Shanghai, China – Xiangyuan showed a high performance, heat shrink elastomer made using its additives with a recently upgraded formula at PU China/UTECH Asia.
The elastomer, named GTPU where the G stands for ‘high’, has high temperature resistance and high tearing strength and can be 100% recycled, the company’s chairman Zhou Jian told UTECH-polyurethane.com on the sidelines of the event.
The elastomer can be used in applications such as sieves for rare metal mining, and is able to match the performance of products by global chemical giants such as Huntsman, Zhou said.
‘Additives are the weakest point for China’s polyurethane industry,’ said Zhou. PU is listed as one of the eight new materials to be promoted in China’s latest five-year plan, and the country has rolled out prizes of the order of CNY10m for breakthroughs.
The company has been keeping a 10–15% annual sales growth rate over the past few years, and Zhou expects the momentum to continue.
