Grupa Azoty, a leader of the fertilizer and chemical industry in Europe and the largest hydrogen producer in Poland, is among the signatories of a letter of intent to build the Lower Silesian Hydrogen Valley.
In the three months to June 30th 2021, the Grupa Azoty Group posted a net profit of PLN 168m, an increase of PLN 111m on the same quarter of 2020. In the second quarter of 2021, the Group’s consolidated revenue was PLN 3,173m, up PLN 904m year on year. EBITDA amounted to PLN 361m (up PLN 46m year on year), with EBITDA margin at 11.4% (down 2.5pp year on year).
Assembly of 60 storage silos- one of the most demanding logistics operations at the Polimery Police complex has been completed. The operation lasted 3 weeks – daily, 6 silos were installed.
The Supervisory Board of Grupa Azoty Polyolefins S.A. selected a new board member - Paweł Bakun.
Since the very onset of the pandemic, the Grupa Azoty Group has been actively involved in supporting various institutions combating COVID-19. Already in mid-March 2020, the management and supervisory boards of each of the Group’s key companies decided to donate PLN 750 thousand (per company) for that purpose.
The assembly of the roof on the first propane tank has been completed. A lift weighing 290 tons, was lifted by forcing air under the dome with a slight overpressure of +0.02 bar. For safety reasons, the maximum speed of lifting the roof was 30 cm per minute.