Evonik to expand PEEK polymer capacity in China

Polyetheretherketone (PEEK) has experienced strong growth over the last five years across all relevant industry segments such as oil & gas, aviation and automotive

Evonik's Vestakeep PEEK pellets
Evonik’s Vestakeep PEEK pellets
BS B2B Bureau Shanghai, China
Last Updated : Nov 04 2015 | 3:59 PM IST
Evonik’s Resource Efficiency Segment is expanding its production capacity for polyetheretherketone (PEEK) at the Changchun (China) site to meet the increasing global demand for high-performance polymers.  
  
Business in Evonik’s Vestakeep brand of PEEK polymers has experienced consistent and strong growth over the last five years across all relevant industry segments such as oil & gas, aviation and automotive. “We are very pleased to be able to participate in increasing global demand for PEEK products. The investment affirms our commitment to support our customers’ growth over the long term as well as to continually expand our product portfolio,” said Dr Matthias Kottenhahn, head of the high performance polymers business line, Evonik.
  
Due to their high thermal and chemical resistance, Vestakeep specialty polymers can replace metal components enabling demanding lightweight structural applications.
  
Recently, Evonik developed Vestakeep Easy Slide I, a polyetheretherketone compound that offers high abrasion resistance and low sliding friction, thereby allowing production of powerful structural elements such as vacuum pumps. The recently introduced Vestakeep 5000 HCM (hot compression moulding) grade increases the production efficiency of customised PEEK seals delivering superior mechanical properties and performance for the oil & gas industry.
 
With more than 40 years’ experience in the development and production of high performance polymers, Evonik has positioned itself as a reliable partner in the global PEEK market. “Our strategy is to pursue joint project development with our customers to ensure the continuity of the innovation pipeline. Our aspiration is to offer high-quality products that lead to commercialisation of new projects for our customers,” said Sanjeev Taneja, vice president of high temperature polymers, Evonik.
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First Published: Nov 04 2015 | 3:54 PM IST

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