Lumena produces PPS resin, compounds and fibre. Currently, the Company produces three grades of PPS powder resin: injection moulding-grade, coating-grade fibre-grade, three grades of granular resin, nine grades of glass fiber-reinforced compounds, two grades of glass bead-filled coponds, three grades of filled and reinforced compounds, eight grades of PTFE-(polytetrafluoroethylene-) filled compounds and lubricating properties, and four grades of high-toughness compounds. In addition, recently Lumena has been producing film grade PPS neat resins and a specialty grades aiming at insulator applications for the subways. Lumena's injection moulding PPS resin is used to make PPS compounds, which are primarily used to replace metals and other materials in a number of applications. Its coating-grade PPS resin is primarily used to coat metal components and equipment primarily to resist corrosion, and fibre-grade PPS resin is primarily used to produce stable PPS fibre and filament PPS fibre which in turn is produced into PPS filter cloth, and which are primarily used by the customers of the Company to produce bags that filter smokestack emissions from coal-fired power plants, thermal plants and incinerators.
In general, PPS resin has broad applications in the following areas:
- Machinery / industrial - compared with conventional metal materials, PPS is more durable and more cost efficient in extreme environment and thus the need for alloys and stainless steel in mechanical parts boosts the consumption of PPS;
- Electrical / electronics - increased sales of home appliances and further application of circuit board miniaturisation and automation, and the need for parts suitable to surfaced mounted technology or parts made of aluminium and hot setting resin boost the consumption of PPS;
- Automotive / transportation - PPS is more widely used for large-sized automotive injection molding components as the development of die cast aluminium, hot setting resin and other substitutes to high performance engineering thermoplastics products continues;
- Environmental protection - one of the key applications PPS fibre, an application of PPS with high value, is filter bags production as PPS fibre reduces dust emission in coal plants; and
- Aeronautics / astronautics - the aeronautics and astronautics industry requires harsher working environments with higher temperature, thus boosting the demand for PPS resin.
Most customers of the Company’s PPS business are operating in the electrical/electronic, automotive/ transportation, mechanical, chemical, aviation and environmental protection industries in China. In the PPS industry in general, electrical/electronic, automotive/transportation and industrial/mechanical are ready markets in which end-use applications for PPS products are well established, according to SRI Consulting. The environmental (filter bags) industry represents a large growth opportunity for the Company, since the Company intends to increase its production volume of both PPS fibre and fibre-grade PPS resin. The PPS products of the Company are sold under the brand name "Haton" and the trademark "Deyang".
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