Locked content PCC Rokita mulls Romanian acquisition

WSE-listed chemical group PCC Rokita is interested in acquiring Romanian state-owned Oltchim, the Polish company said in a market filing. The group has made the initial feasibility study of the company’s assets, infrastructure and real estate. “In order to undertake the next steps in acquiring...

PCC Rokita 2016 net profit increases significantly

WSE-listed chemicals producer PCC Rokita had a PLN 202.72 million consolidated net profit in 2016, up from PLN 84.75 million last year (139.2 percent y/y growth). Operating profit stood at PLN 234.3 million vs. PLN 102.86 million in 2015. Revenue from sales amounted to PLN 1.107 billion, slightly up...

PCC Rokita gains major stake in Thai firm

Polish Plastics and cosmetics manufacturer PCC Rokita has acquired a 25 percent stake in the Bangkok chemical company IRPC Polyol Company Ltd., the company stated in a press release on Wednesday.

Locked content PCC Rokita liquidates firm in Belarus

Chemicals group PCC has launched a liquidation process of PCC Prodex Bel Ltd, its subsidiary based in Belarus, its management reported. PCC Prodex Bel Ltd was founded in 2012 in Minsk. PCC Rokita debuted on the WSE in January 2014. Other firms from the group on the Warsaw bourse include chemical fir...

Locked content PCC Rokita to issue bonds worth PLN 200 mln

PCC Rokita plans to conduct at least two issues of bonds under the third bond issue program worth a total of PLN 200 million, the company announced in the prospectus. “The bonds will be issued in a few consecutive series. The number of bonds offered in each series will be determined in the res...

Locked content PCC Rokita to invest PLN 130 mln

Chemical company PCC Rokita plans to spend PLN 130 million for investments this year, said Wiesław Klimkowski, CEO of the company. “In 2015, the company will continue to develop its investments, including the expansion of the production capacity of propylene oxide and an increase of the produc...

Locked content Polish chemicals producer signs JV with Thai company

PCC Rokita made a joint venture deal with IRPCP, based in Bangkok. The newly created company is to sell polyols and polyurethanes systems belonging to IRPCP’s portfolio. IRPCP will produce new products under a PCC technological license. “The goal of making the JV deal with IRCP is to develop s...

Locked content PCC Rokita issues BB series bonds

The Lower Silesian chemicals manufacturer PCC Rokita has issued its BB series bonds and in so doing secured PLN 25 million, reported ISBnews. Demand for Rokita bonds was higher than the amount available. Altogether, investors signed up for PLN 35 million-worth of bonds. AA series buyers were given p...

Locked content PCC mulling more IPOs

Chemicals group PCC, which just floated its PCC Rokita unit on the Warsaw Stock Exchange, might in within the next 18-24 months put other companies from its group public. “Such time is needed to conclude investments and prepare an organization for the status of a public compan,”said PCC CEO Waldemar...

Locked content Rokita to debut on the WSE this Wednesday

PCC Rokita, the Lower-Silesian chemical producer is to make a Warsaw Stock Exchange debut on June 25. The company offered 2,531,296 shares in the institutional tranche and 446,699 shares in the retail tranche, according to an earlier PAP release. The selling price per share was PLN 33. Rokita, based...