Victrex
Encyclopedia
Victrex plc is a leading British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

-based producer of high performance polymer
Polymer
A polymer is a large molecule composed of repeating structural units. These subunits are typically connected by covalent chemical bonds...

s. It is a constituent of the FTSE 250.

History

The company was established in 1993 by way of a management buyout of the PEEK
PEEK
Polyether ether ketone is a colourless organic polymer thermoplastic used in engineering applications.-Synthesis:PEEK polymers are obtained by step-growth polymerization by the dialkylation of bisphenolate salts. Typical is the reaction of 4,4'-difluorobenzophenone with the disodium salt of...

polymer
Polymer
A polymer is a large molecule composed of repeating structural units. These subunits are typically connected by covalent chemical bonds...

 business of Imperial Chemical Industries
Imperial Chemical Industries
Imperial Chemical Industries was a British chemical company, taken over by AkzoNobel, a Dutch conglomerate, one of the largest chemical producers in the world. In its heyday, ICI was the largest manufacturing company in the British Empire, and commonly regarded as a "bellwether of the British...

 plc. It was first listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 in 1995. In 2005 it invested in the expansion of its existing facility at Cleveleys
Cleveleys
Cleveleys is a town on the Fylde Coast of Lancashire, England, about 4 miles north of Blackpool and 2 miles south of Fleetwood...

 in Lancashire
Lancashire
Lancashire is a non-metropolitan county of historic origin in the North West of England. It takes its name from the city of Lancaster, and is sometimes known as the County of Lancaster. Although Lancaster is still considered to be the county town, Lancashire County Council is based in Preston...

.

Operations

The company's activities are focused on one product - the PEEK
PEEK
Polyether ether ketone is a colourless organic polymer thermoplastic used in engineering applications.-Synthesis:PEEK polymers are obtained by step-growth polymerization by the dialkylation of bisphenolate salts. Typical is the reaction of 4,4'-difluorobenzophenone with the disodium salt of...

brand of polymer
Polymer
A polymer is a large molecule composed of repeating structural units. These subunits are typically connected by covalent chemical bonds...

s. The product is used where chemical, wear, electrical and temperature resistance is important.
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