Expansion of one of the core business areas of the PCC Group in the important US market
Duisburg (Germany)/Wilmington (Del., USA), December 10, 2024. PCC SE plans to build and operate a chlor-alkali facility on the grounds of Chemours’ (NYSE: CC) titanium dioxide (TiO 2) plant in DeLisle, Mississippi (USA). PCC and Chemours have entered into a chlorine supply agreement which is subject to certain customary conditions precedent. The new facility will utilize state-of-the-art technology to maximize energy efficiency and provide up to an annual nameplate capacity of 340,000 metric tons once the plant is operational. The co-product, caustic soda, will be sold by PCC to strategic partners and on the open market. Construction is expected to begin in early 2026 with the plant being operational in 2028.
“Our partnership with Chemours exemplifies PCC Group’s commitment to grow in chemicals by building upon long-term relationships,” said Peter Wenzel, CEO, PCC SE. “We are dedicated to using our decades-long experience to safely and responsibly extend our chemical business at this facility. We look forward to a successful collaboration with such a major, globally renowned player as Chemours, setting a benchmark in the industry while evaluating further opportunities in the region.”
“Today, Chemours Titanium Technologies takes an important step in its continued operational excellence transformation, under Pathway to Thrive, partnering with the PCC Group to gain increased supply reliability through on-site chlorine at our DeLisle TiO2 facility,” said Denise Dignam, President and CEO of Chemours. “This new partnership, requiring no up-front financial commitment from Chemours, will enable us to lower our manufacturing costs and better serve our customers as their trusted TiO2 partner of choice. It also reinforces our commitment to the Mississippi Gulf Coast community we have called home for nearly 45 years.”
The project will create full-time opportunities for skilled personnel with PCC, and up to 1,200 temporary construction jobs.
About PCC SE
Headquartered in Duisburg, Germany, PCC SE is the parent and investment holding company of the globally active PCC Group with around 3,300 employees. Its Group companies have core competencies in the production of chemical feed stocks and specialty chemicals, silicon and silicon derivatives, and in container logistics. An investor committed to the longer term, PCC SE concentrates on continuously increasing the enterprise value of its portfolio companies through sustainable investments and the ongoing creation of new value. The largest chemical producers of the PCC Group are PCC Rokita SA, a major chlorine manufacturer and Eastern Europe’s leading producer of polyols, and PCC Exol SA, one of Europe’s most advanced surfactant manufacturers. PCC BakkiSilicon hf. operates in Iceland one of the world’s most advanced and climate-friendly silicon production facilities. PCC was founded in 1993 by Waldemar Preussner, sole shareholder of PCC SE, who today holds the position of Chairman of the Supervisory Board. For further information on PCC, go to: https://www.pcc.eu/en.
About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 6,100 employees and 28 manufacturing sites and serves approximately 2,700 customers in approximately 110 countries. For more information, visit https://www.chemours.com/ or follow Chemours on X (formerly Twitter) https://twitter.com/chemours or on LinkedIn https://www.linkedin.com/company/chemours.
