History
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| 2011 | PCC launches development of private label producer segment |
| PCC SE has founded a new holding company, PCC Consumer Products Sp. z o.o., Warsaw, with the aim of creating a separate Group segment for companies producing goods under private labels. This subsidiary will form a pool of consumer goods producers, which will make it possible to achieve synergies through the use of identical distribution channels or the bundling of marketing efforts. PCC Consumer Products made its first acquisitions in August 2011. Within a privatization transaction, the holding bought 85% of the shares of the "Czechowice" S.A. matches factory in Czechowice-Dziedzice (Poland), from Poland's Ministry of the Treasury. In 2011 this company, which is based in the Śląskie (Silesia) voivodship, will be selling approximately 600 million boxes of safety matches and roughly 23 million boxes of advertising matches. The product range also comprises long matches, grill and fireplace lighters, and semi-finished products. In August 2011, PCC Consumer Products also purchased 100% of the shares of the washing agents and detergents producer Kosmet-Rokita Sp. z o.o., Brzeg Dolny, from PCC's chemical group PCC Rokita SA. More acquisitions in the consumer segment are in the pipeline. | |
| PCC Intermodal S.A. inaugurates modern intermodal transport terminal in Kutno | |
| On September 30, 2011, PCC Intermodal S.A. celebrated the grand opening of one of the most modern logistics and transhipment centres in Poland – the container terminal in Kutno (central Poland). Thanks to the excellent central location of the terminal, the existing routes from Rotterdam and the German seaports (Hamburg and Bremerhaven) can be extended further to the east, to Moscow. At the same time it will be possible to run new scheduled connections to the south of Europe: via Sopron (Hungary) to the Adriatic ports at Koper (Slovenia) and Trieste (Italy). Construction works on the Kutno Terminal commenced in Spring 2010. Currently the first of four construction phases has been completed, allowing for an annual handling capacity of 100,000 TEU (unit of measurement for standard containers). The planned further expansion steps will double handling capacity to 200,000 TEU once the final investment phase has been completed. | |
| 3Services Factory S.A. opens Data Centre in Katowice | |
| On May 11, 2011, PCC's subsidiary 3Services Factory S.A. (3SF) opened a new Data Centre in Katowice (Poland). This modern data processing centre – a joint project of PCC SE and Polish telecommunications company TKP S.A., which has been building a fibre optic infrastructure in Silesia for the past ten years – is considered to be one of the largest of its kind in Poland. PCC SE is directly holding 51% of 3SF shares, and another 21% through its shareholding in TKP. The 3SF Data Centre is located in the heart of Upper Silesia, close to the A1 and A4 motorways. The facility, with an area of 800 sq m, is the first stage of an investment encompassing the construction of a Data Centre with an overall area of 4,000 sq m. The recently opened facility has enough space for 220 server racks. The Data Centre boasts two independent power lines, emergency power generators, and three independent fibre-optic connections. | |
| EBRD to finance PCC hydropower plants in Macedonia | |
| PCC's Macedonian company PCC HYDRO DOOEL Skopje, Skopje, which is a subsidiary of PCC DEG Renewables GmbH, Duisburg, plans the construction of small hydropower plants at four locations in the Republic of Macedonia. In order to finance the construction of these power plants, the company signed an agreement for a long-term loan of €6 million with the European Bank for Reconstruction and Development (EBRD) on April 14, 2011. At an overall capacity of 4 MW, this climate protection project will generate 16 million kWh of electricity per year, mitigating (according to the guidelines of the Kyoto Protocol) CO2 emissions to the tune of roughly 15,000 metric tons. The project will apply for registration as a Clean Development Mechanism project under the framework of the Kyoto Protocol to be eligible to receive carbon credits. Presently, the development plans for all four locations have already been issued. Macedonia's authorities are expected to issue the first construction permits at the end of August / the beginning of September. | |
