Grupa Azoty launches construction of factory

Poland’s largest chemical holding Grupa Azoty has signed an agreement with Uhde Inventa-Fischer on the construction of a new polyamide production unit in Tarnów, southern Poland. The total value of the investment is PLN 320 million. The construction is scheduled to be completed in December 2016. The plant will have a production capacity of 80,000 metric tons of polyamide annually. The new production unit is expected to boost the group’s production capacity of products based on polyamide. It should also help the company shift its export focus from Asia to Europe, the statement said.