Victrex commences production at new £32 mln plant to support future demand

15-Oct-07
To support future demand for Victrex Peek polymer and Victrex Peek -based products, such as Vicote® Coatings and APTIV™ Film; Victrex PLC, has opened a new polymer manufacturing plant. The plant is located at its main production facility in Thornton Cleveleys - Lancashire, UK. The expansion, which has the ability to produce1,450 tpa of Victrex Peek products, has been funded by an investment outlay of £32 mln, increasing Victrex's total production capacity for these products to 4,250 tpa. The new plant will provide further security of supply to customers, increasing production capacity by approximately 50% and establishing a second stand-alone source of polymer. Though the new plant is a stand-alone facility that can operate completely independently of the existing facility, it uses the same core technology. This independence is a vital back-up feature that will ensure the security of supply of VICTREX PEEK polymer. In addition, the new plant incorporates all of the Victrex proprietary technological improvements made over the years to improve the quality and consistency of the material. The new plant is a versatile facility that will be used to make VICTREX PEEK polymer as well as specialty grade product lines such as VICTREX PEEK-HT™ polymer, which has been the material of choice for a number of years in demanding industrial applications where extreme temperature performance is required. All production at the plant comes under Victrex's existing ISO 9001 quality registration.
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