parts Rank Partner 2020 2021 Total All Countries 1,505,000 1,627,000 1 Germany 355,703 284,181 2 U.S.A. 705,236 610,852 3 Switzerland 125,624 18 4 Slovakia 126,523 389,245 5 France 4,339 1,249 6 Hong Kong 17,584 19,303 7 Italy 3,199 11,577 8 Mexico 9,439 9,779 9 China 23,521 14,240 10 India 124 59

2022 2,142,000 772,173 614,645 263,252 250,247 26,129 25,630 19,852 18,004 13,788 12,067

HS 820790 Screwdriver bits, tapping tools, and other interchangeable tools Total All Countries 22,273,000 25,807,000 23,297,000 1 U.S.A. 16,798,516 18,783,171 16,386,891 2 China 402,042 812,593 1,429,621 3 Thailand 1,134,736 703,467 933,701 4 Taiwan 566,161 445,254 540,248 5 India 525,238 861,466 523,036 6 Switzerland 138,826 388,570 503,509 7 France 631,122 628,286 475,430 8 Netherlands 130,047 286,101 407,152 9 Germany 203,655 478,902 296,467 10 Ireland 9,098 473,627 185,588 Source: Canada.ca

Canada

The top fastening tool category imported by the Canada from the world was HS 820540 Screwdrivers and parts at an import value of USD 151,853,000, outgrowing other categories by a whole lot.

Canada imported non-adjustable hand-operated spanners, wrenches, and parts (HS 820411) mostly from China, U.S.A., Taiwan, India, Germany. For adjustable hand-operated spanners, wrenches, and parts (HS 820412), it was China, U.S.A., Taiwan, Germany, Spain. For socket wrenches with/without handles, drives, extensions, and parts (HS 820420), it was Taiwan, China, U.S.A., Japan, Germany. For screwdrivers and parts (HS 820540), it was China, Taiwan, U.S.A., Czech Republic, Germany. For screwdriver bits, tapping tools, and other interchangeable tools (HS 820790), it was China, U.SA., Taiwan, Germany, Vietnam. All categories were growing in terms of import, which tells that Canada had increased demand for fastening tools over the past 3 years.

Hardware & Fastener Components - no.59/2023

Regarding export, the top fastening tool category exported from Canada to the world was again HS 820790 at an export value of USD 23,297,000, significantly outgrowing other categories.

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(in EURO), in descending order according to quantity figures of 2022 Import HS 820411 Non-adjustable hand-operated spanners, wrenches, and parts Import Value to Import Value to Import Value to Import Qty to Import Qty to Indicators the EU/MS (EURO) the EU/MS (EURO) the EU/MS (EURO) the EU/MS (Kg) the EU/MS (Kg) Years 2020 2021 2022 2020 2021 Rank Total non-EU 217,781,742 273,662,895 331,878,602 31,838,084 38,560,094 1 China 68,447,164 94,152,461 116,154,085 15,656,689 19,926,393 2 India 32,125,112 39,389,074 46,844,659 8,567,596 10,372,960 3 Taiwan 76,734,128 89,465,658 114,253,008 5,705,918 6,288,646 4 Turkey 6,197,407 7,649,673 8,456,386 712,954 837,233 5 U.S.A. 10,843,649 15,262,776 17,477,868 228,592 263,185 6 UK 9,601,260 13,041,871 13,238,221 499,057 356,566 7 Switzerland 6,356,583 7,733,348 8,007,808 125,103 164,579 8 Japan 2,479,627 3,296,929 3,639,217 63,005 88,674 9 South Korea 480,782 405,609 372,457 159,404 104,191 10 Canada 228,976 298,037 452,164 5,691 5,688 惠達雜誌

Import Qty to the EU/MS (Kg) 2022 39,019,565 19,828,682 10,432,747 6,852,658 866,529 291,720 289,763 157,234 78,746 63,553 26,083

Hardware & Fastener Components no.59/2023 129

Industry Focus >> Canada exported HS 820411 mostly to the U.S., Germany, India, Netherlands, France. For HS 820412, they were the U.S., Liberia, Mexico, UAE, Australia. For HS 820420, they were the U.S., UK, Germany, UAE, Italy. For HS 820540, they were Germany, U.S.A., Switzerland, Slovakia, France. For HS 820790, they were the U.S., China, Thailand, Taiwan, India. You may have noticed that the U.S. topped 4 out of 5 categories as the top fastening tool export destination for Canada. Except for HS 820411 declining in 2022 as well as HS 820790 fluctuating in the past three years, other categories were growing.

Hardware & Fastener Components - no.59/2023

HS 820412 Adjustable hand-operated spanners, wrenches, and parts Import Value to Import Value to Import Value to Import Qty to Import Qty to Indicators the EU/MS (EURO) the EU/MS (EURO) the EU/MS (EURO) the EU/MS (Kg) the EU/MS (Kg) Years 2020 2021 2022 2020 2021 Rank Total non-EU 50,957,066 51,738,285 68,503,693 6,554,853 7,001,033 1 China 21,872,931 27,789,200 35,392,686 4,591,769 5,412,604 2 Taiwan 12,194,716 15,599,922 20,585,085 862,905 1,070,407 3 India 1,134,588 1,349,494 1,777,349 221,007 268,151 4 U.S.A. 2,084,254 2,088,996 3,614,383 34,803 47,233 5 UK 10,660,963 1,763,749 2,835,670 734,791 51,503 6 Switzerland 1,642,857 1,627,478 1,788,702 61,451 42,270 7 Turkey 60,033 198,257 369,501 5,157 14,296 8 Japan 218,443 218,785 331,030 5,691 5,808 9 Norway 237,555 379,151 826,220 4,535 4,671 10 Canada 327,766 152,832 247,421 6,506 5,159

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Import Qty to the EU/MS (Kg) 2022 7,643,161 5,733,140 1,284,018 297,751 135,346 62,739 38,393 28,420 14,837 13,366 7,423

Rank Total non-EU 1 China 2 Taiwan 3 Japan 4 UK 5 U.S.A. 6 Turkey 7 India 8 Hong Kong 9 Vietnam 10 Switzerland

HS 820420 Socket wrenches with/without handles, drives, extentions and parts 200,643,529 239,050,069 314,758,628 29,116,132 33,584,788 61,107,404 86,461,928 127,023,511 13,717,226 18,045,198 113,953,349 128,567,856 162,362,650 14,101,384 14,472,019 4,018,642 5,550,459 5,406,667 168,365 237,527 9,820,506 5,694,641 5,112,607 514,371 235,148 6,131,187 8,297,180 9,200,872 116,021 162,815 473,361 423,991 578,678 90,119 105,599 556,394 1,022,095 1,159,321 98,627 120,683 171,803 411,999 434,308 35,138 98,720 1,055,503 431,244 487,106 119,769 33,268 854,048 917,852 1,013,981 22,380 16,243

38,230,494 21,989,854 15,250,561 212,288 174,497 165,802 107,233 105,258 69,029 30,879 25,907

Rank Total non-EU 1 China 2 Taiwan 3 Switzerland 4 India 5 UK 6 U.S.A. 7 Japan 8 Hong Kong 9 Canada 10 South Korea

93,973,751 51,769,912 16,456,632 7,369,826 332,917 11,999,836 1,785,428 2,355,934 275,617 584,243 102,107

HS 820540 Screwdrivers and parts 104,346,004 134,491,067 13,204,181 64,642,425 90,119,471 10,475,118 20,099,944 24,452,301 1,391,110 9,226,055 9,484,868 184,406 569,881 369,735 119,520 3,522,205 3,106,612 833,920 2,486,803 2,633,276 48,616 1,437,534 1,509,953 21,875 363,753 299,243 18,704 620,361 1,109,467 18,573 142,898 195,778 15,139

14,359,065 12,182,817 1,452,853 199,574 184,510 93,558 67,678 17,017 36,599 12,746 15,579

15,966,551 13,898,198 1,532,314 190,146 94,889 67,694 48,435 25,464 22,473 20,950 16,258

Rank Total non-EU 1 China 2 Taiwan 3 Vietnam 4 UK 5 Switzerland 6 U.S.A. 7 Japan 8 Liechtenstein 9 India 10 Turkey

89,666,888 48,543,142 21,712,735 10,618,430 2,550,531 2,421,095 1,922,745 818,640 298,943 275,191 67,511

HS 82079030 Screwdriver bits 107,948,220 141,664,686 65,335,968 86,397,462 22,541,279 29,615,713 10,215,625 15,538,810 1,338,208 1,061,120 2,409,737 2,978,543 3,245,532 3,960,767 1,506,610 946,123 347,704 391,753 347,230 158,628 91,668 86,050

