50% of material progress was achieved by the largest investment of the Polish chemical industry - the "Polimery Police" project.

On February 25th 2015, Grupa Azoty Polyolefins S.A. received a confirmation from Bank Pekao S.A., acting as the Facility Agent, that the conditions precedent under the Credit Facilities Agreement had been fulfilled. As a result, Grupa Azoty Polyolefins S.A. may now, subject to specific conditions for the first drawdown on each Facility and additional conditions for each disbursement, which do not differ from standard terms and conditions applicable to similar financing arrangements, apply for disbursement of funds under the Credit Facilities to finance the Polimery Police project. Thus, the last stage of the process to raise debt financing for the project has been successfully completed.

Between the late hours of Monday and early hours of Tuesday, a 96-metre-tall propane-propylene splitter was safely transported to the construction site of the Polimery Police plant. The logistic operation was successfully completed after almost four hours, marking the achievement of a key project milestone.

The Grupa Azoty Group is launching the Fosfarm product line – modern and environmentally-friendly NPK fertilizers providing an ample and efficient source of soil nutrients. The new line developed by the Grupa Azoty Group’s Gdańsk-based company is another step taken by the Group towards achieving the goals of the European Green Deal.

The Polimery Police project has entered a key construction phase as regular deliveries of large equipment needed to start up the project units commenced on January 17th. One such piece of equipment is a tank that will store propylene obtained through propane dehydrogenation. Preparations are also under way to receive the largest appliance, which is a propane-propylene splitter with a total weight of over 890 tonnes.

The grand prize is a John Deere 5058E tractor, and in addition every day participants can win up to four prizes of PLN 1,000 each.