The combination of the potentials of the Group companies based in Tarnów, Puławy, Police and Kędzierzyn has not only helped to keep the key chemical plants in Polish hands, but has also generated numerous cost synergies. The consolidation process initiated seven years ago has yielded savings estimated at no less than PLN 710m.

Four key companies of the Grupa Azoty Group: Grupa Azoty S.A. of Tarnów, Grupa Azoty Police, Grupa Azoty Puławy and Grupa Azoty Kędzierzyn have signed a “Cooperation Agreement”. From now on, they are to work more closely in fertilizers trading and other areas.

On the initiative of Przemysław Czarnek, Governor of the Lublin Province, the Grupa Azoty Group, Poland’s leading chemical group, and the New Chemical Syntheses Institute of Puławy (INS), a renowned Polish research centre, have signed a letter of intent on close and regular cooperation. Group-wide coordination of R&D activities combined with new multidisciplinary projects will improve the Group’s chances of launching innovative solutions on an industrial scale. Fully unlocking the research potential of the Institute, a well-established research centre with over 50 years of presence in the Lublin Province, will also spur further development of the region and the Polish chemical industry at large.

On January 25th 2018, Grupa Azoty signed a long-term loan agreement with the European Investment Bank for up to EUR 145m, which will help it fund major capital investment projects and R&D activities.

On Thursday January 11th, at the headquarters of PDH Polska S.A., the following parties: PDH Polska S.A. and WR. Grace & Co, exchanged duly executed counterparts of an agreement on purchase of a polypropylene process technology licence and supply of polypropylene catalysts for the Polimery Police project. The agreement marks another important milestone in the implementation of Grupa Azoty’s largest investment project to date.