Conventus Polymers is Named Authorized Distributor of Evonik's VESTAKEEP® PEEK Compounds
Parsippany, N.J., September 2, 2020 – Conventus Polymers LLC, a leading distributor of high-performance engineering thermoplastics, has signed an agreement to distribute Evonik Corporation’s VESTAKEEP® polyetheretherketone (PEEK) compounds in the U.S. and Canada. The agreement with the Essen, Germany-based global producer covers all VESTAKEEP® PEEK industrial grades (excluding the medical and healthcare portfolio).
Conventus will sell the range of VESTAKEEP® PEEK grades for injection, extrusion, and compression molded applications in targeted markets including wire and cable, automotive, defense, electrical, aerospace, and general industrial.
These aromatic polyetheretherketone compounds are suitable for producing long-lasting, heavy-duty, clean components for use in semiconductor production, oil exploration, automotive, and aviation sectors. VESTAKEEP® PEEK outperforms metals by improving system durability and lowering component manufacturing costs. These benefits derive from the materials’ unique combination of properties including chemical resistance, temperature resistance, abrasion resistance and lubricity, high rigidity, combined with low weight and versatile processability.
Conventus offers a highly technical focus, unique expertise, and strong relationships with key OEMs. The company’s focused approach within key end-use markets and its ability to develop new applications will be critical in expanding penetration of VESTAKEEP PEEK in the U.S. and Canada. Conventus is already a strong player in the distribution of high-temperature polymer resins and compounds within North America.
“We are excited about our partnership with Evonik because they are committed to innovation,” said John Jorgensen, President of Conventus Polymers. “VESTAKEEP® PEEK products already offer unique grades with greater ductility than the competition, and their exclusive grades such as VESTAKEEP 5000 series are the type of cutting-edge solutions our customers require.” Evonik’s portfolio of PEEK compounds expands Conventus’ high-temperature portfolio which already includes PPA, PPS, PPSU, PES, PSU, and is unparalleled in the industry.
Conventus’ strategy to align its business with global industry leaders is further solidified by this agreement with Evonik. Conventus will provide all technical marketing, account management, application development, and customer service support.
About Evonik
Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €13.1 billion and an operating profit (adjusted EBITDA) of €2.15 billion in 2019. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers. More than 32,000 employees work together for a common purpose: We want to improve life; today and tomorrow.
About Conventus Polymers LLC
Conventus Polymers LLC, based in Parsippany, N.J., is a global specialty thermoplastics distributor and formulator, offering the broadest portfolio of high-performance and specialty polymers. Due to its highly focused approach within strategic vertical markets, the company offers deep expertise and forms close partnerships with industry-leading OEMs to solve problems, develop new applications, and introduce the latest polymeric technologies. Conventus actively partners with producers who invest in and develop the world’s next generation of thermoplastic materials. The company has a proven track record of bringing the latest resin technologies to its customers. It consults with its customers on their new product introductions from material to design to supply chain. For more information, visit www.conventuspolymers.com.
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