16 May 2013 14:50 [Source: ICIS news]
LONDON (ICIS)--Polish surfactants producer PCC Exol intends to build sales in Turkey and throughout the Middle East and Africa (MEA) through a newly-established Istanbul-based subsidiary, the company said on Thursday.
The subsidiary, PCC Exol Chemical Industry and Commerce, will target Turkish and MEA buyers of surfactants, such as the detergent, textile, paint, adhesive and varnish industries, it added.
PCC Exol, headquartered in Brzeg Dolny, southwestern Poland, and owned by Germany's PCC chemicals, energy and logistics group, has plants which can produce 40,000 tonnes/year of anionic surfactants and 60,000 tonnes/year of non-ionic surfactants.
The company is looking to move into major production of high-margin amphoteric surfactants production, with an eye to supplying output to makers of quality personal care products.
Global demand for surfactants overall should reach approximately 15.9m tonnes in 2018, 20% higher than in 2010, it said.
In January, PCC Exol acquired US-based specialty chemical additives developer PCC Chemax from parent company PCC.
PCC Exol's sales revenues in 2012 were zloty (Zl) 406.9m ($125.2m, €97.3m), while in the first quarter of this year they amounted to Zl 119.9m.
($1 = €0.78, $1 = Zl 3.25, €1 = Zl 4.18)
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