29 April 2015
DETAILS
Victrex has successfully commissioned
the first production stream of its £90 million
third Polyaryletherketone (PAEK) manufacturing plant
as it focuses on offering even greater security of supply to customers,
as well as delivering complete solutions.
The capacity increase is also a further foundation
to progress Victrex’s pipeline of future opportunities,
including seven mega programmes,
which will help grow the company over the coming years.
Recent investments increase Victrex´s production capacity
by 70 per cent to over 7,000 tonnes per year.
Alongside its PAEK resin capacity,
the worldwide leading PAEK producer
has also continued its downstream investment in
APTIV® film, pipe, tape and now medical components,
enabling the company to differentiate from competitors
by supplying complete solutions to customers
rather than simply manufacturing materials.
The new PAEK plant serves as the backbone to
develop core growth and future opportunities.
With long term megatrends being supportive
across Victrex’s markets of automotive, aerospace, energy,
electronics and medical, the company has focused its pipeline
on a smaller number of larger opportunities.
These include for example
aerospace brackets, applications for mobile devices,
orthopaedic knees and
oil & gas pipes through its partnership with Magma.
Victrex recently identified the overall market potential
for the high-performing thermoplastic PAEK
as being over 80,000 tonnes.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
