Polish polyether polyols producer PCC Rokita (Brzeg Dolny; www.pcc.rokita.pl) in January signed a contract to establish a 50:50 polyols and polyurethane systems joint venture with IRPC (Bangkok / Thailand; www.irpc.co.th). Financial details of the deal were not disclosed. The jv will be based in Bangkok and distribute polyols and polyurethane systems in China, India and southeast Asia. In addition, it will develop new products based on PCC Rokita’s proprietary “iPoltec” technology.

PCC Rokita claims to be Poland’s sole polyether polyols producer. The largest member of chemicals, energy and logistics group PCC (Duisburg / Germany; www.pcc.eu), the company also produces chlorine and speciality chemicals.

During the signing ceremony, PCC group owner and vice president Waldemar Preussner said the jv is part of the company’s growth strategy of exploiting new market opportunities in developing economies, adding that the chemicals market in Asia is among the most dynamic in the world. IRPC said the investment is in line with its strategy to develop higher value-added products.