Grupa Azoty plans Senegalese expansion
Senegal Minister of Mines and Energy Aly Ngouille Ndiaye visited Poland this week and met with the top executives from state-controlled chemical giant Grupa Azoty.
The Polish company already holds a majority stake in Senegalese firm African Investment Group, which holds a license for ilmenite sand deposits in the country and is thinking about expanding its operations in West Africa
“Our talks with the Senegalese officials are concrete and involve several potential areas of cooperation. Our priority is to increase our exploration there,” said Paweł Jarczewski, CEO of Azoty.
The company is also preparing an offer for the Senegalese government regarding providing analysis services and supporting local agriculture sector, which Grupa Azoty hopes will strengthen its position on the African fertilizers market.
ZCh Police plans to cut its phosphorite purchasing expenditures by about PLN 30 million in 2014. It also plans to start producing phosphoric acid in Senegal.
