Grupa Azoty with PLN 1.6 bln CAPEX for 2018

Chemicals producer Grupa Azoty plans investment outlays of PLN 1.6 billion in 2018, deputy CEO Paweł Łapiński stated at a press briefing. Last year Grupa Azoty’s CAPEX came in PLN 1.069 billion, which was lower than the PLN 1.3 billion the company had planned, Łapiński added. Grupa Azoty is one of the leading players on the European fertilizer and chemical markets. The Group comprises a number of entities, including: Grupa Azoty S.A. (the Parent, based in Tarnów), Grupa Azoty Zakłady Azotowe Puławy S.A, Grupa Azoty Zakłady Chemiczne Police S.A., and Grupa Azoty Zakłady Azotowe Kędzierzyn S.A. The Company has been listed on the Warsaw Stock Exchange since June 30, 2008.