11,261,934 8,394,723 1,783,591 911,559 41,617 18,665 17,854 58,950 4,879 7,709 4,616

13,208,948 9,616,065 2,056,828 1,398,139 40,888 24,319 24,053 22,678 4,474 4,041 2,921

惠達雜誌

9,296,948 6,199,658 1,816,084 1,055,580 135,888 18,819 12,040 25,756 4,488 6,571 3,638

Industry Focus >> Export HS 820411 Non-adjustable hand-operated spanners, wrenches, and parts Export Value from Export Value from Export Value from Export Qty from Export Qty from Export Qty from Indicators the EU/MS (EURO) the EU/MS (EURO) the EU/MS (EURO) the EU/MS (Kg) the EU/MS (Kg) the EU/MS (Kg) Years 2020 2021 2022 2020 2021 2022 Rank Total non-EU 103,944,737 119,985,230 132,312,350 5,414,315 5,786,888 5,581,672 1 U.S.A. 13,638,124 17,277,825 22,183,726 705,050 792,727 781,032 2 UK 14,463,425 17,196,316 17,596,453 834,260 674,612 638,073 3 China 13,265,778 14,318,511 13,097,491 678,136 755,598 473,433 4 Turkey 3,499,862 4,337,825 6,227,432 266,469 319,304 438,964 5 Brazil 3,011,493 4,037,695 4,190,322 314,235 438,579 408,853 6 Switzerland 10,733,954 12,921,063 13,188,615 339,580 380,432 355,091 7 Belarus 831,080 728,694 1,051,481 117,226 121,997 195,258 8 Norway 4,714,479 4,512,491 4,771,779 197,641 185,037 182,225 9 Ukraine 1,255,473 1,187,212 1,105,912 155,735 154,195 162,035 10 Russia 5,076,121 5,401,147 2,305,913 349,196 375,462 142,865 HS 820412 Adjustable hand-operated spanners, wrenches, and parts 42,472,517 44,216,393 53,455,241 1,878,832 1,946,008 14,320,173 14,961,877 20,872,637 530,854 561,850 8,316,511 7,316,617 8,011,645 449,819 294,057 365,263 309,058 1,308,662 42,068 29,349 2,675,206 3,108,802 3,196,788 105,288 111,534 800,570 891,298 1,071,018 93,125 100,435 1,468,799 1,445,588 2,094,766 67,153 61,668 490,906 609,514 711,718 33,484 49,465 1,733,105 1,792,319 1,649,362 50,784 56,411 440,081 1,120,021 877,843 24,994 128,747 330,671 421,673 273,028 31,373 53,029

2,065,916 660,086 311,485 109,016 99,056 97,728 83,220 58,553 51,734 45,324 37,098

Hardware & Fastener Components - no.59/2023

Rank Total non-EU 1 U.S.A. 2 UK 3 Congo 4 Switzerland 5 Mexico 6 Australia 7 Saudi Arabia 8 Norway 9 Argentina 10 Ukraine

惠達雜誌

131

Industry Focus >> HS 820420 Socket wrenches with/without handles, drives, extensions, and parts Export Value from the EU/MS (EURO) Years 2020 Rank Total non-EU 61,806,911 1 U.S.A. 13,197,033 2 Switzerland 6,812,592 3 Norway 5,426,588 4 U.S. 6,632,026 5 Turkey 1,480,089 6 Belarus 753,776 7 Ukraine 1,085,291 8 Russia 2,774,956 9 Argentina 656,629 10 Serbia 847,856 Indicators

Export Value from the EU/MS (EURO) 2021 68,418,653 12,065,175 7,506,301 5,603,098 7,302,097 1,606,969 952,215 1,108,505 2,892,925 1,498,797 1,060,679

Export Value from the EU/MS (EURO) 2022 72,866,132 11,262,036 7,503,495 5,355,030 10,027,054 2,007,265 896,982 984,868 1,544,662 1,063,244 1,246,841

Export Qty from the EU/ MS (Kg) 2020 3,367,336 956,282 346,501 346,822 153,093 74,225 103,008 126,881 191,890 55,645 80,366

Export Qty from the EU/ MS (Kg) 2021 3,346,507 650,123 367,315 354,692 163,245 92,089 139,474 129,247 196,809 58,514 88,184

Export Qty from the EU/ MS (Kg) 2022 3,137,844 477,072 343,338 307,796 156,816 127,478 122,642 115,772 105,662 97,900 95,700

2,724,557 402,413 896,334 205,670 124,433 180,686 83,771 69,479 13,289 112,836 39,490

2,842,565 613,989 655,810 235,046 132,946 147,415 89,445 76,112 15,196 134,258 48,813

2,499,738 527,558 513,400 219,601 138,763 122,337 93,182 71,407 56,549 55,945 49,186

2,374,839 1,165,271 113,251 116,398 92,989 173,578 127,006 37,800 133,480 37,274 19,514

2,711,378 1,454,343 133,521 123,835 132,924 206,317 87,271 38,011 40,664 15,847 51,907

2,032,953 987,825 129,253 119,426 117,748 82,974 82,555 41,928 40,138 35,720 28,563

HS 820540 Screwdrivers and parts Rank Total non-EU 1 U.S.A. 2 UK 3 Switzerland 4 Norway 5 China 6 Turkey 7 Australia 8 Côte d’ Ivoire 9 Russia 10 Mexico

62,292,653 13,775,792 13,896,048 4,407,624 2,809,273 5,698,409 1,386,198 2,222,613 73,298 2,426,767 685,514

76,845,884 21,262,001 14,541,403 5,874,751 3,103,818 5,505,383 1,432,152 2,500,417 82,766 3,099,139 973,067

86,806,519 25,441,505 13,946,951 6,249,298 3,432,830 5,763,923 1,838,628 2,745,203 420,659 1,359,060 939,671

Hardware & Fastener Components - no.59/2023

HS 82079030 Screwdriver bits

132

Rank Total non-EU 1 UK 2 U.S.A. 3 Switzerland 4 Norway 5 Russia 6 Turkey 7 South Africa 8 Argentina 9 Brazil 10 China

44,687,764 12,327,884 7,766,817 4,350,880 2,399,728 3,199,838 1,492,339 575,263 1,134,869 531,187 1,333,983

48,184,034 9,935,722 9,558,149 4,829,249 3,228,289 3,641,100 1,461,209 550,920 500,788 301,833 1,889,543

49,267,661 9,677,024 11,862,879 5,237,113 3,153,938 1,570,249 1,555,890 523,984 728,719 637,765 2,054,030

Source: EU Trade Helpdesk

EU

In import, the first thing you will be noticing is that China and Taiwan remained the most significant source of fastening tools for EU across all categories, where HS 820411 non-adjustable hand-operated spanners, wrenches, and parts were the most imported category into EU at an import quantity of 39,019,565 kilograms. India, Japan, Switzerland and Vietnam were competing for the third place in the ranking across all categories. All categories were growing over the past three years.

Regarding export, the U.S. and UK mostly remained the top destinations for EU’s fastening tools, where HS 820411 non-adjustable handoperated spanners, wrenches, and parts again were the most exported category from EU at an export quantity of 5,581,672 kilograms. 3rd place to 10th place were sporadically filled by different countries across all categories. All categories were growing over the past three years.

These categories were generally fluctuating in the past three years, except for HS 820412 adjustable hand-operated spanners, wrenches, and parts which were growing in quantity as well as HS 820420 screwdrivers and parts which were decreasing in quantity on to 2022. 惠達雜誌

Industry Focus >> 剖析2022-2023第一季印尼緊固工具貿易數據

Fastening Tool Trade Statistics of Indonesia in 2022 and Q1 2023

Introduction An overview of the fastening tool consumption industry provides insights into the trends and factors shaping the market.

The Car Market

Hardware & Fastener Components - no.59/2023

The car market in Indonesia has undergone significant growth and transformation in recent years. Here is an analysis of the car market in Indonesia.

134

• Market Size: The car market in Indonesia is one of the

largest in Southeast Asia and has experienced robust growth in the past decade. The increasing middle-class population, rising income levels, and urbanization have contributed to the growing demand for cars. The market has been expanding both in terms of sales volume and revenue.

The Indonesian automobile market was expected to recover to around 1.028 million units in 2022. On the other hand, the Indonesia Used Car Market size is estimated at USD 56.34 billion in 2023, and is expected to reach USD 74.47 billion by 2028, growing at a CAGR of 5.74% during the forecast period (2023-2028).

