Victrex to build PEEK polymer plant in Liaoning, China via joint venture

Victrex plc announced a joint venture with Yingkou Xingfu Chemical Company to build and operate a new PEEK polymer manufacturing facility in Liaoning, China. Victrex's share of the investment is expected to total £32 million, with commissioning anticipated in early 2022.

“Victrex plc today announces the creation of a joint-venture between its subsidiary, Victrex Hong Kong Limited, and Yingkou Xingfu Chemical Company Limited, to build and operate a new PEEK polymer manufacturing facility in Liaoning, China.”investegate.co.uk

• 3 sources
• investegate.co.ukInvestegate | Company AnnouncementInvestegateJan 13, 2020
• process-worldwide.comVictrex Establishes New JV for Building New PEEK FacilityAhlam RaisJan 15, 2020
• powertransmission.comVictrex Creates Joint-Venture to Manufacture PEEK in ChinaFeb 12, 2020

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