MARKET

Victrex plc acquires the innovative fibre manufacturer Zyex

The move further enables Victrex to offer differentiated VIctrex™ Peek-based solutions to open-up new markets, in line with its strategy

Victrex plc, an innovative world leader in high performance polymer solutions, announced that it has acquired Zyex, a recognised global leader in the manufacture of Peek based fibres, principally for the aerospace, automotive and industrial markets.

The move further enables Victrex to offer differentiated Victrex™ Peek-based solutions to open-up new markets, in line with its strategy. This is now strengthened with additional fibre products, application expertise and resources from the Zyex team to develop new and existing solutions for customers.

Zyex is a well-established and long-standing customer of Victrex and like Victrex, Zyex was formed out of ICI. The two companies coming together is a natural evolution. The complementary strengths of Zyex and Victrex will create a world class supplier of Peek fibres. Beyond opportunities from developing new and existing applications, the investment will also enable Victrex to explore the potential of additive manufacturing within the fibres area, building on the additive manufacturing consortium announced in 2016.

Zyex´s product range focuses on Peek polymer based fibres for applications such as process belting, filtration or wiring harnesses, with manufacturing facilities in Gloucestershire, UK.

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