Lucite International

This firm reported record levels of production of its materials Perspex and Lucite last year and the company is opening a new factory in Shanghai to meet demand. Sales rose £10m to £707m in 2004, although operating profits dipped £2m to £67m._x000D_
Lucite International was formerly known as Ineos Acrylics, part of the chemicals giant ICI. It was bought in 1999 for £505m by Charterhouse Development Capital and is now headed by Ian Lambert.

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Company details
Year2005
Rank45
CompanyLucite International
ActivityPlastics maker
LocationSouthampton
Sales £m*707
Profit £m*67
Year endDec 04
Principal shareholdersCharterhouse Development Capital (78%), Ineos Group (11%)
Staff2,000
Founded1999
Websitewww.luciteinternational.com

If applicable:

* Supplied by company † Annualised figure