| Bond redemption on April 1, 2011 | |
| On April 1, 2011, PCC SE redeemed at final maturity its 7.00% bond issued five years ago (ISIN DE000A0JFJ90/WKN A0JFJ9). The redemption sum amounted to approximately €27.5 million. | |
| PCC remains committed to education in Tanzania | |
| Since 2007, PCC SE has been supporting the African relief project AOHM (Amani Orphans' Home Mbigili), a children's village for AIDS orphans in southern Tanzania (www.mbigili.de). PCC financed the construction of one of four children's houses there, which was completed in 2008. Today, nine orphans aged 5 to 15 live here together with their house-mum. The energy supply for the children's home was secured thanks to the installation of a solar power facility for the building. Striving to give young people a better future, PCC also supports students through study grants. In January 2011, PCC extended its commitment, giving three students the opportunity to study at a Tanzanian university. Prior to launching PCC's support, PCC owner Waldemar Preussner went to Tanzania to make sure on site that the donations are invested in a useful way and for the good of the orphans. At this year's Investors' Day, AOHM representatives are expected once again to give their report on current affairs in the children's village and the plans for the future. | |
| 2010 | PCC sold German energy and gas distribution business to Nexus Energía |
| At the end of 2010, PCC sold its German energy and gas distribution business to Nexus Energía S.A. from Barcelona. The contract for the sale of PCC Energie GmbH, Duisburg, was signed on December 22, 2010. The two parties agreed not to disclose the purchase price. This transaction represented the final step in PCC SE's realignment of its Energy Division, entailing a move away from the original energy trading business and a new focus going forward on the development and operation of group-owned power plants, primarily in East and Southeast Europe. For Spain's Nexus Energía S.A. power utility, the acquisition of PCC Energie GmbH constitutes a first step towards a planned internationalization. It provides a vehicle for Nexus to apply the experience it has gained as an interregional gas and power supplier on its home market to other European markets as well. PCC Energy GmbH has been active as a Germany-wide supplier of electricity and gas to industrial and mid-sized companies since 1999. In 2010, this PCC company generated sales of approximately €125 million. Its client base comprises about 6,100 industrial companies, mid-sized businesses, and retail chains. The transaction was closed on February 16, 2011. | |
| Macedonian authorities issued environmental permits for all four hydropower plants | |
| At the beginning of the fourth quarter of 2010, Macedonian authorities issued the necessary environmental permits for all four sites in the Republic of Macedonia where PCC is planning to erect small hydropower plants. Their overall capacity will reach 4,000 kW. PCC's local special purpose vehicle PCC HYDRO DOOEL Skopje, a subsidiary of Duisburg-based PCC DEG Renewables GmbH, submitted the reports required to obtain the environmental permits in August 2010. The reports were prepared by an internationally renowned environmental expert. | |
| Jubilee emission of PCC’s 25th corporate bond | |
| On October 1, 2010, PCC issued a new bond carrying 6.50% interest, which was structured as a sinking-fund bond. Interest on this corporate bond – the 25th to date – is paid quarterly in line with earlier bonds. Redemption instalments are also paid quarterly. From January 1, 2012, each quarter 5 % of the bond's nominal value will be redeemed up to final maturity on October 1, 2016. This security was issued with the particular aim of financing the railway project of ZAO PCC Rail (Moscow) in Russia. | |
| PCC SE acquired a polyurethanes system house in Poland | |
| In September 2010, PCC acquired 100 % of the shares of PRODEX-SYSTEM Sp. z o.o. from Warsaw (Poland), a polyurethanes system house focused primarily on rigid and semi-rigid polyurethane foam systems for thermal and acoustic insulation. With the acquisition of this company, PCC SE reinforces its activities in Central and Eastern European countries such as Poland, the Czech Republic, Ukraine, the Baltic states, and the CIS countries. Synergies will arise particularly through cooperation with the polyols business of PCC Rokita SA. | |
