Shanghai Hecheng Polymer Technology Co., Ltd. exhibited a newly introduced moldless cast polyurethane prepolymer at the 16th China International Polyurethane Exhibition.
The company specializes in the production of cast polyurethane prepolymers, polyurethane compounds, polyurethane binders, and polyurethane additives.
General Manager Dong Yulei said that the new product will cure in 20 minutes, while the industry average in China is one hour. He also said: Prepolymer has higher viscosity than other materials, but the parts produced with it have more Good mechanical properties and long service life.
Dong also said that this new material also requires high-quality machines. He went on to add that a few Chinese machinery manufacturers, such as Feilong and Zecheng, were able to meet these requirements.
Hecheng spent 18 months conducting prepolymerization research and testing. The company produces 100 tons per month for various fields, such as mining engineering tires.
The company's total annual production capacity is 3,000 tons. In 2017, the company's revenue was 70 million yuan ($10 million). The company expects sales this year will exceed 100 million yuan, although Dong Yulei's general manager acknowledged that profits may be There is a decline. He said that capturing market opportunities requires real effort.
Dong also pointed out that the company's price is slightly lower than international competitors, but about one-third higher than the domestic average, which puts it in a difficult position. He said that some customers would rather pay a premium and choose a multinational company.