PCC to expand polyol production

PCC Group's listed companies PCC Rokita and PCC Exol have announced that they have decided to launch the largest investment in their history aimed at increasing production capacity and the range of manufactured products
.
The project will be implemented by PCC BD Sp.
z oo at the Chemical Industrial Park in Brzeg Dolny, in partnership with PCC Exol and PCC Rokita, both of which hold a 50% stake
.

"The new plant will be the first in Poland to combine the production of ethoxylates and polyols," said Wiesław Klimkowski, chairman of the management board of PCC Rokita SA
.

The unit will produce a range of ethoxylates, polyether polyols and other ethoxylate products, including biodegradable products
.
It will use ethylene oxide supplied by PKN Orlen
.
The implementation of this investment will not only help to increase the number of products available, but also expand the product portfolio of PCC Group companies as part of the continued implementation of the go-to-market strategy aimed at diversifying into many different industries with different business cycle characteristics sale
.

“Thanks to the proper combination of oxides and the use of new production technologies, products produced using the new unit will be characterized by lower VOC emissions and a shorter, low-waste production process
.
In addition, the shorter production process will reduce Energy consumption," said Dariusz Ciesielski, Chairman of the Management Board of PCC Exol SA, "and also because ethylene oxide has a lower carbon footprint than propylene oxide, some products will have a lower carbon footprint,
" he added
.

The completion date of the investment is set for mid-2026 and its value is estimated at 351 million zlotys (about 75.
9 million euros)
.
It is tentatively assumed that the combined average annual potential production capacity of the unit will reach approximately 50,000-55,000 tonnes
.
At the same time, PCC Rokita plans to invest in renewable energy to reduce the company's carbon footprint
.

In recent years, PCC Rokita and PCC Exol have completed several investments in the Brzeg Dolny Chemical Industrial Park in Poland
.
The companies say development goes hand in hand with intensively implemented investments that not only increase production capacity but also address environmental concerns
.

GreenLine products have long been part of the company's product portfolio
.
At present, they already account for about 25% of all products offered by PCC Group
.
The impact of their production on the natural environment and their life cycle stages were taken into account when designing the products in this collection
.
Some examples include products with high biodegradability, high natural origin index and low carbon dioxide emissions
.

PCC Rokita utilizes the latest membrane technology to produce GreenLine chlorine gas and soda lye, among others
.
In addition, the energy used in this process is guaranteed to be sourced from renewable sources
.
PCC Exol is also building a product line in line with the green chemistry trend
.
It provides customers with BioRokamin, one of the most efficient and mild eco-friendly amphoteric surfactants, especially popular in the cosmetic industry
.
Due to its actions, the company is regularly awarded Gold status in recognition of its CSR EcoVadis rating
.

Companies under the PCC Group have also been investing heavily in energy efficiency over the years
.
One of the most important projects in this field is the conversion of PCC Rokita to chlorine production based on environmentally friendly membrane technology, which makes it possible to avoid more than 140,000 tons of carbon dioxide emissions per year
.

PCC Rokita is currently reviewing various potential energy and efficiency projects
.
Among other things, PCC Rokita is considering either retrofitting existing grate boilers to gas-fired boilers or replacing coal fuel with low-parameter gas-fired boilers
.
PCC Group companies have not ruled out the possibility of investing in their own energy to reduce their carbon footprint
.
Investing in renewable energy seems to be the right direction
.

The companies are considering the construction of several solar farms with a combined capacity of about 30 megawatts, the largest of which will be built on the rehabilitated land
.
The goal is to create a renewable energy source directly linked to the production unit
.
In the future, the group is also considering buying land specifically for expanding solar farms
.
Meanwhile, the company is discussing the possibility of building a wind farm
.
With this purpose in mind, it has selected attractive land and is currently analysing the feasibility and profitability of the project
.
The estimated potential of the selected site is equivalent to about 15 MW
.
In these investments, it is possible to include external entities
.

Both PCC Rokita and PCC Exol ended the previous period with record-breaking results, with growth in most production divisions
.
The company said that the very good financial results for the last three quarters of 2021 constitute a good basis for launching development projects aimed at combining the development of production potential with the provision of sustainable energy supply
.

“Investments are a key element of our corporate strategy
.
The financial results we achieve are a direct result of them
.
In the third quarter of this year, PCC Rokita Group generated a record consolidated interest and tax of over 437 million zlotys (approximately 94.
5 million euros) Profit before amortization, followed by a record-breaking net profit of 236 million zlotys (about 51 million euros)
.
” Rafał Zdon, Deputy Chairman of the Company’s Management Committee: “Similarly, PCC Exol Group ended the third quarter of this year with a The profit before sales is close to PLN 60 million (approximately EUR 13 million)
.
As a result, PCC Exol Group’s consolidated net profit after the three quarters of 2021 is the highest in the group’s history, exceeding PLN 35 million (approximately EUR 13 million).
7.
6 million euros)
," he added
.