Founded in 1984, Shandong Luyang Co., Ltd. has now developed as the largest ceramic fiber production base and was awarded National high tech enterprise, Luyang's total asset is nearly RMB 2 billion and annual tax is beyond 200 million . Over the past 29 years, Luyang has developed and leaped from a small workshop-style enterprise to a listed company and it has been on a leading position for 19 years continually in the same domestic industry. Luyang has created a miracle in China's energy-saving insulation development process.
The developmental process of Shandong Luyang Co., Ltd. is not only an epitome of Chinnese reform and opening up for the past 30 years but also the history of Chinese ceramic fiber science and technology progress. From the small electric stove produced low-grade ceramic fiber in 1980s to the world advanced technology produced high-grade ceramic fiber and high quality energy-saving materials that is made from coal gangue waste, Luyang personnel turn waste into wealth with their own wisdom and faith. At present, Luyang company produces 80,000 tons of high-grade ceramic fiber yearly, accounted for 80% of the national refractory fiber market share; thermal insulating ceramic fiber's annual output is 120,000 tons, accounted for 25% of the national industrial thermal insulation material market share; new product of Basalt fiber has become an excellent rookie as a new high-end building insulation material in the field of buildings' energy efficiency. With more than 100 varieties, Luyang products are widely used in the field of petrochemical, metallurgy, building materials, electric power, machinery, construction and many other industries. Integrating innovation, production, sale and application as a unity, Luyang can provide customers with the best service and creates more and more extraordinary values.