High performance polymer manufacturer Victrex Polymer Solutions is building a new 90 million euro PEEK production plant at the company’s global headquarters in Lancashire, England.
“The plant will add 2,900 metric tonnes (MT) of polymer output annually and will come on stream in early 2015”, the company said in a press release. “Total annual production of Victrex PEEK polymers after completion will then stand at more than 7,000 MT per annum, an increase of around 70 per cent on Victrex’s current capacity of 4,250 MT per annum.”
This new capacity investment follows recent news for Victrex’s financial year ending 30th September 2012. “Sales volumes for the full year ended at 2,904 tonnes, a new record, which combined with a strong, and vital pipeline of future applications, supports this key investment decision,” the company said.