Due to increasing global demand for high-performance polymers Evonik’s (Essen, Germany; www.evonik.com) Resource Efficiency Segment is significantly expanding its production capacity for polyetheretherketone (PEEK) at the Changchun (China) site. In addition, the innovation pipeline is being continually expanded with new products.
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 for example, oil and gas, aviation and automotive. “We’re very pleased to be able to participate in increasing global demand for PEEK products,” says Dr. Matthias Kottenhahn, Head of the High Performance Polymers Business Line. “The investment affirms our commitment to support our customers’ growth over the long term as well as to continually expand our product portfolio.” Thanks to their high thermal and chemical resistance, Vestakeep specialty polymers can replace metal components enabling demanding lightweight structural applications.