Locked content Grupa Azoty will pay dividend of PLN 1.25/shr

WSE-listed chemicals producer Grupa Azoty decided to distribute a dividend of PLN 1.25 per share for 2017. In total, it will pay PLN 124 million, the company said in a statement. Grupa Azoty net profit for 2017 amounted to PLN 354.8 million. The record date is set for July 25, and the dividend will ...

Locked content Grupa Azoty sees higher investments for 2014-2020

Poland’s largest chemicals maker Grupa Azoty will have significantly higher investment costs for 2014-2020 than the previously announced PLN 7 billion, said the company’s deputy CEO, Paweł Łapiński. By 2017 the state-controlled group already allocated around PLN 4 billion to investments. In 20...

Locked content Jagiellonian University and Grupa Azoty sign cooperation agreement

The Faculty of Chemistry at the Jagiellonian University in Kraków and Grupa Azoty, the largest Polish chemical corporation, have signed a cooperation agreement. It involves scientific and research cooperation in the field of chemical sciences, new materials and technologies as well as environmental ...

Locked content Grupa Azoty with PLN 1.6 bln CAPEX for 2018

Chemicals producer Grupa Azoty plans investment outlays of PLN 1.6 billion in 2018, deputy CEO Paweł Łapiński stated at a press briefing. Last year Grupa Azoty’s CAPEX came in PLN 1.069 billion, which was lower than the PLN 1.3 billion the company had planned, Łapiński added. Grupa Azoty is one of t...

Locked content Azoty Group net profit in 2017 at PLN 489 mln

Azoty Group net profit in 2017 was, according to the company’s estimates, PLN 489 million, and revenues reached PLN 9.617 billion, the company announced in a statement. The Azoty Group reported that EBITDA amounting to PLN 1.187 billion, while profit for non-recurring items amounted to PLN 1.2...

Locked content Police fail to secure refund on Senegalese assets on time

Police, a subsidiary of WSE-listed chemicals group Azoty did not secure payment and guarantees before the deadline from its former investment partner Senegalese DGG Eco, the company said in a market filing. Back in December, both sides have signed a conditional deal to reverse the purchase of Senega...

Locked content Azoty extends coal deal with Bogdanka till 2022

WSE-listed chemicals Grupa Azoty extended its coal supply deal with listed coal miner Bogdanka by a year to end-2022 and increased volumes for the 2019-21 period, Azoty said in a market filing. Updated terms place the estimated value of their deal at some PLN 1.34 billion, including PLN 577 million ...

Locked content Azoty file an offer for German Compo Expert

WSE-listed chemicals group Azoty has filed a non-binding offer to buy German fertilizer producer group Compo Expert, Azoty said in a market filing. Compo Expert is a global, specialty fertilizers. Its owner is a British XIO Group. “The product offer of Compo Expert would expand the product portfolio...

Locked content Police reverses the deal to buy Senegalese firm

Police, a subsidiary of WSE-listed chemicals group Azoty has signed a conditional deal to reverse the purchase of Senegalese phosphate firm Afrig. It will get back $28.85 million it initially paid for the asset, the company said in a market filing. The amount will be paid back in installments by end...