| PCC Izvorsko EOOD was awarded a “Class A Investor” title | |
| PCC Izvorsko EOOD (Sofia), which is developing a wind farm in Bulgaria, was awarded a "Class A Investor" certificate by the Bulgarian Government on July 1, 2010. This certificate for first-class investors was presented to the subsidiary of PCC DEG Renewables GmbH by the Ministry of Economy and Energy. Apart from speedier procedures, this title allows for preferential land purchase conditions and other benefits. PCC Izvorsko EOOD thus became the fourteenth wind farm investor in Bulgaria to be issued such a certificate. Currently wind speeds and directions are recorded by various measuring devices mounted on an 80-meter-high met mast. These data make it possible to exactly calculate potential energy production, which in turn facilitates a final assessment of the project's economic efficiency. | |
| Regular operation started at production plant manufacturing iPol speciality polyols | |
| Having successfully completed the commissioning phase, PCC Rokita SA began the regular manufacturing of iPol polyols at its new production plant on April 20, 2010. These speciality polyols allow for the implementation of the innovative iPol-tec foam technology. iPol is a special polymeric polyol whose processing enables polyurethane foam (PUR foams) producers and mattress manufacturers to substantially raise the cost efficiency and quality of cold foams. iPol foam is highly resistant, remains flexible for a long time, and meets the most severe emission and odour specifications. On its premises in Brzeg Dolny, PCC Rokita possesses an overall polyol production capacity of approximately 70,000 tonnes annually. With a share of roughly 30 %, this product line is the Lower Silesian chemical group’s main revenue source. | |
| PCC SE has become the only shareholder of PCC Rokita SA | |
| PCC SE has become the sole shareholder of PCC Rokita SA, owning 100 % of its shares effective April 1, 2010. The shares of the remaining minority shareholders have been acquired in the course of a squeeze-out process. PCC SE thus strengthens its commitment at its largest and most profitable subsidiary, bringing to an end the gradual acquisition process that has lasted several years. | |
| Construction and launch of a modern intermodal transport terminal in Kutno | |
| Carrying approximately 70,000 containers or the equivalent of 115,000 standard containers (TEU or twenty-foot equivalent) annually, PCC Intermodal S.A. is one of the market leaders in intermodal transport in Poland. The ambitious investment programme of this PCC subsidiary envisages the construction and launch of modern combined transport terminals covering the territory of Poland. Construction of the first terminal started in Kutno at the end of March 2010. This terminal will be the first modern cargo transhipment centre in central Poland. Completion is scheduled for the third quarter of 2011. | |
| Concession agreements signed for four hydropower plant locations | |
| On March 31, 2010, PCC SE, along with its subsidiary PCC HYDRO DOOEL Skopje, signed concession agreements with the Government of Macedonia concerning four locations intended for the construction of hydropower plants. After several years of negotiations, this opened the way for the projects to enter the planning and permitting phase. Each of the contracts awards a concession for the next 20 years and contains an option to extend the water use permit for 10 more years. The contracts also stipulate the launch of construction within twelve months after signing. PCC SE expects to start construction of these power plants in 2011. | |
| 2009 | Successful stock market debut of a PCC subsidiary in Warsaw |
| Duisburg/Warsaw, 18 December 2009 – The first IPO of a PCC Group company, Polish PCC Intermodal S.A. has been completed with the first listing of its shares in Warsaw on December 18, 2009. This event was preceded by the successful allotment of all 6.7 million offered shares to investors. The issue price was 3 PLN (approximately €0.7). The first listing of the shares took place on the Warsaw Stock Exchange (GPW). The shares started trading on Friday morning at a price of 2.97 PLN, close to issue price level, but then rose above 3 PLN. In the evening the shares closed at 3.15 PLN, 5% above issue price. Through the stock exchange debut, PCC Intermodal S.A. placed 10 per cent of its shares on the market. The ISIN code of the C-series shares is: PLPCCIM00022. | |
