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October 06, 2017 12:00 AM

PCC Rokita invests EUR 1.86 m in Polish PU facility

Jaroslaw Adamowski
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    By Jaroslaw Adamowski

    Brzeg Dolny, Poland — Polish polyol maker PCC Rokita has invested more than PLN 8 m (EUR 1.86 m) to create a new facility where it will research and test new PU foam products.

    The facility, which covers about 1,000 m2, is also enabled to produce small quantities of PU foam as trial batches, according to the company.

    Wieslaw Klimkowski: Technical support

    ‘The laboratory is intended to provide technical support to those producers that do not own their own devices that would allow them to test and produce small amounts of foam,’ said Wieslaw Klimkowski, the president of the company’s management board.

    The investment was launched shortly following the release of the company’s improved financial results for the first half of this year. In the first six months of 2017, PCC Rokita posted sales of about PLN 629m, up 14.5% compared with the same period a year earlier, and a net profit of some PLN  75.2 m, an increase of 15.2% from the first half of 2016.

    PCC Rokita operates a plant in Brzeg Dolny, in the country’s south-west. The producer supplies PU systems to companies that are predominantly active in the furniture and construction industries. PCC Rokita is a subsidiary of Germany’s PCC SE group which owns more than 70 offshoots in 12 countries worldwide. Since 2014, the Polish company has been listed on the Warsaw Stock Exchange (WSE).

    Currency conversion: XE.com 6 October

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