PCC SE is an international

chemicals A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combin ...

silicon Silicon is a chemical element; it has symbol Si and atomic number 14. It is a hard, brittle crystalline solid with a blue-grey metallic lustre, and is a tetravalent metalloid (sometimes considered a non-metal) and semiconductor. It is a membe ...

and

logistics Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...

corporation. Headquartered in

Duisburg Duisburg (; , ) is a city in the Ruhr metropolitan area of the western States of Germany, German state of North Rhine-Westphalia. Lying on the confluence of the Rhine (Lower Rhine) and the Ruhr (river), Ruhr rivers in the center of the Rhine-Ruh ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

, the PCC Group has about 3,300 employees worldwide. It comprises 66 subsidiaries located at 41 sites in 17 countries, with production facilities in

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

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 Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

PCC SE is Waldemar Preussner,

chairman The chair, also chairman, chairwoman, or chairperson, 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 gro ...

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

(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) () is a stock exchange in Warsaw, Poland. Founded in 1817, it was located in the Saxon Palace until 1877 when it was moved to the Exchange Building at the Saxon Garden. Currently, it is located at ul. Książęca ...

, 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 (, ; abbreviated as DB or DB AG ) is the national railway company of Germany, and a state-owned enterprise under the control of the German government. Headquartered in the Bahntower in Berlin, it is a joint-stock company ( AG). DB was fou ...

AG (today DB Cargo Polska). 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 Polyol Company Ltd. In Iceland, PCC commissioned, in 2018, a

metal production plant at a cost of around US$300 million powered by geothermal energy. In 2023, PCC generated consolidated revenue of €993.6 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 ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandat ...

) amounted to €112.3 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 operat ...

(EBT) were €-20.8 million.

Segments

The group annual report for 2023 lists 45 material portfolio companies as affiliated entities of PCC SE, allocated to the seven segments: Polyols & Derivatives, Surfactants & Derivatives, Chlorine & Derivatives, Silicon & Derivatives, Trading & Services, Logistics, and Holding & Projects.

Chemical segments

The group's main revenue generator are the three Chemicals 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, th ...

s & Derivatives,

Surfactant Surfactants are chemical compounds that decrease the surface tension or interfacial tension between two liquids, a liquid and a gas, or a liquid and a solid. The word ''surfactant'' is a Blend word, blend of "surface-active agent", coined in ...

s & Derivatives and

Chlorine Chlorine is a chemical element; it has 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 between ...

& Derivatives. Its production activities are located primarily in Poland. The largest company is PCC Rokita SA, headquartered in

Brzeg Dolny Brzeg Dolny () 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 December 2021, the ...

. 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.

Silicon and derivatives segment

In the

and derivatives segment, PCC operates a silicon metal production facility in Húsavík, Iceland, which is powered by 100% electricity from renewable energy sources. The plant obtains the quartzite raw material from the PCC quarry in Poland.

Logistics segment

The logistics segment 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.

Holding and projects segment

This segment manages major projects such as the construction of a production plant for Oxyalkylates in Malaysia in a joint venture with

Petronas Petroliam Nasional Berhad, commonly known as PETRONAS (stylised in all caps), is a Malaysian Multinational corporation, multinational petroleum, oil and natural gas, gas company headquartered in Kuala Lumpur. Established in 1974, it is a lega ...

Chemicals Group which was commissioned in 2023.

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 Deutscher is a German surname. Notable people with the surname include: *Alma Deutscher, British musician and composer *Drafi Deutscher, German singer and composer *Guy Deutscher (linguist) *Guy Deutscher (physicist) *Isaac Deutscher, British jou ...

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) or corporate social impact is a form of international private business industry self-regulation, self-regulation which aims to contribute to societal goals of a philanthropy, philanthropic, activist, or chari ...

. 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