By li, chen A significant step into high performance material supply implies the demand of high performance material(PEEK)
Sinohighchem (301076) announced on the evening of February 10th that the company plans to issue shares to specific targets to raise a total of no more than RMB 1 billion. The funds will be used for:
- An annual output project of 8,100 tons of high-performance resins and composites and its supporting engineering construction;
- An annual output project of 5,000 tons of monomers and its supporting engineering construction; and
- The High-Performance Composite Materials Innovation Center construction project.
Project Details:
- 8,100-ton Project: Located in the Nanjing Jiangbei New Material Science and Technology Park, this project will be implemented by a newly established controlled subsidiary over 36 months. The total planned investment is RMB 961 million, with RMB 702 million from the raised funds. Sinohighchem stated this will establish an annual production capacity of 8,100 tons, helping it transform from a supplier of specialty engineering plastic raw materials into a comprehensive service provider, building an integrated industrial layout of “core raw materials → resins → composite materials.”
- 5,000-ton Monomer Project (DFBP): This project aims to expand the production capacity of Fluoroketone (DFBP) , the core raw material for PEEK, to meet growing market demand. The quality of DFBP directly determines the quality of PEEK. The total planned investment is RMB 348 million, with RMB 254 million from the raised funds.
- Innovation Center: With a total planned investment of RMB 6.0052 million (RMB 4.383 million from raised funds), this center will conduct R&D on technical verification and performance optimization of PEEK composites in different segments like humanoid robots, aerospace, and new energy vehicles to meet differentiated customization needs and enhance competitiveness in the high-end PEEK market.
Additional Announcement:
Simultaneously, the company announced it plans to sign a “Project Investment Access Agreement” with the Management Office of the Nanjing Jiangbei New Material Science and Technology Park. It will invest in and construct an integrated project for high-performance resins, composites, and core monomers within the park. The project will be constructed in two phases with an estimated total investment of RMB 2 billion.
As global manufacturing advances toward high-end development, high-performance resins such as PEEK (Polyether Ether Ketone) and their composites are playing a vital role in aerospace, new energy vehicles, electronic information, the energy industry, medical health, and 3D printing due to their excellent performance.
- Aerospace: PEEK is used in aircraft wings, engine casings, and fuselages for lightweighting and range optimization due to its fatigue resistance and machinability.
- New Energy Vehicles: Its heat and flame resistance allow its use in magnet wires for 800V motors, meeting the safety requirements of high-voltage fast-charging vehicles.
- Medical: PEEK stands out as a new type of medical implant material due to its biocompatibility, fatigue strength, wear resistance, and corrosion resistance.
- Emerging Fields: In areas like humanoid robots and the low-altitude economy, PEEK offers outstanding lightweight properties, creating unique advantages over common materials like steel and aluminum.
Sinohighchem is moving scale the value chain. Instead of just selling the raw powder (DFBP), they are now positioning themselves to supply the finished resins and composites used in high performance 3D printing material. This signals that the market for industrial 3D printing is growing rapidly and requires a stable, high-volume supply of specialized engineering materials.
Industries like Aerospace, Medical and Musk keep mentioning Humanoid all show a huge usage of PEEK material is coming.
Editor: Li Chen
E: lichen@3dzyk.com