PCC Rokita, part of Petro Carbo Chem which in 2006 unsuccessfully attempted to buy Azoty chemical plant plans big investments. At first, it will quadruple production of elements used to produce detergents and cosmetics. A new plant will be launched worth PLN 90m (EUR 27.6m).
“The new installation will reach full capacity in the fourth quarter of 2008”, Anna Michalska, PCC Rokita spokeswoman said.
Listed Polimex Mostostal built the plant.
“PCC Rokita will become one of the strategic partners for the producers of detergents and cosmetics”, Anna Michalska stressed.
In the next three years, PCC Rokita will invest PLN 380m in further projects.
In the first five months of the year, the company had PLN 383.2m of sales and PLN 16.8m of operating income against, respectively, PLN 901.5m and PLN 25.7m a year earlier.
(PLN 1 = EUR 0.307)