| PCC is supporting RUHR.2010 - the European Capital of Culture | |
| PCC SE has its Group headquarters in Duisburg (D), at the very heart of the Ruhr area that will be the European Capital of Culture 2010. PCC therefore has particularly strong ties to this region and backs the European Capital of Culture RUHR.2010 as one of its supporters. For one year, the distinctive features of the cultural profiles of 53 towns and cities within the Ruhr region will join to from Europe´s new, unconventional Ruhr cultural metropolis. We are happy to be able to contribute to this event. | |
| Kosmet Rokita launches new detergents on the market | |
| Although Kosmet Rokita Sp. z o.o. (Brzeg Dolny, Poland) finished development work on a new seasonal detergent line only in September 2009, the company successfully implemented an endof- season marketing campaign in 100 supermarkets of the Biedronka chain. Biedronka ("Ladybird"), part of Portugal's Jerónimo Martins Group, is Poland's leading discount grocery chain. Next summer, the new "Brillo"-branded wood, grill and plastics cleaning liquids will be available from the chain's more than 1,400 stores all over the country. In cooperation with the JM Group, Kosmet Rokita is now also preparing the market launch of a fabric softener concentrate containing microcapsules as well as washing liquids with odour neutralisers. Cooperation with French detergents specialist Eau Ecarlate SAS (EE), which in the first step was limited to the French and Spanish markets, has in the meantime been extended to cover deliveries to the Belgian market as well. The innovative detergent concentrates can be found on the shelves under the "Vigor Compact" brand name. A pre-wash gel, a drain unblocker and a bleach spray for EE are under development. | |
| PCC SE acquires majority stake in Polish quartzite mine | |
| In September, PCC SE bought 90.25% of the shares of the quartzite mine "Kopalnia i Zaklad Wzbogacania Kwarcytu Bukowa Góra S.A.", with annual sales of approximately PLN 18 million (about €4.5 million). The new PCC subsidiary is based in Zagórze (in the Laczna municipality), about 160 km south of Warsaw. Through the acquisition of this company, PCC is aiming to gain access to the fast-growing solar energy market. Quartzite is used in the manufacture of silicon, a semiconductor with a 95% share in the material of solar cells. | |
| PCC Rokita completes production plant for Rokopol iPolTM specialty polyols | |
| In past years, PCC Rokita continuously increased its production capacity for standard polyols known under the Rokopol brand name - up to 70,000 metric tons per year in the latest step following completion of the third production line in 2006. Apart from that, and in line with earlier information, PCC will in future move its production emphasis towards the manufacture of higher-value specialty polyols. The company's product development effort is concentrating in particular on improving certain product characteristics such as high flame retardancy, extreme resilience and open-cell visco-elastic memory. Construction work on the production line for so-called Rokopol iPol TM polyols has recently been completed. Following the acceptance procedure and completion of the test runs, the plant is due to be commissioned in the third quarter. | |
| PCC commissions first small hydropower plant in Bosnia and Herzegovina | |
| The small hydropower plant "Mujada", PCC's first climate protection project in Bosnia and Herzegovina, has been put into operation in February. The project has a power generation capacity of 1.2 MW and will help to avoid CO2 emissions of 7,200 metric tons annually. Mujada is one of PCC’s 18 environmentally friendly hydro power projects at locations in Bosnia and Herzegovina, the Republic of Macedonia and Bulgaria, which are currently in the planning, development or construction stages. | |
| PCC launches group-wide measures to implement EU's REACH directive | |
