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EBRD loan supports foray of Poland’s Grupa Azoty into new technology

21:03

EBRD loan supports foray of Poland’s Grupa Azoty into new technology
Source: EBRD (photo by Mike Ellis)

WSE-listed leading Polish chemical producer Grupa Azoty is taking a huge step in its development through the introduction of new technology and a new production line with support from the European Bank for Reconstruction and Development (EBRD).

The EBRD will provide a multicurrency loan for the equivalent of up to €125 million for the construction and operation of a fully integrated propane dehydrogenation unit and a polypropylene unit to produce propylene and polypropylene.

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