Grupa Azoty S.A., Grupa Azoty Zakłady Chemiczne Police, Grupa Azoty Polyolefins and the Police Seaport were among the signatories of a letter of intent to build the West Pomeranian Hydrogen Valley. The companies expressed their intent to forge a partnership and take steps to build and advance a hydrogen economy, with a particular focus on the Province of Szczecin. This marks another initiative supporting the development of a hydrogen economy the Grupa Azoty Group has engaged in as one of the leading fertilizer and chemical companies in Europe and the largest hydrogen producer in Poland.
The conclusion of up to fifty agreements for a total amount of up to PLN 500,000 is the main objective of the Grupa Azoty START Programme, under which companies of the Grupa Azoty Group are to engage with schools or sports institutions to support them in the provision of training for children and teenagers aged 5 to 19.
In the third quarter of 2022, the Grupa Azoty Group’s financial results were driven primarily by the impacts of Russia’s military aggression against Ukraine and an unprecedented rise in prices of natural gas as the key feedstock used in fertilizer production. These factors led to a temporary curtailment in production on some of the Grupa Azoty Group companies’ units in Tarnów, Puławy and Kędzierzyn-Koźle.
After market conditions changed and a decision was made to resume production at Grupa Azoty S.A. in Tarnów and Grupa Azoty Puławy, the Group has offered its customers new, much lower prices of nitrogen fertilizers.
EIC Procurers Days with Grupa Azoty, an event organised by the European Innovation Council for Grupa Azoty, was held on October 12th and October 13th. During the two-day event, representatives of Grupa Azoty met with European companies offering innovative solutions with the potential for implementation by the Company.
The group of projects selected for funding by the European Union includes one submitted by the Police port, which is part of the Grupa Azoty Group. The project ‘Strengthening of the comprehensive network by increasing the accessibility and efficiency of the port in Police’ includes the construction of a railway node with the necessary technical infrastructure as part of the construction of railway line No. 437 to the Police seaport. The planned work will improve the port’s accessibility from the shore and sea and will increase its handling capacity. The development of the port will increase the potential of the Grupa Azoty Group, including its largest investment project Polimery Police.