Ti Fluid Systems Bursa

Overview
TI Fluid Systems is a leading global manufacturer of highly engineered fluid storage, carrying and delivery systems, primarily providing products and services for light vehicles.
TI Fluid Systems operates with two divisions:
Fluid Carrying Systems (“FCS”): The FCS division manufactures brake and fuel lines, thermal management fluid systems including hybrid electric vehicle "HEV" and battery electric vehicle "BEV" thermal management products and powertrain products.
Fuel Tank and Delivery Systems (“FTDS”): The FTDS division produces fuel tank systems and pumps and module fuel delivery systems including HEV pressure-resistant fuel tanks.
The Group has strong market positions with respect to all of its key products globally. Based on production volume, the Directors believe that TI Fluid Systems is the leading supplier of brake and fuel lines and bundles, with 30% of the global brake and fuel line market in 2021, and that the Group is also a leading supplier of plastic fuel tanks, with 16% of the global plastic fuel tank market in 2021.

With a rich heritage that represents 100 years of automotive fluid systems experience, the Group has developed long-term engineering, development and purchasing relationships with its OEM customers and enjoys a reputation as a valued global supplier of high quality, performance-critical components and systems. The Group’s revenue is diversified across a broad customer base and multiple geographic regions which enabled it to supply all of the major global OEMs in 2021.

TI Fluid Systems has manufacturing facilities near (or, in some cases, co-located within) OEM assembly plants in 104 locations across 29 countries with approximately 25,600 employees. This global and flexible manufacturing footprint not only allows the Group to efficiently serve its customers in multiple geographic regions but also positions TI Fluid Systems as a supplier of choice for major OEMs that are increasingly moving towards sourcing common vehicle platforms and engine variants on a global basis. In addition, the Group has an extensive and long-established presence serving global and local OEMs in emerging markets, including 14 wholly owned manufacturing facilities in China.

The Group’s advanced products and technologies align closely with automotive industry megatrends and government regulations that are driving OEMs steadily towards the production of vehicles that have advanced systems and powertrains to reduce emissions and improve fuel economy, such as HEVs and BEVs. Many FCS products are key components for vehicles with reduced emissions and/or enhanced fuel economy specifications, such as gasoline direct injection fuel rails and lines, high pressure fuel, SCR and turbocharger lines and integrated heat exchanger lines. Similarly, the FTDS division has introduced a number of advanced tank designs and process technologies, including pressure-resistant and double-moulded fuel tanks, which reduce evaporative emissions.

TI Fluid Systems’ advanced products and technologies also align with the transition to alternative propulsion systems, such as HEVs and BEVs. For example, the Group currently has extensive expertise and industrialised global capacity of nylon tube materials. Many of the FCS division’s thermal management products are key components for HEV and BEVs, such as battery cell thermal lines, vehicle chassis thermal lines and power electronics thermal lines. Similarly, the FTDS division’s pressure-resistant fuel tanks meet the requirements for use in HEVs.

Fluid Thinking™
Global automotive manufacturers turn to TI Fluid Systems to develop and produce award-winning, industry-leading automotive fluid systems. For nearly 100 years, TI Fluid Systems has provided its technology to vehicles around the world. With 104 manufacturing locations in 29 countries, our strength lies in our ability to creatively meet the ever-changing needs of the global automotive industry.

Technological Leadership
Technology and customer service are what has made TI Fluid Systems the industry leaders we are today. Because fluid systems must integrate seamlessly with body, chassis and powertrain systems, perform in all conditions, and meet tough regulatory demands for performance, emissions and safety, TI Fluid Systems has established a network of five technical centers and seven regional support centers to drive research and development. This approach has led to the development of award-winning innovations and a robust product portfolio.