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 sales of polyols and polyurethanes systems in South-East Asia, China and India," press release stated. According to the agreement, each of company will have a 50 percent stake and 50 percent of votes at shareholders’ meetings. PCC Rokita is a Polish producer and trader of chemicals. IRPCP has been operating in Thailand and on the South East Asia market for 30 years, selling and supplying polyols.