In 2015, PCC Rokita SA makes a first step to enter the rapidly growing markets of Southeast Asia, China, and India by establishing a joint venture with the Thai polyols and polyurethane manufacturer IRPC Polyol Company Ltd., Bangkok. Subsequently, PCC Rokita SA acquires a total of 50% of the shares in IRPC Polyol by 2018. This partial takeover represents the next step of the PCC Group in the expansion in Asia with one of the core business areas.
| Principal: | PCC Rokita SA |
| Location: | Brzeg Dolny (Poland)/Bangkok (Thailand) |
| Project status: | PCC Rokita SA started contractual negotiations with the Thai polyols producer IRPC Polyol Company Ltd. (IRPC Polyol) at the beginning of 2014 to establish a joint venture. The negotiations were successfully concluded in January 2015 with the two companies signing an agreement to create a 50/50 joint venture under the name IRPC-PCC Company Ltd. headquartered in Bangkok. The objective is to sell polyols and polyurethane (PU) systems in the growing Asian markets. Subsequently, PCC Rokita SA acquired a total of 50% of the shares in IRPC Polyol: In early 2017, PCC Rokita SA initially took over 25% of the shares in IRP Polyol from its parent company, the petrochemicals group IRPC Public Company Ltd. In 2018, the stake was increased to 50%. |