Victrex Plc reports 22% drop in Q1 revenue amid weak end-markets

LONDON, UK: Victrex Plc, a world leader in high performance polymer solutions, announced a 22% decline in Q1 revenue due to challenging conditions in several end-markets, such as Electronics, Energy & Industrial and Value Added Resellers (VAR). The company, which delivers sustainable products that enable environmental and societal benefit in multiple sectors, said its Q1…

TechnipFMC acquires Victrex’s equity interest in Magma Global Limited

LONDON, UK: Victrex plc, an innovative world leader in high performance polymer solutions, delivering sustainable products which support CO2 reduction and bring environmental and societal benefit, today notes the announcement made by TechnipFMC, in relation to its purchase of the outstanding issued share capital in Magma Global Limited, to complete the full acquisition of Magma.…