IRPC Polyol signs JV agreement with PCC Rokita
At the signing ceremony for the new joint venture (f. l. t.r.): Wiesław Klimkowski, Chairman, PCC Rokita SA, Waldemar Preussner, PCC Group owner and Vice Chairman of the PCC Rokita supervisory board, Sukrit Surabotsopon, President of IRPC Public Company Limited and Chairman of IRPC Polyol, Boondej Phuriyaokorn, Managing Director of IRPC Polyol
On 9 January 2015, the Thai company IRPC Polyol, a subsidiary of IRPC Public Company Limited, and Polish company PCC Rokita SA signed an agreement to form a new joint venture company.
Each party will hold 50 % of the total shares in the new joint venture company with a capital of THB 5,000,000 (~ EUR 134,000). According to Reuters news agency, the newly created JV will sell polyols and polyurethane systems from the portfolio of IRPC Polyol. In addition, IRPC Polyol will produce new products under license of PCC Rokita for the joint venture. By creating the JV, the company aims to increase its sales of polyols and PU systems in Southeast Asia, China and India.
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