Shandong Luyang Share Co Ltd partnership.

In April 2014, Unifrax entered into a share purchase agreement to acquire a stake in Shandong Luyang Share Co Ltd.  Unifrax has partnered with Luyang to establish a strategic cooperative relationship that includes licensing to use certain Unifrax manufacturing technology.

Luyang develops, manufactures and sells a variety of refractory and insulation materials used primarily in China. Luyang is a leader in the Chinese marketplace and has been in business for 30 years. Luyang is headquartered in Yiyuan County, Zibo, Shandong, China and has five manufacturing locations, which are in Yiyuan, Xinjiang, Guizhou and Inner Mongolia and 69 sales offices across China. More information about Luyang can be found at english.luyang.com. 

Unifrax is the largest shareholder of Luyang and provides a framework for the companies to align their joint capabilities in the Chinese market. It also establishes Unifrax as the exclusive distributor of Luyang products in North America, South America, Europe and India to drive improved growth and establish a foundation for further collaboration in emerging markets.

For all other requests for information on Luyang, please send us a message at info@unifrax.com.