• Domestic Production and Manufacturing: Indonesia has a well-established automotive manufacturing sector.

Several international automakers have established production facilities in the country to cater to the domestic market and for export purposes. The presence of these manufacturing plants has stimulated job creation, technology transfer, and 惠達雜誌

local component manufacturing. Car production in Indonesia reached an all-time high of 1,214,250 units in 2022.

• Government Policies and Incentives: The Indonesian government has implemented policies and incentives to support the growth of the automotive industry. These include tax breaks, import duty reductions, and investment incentives aimed at attracting foreign automakers and encouraging domestic production.

The car market in Indonesia has witnessed robust growth, driven by increasing purchasing power, urbanization, and government support. The market offers opportunities for both domestic and international automakers, with a strong demand for small and compact cars, as well as a growing interest in electric vehicles.

However, challenges related to infrastructure and urban mobility need to be addressed for sustainable growth in the industry.

The Construction Market The construction market in Indonesia has shown significant growth and potential in recent years.

• Growing Construction Industry: The construction industry in Indonesia has experienced robust growth due to various factors, including infrastructure development, urbanization, and government initiatives to promote construction projects. The demand for residential, commercial, and infrastructure projects has been steadily increasing, creating opportunities for construction companies and related industries. Indonesian construction market size was US$243.2 billion in 2022. The market is projected to achieve an AAGR of more than 5% during 2024-2027.

Industry Focus >> • Infrastructure Development: Indonesia has prioritized infrastructure development as a key driver of economic growth. The government has launched large-scale infrastructure projects, such as roads, bridges, ports, airports, railways, and power plants, to improve connectivity, logistics, and public services. These projects create a significant demand for construction activities, including engineering, procurement, and construction services. The government is allocating an infrastructure budget of USD 26.3 billion in 2023, which increased by 7.8% from the infrastructure budget in 2022 that reached USD 24.2 billion.

• Urbanization and Housing Demand: Rapid urbanization and a growing middle class in Indonesia have led to increased demand for housing, commercial buildings, and urban infrastructure. The need for affordable housing, mixed-use developments, and modern facilities in urban areas has fuelled construction activities and attracted investments in the real estate sector. The Indonesian Real Estate market size is expected to grow from USD 61.22 billion in 2023 to USD 81.24 billion by 2028, at a CAGR of 5.82% during the forecast period (2023-2028).

Market Size and Trends of Fastening Tools Before 2023 The data of fastening tools shows fluctuations in Indonesia's total trade values during the given period (Table 1). The slight increase in the total trade from 2018 to 2019 indicates a relatively stable trade environment. However, the COVID-19 pandemic in 2020 likely had a significant impact, leading to a decrease in total trade values. The subsequent rebound in the total trade in 2021 suggests a recovery as economic activities resumed. The decrease in the total trade in 2022 might be influenced by various factors such as global economic conditions, changes in trade policies, or industry-specific dynamics.

After a decrease in 2019, imports increased significantly in 2020, possibly indicating increased demand for imported goods. However, there was a slight decrease in imports in 2022, suggesting a potential stabilization or adjustment in import activities.

Table 1. Indonesia’s Trade Value for Fastening Tools HS Code 8467

2018

Import from the World Growth

Key Players In the fastening tool sector in Indonesia, several countries play a significant role as main players. These countries are mentioned in the following paragraphs.

Indonesia’s Fastening Tool Export Destinations in 2022 • World: The total fastening tool export from Indonesia to the world in 2022 amounted to 9,429 thousand USD.

• USA: The United States imported 2,791 thousand USD worth of fastening tools, accounting for approximately 30% of the total import.

• Singapore: Singapore imported 2,529 thousand USD worth of fastening tools, representing around 27% of the total import.

• Hong Kong: Hong Kong imported 1,571 thousand USD worth of fastening tools, accounting for approximately 17% of the total import.

2020

2021

2022

2,023

1,571

11,209

13,115

9,429

---

-22%

613%

17%

-28%

193,665

194,697

177,002

245,476

210,576

---

1%

-9%

39%

-14%

195,688

196,268

188,211

258,591

220,005

---

0%

-4%

37%

-15%

Note: Numbers are in thousand USD

• Malaysia: Malaysia imported 1,155 thousand USD worth of fastening tools, representing around 12% of the total import.

• Others: Other importers collectively accounted for 1,383

thousand USD, which represents approximately 15% of the total import.

The USA and Singapore appear to be the two major importers of Indonesian fastening tools, collectively accounting for more than half of the total import (57%) that makes them the leading importers.

Indonesia’s Fastening Tool Import Sources in 2022 • World: The total fastening tool import into Indonesia from the world in 2022 amounted to 210,576 thousand USD.

• China: China is the leading exporter, with fastening tool

exports reaching 143,957 thousand USD, representing approximately 68% of the total export.

• Singapore: Singapore exported 20,089 thousand USD worth

of fastening tools, accounting for around 10% of the total export.

• Others: Other exporters collectively accounted for 46,530 thousand USD, representing approximately 22% of the total export.

惠達雜誌

Hardware & Fastener Components - no.59/2023

Export to the World I n d o n e s i a's e x p o r t s Growth remained relatively stable in 2018 and 2019, with a Total slight increase in 2019.

Growth However, the COVID-19 pandemic in 2020 likely had an impact on exports, leading to a decline in export values. Nonetheless, there was a significant recovery in 2021, indicating a rebound in export activities. In 2022, there was a decrease in exports, potentially influenced by various factors such as global economic conditions or specific industry dynamics.

2019

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Industry Focus >> Future of the Fastening Tool Industry and Conclusion The quarterly analysis between 2022 to 2023 (Table 2) suggests a mixed performance in the total trade values over the given quarters. The initial growth in the total trade in Q2 2022 indicates a positive economic activity. However, the subsequent decline in the total trade in the following quarters raises concerns about the economic performance. The consecutive decreases in the total trade from Q3 2 022 to Q1 2 023 ref lect a contraction in trade activities.

Table 2. Indonesia’s Trade Value for Fastening Tools in 2022 to Q1 2023 HS Code 8467

Q1 2022

Q2 2022

Q3 2022

Q4 2022

Q1 2023

Import

52,674

55,913

54,123

47,866

40,998

Growth

---

6%

-3%

-12%

-14% 1,509

Export

2,978

3,407

962

2,082

Growth

---

14%

-72%

116%

-28%

Total

55,652

59,320

55,085

49,948

42,507

Growth

---

7%

-7%

-9%

-15%

Note: Numbers are in thousand USD

Despite the challenges and recent negative numbers in the industry, the fastening tool trade in Indonesia presents several potential growth opportunities:

• Infrastructure Development: Indonesia's ambitious infrastructure development plans create a significant demand for fastening tools. Construction projects including roads, bridges, airports, and power plants will require a substantial supply of fasteners, providing opportunities for industry players.

• Industrial Expansion:

Hardware & Fastener Components - no.59/2023

The continuous growth of manufacturing sectors, such as automobile, electronics, and machinery, offers a promising market for fastening tools.

Increasing investments in these industries and the development of industrial clusters provide revenues for growth.

136

Article by Behrooz Lotfian Copyright owned by Fastener World

惠達雜誌

2022歐盟扣件進出口統計 Industry Focus >>

2022 Fastener Trade Statistics of EU HS 7318 Iron and steel screws, bolts, nuts, washers, etc.

in descending order according to volumes of 2022

Import Partner

2020 (Euro)

2021 (Euro)

2022 (Euro)

2020 (kg)

2021 (kg)

2022 (kg)

EU27

4,703,428,968

5,988,643,217

8,062,651,447

1,560,900,548

1,853,675,002

2,032,115,658

1

China

1,124,834,668

1,685,581,227

2,210,047,871

643,166,410

784,373,858

787,031,590

2

Taiwan

1,012,097,510

1,304,539,923

1,906,960,986

373,176,999

432,392,932

502,842,100

3

Turkey

250,113,831

363,799,836

562,403,729

78,892,138

116,211,570

147,794,916

4

Vietnam

193,789,700

220,459,099

404,967,185

99,433,492

98,578,051

133,270,667

5

India

187,415,500

277,337,771

411,086,901

67,732,375

97,778,212

125,971,724

6

Thailand

69,203,789

83,650,642

142,135,532

42,867,110

46,648,841

64,295,920

7

South Korea

145,461,539

179,056,244

214,855,946

30,802,225

37,193,166

40,109,675

Rank

8

Malaysia

64,884,737

74,328,333

117,280,008

32,364,162

33,575,378

37,905,366

9

U. K.

346,415,222

305,093,566

348,144,153

54,485,016

35,233,191

32,033,067

10

Switzerland

362,345,419

413,955,872

449,724,326

25,686,806

29,517,676

30,054,604

The EU imported a total of about 2.03 million tons of fasteners from the world in 2022, with China and Taiwan as the main import sources, accounting for more than 60% of the total. In addition, Turkey, Vietnam and India were also very important import partners for the EU, with individual imports of more than 100,000 tons. In 2022, only the UK in the top 10 sources of imports showed a slight decline, while all the other sources were on a growing trend. In terms of value, the EU imported a total of about EUR8.06 billion from the world in 2022, up 25.8% from EUR5.98 billion in 2021, with the top 10 sources showing a significant year-on-year growth. The data also shows that the EU is highly dependent on the supply chain of fasteners from Asia.

