Oxford Performance Materials, Inc. an industry leader in advanced polymer science, coating technologies and 3D-printed biomedical devices – announced an agreement to acquire the patent portfolio of England’s Ketonex, Ltd., which is comprised of the world’s highest performance PAEK polymer synthesis technology. In adding these synthesis patents to its existing portfolio, OPM has furthered its capabilities as a recognized leader in PAEK (polyaryletherketone) materials technology, with broad applications in the biomedical, industrial, aerospace, energy, and electronics industries.
OPM began working with Ketonex over a decade ago. During those years the companies collaborated on the initial scale-up and development of the Ketonex polymer synthesis technologies. In early 2022 this work reached critical technical and commercial milestones, which led to the acquisition.
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The Ketonex technology was built upon a low temperature PAEK synthesis method that produced high quality PAEK products. Originally commercialized by BASF, adoption was limited due to costly production methods. Ketonex subsequently improved upon existing PAEK production efficiencies and patented an advanced process. The Ketonex technology provides substantial advantages over other PAEK synthesis methods that produce materials such as PEEK and conventionally produced PEKK, as originally invented by DuPont. The patented Ketonex low temperature synthesis (“LTS”) method produces polymers with excellent stability, purity, controlled morphology, and product reproducibility. In addition, this exclusive technology portfolio enables modification of the polymer backbone to economically create new polymer systems to meet specific market and unmet commercial application demands. Specifically, this LTS technology will facilitate development of new PAEK materials with:
- Higher service temperatures for additive manufacturing of performance parts for demanding aerospace & industrial applications;
- Lower processing temperatures and improved workability that can be utilized in existing powder bed polyamide 3DP machines;
- Sustainability benefits for industries such as wind energy that face significant recycling challenges; and
- The ability to deliver advanced coating capabilities to improve carbon capture, nuclear containment, electric vehicle and other demanding energy systems.
SOURCE: PR Web