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PARSIPPANY, N.J., July 29, 2011
Evonik Degussa Corporation has named Modern Plastics as their distributor of its VESTAKEEP® Medical PEEK (polyetheretherketone). Under the agreement, Modern Plastics will market, sell and distribute the full line of VESTAKEEP® Medical products designed for short-term contact and permanent implant medical devices and applications throughout the United States and Canada. “We value our relationship with Modern Plastics, the premier distributor of medical-grade plastics, and are excited about utilizing their experience and expertise” said Kenneth Ross, Evonik Business Development Manager, VESTAKEEP® Medical, High Performance Polymers, North America. Key benefits of this agreement to the customer include access to a large inventory of VESTAKEEP® medical products through Modern Plastics and reliance on fast delivery, complete with ISO certified processes. “The value proposition we now offer is truly exciting and our medical OEM customers’ have easier access to VESTAKEEP® PEEK” said Bing J. Carbone, President of Modern Plastics. “Modern Plastics distributes cutting edge medical plastics, which makes implant grade VESTAKEEP® a perfect fit into our wider range of high-quality materials.” Modern Plastics experience in the handling and distribution of medical grade plastics is conducted to extraordinary levels beginning with strict ISO policies and procedures with regard to product lot and batch control, individual plastic material barcoding and detailed material certifications per ISO standards. “Our medical grade plastics utilize clean-process material handling techniques in an environmentally controlled storage facility, where proper temperature and humidity is rigidly maintained and tracked with positive air-flow conditions in a completely sealed environment” said Carbone. The agreement covers VESTAKEEP® medical products including implant grade powder, implant grade resin, multiple diameter stock shapes in one and three meter lengths and other stock shapes for consideration. Resin lines are available in 5kg and 10kg containers with larger amounts available upon request. All VESTAKEEP® M-Grade and I-Grade PEEK polymers are manufactured to meet ASTM F2026 specification and are produced and extensively tested to meet ISO-10993 requirements. For additional information visit these web sites: www.evonik.com/north-america, www.vestakeep.com and www.modernplastics.com.
Evonik is the creative industrial group from Germany. In our core business of specialty chemicals, we are a global leader. In addition, it has energy and residential real estate operations. Our performance is shaped by creativity, specialization, reliability and continuous self-renewal. Evonik is active in over 100 countries around the world. In fiscal 2010 more than 34,000 employees generated sales of around €13.3 billion and an operating profit (EBIDA) of about €2.4 billion.
Modern Plastics is a leading supplier of medical grade plastics and high performance engineering grade plastic stock shapes in North America and has been in business since 1945. With a diverse inventory of medical grade plastics and VESTAKEEP product line, along with advanced technical in-house expertise, has made Modern Plastics the premier distributor for the orthopedics and implantable plastics market. Modern Plastics is headquartered in Shelton, Connecticut, 88 Long Hill Cross Road, 06484 USA. Visit www.modernplastics.com.
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.