Partner

2020 (Euro)

2021 (Euro)

2022 (Euro)

2020 (kg)

2021 (kg)

2022 (kg)

EU27

4,317,739,262

4,893,847,505

5,356,393,152

569,476,149

632,737,789

594,244,201

1

U.S.A.

734,509,127

851,680,614

991,916,924

79,202,141

98,224,763

92,401,145

2

China

855,890,985

889,621,304

864,687,914

96,393,983

98,323,894

90,563,141

3

U. K.

464,303,040

532,346,729

579,686,814

71,514,835

77,777,339

73,031,141

4

Switzerland

276,058,679

328,785,939

380,811,386

36,737,157

42,586,785

43,577,546

5

Mexico

192,112,821

230,600,829

275,522,527

27,686,516

33,638,580

38,080,004

6

Turkey

190,304,362

211,821,879

267,336,627

29,857,349

31,281,788

35,403,634

7

Brazil

146,446,454

182,719,905

214,324,486

22,569,171

29,992,842

31,361,223

8

India

99,628,133

146,247,930

170,676,392

13,304,756

19,794,204

20,040,117

9

Norway

122,524,195

125,111,263

146,971,094

21,430,498

19,197,941

17,587,184

10

Morocco

78,485,181

96,349,528

112,946,849

9,863,875

14,512,843

15,151,479

Rank

Exports of fasteners from the EU grew from 569,000 tons in 2020 to 632,000 tons in 2021, and then down to 594,000 tons in 2022.

The U.S., China and the U.K. ranked respectively as its largest to third largest export destinations, with the three countries altogether accounting for more than 40% of the total. Exports to Switzerland, Mexico, Turkey and Brazil also reached at least 30,000 tons each.

However, the data show a decreasing trend in the volumes of fasteners exported from the EU to the US, China and the UK in 2022 on a year-on-year basis, while the portions exported to Switzerland, Mexico, Turkey, Brazil, India and Morocco all showed growth.

In terms of value, the EU's fastener exports grew from 4.31 billion euros in 2021 to 5.35 billion euros in 2022, with all of the top 10 export destinations showing growth in 2022 except for China, which showed a year-over-year decrease.

Article by Gang Hao Chang, Vice Editor-in-Chief of Fastener World; Copyright owned by Fastener World

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Hardware & Fastener Components - no.59/2023

Export

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Industry Focus >> 2022-2023第一季馬來西亞緊固工具貿易統計

Fastening Tools Trade Statistics of Malaysia in 2022 Through Q1 2023 Introduction The fastening tools ma rket in Malaysia has witnessed significant growth in recent years, driven by various factors such as infrastructure development, construction projects, and the growing manufacturing sector. This article aims to provide trade statistics and insights into the fastening tool market in Malaysia from 2022 through Q1 2023, including key trends, and prospects for the industry.

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Growing Demand in Construction and Manufacturing

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T h e c o n s t r u c t i o n i n d u s t r y i n M a l ay s i a h a s b e e n experiencing steady growth, with numerous infrastructure projects in progress across the country. These projects, including commercial buildings, residential complexes, and transportation networks, require a wide range of fastening tools for various applications such as drilling, screwing, and nailing.

Some of the major mega projects include but are not limited to the upgrade of the Klang Valley Double Track (KDVT) Phase 2 and acceleration of ongoing projects, such as the East Coast Rail Link and the 5G network rollout.

Similarly, the manufacturing sector’s expansion has increased the demand for fastening tools in assembly and production lines such as semiconductor production facilities as well as automotive manufacturing.

Shift Towards Electric and Cordless Tools One noticeable trend in the fastening tool market is the increasing preference for electric and cordless tools. These tools offer enhanced mobility, convenience, and efficiency compared to traditional manual or pneumatic options. The shift towards electric and cordless tools can be attributed to advancements in battery technology, providing longer runtimes and faster charging capabilities. Manufacturers are introducing innovative features such as brushless motors, ergonomic designs, 惠達雜誌

and smart connectivity, further boosting the appeal of electric and cordless fastening tools.

According to the analysis by Data Bridge Market Research, the power tool market in Malaysia is projected to experience substantial growth from 2022 to 2029. It is anticipated to register a notable compound annual growth rate (CAGR) of 4.9% during this period, reaching a market value of USD 577.73 million by 2029. The robust expansion of Malaysian power tool market can be attributed to factors such as the rising popularity of cordless power tools and the widespread integration of brushless motors in power tools, enhancing their efficiency and performance. These trends reflect the growing demand for advanced and user-friendly power tools among professionals and DIY enthusiasts in Malaysia.

Rise of E-Commerce and Online Distribution Channel The emergence of e-commerce platforms and online distribution channels has significantly impacted the fastening tools market in Malaysia. Online platforms provide a convenient and extensive marketplace for both consumers and businesses, offering a wide range of products, competitive pricing, and doorstep delivery. This trend has allowed smaller and niche fastening tool manufacturers to reach a broader customer base and compete with established brands. Additionally, online platforms facilitate easy product comparisons, customer reviews, and efficient supply chain management.

Key Players and Competitive Landscape The fastening tool market in Malaysia is characterized by the presence of both local and international players. Established global brands dominate the market, offering a diverse range of high-quality fastening tools. The international players have a strong distribution network, brand reputation, and extensive prod-

Industry Focus >> uct portfolios. Local manufacturers also contribute to the market with their specialized products and cater to specific customer segments.

Graph 1. Malaysia’s HS Code 8467 Import Sources (in million USD) 70

Import and Export Dynamics The fastening tool trade in Malaysia plays a crucial role in meeting the market demand for various types of tools and equipment. The country serves as both an importer and exporter of fastening tools, facilitating the flow of products within the domestic market, and engaging in international trade.

Imports Malaysia imports a significant portion of its fastening tools to cater to the growing demand from various industries. The imports encompass a wide range of products. The main sources of fastening tool impor ts include countries such as China, Japan, Germany, the United States, and Taiwan.

These countries are known for their established manufacturing capabilities, product quality, and competitive pricing.

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Based on Department of Statistics Malaysia (DOSM), we can observe the import trends for HS Code 8467 (i.e., tools for working in the hand, pneumatic, hydraulic or with self-contained electric or non- electric motor) in Malaysia (Graph 1). China has been the largest exporter of these tools, followed by Japan, Hong Kong, and Singapore. It is interesting to note the significant increase in imports from Hong Kong in quarters one and two in 2022. Other countries like Brazil, Taiwan, Germany, and the USA also contribute to the import volume, albeit at a lower scale. The figures in the right chart are in million USD.

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In 2023, China’s dominant position as the main exporter of these tools to Malaysia is expected to continue, given its strong manufacturing capabilities and competitive pricing. Japan, known for its advanced technology and quality products, is likely to maintain its position as the secondlargest exporter. Hong Kong and Singapore, being important trade hubs in the region, are expected to sustain their contributions to Malaysia’s imports of these tools. While other countries like Brazil, Taiwan, Germany, and the USA play a smaller role in terms of import volume, they still contribute to the overall supply of these tools in the Malaysian market.

Overall, the import trend for fastening tools in Malaysia remained of consistent in Q1 2023, with some progress and improvements in the numbers.

