Azoty approves building coal gasification plant

Poland's largest chemical holding Grupa Azoty has given initial approval to a PLN 2.4 billion scheme to construct a zero-emission coal gasification plant, which would help boost local demand for coal by 1 million tonnes a year, Reuters reported citing the company. Azoty informed it would make the final decision on the investment in Kędzierzyn Koźle in the first quarter of next year, after it completes a feasibility study and concludes talks with potential partners.

The Polish government has already approved the plan for Grupa Azoty to develop the coal gasification project valued at between PLN 1.8 billion  to 4.2 billion.

WSE-listed Grupa Azoty, Puławy-based company specializes in the production of mono-volumes of nitrogen fertilizer and one of the world's largest producers of melamine.