Locked content PGNiG to supply Azoty with a natural gas for PLN 3.3 billion

State-owned natural gas group PGNiG has signed a framework agreement and some individual agreements for 4.5 billion cubic meters of natural gas provisions to Grupa Azoty chemicals, the two companies said in market filings. The estimated value of the agreement is PLN 3.3 billion. The framework deal w...

Locked content Azoty becomes main fertilizer supplier in the Czech Republic

Grupa Azoty Puławy and Grupa Azoty Kędzierzyn have signed a PLN 80 million contract with the Czech company Agro CS for the supply and distribution of RSM (liquid fertilizer) on the Czech Republic market. This agreement makes Azoty Puławy & Kędzierzyn the key suppliers of liquid urea-ammonium nit...

Locked content Azoty names new CEO

State-controlled chemical company Azoty has dismissed Adam Leszkiewicz and appointed Mateusz Gramza as the new CEO of the company, Azoty said in a market filing late on Wednesday. Besides the CEO, the supervisory board decided to replace two deputy-chairmen. Those posts are now held by Adam Gąsiorow...

Locked content Azoty to invest more than PLN 300 mln

Grupa Azoty ZAK SA will invest PLN 380 million this year, the company reported. Azoty will spend nearly half of the amount (PLN 170 million) on the construction of a new electric and heating plant which will be this year’s “flagship” project. Last year, the company spent PLN 263 mi...

Locked content PGNiG and Azoty to merge – press

The Ministry of the State Treasury is considering a merger of state-run gas and oil company PGNiG with the country’s largest chemicals producer Grupa Azoty, according to Rzeczpospolita daily. “This is one of the options to choose from, no decision has yet been made. There are a few ideas...

Locked content Azoty Police orders potassium salt from Latvian company

ZCh Police included in Polish chemical giant Grupa Azoty will purchase potassium salt from Latvia’s Uralkaki Trading for PLN 288 million, a company press release read. The contract will be carried out from January 4, 2016 untill the end of this year. The order will be delivered in tranches amo...

Locked content ZCh Police lands PLN 600 mln deals

Grupa Azoty Zakłady Chemiczne Police (ZCh Police) has signed a contracts with Czech Hokr and German Witt Handel GmbH  regarding the sale of fertilizers valued in total at some PLN 606 million, the company reported. The deal with the German partner is worth PLN 480.8 million, and the contract with th...

Locked content Azoty’s net profits much higher than expected

Polish chemical giant, Grupa Azoty has recorded nearly double net profits in the third quarter of the year, than the market consensus, the company reported. Azoty’s net profits amounted to PLN 73.59 million, whereas market expectations stood at PLN 37.53 million. In the corresponding period la...

Locked content Azoty to invest in Polish blue laser?

Top-Gan, the inventor of so called Polish blue laser has been looking for an investor, according to Puls Biznesu daily, Poland’s largest chemical group, Grupa Azoty is interested. Top-Gan did not want to disclose any details about the process of attracting possible investors, but it informed t...

Azoty to build coal gasification plant

Poland’s largest chemical holding Grupa Azoty has given initial approval to build in Kędzierzyn Koźle, a PLN 2.4 billion zero-emission coal gasification plant, which would help boost local demand for coal by 1 million metric tons a year, the media reported.