| Through the introduction of the European Union's REACH directive, new legislation regulating the registration, evaluation and authorization of chemicals has entered into force. So far, the extensive pre-registration phase has been successfully completed. Considering the fact that within the PCC group several production sites are affected by the new directive, a REACH task force has been set up to secure an efficient implementation of the complex legislative regulations throughout the whole group. In a first step, the REACH coordinators of the PCC units concerned have created a unified cross-site reporting system. | |
| 2008 | EC3 heat power plant successfully commissioned |
| The EC3 heat power plant built on the site of PCC Rokita SA in Brzeg Dolny was successfully commissioned in November 2008. The new power plant was connected to the grid with a capacity of 14 MW of power and 80 MW of heat, reducing CO2 emissions by 40,000 tons annually. Owing to the installation of highly efficient technology PCC received EU funding for the erection of this power plant. | |
| Jubilee bond emission at 7.25 % | |
| The new bond issued on 1st September 2008 is PCC SE's jubilee bond. Interest due for this 21st corporate bond - coded ISIN DE000A0WL5E5 - is paid quarterly in line with earlier bonds, but its interest coupon set at 7.25% p.a. is the highest to date. For ten years now - since October 1998 - PCC has been issuing corporate bonds as a flexible financing tool. | |
| PCC Intermodal S.A. extends network to Rotterdam | |
| PCC's subsidiary PCC Intermodal S.A. has started operating regular container block trains between Poland and the Dutch port of Rotterdam. The containers are reloaded at KV-Terminal, the freight traffic centre of Frankfurt/Oder. Initially the company is running five scheduled trains weekly between the large inland terminals in Poland and Rotterdam and vice versa. | |
| New sulphonation plant at PCC Rokita completed | |
| In May following a construction period of 15 months, PCC Rokita SA completed its second sulphonation plant as part of its programme to expand the production of anionic surfactants. The total cost of the facility was €25 million (PLN 90 million). The annual capacity of the plant is 30,000 metric tons, which means that previous anionic surfactant output figure of 10,000 metric tons has been quadrupled to 40,000 metric tons. A pipeline system connects the new facility to the existing plant complex for improved capacity utilisation. The latest technologies employed will ensure high product quality and thus a good position on the European and world markets. | |
| PCC Rokita a prime mover in the “ChemiPark” development | |
| In 2007, PCC Rokita SA initiated the establishment of the research and technology park “ChemiPark Technologiczny Sp. z o.o.” at its production site in Brzeg Dolny. The park is to serve as an interface between science, business and governmental agencies with the purpose of promoting the development of innovative technology and product solutions. | |
| PCC Rail S.A. acquires majority stake in Szczecin-based port company | |
| Following a capital increase by PLN 5 million (approx. EUR 1.4 million), PCC increased its stake in the Szczecin based port company Drobnica-Port Szczecin to 91.4%. In a first step PCC had acquired a stake of 46.2% in February 2007. The company is renamed PCC Port Szczecin. | |
| New divisional structure for PCC Group: Chemicals, Energy and Logistics | |
| Due to a new strategic focus in its energy activities PCC SE has changed its divisional structure at the beginning of 2008. The Trading Division was replaced by the new division “Energy”. It will comprise the groups’ energy trading and supplies businesses as well as those companies active in the development, construction and operation of power plants. Building up a portfolio of energy assets, PCC strives not only at realizing attractive investment opportunities – especially in the field of renewable energy- but also aims at achieving a more stable sourcing basis for its electricity supply activities towards commercial end users. Presently power plants are being planned, developed or built in Germany, Poland and the Balkans. PCC’s commodity trading of chemicals and solid fuels has been transferred to the Chemicals Division, which will thus contribute the largest share to the group’s sales. The Logistics Division is not affected by this reorganisation. | |
