Lovol first launched LNG loader products in 2010. Designed on the base of ETX series, the products aimed at high-end market in China. Featuring higher reliability, safety and comfortableness, Lovol LNG loader products are now very popular in Xinjiang, Liaoning, Henan, Inner Mongolia, and Shanxi province.
Recent years, the diesel price always keeps at a high level, and it has become a major problem in the operating cost. LNG loader products adopt liquefied natural gas, which is much cheaper and more environmental care.
In the energy industry, Liquefied Natural Gas is growing rapidly at the annual growth rate of 12%. China is also conducting the LNG infrastructure construction in Guangdong, Fujian, Zhejiang, Shanghai, Jiangsu, Shandong, Liaoning, Ningxia, Hebei, etc. LNG machinery products will have a great prospect in China.
About Foton Lovol
Foton Lovol International Heavy Industry Co., Ltd. (referred to as Foton Lovol) is a large-scale industrial equipment manufacturer focusing on construction machinery, agricultural equipment and vehicles. The annual sales revenue in 2011 has reached 16 billion RMB, up by 12.7% year-on-year. In the same year, the estimated value of Foton Lovol brand climbed to 14.311 billion RMB, ranking the 64th among China's top 500 most valuable brands by virtue of its outstanding performance in “Essential growth, structural adjustment and globalization”. The Company has been identified as the “national key high-tech enterprise”, its engineering and technology research institute as the “nation-certified enterprise technology center”, and moreover, its leading products have been awarded as “Chinese famous brands”, "well-known trademarks in China” and “most competitive brands on the market”.