Victrex
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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. * British national identity, the characteristics of British people and culture ...
-based supplier of high performance
polymer A polymer () is a chemical substance, substance or material that consists of very large molecules, or macromolecules, that are constituted by many repeat unit, repeating subunits derived from one or more species of monomers. Due to their br ...
s. It is a constituent of the
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. 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 beige coloured organic thermoplastic polymer in the polyaryletherketone (PAEK) family, used in engineering applications. It was invented in November 1978 and brought to market in the early 1980s by part of I ...
''
polymer A polymer () is a chemical substance, substance or material that consists of very large molecules, or macromolecules, that are constituted by many repeat unit, repeating subunits derived from one or more species of monomers. Due to their br ...
business of
Imperial Chemical Industries Imperial Chemical Industries (ICI) was a British Chemical industry, chemical company. It was, for much of its history, the largest manufacturer in Britain. Its headquarters were at Millbank in London. ICI was listed on the London Stock Exchange ...
plc. It was first listed on the
London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
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 distric ...
near
Blackpool Blackpool is a seaside town in Lancashire, England. It is located on the Irish Sea coast of the Fylde peninsula, approximately north of Liverpool and west of Preston, Lancashire, Preston. It is the main settlement in the Borough of Blackpool ...
in
Lancashire Lancashire ( , ; abbreviated ''Lancs'') is a ceremonial county in North West England. It is bordered by Cumbria to the north, North Yorkshire and West Yorkshire to the east, Greater Manchester and Merseyside to the south, and the Irish Sea to ...
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
polymer A polymer () is a chemical substance, substance or material that consists of very large molecules, or macromolecules, that are constituted by many repeat unit, repeating subunits derived from one or more species of monomers. Due to their br ...
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
PEEK Polyether ether ketone (PEEK) is a beige coloured organic thermoplastic polymer in the polyaryletherketone (PAEK) family, used in engineering applications. It was invented in November 1978 and brought to market in the early 1980s by part of I ...
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 Chemical companies of England Companies listed on the London Stock Exchange 1993 establishments in England British companies established in 1993 Oil and gas companies of England Companies in the FTSE 250 Index {{Polymer-stub