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Grupa Azoty Police, Ultra Safe Nuclear Corporation and West Pomeranian University of Technology have signed agreement to develop 4th Generation MMR research reactor in Police
Grupa Azoty Police, the US-based Ultra Safe Nuclear Corporation (USNC) and the West Pomeranian University of Technology in Szczecin have signed an agreement to develop and construct a nuclear energy research facility based on Ultra Safe Nuclear’s Micro-Modular™ Reactor (MMR®) technology. Over the next six months, the parties will prepare a comprehensive research programme and will jointly develop a plan for the construction, operation and maintenance of the MMR.
29.03.2023
Polimery Police enters final phase, with first delivery of ethylene arriving at Offshore Gas Terminal
On Tuesday March 27th, the first shipment of ethylene was delivered under the Polimery Police project, arriving at the Offshore Gas Terminal in Police. The first 3,500 tonnes of the raw material were delivered to Grupa Azoty Polyolefins S.A. on board the Gaschem Rhone vessel. The company estimates its annual ethylene requirement at about 13,000 tonnes.
28.03.2023
Grupa Azoty Polyolefins selects Gryfilen® distributors for Europe
Grupa Azoty Polyolefins, the special purpose vehicle implementing the Polimery Police project, has selected distributors for its new product – polypropylene to be marketed under the name Gryfilen®. In Poland, the product will be distributed by Grupa Azoty Compounding.
22.03.2023
Grupa Azoty to considerably reduce prices of nitrogen and compound fertilizers
With effect from Friday March 17th, the Grupa Azoty Group will be charging significantly lower prices for nitrogen and compound fertilizers sold via its authorised distribution network, adjusting them to the current market situation.This is another price reduction this year after the one made in February 2023.
17.03.2023
Grupa Azoty Group publishes estimates of financial results for Q4 2022 and 2022
In the fourth quarter of 2022, the Grupa Azoty Group generated estimated consolidated revenue of PLN 5,107m and negative EBITDA of PLN -296m, with a negative EBITDA margin of -5.8%. For the full year, the Grupa Azoty Group generated estimated consolidated revenue of PLN 24,658m and EBITDA of PLN 2,545m, with an EBITDA margin of 10.3%.
17.03.2023
KGHM and Azoty Group hold talks on expanding cooperation
During discussions between the management boards of KGHM Polska Miedź and Grupa Azoty Group, the former's involvement in the expansion of the Police Sea Port and ongoing cooperation in sulphuric acid production were addressed. KGHM has shown interest in investment plots that are strategically located and expected to benefit from the planned expansion of port infrastructure. The plots offer an attractive investment opportunity.
15.03.2023
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