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Grupa Azoty calls for level playing field for EU and non-EU producers with regard to climate policy costs
Grupa Azoty, one of the leaders of the fertilizer and chemical industry, is taking active steps to transition towards zero- and low-emission technologies. For the green transition to be fully effective and possible, it is essential that EU and non-EU producers compete on an equal footing with regard to climate policy costs. If the carbon border adjustment mechanism (CBAM) prepared by the European Commission is to bring the expected effect, it is necessary to maintain free emission allowances. Otherwise, the position of non-EU companies that do not apply the same high environmental and climate protection standards will be strengthened. The most pressing requirements in this respect were put forward by Grupa Azoty during a meeting of the representatives of Fertilizers Europe with Frans Timmermans, Executive Vice President of the European Commission.
15.06.2021
Successful installation of tallest piece of equipment for Polimery Police plant
May 18th saw the mounting in place of a 96-metre-tall propane-propylene splitter. The operation required the use of one of the world’s largest ring cranes.
18.05.2021
Grupa Azoty with PLN 86m in net profit after Q1
After Q1 2021, the Grupa Azoty Group reported consolidated revenue of PLN 3,362m, an increase of PLN 258m relative to the same period of 2020. Despite higher average prices of most raw materials, including natural gas, EBITDA came in at PLN 405m. Net profit for the period amounted to PLN 86m and EBITDA margin was 12.0%.
13.05.2021
Changes in composition of Grupa Azoty Management Board
On May 13th 2021, the Supervisory Board of Grupa Azoty S.A. appointed Marek Wadowski to the Company's Management Board of the new 12th term of office as its Vice President, with effect as of May 18th 2021. The Supervisory Board also appointed Zbigniew Paprocki as Member of the Management Board, with effect as of May 18th 2021.
13.05.2021
Grupa Azoty becomes CEE’s first company to offer fully biodegradable plastics
Grupa Azoty S.A. has launched a pilot line for the production of thermoplastic starch, with a capacity of 300,000 per year. The company has also signed cooperation agreements with Polska Grupa Opakowaniowa Opakomet S.A. and the Forestry Research Institute, as well as a letter of intent with the State Forests National Forest Holding. The signing of the documents, confirming the high business potential of the solution, took place at the Grupa Azoty Research and Development Centre in Tarnów on May 11th 2021.
11.05.2021
The fourth 4-wheel drive edition of Grupa Azoty’s lottery ‘We Care for the Polish Land’ is now underway
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.
01.02.2021
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