Exports W hile Malaysia primarily relies on imports to meet its fastening tool requirements, it also participates in the global market by exporting its locally manufactured products. Malaysian fastening tool manufacturers have gained recognition for their 惠達雜誌

60 50 40 30 20 10 0

2021 (Q4)

2022 (Q1)

2022 (Q2)

2022 (Q3)

World

China

Japan

Hong Kong

Brazil

Taiwan

Germany

USA

2022 (Q4)

Singapore

Source

2021 (Q4)

2022 (Q1)

2022 (Q2)

2022 (Q3)

2022 (Q4)

World

56.642

46.067

57.563

61.434

45.113

China

38.465

28.24

32.419

38.17

26.575

Japan

3.151

2.762

3.216

3.308

3.338

Hong Kong

1.295

1.672

8.367

6.858

3.216

Singapore

2.08

1.895

2.558

2.743

2.374

1.728

1.767

120

Brazil

2.828

2.193

1.976

100Taiwan

1.346

2.345

1.501

1.89

1.608

80Germany

2.274

2.266

2.31

1.558

1.257

USA

1.124

1.154

0.855

1.153

1.2

60 40

high-quality products, competitive pricing, and adherence to international 20 standards. The export market for Malaysian fastening tools encompasses 0 neighbouring countries in the ASEAN region, as well as other international 2021 (Q4) 2022 (Q1) 2022 (Q2) 2022 (Q3) 2022 (Q4) markets. These exports contribute to the growth of the country’s economy and furtherWorld enhance its position in the global fastening tool industry.

Hungary Germany According to the statisticsUnited provided the Department China States by of America Brazil of Statistics Malaysia (DOSM), the data reveals the following insights into Malaysia’s South Korea Singapore Russian Federa�on fastening tool exports.

Among the listed countries, Hungary emerged as the top market for Malaysian fastening tools in Q4 2022. The export value to Hungary reached USD 9.4 million, demonstrating strong demand and market presence for Malaysian products in Hungary.

In Q4 2022, the export value to Hungary was USD 9.445 million, while in Q1 2023, based on the latest data from ITC trade statistics for international business development, the values were USD10.75 million combining the figures of USD 2.737 million for January, USD 3.750 million for February, and USD 4.268 million for March.

This indicates a significant increase in export value to Hungary in Q1 2023 compared to the previous quarter. The growth in export value suggests a positive trend and a potential increase in demand for Malaysian fastening tools in the Hungarian market during the period.

Industry Focus >> Graph 2. Malaysia’s HS Code 8467 Export Destinations (in million USD) 120 100 80 60 40 20 0

2021 (Q4)

2022 (Q1)

2022 (Q2)

2022 (Q3)

2022 (Q4)

World

Hungary

Germany

China

United States of America

Brazil

South Korea

Singapore

Russian Federa�on

Source

2021 (Q4)

2022 (Q1)

2022 (Q2)

2022 (Q3)

2022 (Q4)

World

111.645

103.199

91.734

72.535

55.318

Hungary

13.143

13.072

11.212

7.16

9.445

Germany

14.108

17.862

10.736

4.594

5.24

China

11.951

10.346

10.952

7.017

5.138

USA

11.252

9.677

13.048

7.411

4.571

Brazil

2.759

2.322

2.731

2.217

3.077

S. Korea

5.937

5.834

3.497

5.76

2.972

Singapore

8.095

6.759

4.456

4.247

2.308

Russia

3.117

0.802

0.016

0.186

2.216

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Germany also showed a significant demand for Malaysian fastening tools, with an export value of USD 5.24 million in Q4 2022. This indicates a notable market performance and highlights the competitiveness of Malaysian products in German market.

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Other countries, such as China, the USA, Brazil, S. Korea, Singapore, and Russia also displayed varying levels of demand and market performance for Malaysian fastening tools.

Overall, the latest data reaffirms the strong performance and global competitiveness of Malaysia’s fastening tool exports, with Hungary and Germany standing out as key markets for Malaysian products.

Trade Challenges and Opportunities The fastening tools trade in Malaysia faces certain challenges and opportunities that influence its dynamics.

Tariffs and Trade Barriers: The imposition of import tariffs and trade barriers by certain countries can affect the cost competitiveness of Malaysian fastening tools in the international market. Manufacturers and exporters need to navigate these trade barriers to expanding their market reach.

Product Quality and Compliance: Ensuring product quality and compliance with international standards is crucial for Malaysian manufacturers to gain trust and acceptance in the global market. Adhering to quality control measures, certifications, and industry standards enhances the competitiveness of Malaysian fastening tools in international trade.

Market Expansion and Product Diversification: Exploring new markets and diversifying the range of fastening tools offered can create opportunities for Malaysian manufacturers. Identifying niche markets, developing innovative products, and addressing specific customer needs can help capture a larger share of the global fastening tools trade.

Collaboration and Partnerships: Collaboration between local manufacturers, industry associations, and government bodies can support the growth of the fastening tool trade in Malaysia. Such partnerships can facilitate knowledge sharing, technological advancements, and market access, leading to increased competitiveness and export potential.

Outlook and Opportunities The fastening tool market in Malaysia is poised for continued growth in the coming years. The government’s emphasis on infrastructure development, the expansion of manufacturing activities, and the increasing focus on renewable energy projects are expected to drive the demand for fastening tools.

Moreover, the introduction of advanced technologies, such as Internet of Things (IoT)-enabled tools and automation, will further shape the market’s future.

Additiona lly, t here is a g rowi ng awa reness of environmentally friendly and sustainable fastening solutions, opening doors for eco-conscious products and innovations.

Conclusion The fastening tool trade in Malaysia encompasses both imports and exports, allowing the country to meet domestic demand and participate in the global market.

While Malaysia relies on imports for a significant portion of its fastening tools, local manufacturers contribute to the export market by offering high-quality products. Overcoming trade challenges, maintaining product quality, exploring new markets, and fostering collaborations are key strategies for the growth and success of the fastening tool trade in Malaysia.

Sources: Malaysia Power Tools Market – Industry Trends and Forecast to 2029, by Data Bridge Market Research ITC Trade Map, Trade Statistics for International Business Development

Article by Shervin Shahidi Hamedani; Copyright owned by Fastener World 惠達雜誌

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Industry Focus >>

Chinese Fastening Tools Manufacturers’ Countermeasures to Reduce Carbon Emission 中國緊固工具廠商的減碳對策

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Introduction

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According to the data from the Global Carbon Atlas, China is currently the world’s largest emitter of carbon dioxide (CO2), accounting for around 28% of global CO2 emissions in 2020. This is due in large part to China’s heavy reliance on coal for electricity generation, as well as its significant industrial output. However, it is worth noting that China has also made significant progress in reducing its carbon intensity (the amount of carbon emissions per unit of GDP), and has set ambitious targets for reducing its overall carbon emissions in the coming years. China has implemented several policies and initiatives to address carbon emissions and climate change, including: A. Carbon trading system: China launched its national carbon trading system in 2021, which covers around 2,200 power plants and is the largest carbon market in the world. The system aims to help reduce emissions from the power sector and promote cleaner energy sources.

B. Renewable energy targets: China has set ambitious targets for renewable energy, including a goal to reach peak carbon emissions by 2030 and achieve carbon neutrality by 2060. The country has also set targets for wind, solar, and hydro power capacity, with a goal of reaching 1,200 gigawatts by 2030.

C. Green finance: China has launched several initiatives to promote green finance, including issuing “green bonds” and establishing a green development fund. These efforts aim to support investments in sustainable infrastructure and technologies. 惠達雜誌

D. Energy efficiency standards: China has implemented energy efficiency standards for buildings, appliances, and vehicles, which aim to reduce energy consumption and associated emissions.

E. Carbon capture and storage: China has several carbon capture and storage (CCS) projects underway, aimed at capturing and storing carbon emissions from industrial facilities and power plants.

Fastening Tools Manufacturers and Carbon Reduction Policies 1. Improving Energy Efficiency Manufacturers have adopted new technologies and improved their production processes to reduce energy consumption and improve energy efficiency. These include using more efficient machinery, optimizing production schedules, and upgrading equipment to more energy-efficient models.

Some examples of these more efficient manufacturing machines include: Automated Assembly Machines: Automated assembly machines use robotics and other technologies to automate the assembly process for fastening tools. These machines can perform tasks such as sorting, feeding, and assembling parts with high speed and accuracy.

Industry Focus >>

Laser Cutting Machines: Laser cutting machines use laser technology to cut and shape materials, such as metal and plastic, with high precision and speed. These machines perform complex cutting operations that would be difficult or impossible to achieve with traditional cutting tools.

Waterjet Cutting Machines: Waterjet cutting machines use high-pressure water and abrasive materials to cut and shape materials. These machines are precise, efficient, and can be used to cut a wide range of materials, including metals, plastics, and composites.

2. Switching to Renewable Energy Manufacturers are switching to renewable energy sources like solar, wind, or hydro power to power their production facilities.

