Victrex recently announced the opening of its new £16 million facility at its UK headquarters for high performance thermoplastic films, APTIV.
According to Victrex, the demand for thin and durable thermoplastic film is continuously rising, driven by key industries like aerospace, automotive and electronics. The company therefore has installed a second film production line in its new facility to meet future growth.
UK Chancellor of the Exchequer George Osborne and Paul Maynard, Member of the Parliament (MP) for Blackpool North & Cleveleys, were among the guests that attended the opening ceremony.
“Victrex is a growing UK export champion and we were delighted to welcome the Chancellor to unveil our new £16 million polymer film plant,” said Tim Cooper, Managing Director of Victrex Polymer Solutions. “Whilst 97% of our sales are from outside the UK, we have a strong track record of investing and creating jobs here and, being at the forefront of UK science and innovation, we have stressed the importance of promoting science and engineering skills in the future.”
Victrex also announced that it is investing £90 million in its third PEEK manufacturing plant at its Hillhouse facility, Thornton Cleveleys, UK. The plant is due to start commissioning in early 2015.