Industry News
The PEEK material concept is favored by the capital market
On the evening of December 19th, Zhongxin Fluorine Materials released a stock trading announcement, stating that in this field, the company's 5000 ton 4,4 '- difluorodiphenylketone (DFBP) project was completed and put into trial production in May this year. DFBP products have a wide range of applications and are the main upstream raw materials for PEEK materials. At present, the DFBP product of the company has passed some customer testing and started procurement and use. However, the future production and sales of this product depend on various factors such as market recognition and market demand, and there is significant uncertainty about the impact on the company's future annual performance.
On the same evening, Xinhan New Materials also disclosed a stock trading change announcement, but the announcement only stated that the company's recent operating situation was normal. However, Xinhan New Materials stated in an institutional survey on December 14th that DFBP is the main intermediate for synthesizing PEEK, and the quality of DFBP directly affects the performance of PEEK. The company has a long-term research and deep understanding of the PEEK industry chain, a mature technical system, and stable quality control. At present, there are limited manufacturers producing the core raw material DFBP on a large scale. In addition to Wiggs having some of its own production capacity, third-party suppliers mainly include Xinhan New Materials, Yingkou, and an Indian enterprise, with the main production capacity supplied domestically.
In addition, Zhongyan Group recently stated at its performance briefing for the third quarter of 2023 that it is the fourth enterprise in the world to achieve an annual PEEK production capacity of thousands of tons, following Wiggs in the UK, Solvay in Belgium, and Evonik in Germany. It is also the second enterprise in the world to use a 5000L reaction kettle for PEEK polymerization production after Wiggs in the UK, and is currently the largest Chinese enterprise in terms of PEEK production. The company has discussed relevant solutions with domestic new energy vehicle manufacturers and continues to test relevant materials with cable manufacturers. In the future, we will jointly develop PEEK enameled wire products with customers. The company will also cooperate with Donghua University to carry out a research and development project for carbon fiber polyether ether ketone composite materials.
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