PCC SE is an international

chemicals A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., wit ...

logistics Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of ...

and

energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat a ...

corporation. Headquartered in

Duisburg Duisburg () is a city in the Ruhr metropolitan area of the western German state of North Rhine-Westphalia. Lying on the confluence of the Rhine and the Ruhr rivers in the center of the Rhine-Ruhr Region, Duisburg is the 5th largest city in Nor ...

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

, the PCC Group has more than 3,300 employees worldwide. It comprises some 70 subsidiaries located at 39 sites in 17 countries, with production facilities in

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...

and the United States. The sole shareholder of the group´s parent and

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

PCC SE is

Waldemar Preussner Waldemar, Valdemar or Woldemar is an Old High German given name. It consists of the elements ''wald-'' "power", "brightness" and ''-mar'' "fame". The name is considered the equivalent of the Slavic name Vladimir, Volodymyr, Uladzimir or Włod ...

chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

of the administrative board.

History

In October 1993, Waldemar Preussner and partners established ''Petro Carbo Chem Rohstoffhandelsgesellschaft mbH'' (today PCC Trade & Services GmbH), a commodity trading company, in Duisburg. In 1998, PCC AG was formed as a spin-off and in February 2007, converted into a

Societas Europaea A ''societas Europaea'' (, ; "European society" or "company"; plural: ; abbr. SE) is a public company registered in accordance with the corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute f ...

(SE). In 1998, PCC SE was one of the first medium-sized German companies to start issuing bonds directly, independently of banks. Since then, corporate bonds have formed the main financing instrument of the group holding company. The PCC group has expanded and diversified through acquisitions and project investments. Particularly in Poland and elsewhere in Central and Eastern Europe, PCC acquired various previously state-owned companies, which it then modernized and expanded. In 2010, PCC completed the takeover of a Polish chemicals producer, known today as PCC Rokita SA, the largest group subsidiary. PCC SE has placed minority stakes of two Polish chemical companies on the

Warsaw Stock Exchange The Warsaw Stock Exchange (WSE), pl, Giełda Papierów Wartościowych w Warszawie, is a stock exchange in Warsaw, Poland. It has a market capitalization of PLN 1.05 trillion (EUR 232 billion; as of December 23, 2020). The WSE is a member of th ...

, PCC Rokita SA (initial public offering in 2014) and PCC Exol SA (2012). Logistics company PCC Intermodal S.A. (IPO in 2009) was delisted from the Warsaw Stock Exchange in 2018. As a major divestiture, in 2009, PCC sold its Polish subgroup PCC Logistics to

Deutsche Bahn The (; abbreviated as DB or DB AG) is the national railway company of Germany. Headquartered in the Bahntower in Berlin, it is a joint-stock company ( AG). The Federal Republic of Germany is its single shareholder. describes itself as the se ...

AG (today

DB Cargo Polska DB Cargo Polska (formerly DB Schenker Rail Polska and PCC Rail) is a Polish company operating mainly in rail freight transportation. It is presently owned by the German state railway company Deutsche Bahn (DB). The primary materials transported b ...

). Investments further afield include US specialty surfactants developer PCC Chemax, Inc. Activities are also being pursued in Asia through the acquisition of a total of 50% of Thai polyols and polyurethane producer

IRPC IRPC Public Company Limited or simply IRPC (Integrated Refinery & Petrochemical Complex) ( th, ไออาร์พีซี) is a Thai Public SET-listed Petroleum and Petrochemical company. It is a subsidiary of PTT Group, formerly Thai Petr ...

Polyol Company Ltd. In Iceland, PCC commissioned, in 2018, a

silicon Silicon is a chemical element with the symbol Si and atomic number 14. It is a hard, brittle crystalline solid with a blue-grey metallic luster, and is a tetravalent metalloid and semiconductor. It is a member of group 14 in the periodic tab ...

metal production plant at a cost of around US$300 million powered by geothermal energy. In 2021, PCC generated consolidated revenue of €979.6 million. Earnings before interest and other financial items, taxes, depreciation and amortization (

EBITDA A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, stat ...

