Algol Chemicals collaboration with Evonik expands to include VESTAKEEP® PEEK polymers

Press Release 27.4.2023

Algol Chemicals and German company Evonik Operations GmbH have signed a distribution agreement for VESTAKEEP® PEEK polymers. The agreement covers Algol Chemicals’ Finnish, Scandinavian and Baltic markets.

Evonik is one of the world’s leading specialty chemicals companies. The companies have collaborated for a long time, and Algol Chemicals has several Evonik products in its portfolio. These products are sold to almost all industries covered by Algol Chemicals.

VESTAKEEP® PEEK is one of the most durable polymers on the market and is especially suitable for the production of plastic components for demanding applications.

“The expansion of our collaboration will further strengthen our product portfolio of polymers. Thanks to VESTAKEEP® PEEK, our portfolio of technical plastics is very comprehensive, and we can offer our customers exactly the products that suit their needs, from basic plastics to the most durable special polymers”, says Kalle Kettunen, CEO of Algol Chemicals.

"For our VESTAKEEP® business, partnering with Algol Chemicals for distribution is the right step. We will benefit from Algol Chemicals’ experience and the partnership will strengthen our presence in the Nordic and Baltic markets", mentions Dr. Frank Schubert, Head of VESTAKEEP® EMEA.

Unsurpassed durability

VESTAKEEP® PEEK is a semi-crystalline thermoplastic polymer that offers excellent durability. It can replace metals providing improved system durability and lower component manufacturing costs. These benefits derive from the material properties of temperature, corrosion, and abrasion resistance, high rigidity combined with low weight, and versatile processability.

Polyetheretherketone molding compounds are suitable for manufacturing long-lasting, heavy-duty components. Such components are used, for example, for semiconductors and cable production, automotive and aviation industries, in mechanical engineering, as well as for food and drinking water applications.

More information

Kalle Kettunen, CEO, Algol Chemicals, tel. +358 40 558 5478.

Algol Chemicals in brief

Algol Chemicals connects manufacturers of industrial raw materials to industrial customers by offering value-added services, tailored deliveries and expert product know-how. Thousands of globally sourced, REACH compliant products are delivered to our customers directly from local warehouses. Algol Chemicals provides its services to over 3000 industrial companies throughout the Nordic and Baltic regions, Belarus, Ukraine and India. Algol Chemicals is part of the Algol Group.  

Evonik in brief

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 €18.5 billion and an operating profit (adjusted EBITDA) of €2.49 billion in 2022. About 34,000 employees work together for a common purpose: We want to improve life today and tomorrow.