| 2007 | PCC kicks off construction of modern heat power plant in Poland |
| At a cost of approximately 28 million euros, PCC Energetyka Rokita SA builds a new heat power plant in Brzeg Dolny, Lower Silesia. The new plant will allow for a significant reduction of the emissions of greenhouse gases, dust, sulphur dioxide and nitrogen compounds. Carbon dioxide emissions alone will drop by 40,000 tons annually. The groundbreaking ceremony was held on December 12, 2007. | |
| PCC issues first profit participation certificate at 8.75% | |
| On October 1, PCC SE issued its first profit participation certificate. The annual basic distribution was fixed at 8.75%. The basic distribution will be paid out quarterly. The profit participation certificates will be redeemed upon termination by the holders, which will be possible on 31 December 2017 at the earliest. | |
| New emissions listed on the Open Market of the Frankfurt Stock Exchange | |
| PCC SE's two new securities emissions started trading on the Open Market of the Frankfurt Stock Exchange (FWB® Frankfurter Wertpapierbörse) on October 11 and October 12, 2007 respectively. Currently 5 securities emissions worth 98 million euros are in circulation. All securities are traded on the Open Market. | |
| PCC SE issues 20th bond at 7.00% | |
| On October 1, PCC SE issued its 20th corporate bond bearing 7.00% interest p.a. paid on a quarterly basis. The bullet bond will mature on October 1, 2012. | |
| PCC establishes joint venture with DEG | |
| PCC and DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH are jointly planning to build small hydropower plants in Bosnia-Herzegovina, Bulgaria and Macedonia. For the purpose of this project, they established the joint venture PCC DEG Renewables GmbH which currently plans to build 30 hydropower plants with an overall capacity of 45 MW. | |
| PCC completes investment in flame retardants facility | |
| In February, the capacity expansion of the flame retardants production facility on the premises of PCC Rokita SA was successfully completed. Production capacity rose by 2 000 tons annually. Production was launched in April 2007. | |
| PCC acquires stake in Szczecin-based port company | |
| PCC acquired a 42.6% stake in Szczecin-based port company Drobnica-Port Szczecin Sp. z o.o. The stake in this general cargo stevedoring company provides PCC's subsidiary PCC Rail with permanent access to Szczecin's port infrastructure and allows for an extension of the company's logistics chain. | |
| PCC AG becomes PCC SE | |
| On February 7, 2007 PCC AG accomplished the transformation into a European Company – Societas Europaea, abbreviated SE. The transformation into a SE is intended to send out a clear signal about the European identity of PCC as well as strengthen our social and cultural position in the European Union and beyond. | |
| 2006 | PCC has finalised its first acquisition in the USA |
| In February PCC AG buys the CHEMAX Division of Rütgers Organics Corp. by means of an asset deal. The new company's name is PCC CHEMAX, Inc. The company is located in Piedmont close to Greenville/SC, develops and markets speciality surface-active chemicals (surfactants). | |
| 2005 | 17th bond is listed on the Frankfurt Stock Exchange |
| With the listing of the 17th bond (ISIN DE000A0EY6Q4) for trading on the regulated unofficial market at the Frankfurt Stock Exchange, the PCC Group provides investors with the opportunity of shaping their investment strategies more flexibly. All told, PCC has issued 19 bonds between October 1998 and today. EUR 95 m of this sum is currently in circulation. Repayments and interest services on all bonds have been made according to schedule. To dates 14 bond issues have been repaid. | |
| Power supplies between south-eastern Europe and Germany | |
| PCC GmbH supplies the first quantities of power between south-eastern Europe and Germany. As already mentioned, admission is gained as a trading partner to the power exchanges in France and Italy. Moreover PCC takes part in CO2 emission trading. | |
| 2004 | Financing further growth |
| To finance further growth PCC AG took on profit participation capital of EUR 18m under the Hypo-Vereinsbank "PREPS-2" programme in December 2004. Group commercial equity rose to EUR 74.3m and the equity ratio correspondingly to 31.8 %. | |
