Azoty Police with record investment

ZCh Police, one of the companies included in  Azoty chemical group will develop a project valued at PLN 1.67 billion, the company informed. This is the largest investment of Grupa Azoty ever.

Locked content Azoty to be engaged in eco-incineration plant in Tarnów

An ecological waste incineration plant in Tarnów may be constructed on a plot owned by Grupa Azoty, the Polish Press Agency reported. According to Azoty’s spokesman Grzegorz Klik, the document does not predesignate the chemical group to make a financial contribution to the investment. Azoty ma...

Locked content Boryszew to sell one of its chemical businesses

Industrial group Boryszew is considering selling its plasticizers production segment, parkiet.com reported. Grupa Azoty is allegedly interested in the business. According to the daily, Azoty may be one of the bidders for the business which makes around PLN 80-100 million of revenue each year. Piotr ...

Locked content Azoty net profit plummeted in 2014

Poland’s largest chemical holding Grupa Azoty recorded a consolidated net profit of PLN 231.35 million in 2014, compared with PLN 676.95 million, the company announced in a statement. The company’s operating profit amounted to PLN 302.23 million, versus PLN 697.86 million in the previous year. Sales...

Locked content Azoty has beady eye on Africa

As Grupa Azoty and Grupa Lotos have postponed and actually abandoned their joint petrochemical project, Azoty has decided to focus on organic development and further expansion, the deputy CEO of the Puławy plant, Zenon Pokojski informed. Africa will be the market of the largest concern. “We ar...

Locked content Anwil and Azoty in one capital group?

Grupa Azoty, Poland’s largest chemical company and Anwil are to be consolidated in one capital group controlled by the state, according to anonymous sources cited by Dziennik Gazeta Prawna. The Ministry of the Treasury, which is to become the owner of the new group, Azoty and Orlen (Anwil̵...

Locked content Azoty mulls set-up of coal gasification power plant

Poland’s largest chemical holding Grupa Azoty is considering the construction of zero-emission coal gasification power plant, according to Rzeczpospolita daily . The newspaper informs that the investment would cost €1 billion. The government, which has been trying to increase domestic coal demand an...

Locked content Azoty and Lotos postpone their joint project

After an additional phase of a feasibility study on the construction of a new petrochemical complex was completed in December 2014, Grupa Azoty and Grupa Lotos have decided to postpone implementing their joint investment. “As the environment has been changing so dynamically, it is necessary to...

Locked content Azoty to save more than expected

Polish chemicals manufacturer Grupa Azoty expects to save 30 percent more than the PLN 300 million initially planned, Krzysztof Jałosiński, CEO of Azoty, informed. “Thanks to our Azoty Pro program, we have been expecting to save PLN 300 million in 2017. Today, however, we know that the final result ...

Locked content PKO BP and Azoty become strategic partners

Poland’s largest lender PKO BP signed an agreement on the strategic partnership with chemical company Azoty, Puls Biznesu daily reported. “This deal is a milestone, a signal through which we are communicating our plans to become a leading lender on the Polish market of produce and foodstuffs, ...