This significantly reduces their carbon footprint and helps mitigate the effects of climate change. Some examples of fastening tools manufacturers and the fasteners industry are: A hardware products company has installed a 200-kilowatt rooftop solar panel system on its factory in Wenzhou, China. The solar panels generate approximately 230,000 kilowatt-hours of electricity per year, which is equivalent to the energy consumption of 100 households.

A rivet company has installed a 3.6-megawatt solar panel system on its production facility in Shanghai, China. The solar panels generate approximately 4.2 million kilowatt-hours of electricity per year, which is equivalent to the energy consumption of 1,500 households.

A hardware manufacturing company has installed a rooftop solar panel system on its factory in Ningbo, China. The solar panels generate approximately 500,000 kilowatt-hours of electricity per year, which is equivalent to the energy consumption of 180 households.

3. Reducing Waste By adopting lean manufacturing practices and reducing waste, manufacturers can reduce their carbon footprint and save money.

This can include reducing material usage, optimizing packaging, and implementing recycling programs. Some examples of fastening tools manufacturers and the fasteners industry are: A hardware company has implemented initiatives to reduce material waste and optimize packaging. It has installed equipment to recycle waste materials, such as metal shavings and cutting scraps, and using recycled materials in their production processes whenever possible. It has also implemented eco-friendly packaging solutions, such as using biodegradable materials and reducing the overall amount of packaging used.

A machinery company in Suzhou, China has implemented initiatives to reduce material waste and optimize packaging. It has implemented a waste reduction program that focuses on reducing material usage and improving production processes to reduce waste. It has also optimized its packaging to reduce the number of materials used and increase the efficiency of transportation and storage.

A h a r d wa r e c o m p a ny i n D o n g g u a n , C h i n a h a s implemented a recycling program to reduce waste and improve sustainability. It has implemented a system to sort and recycle waste materials, such as metal scraps and cutting fluids, which are then reused in its production processes. It has also implemented initiatives to reduce energy usage and improve the efficiency of its production processes.

4. Adopting Green Transportation Manufacturers can reduce emissions from transportation by adopting more sustainable transportation options, such as electric vehicles or hybrid vehicles, or by optimizing their shipping schedules to reduce the number of trips.

Some examples of the fastening tools manufacturers are: A company in Suzhou, China has adopted electric vehicles (EVs) for its logistics and transportation operations. It has a fleet of EVs that are used for the transportation of goods and materials, reducing its carbon footprints and contributing to a cleaner environment.

A company in Ningbo, China has implemented a logistics system that uses environmentally-friendly vehicles, such as hybrid and electric trucks, for transportation. It has also optimized its logistics routes to reduce travel distances and emissions.

A rivet company in Shanghai, China has adopted a green transportation system that uses alternative fuels, such as compressed natural gas (CNG), for its delivery trucks. It has also optimized its logistics processes to reduce the amount of fuel used and the carbon emissions associated with transportation.

A company in Wuxi, China has implemented a green transportation system that includes the use of electric tricycles for the delivery of goods and materials. It has also optimized its logistics processes to reduce travel distances and emissions.

References: “Improving Energy Efficiency in Manufacturing: A Case Study of China’s Iron and Steel Industry”: https://www.mdpi.com/19961073/13/10/2568/htm “Renewable E nergy in China: Current Status and Future Prospects”: https://www.mdpi.com/2071-1050/10/12/4425/htm “Waste Reduction and Lean Manufacturing”: https://www. sciencedirect.com/science/article/pii/B9780128095199000133 “Electric Vehicle Adoption in China: Lessons for India”: https:// www.sciencedirect.com/science/article/pii/S1364815217309445 “Carbon Capture and Storage in China: Current Status and Future Prospects”: https://www.sciencedirect.com/science/article/pii/ S1364032115004988 “Research and Development in Manufacturing”: https://www. sciencedirect.com/science/article/pii/B9780128176538000073 “Environmental Management Systems”: https://www.iso.org/ iso-14001-environmental-management.html “Green Supply Chain Management”: https://www.sciencedirect. com/science/article/pii/B9780128052918000032 “Employee Education and Training”: https://www.epa.gov/ems/ employee-education-and-training “ISO 14001 Environmental Management System Standard”: https:// www.iso.org/iso-14001-environmental-management.html

Article by Sharareh Shahidi Hamedani / Copyright owned by Fastener World

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3D Printing Machines: 3D printing technology has been adopted by some fastening tool manufacturers to produce prototypes and small batch production runs. This technology allows for rapid prototyping and customized designs, reducing the time and costs associated with traditional manufacturing processes.

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Industry Focus >>

Analyzing the Post-pandemic

Chinese Construction Fastener Market 疫後中國建築扣件市場變化剖析 T

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he COVID-19 pandemic had a significant impact on the global economy, and the Chinese construction fastener market was not immune to this impact. However, with the rollout of vaccines and the gradual reopening of Chinese economy, the construction fastener market in China is poised to recover and grow.

Chinese Infrastructure Projects and Its Relation to Construction Fasteners One of the key drivers of the Chinese construction fastener market is the country’s massive infrastructure development projects. Chinese government has announced plans to spend trillions of dollars on infrastructure (buildings, bridges, tunnels, and other infrastructure projects) over the next few years, which will create a huge demand for construction fasteners.

Additionally, the increasing urbanization in China, coupled with rising disposable incomes, is expected to drive demand for housing, which will further fuel the construction fastener market. Some of the projects that improve the numbers in the construction fastener sector are: Belt and Road Initiative: This is a massive infrastructure project that aims to connect Asia, Europe, and Africa through a network of roads, railways, ports, and other infrastructure.

The Chinese government has already committed over US$1 trillion to this project, and it is expected to continue for many years.

High-speed Rail: China has the world’s largest high-speed rail network, with over 22,000 miles of track. The government plans to continue expanding this network, with a target of 30,000 miles of high-speed rail by 2025.

Urbanization: China’s urbanization rate is expected to reach 70% by 2030, which will require significant investments in urban infrastructure such as transportation, housing, and utilities.

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惠達雜誌

Article by Sharareh Shahidi Hamedani Copyright owned by Fastener World

Renewable Energy: China is the world’s largest producer of renewable energy, and the government plans to continue investing in this sector. In 2020, the government announced a plan to invest over US$360 billion in renewable energy by 2025. (The constr uction of 5G inf rastr ucture often involves the installation of small cell sites on utility poles, streetlights, and other existing inf rastr ucture.

This requires specialized fasteners that can securely attach small cells to the existing infrastructure without damaging it.)

5G Network: China is also investing h e av i ly i n 5G n e t wo r k s, w it h a target of providing 5G coverage to all urban areas by 2025. This will require significant investments in infrastructure such as base stations, fibre optic cables, and data centres.

(The construction of 5G infrastructure requires a variety of constr uction fasteners that support the installation of

Industry Focus >> key infrastructure projects, including Hong Kong-Zhuhai-Macao Bridge and BeijingShanghai High-Speed Railway. As the use of smart fasteners becomes more widespread in China, it is expected that this technology will play an increasingly important role in the country’s infrastructure development plans.

According to a recent report by Grand View Research, the global smart fasteners market was valued at USD 187.4 million in 2019 and is expected to reach USD 414.2 million by 2027, growing at a CAGR of 10.4% from 2020 to 2027. China is the fastest growing country in the world in this sector.

E-commerce and Its Effect on Chinese Consumption of Construction Fasteners

Airport Expansion: China has the world’s largest aviation market and plans to expand its airport network significantly. The government has announced plans to build new airports and expand existing ones, with a goal of having 450 airports by 2035.

Rural Infrastructure: Chinese government is also investing in infrastructure projects in rural areas, such as building new roads, bridges, and water supply systems. This is aimed at improving living standards and reducing poverty in these areas. Chinese government plans to invest CNY 1.2 trillion (approximately USD 183 billion) in rural infrastructure over the next three years.

The Chinese Consume Smart Fasteners in Their Construction Projects Another trend that is expected to drive the Chinese construction fastener market is the growing adoption of smart fasteners. As the demand for safer and more durable structures increases, smart fasteners are likely to become more widely adopted. Chinese government has been promoting the use of smart fasteners in various infrastructure projects as a way to improve the efficiency and safety of these structures.

Smart fasteners are designed to provide real-time monitoring of the performance of structures they are installed in, by measuring factors such as stress, temperature, vibration, and strain. Chinese government has recognized the potential benefits of using smart fasteners in various infrastructure projects, including bridges, tunnels, highways, railways, and buildings. The use of smart fasteners can help to detect potential problems early, prevent structural failure or damage, and reduce maintenance costs over the long term. In recent years, Chinese government has been investing in the research and development of smart fasteners and promoting their use in infrastructure projects.

