Fastener Taiwan 2024: A Sustainable and High-Value Pathway


EQS Newswire / 14/05/2024 / 10:00 CET/CEST

   
   TAIPEI, TAIWAN - Media OutReach Newswire - 14 May 2024 -
   "Fastener Taiwan" is set to be held from June 5th to 7th this
   summer. This flagship event in the screw fastener industry will
   bring together the groundbreaking innovations of over 300 top
   manufacturers, its scale marking a remarkable 20% growth compared
   to the previous year.
   (490926-image-1-jpeg-550x)
   Vibrant Atmosphere at Fastener Taiwan
   Pioneering Excellence in the Global Fastener Sector
   Nestled within Southern Taiwan's industrial nucleus, this event
   stands as a pivotal junction for the fastener supply chain,
   fostering collaboration and bolstering operational efficiencies.
   This strategic positioning not only streamlines procurement
   processes but also significantly reduces both time and costs
   associated with sourcing fastening solutions.
   Exhibitors at this fastener exhibition represent industry giants,
   exemplified by major screw suppliers like ZYH YIN ENTERPRISE CO.,
   LTD, which serves as a primary supplier for renowned brands such
   as IKEA, and Boltun, recognized as one of the top ten global
   automotive fastener manufacturers. Other notable participants
   include CHUN YU, renowned for producing screws for Taipei 101,
   and LU CHU SHIN YEE, specializing in manufacturing fasteners for
   semiconductor equipment. Moreover, additional exhibitors have
   solidified their positions in the high-value industry chain with
   groundbreaking products such as small artificial tooth roots or
   aviation fasteners.
   Navigating the Green Sustainability Transition
   However, the industry faces the daunting challenge of
   transitioning towards green sustainability. With 248 high
   carbon-emitting products listed in the European Union's Carbon
   Border Adjustment Mechanism (CBAM), the steel fastener sector is
   particularly affected.
   To align with global sustainability trends, Fastener Taiwan
   epitomizes the values of environmental and business
   sustainability in the industry. The introduction of the "ESG
   Pioneer" badge highlights exhibitors certified by international
   ESG standards, enhancing the visibility of ESG-compliant
   companies.
   Driving Innovation and Environmental Responsibility
   The exhibition introduces two major pavilions for the first time:
   the "High Value Fastener Gallery," showcasing the versatility of
   high-value fasteners across various industrial applications, and
   the "Sustainability Zone," spotlighting energy-saving and
   carbon-reducing applications along with waste recycling
   initiatives. These efforts drive the advancement of a circular
   economy, aiding businesses in adopting green solutions for their
   production lines. In addition, the exhibition will host the
   Global Fastener Forum, focusing on discussing the impact of CBAM
   on the fastener trade.
   Official Website: www.fastenertaiwan.com.tw/en/
   Hashtag: #FastenerTaiwan

   The issuer is solely responsible for the content of this
   announcement.
   News Source: Taiwan External Trade Development Council

   14/05/2024 Dissemination of a Financial Press Release,
   transmitted by EQS News.
   The issuer is solely responsible for the content of this
   announcement.

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