In previous years, the PCC Group was managed on the basis of five Chemicals segments Polyols, Surfactants, Chlorine, Specialty Chemicals and Consumer Products, plus three further segments Energy, Logistics and Holding / Projects. Commensurate with the development of the PCC Group in recent years and a rapidly changing market environment, the Executive Board of PCC SE resolved to realign its segment structure. The primary changes implemented are as follows: The Specialty Chemicals segment has been dissolved and the business units previously managed therein have been re-assigned to the new segments Polyols & Derivatives, Surfactants & Derivatives and Chlorine & Derivatives. The Commodity Trading business has been transferred to the newly created Trading & Services segment. The Energy segment has been dissolved and the operations managed in the Conventional Energies business unit have been reassigned to said new Trading & Services segment. The small hydropower plants and project companies in the Renewable Energies business unit have been integrated into the Holding & Projects segment. And a Silicon & Derivatives segment has been newly created, with silicon metal production having been assigned to it from the Holding & Projects segment and the related upstream quartzite quarry business joining it from the previous Specialty Chemicals segment. The Consumer Products segment has been integrated into the Surfactants & Derivatives segment as a downstream activity. All prior-year figures contained in this report have been duly restated to reflect the new segment structure in accordance with IFRS 8.

The PCC Group currently has more than 3,300 employees at 39 sites in 17 countries. Since the reorganization of the segment structure of the PCC Group with effect from January 1, 2022, the investment portfolio has been divided into seven segments. The six segments Polyols & Derivatives, Surfactants & Derivatives, Chlorine & Derivatives, Silicon & Derivatives, Trading & Services and Logistics are allocated full operational responsibility. Assigned to these six segments are a total of 18 business units that are managed by our international companies and entities. The seventh segment, Holding & Projects, includes not only the holding company PCC SE but also the intermediate holding companies PCC Chemicals GmbH and PCC Renewables GmbH, as well as various project companies.

Segments and operations of the PCC Group

Segments Polyols & Derivatives Surfactants & Derivatives Chlorine & Derivatives Silicon & Derivatives Trading & Services Logistics Holding & Projects
Operations Polyols Anionic Surfactant Chlorine Quartzite Commodity Trading Intermodal Transport Portfolio Management
Polyurethane Systems Non-ionic Surfactants Chlorine Downstream Products Silicon Metal Services Road Haulage Project Development
Alkylphenols Amphoteric Surfactants (Betaines) MCAA Rail Transport
Household and Industrial Cleaners, Detergents and Personal Care Products Phosphorus and Naphthalene Derivatives

The operational strategy of the PCC Group is geared to sustainable corporate investment and business development, with the primary priority of generating and growing enterprise value. As a growth-led investor predominantly aligned to the long term, the holding company PCC SE supports its affiliated businesses in their entrepreneurial development and in the expansion of their various specific strengths. The existing investment portfolio is subject to a regime of proactive
management and continual optimization. The Group’s development policy also focuses on the regular appraisal of further projects and acquisitions geared to both forward and backward integration. The aim is to diversify into new market segments in line with our expertise, while at the same time strengthening our raw materials base. By contrast, non-core activities are only developed to a certain level of market maturity with a view to then offering them for sale. The main objective remains the achievement over the long-term of further profitable growth for the PCC Group as a whole.

For the purpose of our financial communication, we pool our business activities within seven regions: Germany, Poland, Other EU Member States, Other Europe, USA, Asia, and Other Regions. In fiscal 2022, we generated 21.1 % (previous year: 20.3 %) of our sales with customers in Germany, with 34.3 % attributable to customers in Poland (previous year: 35.2 %) and 28.1 % to customers in other EU member states (previous year: 26.2 %). Including PCC SE, the consolidated financial statements of the PCC Group for 2022 cover a scope of 49 fully consolidated entities. There are three joint ventures accounted for using the equity method.