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Victrex has won permission from Wyre Council to expand its PEEK chemicals plant in Thornton by 2015, with the creation of up to 20 jobs.

Victrex is to invest £90m in the development of a new PEEK polyaryletherketone production plant at its Hillhouse site in Lancashire by 2015.

Victrex is to build a new £6.5m office and laboratory at the headquarters of its polymers business in Thornton Cleveleys by July 2012.

Victrex is to invest £75m in the expansion of its thermoplastics business over the next three years, including a new £29m factory at its Thornton Cleveleys site in Lancashire.

Victrex has acquired an oxidation plant at Seal Sands in the north-east from Degussa for £16m, in order to secure the supply of the BDF raw material for the production of its Peek polymer.

Victrex is planning to expand its UK production capacity for high-performance plastic materials by 1,000 tonnes a year.

Victrex is considering plans to set up a new speciality plastics plant in China, and plans for a new UK plant would be dropped.

Victrex is planning to spend £20m increasing its production capacity of speciality plastics over the next 30 months.

Victrex is forming a fuel cells joint venture with Ballard of Canada to research new manufacturing processes for ionomers, which could lead to the £17m development of two pilot factories.

Victrex is planning to increase the capacity at its UK thermoplastics plant to 2,000 tonnes a year, and also wants to build a further plant.

Victrex, the thermoplastics producer, is forming a joint venture with Mitsui Toatsu Chemical to streamline its sales and development in Japan.

Victrex, the speciality chemicals concern, expects to raise about £52m from its forthcoming flotation.

Victrex, the speciality chemicals concern, plans to raise about £12m from a share issue.

Victrex, the maker of high temperature plastics, is planning a stock market flotation to invest in plant and staff.