Victrex scores UK government funding for PAEK innovation center


While competition appears to be heating up in the PEEK (polyether etherketone) sector with the recent announcement of Solvay (Alpharetta, GA) that it is building a plant in North America, polyaryletherketone (PAEK) polymer supplier Victrex plc (Thornton-Cleveleys, UK) has received a boost in the form of a $2 million in grant funding from the UK government's Regional Growth Fund to assist it in construction of a Polymer Innovation Center in northern England.

"Victrex is continuing to invest in cutting-edge technological leadership in advanced polymers," commented Dr John Grasmeder, Technical Director at Victrex. "Improved application performance at the same or reduced cost is a common objective that we're helping our customers to address across industries. The aircraft industry, for example, is now embracing newly-developed technology for major cost and weight savings combined with accelerated assembly times. That's just one example among hundreds."
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