Lucite International

This Southampton-based company began making Perspex – known as Lucite in America – in the 1930s. It was a division of the chemicals giant ICI before it was bought by Charterhouse Development Capital for £505m in 1999. Run by chief executive Ian Lambert, Lucite recently opened a new factory in Shanghai to meet demand for plastic for baths, sinks and shop signs. Its production rose to a record in 2005, when sales were £780m.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2006
Rank39
CompanyLucite International
ActivityPlastics maker
LocationSouthampton
Sales £m780
Profit £m64
Year endDec 05
Principal shareholdersCharterhouse Development Capital (78%), INEOS Group (11%), Staff (9%)
Staff2,099
Founded1999
Websitewww.luciteinternational.com

If applicable:

* Supplied by company † Annualised figure