Victrex was part of Imperial Chemical Industries (ICI) until a management buyout that took place in 1993. After incorporation, Victrex started operations with just 60 employees. Victrex’s specialization in the production of PEEK polymer and selling it to the industrial market led to exponential expansion. In 1995, Victrex floated its shares on the London Stock Exchange, and the company’s new name became Victrex Plc.
The company delegates its operations to several subsidiaries that each serve a specific segment of the market. Primarily, the company manufactures and distributes proprietary PEEK polymers to customers from all over the world. The PEEK polymer materials are essential for correcting knee, spine, dental, and orthopedic problems. Additionally, the company offers solutions that facilitate the proper application of medical devices and their manufacturing. Typical customers for Victrex’s products and services are medical markets, aerospace, electronics, and engineering markets. The company has its headquarters in Thornton Cleveleys, U.K.