For example, the government has launched a Smart Fasteners Industrial Technology Innovation Strategic Alliance to coordinate research and development efforts in this area. In addition, Chinese government has included the use of smart fasteners in several

Conclusion In conclusion, Chinese construction fastener market is expected to recover and grow after the pandemic, driven by massive infrastructure development projects, increasing urbanization, rising disposable incomes, and the adoption of smart fasteners.

The trend towards e-commerce is also expected to continue, providing customers with greater convenience and access to a wider range of products. According to these changes, the future of construction fasteners in China looks promising, with the market expected to experience steady growth over the coming years. According to a report by QYResearch, the construction fastener market in China was valued at approximately USD 11.0 billion in 2022 and is expected to reach USD 12.8 billion by the end of 2027, growing at a CAGR of 3.1% between 2022 and 2027. 惠達雜誌

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5G equipment. These fasteners are used in the installation of antennas, base stations, and other equipment that make up the 5G network.)

The COVID-19 pandemic has also accelerated the adoption of e-commerce in Chinese construction fastener market.

Online sales platforms have become increasingly popular, providing customers with greater convenience and access to a wider range of products. This trend is expected to continue post-pandemic, with more companies embracing e-commerce as a key channel for sales. According to a report

by Technavio, the market size of online sales of industrial fasteners in China was estimated to be USD 1 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of approximately 10% between 2023 and 2027. This suggests that a significant portion of fastener trade is now taking place online in China.

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Industry Focus >>

Girding up for CBAM,

Emerging Countries on the Front Line of Carbon Tax 歐盟碳稅巨浪將襲前灘 新興國家各自出招

What is the Scale of Impact of CBAM on Developing Countries?

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According to a press release issued by the United Nations Conference on Trade and Development (UNCTAD), the EU Carbon Border Adjustment Mechanism (CBAM) could have a negative impact on the income of developing countries.

Based on the EU carbon price of US$44 per ton, developing countries would see a total income reduction of US$5.86 billion. CBAM's targeting of high-carbon-emitting industries at this stage could have a dramatic impact on developing countries once it is extended to more industries in the future or if advanced countries are to adopt similar measures.

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The impact of CBAM on the global steel and fastener industries is significant and far-reaching. It has been the subject of intense debate among government, industry, and society in Taiwan. The impact of CBAM on Taiwan has been analyzed in a series of detailed articles in our bimonthly Fastener World Magazine.

In t h is issue of Emerging Fastener Markets Special Edition, we focus on emerging count r ies a nd developing countries. In this article, we look at how these countries are currently assessing the impact of carbon tax that will be introduced on a trial basis and implemented in the near future, and what they have done so far to cope with it. 惠達雜誌

India According to the latest report by the Global Trade Research Initiative (GTRI), which is an Indian economy think tank, CBAM covers 777 tariff codes on India's exports to the European Union (EU) and will affect nearly US$10 billion worth of India's exports to the EU. The Federation of Indian Export Organizations (FIEO) has warned that CBAM could make the Free Trade Agreement between India and the EU as well as other countries redundant, as many exporters will see prices of their goods go up by nearly 20%, prompting companies affected by the tax to dump their goods in India. As 27% of India's steel and aluminum exports (US$8.2 billion in total) went to the EU in 2022, CBAM will pose a serious challenge to India's metals industry.

In response, India intends to file a complaint with the World Trade Organization. The Indian government believes that the carbon tariff proposed by the EU is discriminatory and amounts to a trade barrier that will hit exports from India and many other developing countries. From India's point of view, their steel companies and small manufacturers need more time to meet the EU standards. India is working

Industry Focus >> In addition, India's steel minister said in a press interview that India has no choice but to move quickly towards green steel. He further hinted that the government may make it mandatory for local steel companies to dedicate part of their capacity to green steel production and expand the use of green steel. Speaking at the International Conference on Green Hydrogen, the Renewable Energy Minister said that India is constructing a 13,000 MW renewable energy plant in Ladakh to transmit green power across the country. This green power will also be used to produce green hydrogen. India is planning to supply 11 million tons of green hydrogen annually to the EU and Singapore which in turn will invest in India's clean energy projects.

Indonesia Indonesia has set a target of reducing 30% of carbon emissions by 2023 and achieving net zero by 2060. In October last year, Indonesia sought about US$4 billion from World Bank and Asian Development Bank donors to help it detach from reliance on coal, with a view to stepping up its carbon reduction measures, including the development of solar, geothermal and nuclear energy as alternatives to coal.

In addition, Indonesia originally planned to impose a carbon tax of Rp30 per kilogram of carbon dioxide equivalent (CO2e) in April last year, with the tax to be extended from 2025 onwards. However, due to the pandemic and geopolitics, the carbon tax was postponed twice, and no new date has been announced yet.

Before the carbon tax, however, Indonesia has already set carbon trading rules in 2021, confirming the adoption of a "cap-and-trade" mechanism, as well as the establishment of carbon credit exchange. The exchange is scheduled to open in September this year, which means that if Indonesia does impose carbon tax in the future, it will provide two options, either carbon taxation or carbon trading.

Vietnam, Malaysia, Thailand Vietnam plans to reach net zero by 2050, and its Ministry of Finance presented a draft carbon market development plan in July. The Ministry of Natural Resources and Environment (MNRE) will work on a carbon credit management mechanism in the second quarter of 2024. Vietnam has set a target of establishing a carbon trading platform by 2025, with a view to launching it in 2026.

Thailand is also considering establishing a national carbon market. with other developing countries to explore the feasibility of pushing for a delay in the implementation of CBAM. In addition to striking back, India is also establishing domestic measures in response and developing a policy framework for building a carbon market. They have set up an interministerial group to discuss the impact of CBAM. The group has assessed that exports of steel, iron and aluminum products made in India to the EU will be subjected to a duty of 20% to 35%. The group is discussing a number of measures to mitigate the impact of CBAM, including mutually recognized inspection and certification bodies, and the Carbon Credit Trading Scheme (CCTS).

Brazil, Chile This June, the Brazilian government expressed its attention to the draft Carbon Credit Market Bill reviewed by the Congress and hoped to establish an internationally recognized "Brazilian Carbon Emission Measurement Mechanism" (BCEMM). In order to break away from the constraints from international carbon measurement organizations and to accelerate the progress of negotiations between Mercosur and the European Union, Brazil is proposing the issuance of a "Brazilian Carbon Emissions Certificate" (BCEC). In the future, Brazilian impor ters of EU products will have the option of purchasing CBAM certificates on their own, or Brazilian exporters will have the option of presenting proof of purchasing carbon emissions for compliance with CBAM, which is expected to attract US$25 billion in investment by 2030 if the bill is passed.

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Malaysia has revised its Nationally Determined Contribution (NDC) target to reduce 30% carbon emissions by 2030 and is developing a strategic roadmap to accelerate its energy transition program.

Chile is considering establishing a carbon trading market along with considering the implementation of carbon tax. 惠達雜誌

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Industry Focus >> China China exports about 3.89 million tons of steel annually to the EU, valued at about US$6.44 billion. Based on the current CBAM rules and the price of carbon in the EU carbon market, the cost of export for China's steel industry will increase by about 4% to 6%, and China will need to pay a carbon tax between US$200 million and US$400 million per year to the EU. This June, France rallied 22 allied countries to support imposing carbon tax on ships. Ship transportation accounts for more than 80% of global trade, and shipping accounts for 2.9% of total carbon emissions, but this is not taxed. If the IMO (International Maritime Organization) imposes carbon tax, it will use the tax (hundreds of billions of dollars a year) to subsidize poor countries' response to climate change.

For China, this would be a blow to its own interests. China has warned that overly ambitious emission reduction targets will severely hamper the sustainability of international shipping, dramatically increase supply chain costs, and jeopardize the recovery of the global economy. The foreign press have revealed that China has asked poorer countries to join its opposition to the carbon tax on shipping and to tougher decarbonization targets.

In 2011, China launched carbon emissions trading pilot projects in Beijing, Tianjin, Shanghai, Chongqing, Guangdong, Hubei and Shenzhen, covering more than 20 industries such as power, steel and cement, and close to 3,000 emission organizations. On July 16, 2021, China launched the carbon emissions trading market. As of July 2022, the cumulative carbon emission transaction was 194 million tons, with a cumulative turnover of RMB 8.492 billion.

