In October 1993, Waldemar Preussner and partners established
Petro Carbo Chem Rohstoffhandelsgesellschaft mbH (today PCC Trade & Services GmbH), a commodity trading company, in Duisburg. In 1998, PCC AG was formed as a spin-off and in February 2007, converted into a
Societas Europaea (SE). In 1998, PCC SE was one of the first medium-sized German companies to start issuing bonds directly, independently of banks. Since then, corporate bonds have formed the main financing instrument of the group holding company. The PCC group has expanded and diversified through acquisitions and project investments. Particularly in Poland and elsewhere in Central and Eastern Europe, PCC acquired various previously state-owned companies, which it then modernized and expanded. In 2010, PCC completed the takeover of a Polish chemicals producer, known today as PCC Rokita SA, the largest group subsidiary. Logistics company PCC Intermodal S.A. (IPO in 2009) was delisted from the Warsaw Stock Exchange in 2018. As a major divestiture, in 2009, PCC sold its Polish subgroup PCC Logistics to
Deutsche Bahn AG (today
DB Cargo Polska). Investments further afield include US specialty surfactants developer PCC Chemax, Inc. Activities are also being pursued in Asia through the acquisition of a total of 50% of Thai polyols and polyurethane producer
IRPC Polyol Company Ltd. In Iceland, PCC commissioned, in 2018, a
silicon metal production plant at a cost of around US$300 million powered by geothermal energy. In 2024, PCC generated consolidated revenue of €960.0 million. Earnings before interest and other financial items, taxes, depreciation and amortization (
EBITDA) amounted to €88.0 million, and
earnings before taxes (EBT) were €-29.5 million. == Segments ==