Member Article

Thornton-Cleveleys' Victrex plc increase production by 70% with new plant

Thornton Cleveleys-based high performance polymer manufacturer, Victrex has successfully commissioned the first production stream of its £90 million third Polyaryletherketone (PAEK) manufacturing plant.

Recent investments increase Victrex´s production capacity by 70% to over 7,000 tonnes per year.

The new facility for the manufacture of PAEK went into operation in the north-west of the UK during April.

Over 1,000 tonnes of structural steel, more than 2,250 cubic metres of concrete and almost almost 30,000 metres of piping were used in the plant’s construction.

The news follows an announcement of £103.3m in revenue an increase of 9%.

Chief Executive of Victrex, David Hummel, said: “We are continuing to move from being simply a materials manufacturer to a solutions provider.

“Our investment, not only in PAEK manufacturing, but in downstream capability, in know-how in technical excellence and research & development, helps to further differentiate our company.

“Already today we are able to fill gaps in the market by delivering semi-finished and finished components such as APTIV films or medical applications.

“With the third production facility we are in a position to offer sustained security of supply, which is, along with rigorous quality, critical to our customers.”

This was posted in Bdaily's Members' News section by Sophia Taha .