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.

Locked content ZA Puławy to buy natural gas from RWE

Grupa Azoty Zakłady Azotowe Puławy (ZA Puławy) signed a contract with RWE Supply & Trading for a supply of methane-rich natural gas starting on October 1 and ending on September 30, 2016, ISBnews reported. The estimated value of the deal stands at PLN 170 million. ZA Puławy’s annual demand...

Locked content Azoty joins British Chatham House as first CEE firm

Poland’s largest chemical producer Grupa Azoty has joined London-based think tank Chatham House, as the first Central East European firm among the other 300 members, a company press release read. The membership in the organization will allow Azoty to “establish new business ties and incr...

Locked content PGNiG to deliver gas to ZCh Police for PLN 160 mln

WSE-listed Grupa Azoty ZCh Police has signed a deal with a subsidiary of PGNiG regarding gas supplies valued at some PLN 160 million, the company informed. The contract states the sale of fuel in the period between October 1, 2015 to September 30, 2016. Throughout the last 12 months the total value ...

Locked content Grupa Azoty profit at PLN 126.6 mln

Poland’s largest chemical producer Grupa Azoty  generated a consolidated net profit of PLN 126.6 million in Q2 2015, versus PLN 75.57 million in Q2 2014. The holding’s operating profit amounted to PLN 172.25 million compared with PLN 108.94 million in Q2 2014. Consolidated revenue came in at PLN 2.2...

Locked content KGHM, PGE and Azoty want to rescue Polish mining

Three of Poland’s blue-chip firms, copper miner KGHM Polska Miedź, power company PGE, and chemicals producer Grupa Azoty, have approached Polish Investments for Development (Polskie Inwestycje Rozwojowe) offering money and assets to repurchase Polish mines, Reuters reported. According to the a...