| Increase in shareholdings | |
| In December 2004 the shareholdings in Rokita SA and PCC Rail Szczakowa S.A. were increased to 88.3% and 95.7 % respectively. | |
| Cooperation agreement | |
| Under a long-term co-operation agreement, Petro Carbo Chem GmbH in 2004 began marketing silicones and silanes from the Ukrainian "Kremnipolymer" production plant. The markets targeted are Europe and North America. „Kremnipolymer“ is certified on the basis of ISO 9001:2000 | |
| 2003 | Strategic investment in logistics |
| Shareholding in logistics enterprise KP Szczakowa S.A. (Jaworzno in Poland). Today's PCC Rail Szczakowa S.A. is one of Poland's largest private rail companies and today operates 84 locomotives and around 2,800 wagons. Together with PCC's own re-loading points in Mukatschewo (Ukraine) and Sławkow (Poland), rapid and flexible reaction to the growing need for transport in an east-west direction is thus possible. | |
| Majority acquired in Rokita S.A. | |
| PCC AG raises its shareholding in Rokita SA to 50.32 %. As a result, the chemicals group is incorporated for the first time in the consolidated financial statements. | |
| PCC issues the 10th bond | |
| On 1 October 2003 PCC AG issues 10th direct bond (7 % coupon with quarterly interest payments) of the Group within 5 years. | |
| 2002 | PCC continues to grow |
| PCC AG acquires 33 % in ROKITA SA The chemical company group in Lower Silesia produces inorganic and organic products for the paper, detergent, textile, cosmetics and pharmaceutical industry. | |
| 2000 | Admission to the German power exchange |
| PCC GmbH is admitted to the Leipzig power exchange (EEX). In 2002 admission was obtained to the Austrian power exchange EXAA (Graz) and in 2005 to that in France (Powernext in Paris) and Italy (GME in Rome). | |
| Further acquisitions in the chemicals field | |
| Purchase of a majority shareholding in Poltar SP. z.o.o., the largest Polish tar processor (today: PCC Węglopochodne Sp. z o.o.) | |
| Development of the logistics division | |
| The creation of the Group's logistics sector starts. Based on its increased transportation volume of 1.2 m. tons in 1999 PCC aims at a rapid useable east-west axis. PCC AG takes over 97.2 % of SPED-KOL BLACHOWINA (today: PCC SPEDKOL Sp. z o.o.), which has a fleet of 700 tank wagons as well as its own cleaning and repair facilities. | |
| 1999 | Licensed gas supplier |
| PCC GmbH receives the license as a gas supplier for Germany. | |
| 1998 | 1st direct bond issued |
| PCC GmbH issues bearer bonds for the first time in October 1998. The issue volume runs to EUR 10.2m; the interest rate is 6.5 %. The bond was paid back as planned on 1 October 2003. | |
| Trading in electricity starts | |
| PCC GmbH begins supplying electric power from central and eastern European countries to utilities in Germany. In the first year of trading a total of 1.4 TWh (= 1.4 billion kilowatt hours) is delivered. | |
| Further production plants acquired | |
| PCC AG purchases the "Zakład Syntezy" production plant of Kędzierzyn-Koźle in Poland (today's PCC Synteza S.A.), to manufacture bisphenol A, nonylphenol, dodecylphenol and PETROTEX™ products. | |
| PCC AG established | |
| PCC AG was split from Petro Carbo Chem Rohstoffhandelsgesellschaft mbH, Duisburg and established on 20 February 1998. It was entered into the trade register at the Duisburg Municipal Court under No.: HRB 7778 on 25 March 1998. | |
| 1997 | Entry into production of carbo-chemical intermediates |
| At the Jesenowsky coke oven plant (Ukraine), PCC GmbH begins with reworking crude benzol to pure benzol. The pure benzol is then processed into adipic acids at the Severodonezk Azot works. Adipic acids are needed to produce polyurethane and nylon which are used in the shoe and tyre industries. | |
| 1994 | Trading activities taken up |
| PCC GmbH starts operations on 1 January 1994. In the first year of business the company records sales of EUR 59.4m. | |
| 1993 | Establishment of company |
| Establishment of Petro Carbo Chem Rohstoffhandelsgesellschaft mbH (PCC GmbH) as an international trading company for petro, carbon and natural gas-derived raw materials under the management of Waldemar Preussner. Entry into the trade register at the Duisburg Municipal Court on 20 October 1993 under No.: HRB 252. |