Russia, Ukraine, Turkey

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A study by think tanks Sandbag and E3G predicts that by 2026, the CBAM fee on imported Russian products will reach US$15.4 billion. By 2035, when the EU's free carbon allowances are reduced to zero, the CBAM fee will reach US$65.7 billion. Ukraine and Turkey are expected to pay US$976 million and US$924 million respectively by 2035.

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Russia has announced that it will achieve net zero by 2060, but its energy strategy is still largely based on the burning of fossil fuels. Russia has no carbon tax or emissions trading as of March this year, making it vulnerable to future carbon tariffs imposed by the European Union or other export partners.

Turkey has announced 41% reduction in carbon emissions by 2030 and net zero by 2053. The Turkish government will develop a national program to scale up the supply of carbon credits to help achieve its net-zero goal and detach from reliance on renewable energy projects.

New Zealand New Zealand announced in May this year that it would implement the largest carbon reduction program in the country's history, spending US$140 million to subsidize the steel giant Steel Corporation

of New Zealand (SCNZ), with the goal of shifting to renewable green power. This policy is equivalent to cutting carbon emission from 300,000 cars. If the program runs smoothly, New Zealand's carbon emission will be reduced by 800,000 tons per year, which is equivalent to the carbon emission of all cars in Christchurch, the largest city in New Zealand. This will help New Zealand to achieve the goal of net zero by 2050.

Africa In estimation, that CBAM will cost Africa US$25 billion per year, which will reduce Africa's GDP by 0.91%, three times higher than the EU's commitment of €6.3 billion to Africa in 2021. CBAM will become a major challenge to Africa's economic development.

As a result, most Af r ican countr ies a re consider ing the establishment of voluntary carbon emission reduction mechanisms. Nigeria has announced a legal framework for the establishment of their respective domestic emissions trading systems and set up the Africa Carbon Market Initiative. The driving factors behind the initiative include the development of the international carbon market, the need for domestic revenue, the impact of international trade, and the need for political maneuvering, etc.

CBAM, a Double-edged Sword Summarizing the above situations of emerging and developing countries, we can see that the economic impact of CBAM on these countries is no less than that of other advanced countries.

Even in China, where a carbon trading platform was launched more than a decade ago, there are still many issues to be resolved. Many countries outside of China still have incomplete carbon markets. Even though carbon trading has been discussed and piloted for years in advance, the EU's carbon tax came as a surprise to many on the front line of trade.

Countries with immediate business interests that are directly impacted on a large scale, such as China and India, are looking to delay the official implementation of CBAM by joining forces with others. This buries concerns for political, economic, and trade conflicts after CBAM is officially implemented in the future. In addition, CBAM is still found to have loopholes that can be exploited by business organizations in some countries, and some experts doubt that CBAM can actually reduce global carbon emission by a large amount.

However, from another perspective, CBAM has indeed prompted some capable manufacturers to start conducting carbon inventories and planning for carbon neutralization.

CBAM is like a double-edged sword, and all citizens of the earth must walk on a fine line, and find a new balance between the economy and environmental protection while looking for common grounds for each other.

Article by Dean Tseng, Fastener World / Copyright owned by Fastener World 惠達雜誌

Technology >>

Technology of Mechanical Joining

機械性接合工藝教育的重要性 First, some popular aphorisms and thoughts by wise people:

“He who loves practice without theory is like the sailor who boards ship without a rudder and compass and therefore never knows where he may cast.”

- Leonardo da Vinci

“... we must not only invest sufficient funds in science, but the education must also become a priority”.

- Zuzana Čaputová, President of the Slovak Republic

“It's not derogatory to be stupid, but stupid to stay it's a shame” - N.N.

Introduction In the works of many authors, the contrast between the importance of screw connections in the mechanical connection of parts and the attention paid to them by the professional society was repeatedly emphasized. And the reason? Fastener elements are produced on a mass scale, are easily available and, above all, cheap. I recently conducted a small experiment. In front of the entrance gate to an unnamed Fastener Fair, I threw a bolt (Fig. 1) on the ground and watched from afar to see what would happen.

Apart from some people kicking it, nothing happened at all. No one stopped to wonder what the screw was doing there, how it got there, and why it came loose. Everyone was hurrying about their business. No one realized that a screw as such can also serve as a valuable study material.

There Would be No Industrial Revolution Without the Threaded Fasteners “Mission” T he Wat t engine (Fig. 2) was a def in ing development of the Industrial Revolution because of its rapid incorporation into many industries. James Watt could start the industrial revolution with his invention because, metaphorically speaking, he stood on the shoulders of the pioneers of the development of screw joints. And, there were not a few of them.

Fig. 3 shows only the torso of them.

Let one of the most professional continue to talk about it.

Chief of Mechanical Engineering Department of Design Engineering and Joining Technology of University of Applied Sciences Zwickau, Germany, Prof. Dr.-Ing. Bohumil Brůžek said: “In practice, bolts are the most widely used machine components. The use of bolted joints is very versatile. A failure of the bolted joint could cause serious consequences. Therefore, proper design, dimensioning and subsequent assembly of bolted joints is of great importance. In industrial practice, however, the importance of bolted joints is very often underestimated and bolts are only used according to "feel".

As mentioned above, bolted joints are used in many different ways. In order to facilitate their use, various shapes and geometries of bolts have been standardised. However, there is no standard for the dimensioning and assembly of a bolted joint. Therefore, at least a few guidelines have been developed in Germany within the framework of the VDI (Verein Deutscher Ingenieure e.V. - Association of German Engineers), which very quickly found acceptance throughout Europe. They help the designers to design the bolted joints "correctly" and to pay attention to the corresponding assembly parameters. This is also taught in the training courses at colleges and universities.

The "classical" education in the mechanical engineering study at the University of Applied Sciences in Zwickau (WHZ) naturally also includes imparting the specialist knowledge about bolted joints. First of all, the subject of Design Theory teaches how a bolted joint is represented on a drawing. Some design tips are also discussed.

Furthermore, the dimensioning of bolted joints is explained in the subject Machine Elements.

However, the theory is limited to the "basic bolted joints", i.e. centrally tensioned and centrally bolted single bolt joints.

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The Importance of Education on the Subject:

Fig. 1. Bolt

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Technology >> Fig. 3. Screw joint pioneers

James Watt

(wiki) IT revolution Whitworth

Sellers

Leonardo da Vinci

The industry revolution

(1452-1519)

(by the middle of 18th century)

Fig. 2. Watt engine Fig. 4. Junker test

Students can also try out the acquired knowledge for themselves in the context of accompanying practical courses. The students can also work on the topic of bolted joints within the framework of student work.

In doing so, they investigate, among other things, friction values in the connections or reduction of the pre-tensioning forces as a result of the setting behaviour.

The aim of education is that students can be considered as qualified specialists on the labour market and avoid the failure of bolted joints as far as possible through proper design in practice.

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Because I also lectured there externally, I can confirm these words and add that the named department has a perfectly equipped laboratory, which is very important. Despite this, a significant decrease in students' interest in studies can be observed. Many dangerous accidents would not have happened if...

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In the course of their studies, students can further deepen their knowledge of bolted joints in the subject "Connecting elements". The content here concentrates on the design of bolted connections according to VDI 2230. The calculation is also extended to eccentrically bolted and braced bolted connections. Also discussed are multi-bolt connections, which can occur more frequently in practice than single-bolt connections.

However, it is not useful to calculate the bolted joints in a time-consuming and accurate way if they are then assembled incorrectly. For this reason, the assembly process is explained in detail and the consequences of assembly errors are explained.

Article by Jozef Dominik & Bohumil Brůžek Copyright owned by Fastener World

Let the crash of the MB 80 of the Alaska Airlines company be a memento due to excessive wear due to insufficient lubrication of the retractable (elevating) screw, where 88 people died. Even such similar cases as the accident of an indoor swimming pool (the author reports on this elsewhere), the release of car wheels while driving and countless other cases caused an enormous boom in science and research. Let us mention at least the development of the apparatus for testing the resistance of screw joints to vibrations and dynamic stress, which was constructed by Gerhard H. Junker and first published in 1969 under the name The New Criteria for Self-Loosening of Fasteners Under Vibration, after which it was also named the Junker test (Fig. 4).

This was an important step for a radical increase in security. It is part of the stable laboratory equipment of many important theoretical workplaces.

Conclusion It is not known exactly why, but students' interest in studying the given subject is decreasing and it probably does not only apply to Europe. It is impossible to agree with the opinion that the given topic is theoretically exhausted and has reached a saturated state.

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