) amounted to €197.5 million, and

earnings before taxes In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses. Operating income and ope ...

(EBT) were €91.7 million.

Divisions

The group annual report for 2021 lists 55 material portfolio companies as affiliated entities of PCC SE, allocated to the four divisions: Chemicals, Logistics, Energy and Holding/Projects.

Chemicals

Accounting for a share of around 83 percent, the group´s main revenue generator is the Chemicals division and its five segments

Polyol In organic chemistry, a polyol is an organic compound containing multiple hydroxyl groups (). The term "polyol" can have slightly different meanings depending on whether it is used in food science or polymer chemistry. Polyols containing two, thr ...

Surfactant Surfactants are chemical compounds that decrease the surface tension between two liquids, between a gas and a liquid, or interfacial tension between a liquid and a solid. Surfactants may act as detergents, wetting agents, emulsifiers, foaming ...

Chlorine Chlorine is a chemical element with the Symbol (chemistry), symbol Cl and atomic number 17. The second-lightest of the halogens, it appears between fluorine and bromine in the periodic table and its properties are mostly intermediate betwee ...

, Specialty Chemicals (including

Phosphorus Phosphorus is a chemical element with the symbol P and atomic number 15. Elemental phosphorus exists in two major forms, white phosphorus and red phosphorus, but because it is highly reactive, phosphorus is never found as a free element on Ear ...

derivatives and

Alkylphenol Alkylphenols are a family of organic compounds obtained by the alkylation of phenols. The term is usually reserved for commercially important propylphenol, butylphenol, amylphenol, heptylphenol, octylphenol, nonylphenol, dodecylphenol and related ...

s), and Consumer Products, which together realized sales in 2021 of €809-1 million. Its production activities are located primarily in Poland. The largest company is PCC Rokita SA, headquartered in

Brzeg Dolny Brzeg Dolny (german: Dyhernfurth) is a town in Wołów County, Lower Silesian Voivodeship in south-western Poland. It is located north-west of Wrocław on the Oder River, and is the site of a large chemical plant complex, PCC Rokita SA. As of ...

. Among its products are polyether polyols, a feedstock used in the manufacture of PU foams for items such as mattresses. It is also a chlorine producer. PCC Exol SA, Brzeg Dolny, is a Polish manufacturer of surfactants. The largest commodity trading company in the group is PCC Trade & Services GmbH.

Logistics

The Logistics division is dominated by PCC Intermodal S.A., a combined road and rail logistics services provider in Eastern Europe with five wholly owned container transshipment terminals in Poland and Germany. The company operates container block train services between the Polish inland terminals of PCC, seaports located in Germany, and the Benelux countries, among other destinations.

Energy

The Energy division is engaged both in combined heat and power generation and in renewable energy generation with six small hydropower plants (SHPP) in North Macedonia and Bosnia & Herzegovina.

Holding/Projects

This division provides group-wide services such as information technology and finance. It also manages major projects such as the construction (2015-2018) of a production plant for silicon metal in Iceland.

Corporate Citizenship

The company is the name sponsor of the PCC Stadium in Duisburg, the home venue of local soccer teams. PCC SE supports the homeless relief association Gemeinsam gegen Kälte Duisburg e.V., German children's rights organization Deutscher Kinderschutzbund in Duisburg and the Amani Orphans’ Home Mbigili (AOHM), a Tanzanian non-governmental organization that cares for AIDS orphans in the region. Group companies PCC Rokita SA and PCC Exol SA received a silver and a gold medal, respectively, from the international collaborative sustainability platform, EcoVadis, for their reporting on

corporate social responsibility Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethicall ...

. From 2016 to 2019, PCC Rokita SA was included in the Respect Index, the social responsibility index of companies listed on the Warsaw Stock Exchange.

References

{{Authority control Chemical companies of Germany Multinational companies headquartered in Germany Manufacturing companies based in Duisburg Logistics companies of Germany Energy companies of Germany German brands 1993 establishments in Germany