6 April 2017
History
Polymer discoveries made by ICI in the 1970s
led to the commercialisation of PEEK.
Pioneering work by scientists in ICI Fibres division
established viable monofilament products
for industrial and sports string applications in the mid 1980s.
Zyex was trade-marked to support growing demand.
Further advances in polymer quality and melt spinning capability
in the 1990s led to multifilament and finer monofilament products.
Becoming independent in 1994, manufacturing moved to Stonehouse,
Gloucestershire with continuous investment
in equipment, people and technology.
Head Office
ZYEX Ltd
Stonedale Road
Stonehouse GL10 3RQ
United Kingdom
T +44 (0) 1453 827979
F +44 (0) 1453 821919
DETAILS
Victrex plc today announces
that it has acquired
Zyex,
a recognized global leader
in the manufacture of PEEK based fibers,
principally for the aerospace, automotive
and industrial markets.
The move further enables Victrex
to offer differentiated
VICTREX™ PEEK-based solutions
to open-up new markets, in line with its strategy.
This is now strengthened with additional fiber products,
application expertise and resources
from the Zyex team
to develop new and existing solutions for customers.
Zyex´s product range focuses on
for applications such as
process belting, filtration or wiring harnesses,
with manufacturing facilities in Gloucestershire, UK.
The acquisition of Zyex builds on other recent investments.
In February 2017, Victrex announced
a new joint venture, TxV Aero Composites,
with Tri-Mack plastics to accelerate
the commercial adoption of
polyketone (PAEK*) composite applications
within the aerospace industry,
through the manufacture of selected parts
utilizing new and innovative processes.
Victrex also invested in a minority interest in
Magma Global Ltd in December 2016,
to strengthen the partnership and facilitate
the adoption of the pioneering m-pipe® technology
for subsea oil and gas composite pipes.
David Hummel,
Chief Executive of Victrex
“The acquisition of Zyex is compelling for Victrex,
enabling us to drive future growth opportunities
within well-aligned markets
and developing application areas.”
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