# 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.

- Type: New facility
- Announced: 2020-01-13
- Where: Liaoning, China, China
- Value: $41.6M (32.0M GBP)
- Starts operating: 2022
- Status: announced
- Capacity: 1,500 tonnes per annum
- Products: PEEK polymer
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Victrex](https://endata.com/companies/22097.md)
- [Yingkou Xingfu Chemical Company](https://endata.com/companies/44454.md) (partner)
- [Victrex Hong Kong](https://endata.com/companies/44536.md) (partner)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/victrex-plc--vct/joint-venture/5931321), 2020-01-13: "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."
- [process-worldwide.com](https://www.process-worldwide.com/victrex-establishes-new-jv-for-building-new-peek-facility-a-896069/), 2020-01-15: "Victrex has recently announced the creation of a joint-venture between its subsidiary, Victrex Hong Kong, and Yingkou Xingfu Chemical Company, to build and operate a new PEEK polymer manufacturing facility in Liaoning, China."
- [powertransmission.com](https://www.powertransmission.com/victrex-creates-joint-venture-to-manufacture-peek-in-china), 2020-02-12: "While we already manufacture a range of PEEK and PAEK grades, this will enhance our portfolio, making us even better positioned in a region where we have seen strong growth in recent years"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.