Victrex plc – Initial interest note

Victrex plc price as of writing – £22.96.


Victrex manufactures and supplies high performance polymer solutions and parts. It was formed following a management buyout from ICI (Imperial Chemical Industries) in 1993 and listed on the London Stock Exchange in 1995. ICI was founded in 1926 and was once the largest manufacturer in Britain. It was bought out by Akzo Nobel in 2008. A good summary of ICI’s history can be found here.


Victrex manufactures PEEK (polyether ether ketone) a high-performance thermoplastic polymer. It was invented and patented by ICI in 1978. The patent expired in the early 2000’s. Victrex has been in the business of manufacturing PEEK for 40 years.


PEEK has a unique combination of properties that gives it a range of applications. Among them are good mechanical strength, chemical resistance, high wear resistance and biocompatibility. It is used in a range of application from the manufacture of electrical connectors used in the oil & gas industry, the manufacture of thermoplastic composites in the aerospace industry and implanted devices among other applications.

The full report can be found here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.