Supply PEEK! Victrex signs agreement with domestic enterprises

Recently, Jiateng Electric and Victrex signed a deepening strategic cooperation agreement. The two parties will cooperate in the field of high-voltage motor electromagnetic wires for electric vehicles. The formal signing ceremony was held at the Ganzhou headquarters of Jiateng Electric.

The signing of this cooperation agreement has laid the foundation for future technical cooperation between the two parties in the field of new materials, especially in the fields of new energy vehicles and aerospace applications. The collaboration agreement includes the licensing of Victrex’s intellectual property (IP) and VICTREX
The supply of XPI™ PEEK material is guaranteed for the next few years to meet the increasing market demand for PEEK extruded magnet wire.

The cooperation between Jiateng Electric and Victrex started with technology and product innovation, and has started a series of successful cooperation since 2018. The cooperation between the two parties focuses on combining new materials with precision flat wires to achieve high-performance insulation for electric vehicle motors. The new agreement will further deepen the cooperative relationship between the two parties.

VICTREX
XPI™ products are high-performance polymers that combine excellent mechanical, electrical, thermal and chemical properties, giving designers the flexibility to use advanced winding technologies to optimize motors. Compared with the previous enameling process, VICTREX
XPI™ is extruded directly onto flat copper wire, consuming less energy during processing, thus contributing to achieving sustainability goals.

Victrex is a global innovation leader in high-performance PEEK (polyetheretherketone) and PAEK (polyaryletherketone) polymer solutions, focusing on strategic markets such as automotive, aerospace, energy and industrial, electronics and medical. Millions of people rely on products or components made from Victrex polymers every day, in applications ranging from smartphones to aircraft and cars, energy operations and medical devices.

Victrex’s first production project outside the UK – Panjin Weiyingxing High Performance Materials Co., Ltd.’s 1,500 tons/year polyetheretherketone new material project will be completed in September 2022.

Jiateng Electric Co., Ltd. is the first national high-tech enterprise in the country to develop, produce and sell flat electromagnetic wires, a national intellectual property advantage enterprise, and a national-level specialized and new small giant enterprise. It is also the only one in the world that can achieve full-size Manufacturer of flat wire suppliers. The company has seventeen years of industry experience so far and has achieved the number one market share position in multiple application fields.