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Degussa Buys PAEK Resin from Ticona
Beefing up its expertise in high-temperature polymers, Degussa AG in Germany is acquiring the patents of Ticona GmbH of Germany related to polyaryl ether ketones.
Beefing up its expertise in high-temperature polymers, Degussa AG in Germany is acquiring the patents of Ticona GmbH of Germany related to polyaryl ether ketones. Technology for these resins was developed by the former Technical Polymers Div. of Hoechst AG (now Ticona) in the 1990s. Ticona does not market these materials commercially. Degussa plans to use this technology to add products in the PEEK family to its High Performance Polymers unit, which makes nylon 12, PBT, copolyamides, and copolyesters. The U.S. office is in Parsippany, N.J.