Locked content Grupa Azoty with PLN 72.7 mln profit

Poland’s largest chemical producer Grupa Azoty  generated a consolidated net profit of PLN 72.7 million in Q2 2014, higher than the PLN 52.5 million expected by analysts surveyed by the Polish Press Agency. The holding’s operating profit amounted to PLN 103.5 million compared to analysts’ expectatio...

Locked content Azoty to borrow funds for acquisitions

Poland’s fertilizer producer Grupa Azoty will try to acquire loans for acquisitions abroad. The company believes it can finance its takeover projects with PLN 2 billion in debt. The amount is equal to half of annual EBITDA for Grupa Azoty. Azoty are currently the second largest fertilizer prod...

Locked content Brazilian firm to buy polyamides from Azoty

Brazilian Comexport and Grupa Azoty signed a trade framework agreement, in which the Brazilian company agrees to purchase polyamides from Azoty, wnp.pl reported. The polymer is produced in Tarnów, a plant with capacity to produce at a rate of 80 thousand tons per year. We want to expand to Brazil, o...