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December 12, 2022 04:30 PM

PCC Rokita invests in R&D, sees modest demand increase for polyols

Jaroslaw Adamowski
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    Brzeg Dolny, Poland – PCC Rokita is to build a new Innovation Centre which will add a total of 6,000m2 to the company’s laboratory facilities, according to Rafał Zdon, vice president of the company's management board. 

    PCC Rokita has allocated PLN 50m (€10.7m) towards the Innovation Centre project. Zdon said the company’s R&D department is currently developing new polyols for use in “cooling and relaxing” PU mattresses, during an online call to the company’s shareholders delivering the company’s financial results for Q3 2022.

    Zdon said: “When it comes to the profitability of [PCC Rokita’s] polyurethanes segment, the third quarter [of this year] was the weakest one in 2022.

    “In the second quarter, the prices of polyols started to significantly decrease. The price drop slowed down in September. In addition to this, the demand [for polyols] has slightly increased, but this is not a significant change.”

    Zdon said PCC Rokita plans to develop the company’s presence in several foreign markets: “We are developing this sales channel because it is generating considerable results. Owing to this, we have a strong presence in European markets, but also in Turkey and the US. We are also present in Asia where Thailand is our base. It is a market with a potential that is worth of attention.”

    Meanwhile PCC is intensifying efforts to increase use of renewable energy sources, which Zdon hopes will reduce manufacturing costs in the future. 

    Based in Brzeg Dolny, in western Poland, PCC Rokita is an offshoot of Germany’s PCC SE group. The firm has been listed on the Warsaw Stock Exchange (WSE) since 2014.

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