Victrex plc is a

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English ...

-based supplier of high performance

polymer A polymer (; Greek ''poly-'', "many" + '' -mer'', "part") is a substance or material consisting of very large molecules called macromolecules, composed of many repeating subunits. Due to their broad spectrum of properties, both synthetic and ...

s. It is a constituent of the

FTSE 250 The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

. The company's headquarters and manufacturing facilities are based in the UK with technical and customer support facilities in multiple markets, serving more than 40 countries. Victrex serves a diverse range of industries including aerospace, automotive, electronics, oil and gas and medical.

History

The company was established in 1993 by way of a management buyout of the ''

PEEK Polyether ether ketone (PEEK) is a colourless organic thermoplastic polymer in the polyaryletherketone (PAEK) family, used in engineering applications. The polymer was first developed in November 1978, later being introduced to the market by Vic ...

business of

Imperial Chemical Industries Imperial Chemical Industries (ICI) was a British chemical company. It was, for much of its history, the largest manufacturer in Britain. It was formed by the merger of four leading British chemical companies in 1926. Its headquarters were at M ...

plc. It was first listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...

in 1995. Based in

Cleveleys Cleveleys is a town on the Fylde Coast of Lancashire, England, about north of Blackpool and south of Fleetwood. It is part of the Borough of Wyre. With its neighbouring settlement of Thornton, Cleveleys was part of the former urban district ...

near

Blackpool Blackpool is a seaside resort in Lancashire, England. Located on the northwest coast of England, it is the main settlement within the borough also called Blackpool. The town is by the Irish Sea, between the Ribble and Wyre rivers, and ...

Lancashire Lancashire ( , ; abbreviated Lancs) is the name of a Historic counties of England, historic county, Ceremonial County, ceremonial county, and non-metropolitan county in North West England. The boundaries of these three areas differ significa ...

Victrex has historically invested heavily to increase its capacity, most recently investing £90 million to increase production capacity by around 70%. By 2015 the production capacity of its

will be over 7,000 MT per annum (current capacity of 4,250 MT per annum).

Operations

The company is a manufacturer of high-performance polyaryletherketones, including VICTREX

polymer, VICTREX pipes and PEEK-OPTIMA. Its business is organized as two business units: *Victrex Polymer Solutions (VPS) - that focuses on transport, industrial, oil and gas and the electronics markets *Invibio Biomaterial Solutions (Invibio) - that focuses on implantable PEEK bio-material solutions

References

External links

Official site
Chemical companies established in 1993 Companies based in Lancashire Manufacturing companies of the United Kingdom Companies listed on the London Stock Exchange 1993 establishments in the United Kingdom Companies established in 1993 Manufacturing companies established in 1993 Oil and gas companies {{Polymer-stub