Events and News
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19
04
2018
Grupa Azoty in 2017: higher revenue and EBITDA Plastics continue as drivers of improving performance
In 2017, Grupa Azoty’s revenue increased by over 7%, to PLN 9.6bn, while EBITDA came in at PLN 1.19bn – a 25% increase year on year. After adjusting the operating profit for one-offs disclosed in 2017, EBITDA margin almost equalled the historically best margin delivered in 2015, at 13.1%.
18
04
2018
We invite you to watch the transmission of the presentation of Grupa Azoty financial results for 2017.
27
02
2018
Grupa Azoty ZAK S.A. ceases ortho-phthalate plasticizers production. The Company’s long term strategy will be based on non-orthophthalate DEHT/DOTP (Oxoviflex®) and specialty plasticizers. Grupa Azoty ZAK S.A. is the largest producer of DEHT/DOTP in Europe.
12
02
2018
Four key companies of the Grupa Azoty Group: Grupa Azoty S.A. of Tarnów, Grupa Azoty Police, Grupa Azoty Puławy and Grupa Azoty Kędzierzyn have signed a “Cooperation Agreement”. From now on, they are to work more closely in fertilizers trading and other areas.
08
02
2018
On the initiative of Przemysław Czarnek, Governor of the Lublin Province, the Grupa Azoty Group, Poland’s leading chemical group, and the New Chemical Syntheses Institute of Puławy (INS), a renowned Polish research centre, have signed a letter of intent on close and regular cooperation. Group-wide coordination of R&D activities combined with new multidisciplinary projects will improve the Group’s chances of launching innovative solutions on an industrial scale. Fully unlocking the research potential of the Institute, a well-established research centre with over 50 years of presence in the Lublin Province, will also spur further development of the region and the Polish chemical industry at large.
25
01
2018
On January 25th 2018, Grupa Azoty signed a long-term loan agreement with the European Investment Bank for up to EUR 145m, which will help it fund major capital investment projects and R&D activities.
12
01
2018
On Thursday January 11th, at the headquarters of PDH Polska S.A., the following parties: PDH Polska S.A. and WR. Grace & Co, exchanged duly executed counterparts of an agreement on purchase of a polypropylene process technology licence and supply of polypropylene catalysts for the Polimery Police project. The agreement marks another important milestone in the implementation of Grupa Azoty’s largest investment project to date.
28
12
2017
On December 20th 2017, Grupa Azoty Police concluded with DGG ECO Sp. z o.o. a conditional agreement (settlement) which, once finalised, will confirm the withdrawal from the agreement made in 2013 to purchase the Senegalese company African Investment Group S.A. (AFRIG) and will enable Grupa Azoty Police to recover USD 28,850,000.00 paid towards the purchase price of AFRIG shares.
20
12
2017
The Management Board of PDH Polska S.A. has recommended, and the Supervisory Board has approved, a polypropylene process technology licence for the Police Polymers project. The winning bid was made by Grace Technologies, Inc., a W.R. Grace & Co.-Conn subsidiary. With the Management Board’s and the Supervisory Board’s approvals secured, the decision still requires approval from the Extraordinary General Meeting of PDH Polska S.A.
15
12
2017
Grupa Azoty S.A. has been present in the elite group of socially responsible companies listed in the Respect Index of the Warsaw Stock Exchange continuously from the very beginning of the project. The eleventh edition of the Index was announced at the WSE on December 14th 2017. Currently, the index includes 28 companies, of which three are listed in it for the first time.
07
12
2017
The Azoty Group has joined the declaration of partnership for the United Nations’ Sustainable Development Goals, on the initiative of the Ministry of Development as the institution responsible for the implementation of the Agenda in Poland. The ideas behind the 2030 Agenda have long been among the Grupa Azoty Group’s key concerns, which is why it is actively involved in the pursuit of the 17 Sustainable Development Goals.
06
12
2017
Today Grupa Azoty and CTL Logistics signed an agreement under which Grupa Azoty will take over certain special purpose vehicles, thus consolidating railway siding services in Kędzierzyn and Puławy. As of January 1st 2018, all companies managing railway sidings for Grupa Azoty will be included into its Group. The railway siding services will be consolidated by Grupa Azoty KOLTAR, while CTL Logistics will remain Grupa Azoty’s strategic partner in transport activities.
28
11
2017
Grupa Azoty S.A. has received an Acknowledgement Letter, Title and Cup for ‘Outstanding Exporter of the Year 2017’ from the Association of Polish Exporters. This has been the second distinction awarded to the company this year by the Association, after its Tarnamid®, that is Polyamide 6 in granular form produced in Tarnów, won the title of ‘Export Product of the Year 2017’.
17
11
2017
Grupa Azoty has launched the Idea4Azoty programme, a platform for exchanging highly innovative ideas. Regardless of their stage, submitted projects stand a chance of receiving full support – from subsidies of up to PLN 20m to infrastructure and consultancy services. The accelerator programme is the first initiative of this type on the Polish market. Its beneficiaries will include not only the chemical industry, but also providers of new technologies and services in such areas as environmental protection, agriculture, engineering and biotechnology. The programme was officially launched on November 17th 2017, during the second edition of the 590 Congress in Rzeszów.
16
11
2017
KGHM Polska Miedź S.A. and Grupa Azoty have signed a letter of intent for cooperation in research and development. It marks the beginning of synergy between the chemical and mining and metallurgy industries at a world-class level.
The cooperation agreement provides for development of technologies for physical, chemical and thermal processing of minerals. Both companies are international leaders in their industries.
16
11
2017
Grupa Azoty S.A. and Ursus S.A. have signed a letter of intent to cooperate in the joint development and implementation of efficient farming projects and the use of hydrogen as a source of energy for fuel cells powering electric motors. The companies will also work together on promoting and implementing educational projects.
10
11
2017
The last required corporate approval at the Grupa Azoty Group has just been secured for the Police Polymers project, namely approval from the General Meeting of PDH Polska S.A. This means the project has been green-lighted for further implementation, that is for signing of a contract to purchase a licence for polypropylene.
10
11
2017
The Grupa Azoty Group and the National Contact Point for the Horizon 2020 Programme have signed an agreement on close cooperation. The aim of the agreement is to increase the participation of the Grupa Azoty Group, partner companies and research institutions in the Horizon 2020 EU Framework Programme, to lend support in applying for grants, finding consortium partners and implementing projects, as well as in promoting the programme and the Group’s potential.
09
11
2017
In its consolidated financial statements for Q3 2017, the Grupa Azoty Group reported revenue of nearly PLN 2.2bn, up 10% year on year. With EBITDA of more than PLN 255m (up by nearly 77% y/y) and net profit above PLN 75m (PLN 5m for Q3 2016), the Group has a positive view on its performance in Q3 2017.
20
10
2017
Grupa Azoty S.A. was recognised in the Best Annual Report 2016 awards programme, organised by the Institute of Accountancy and Taxes. The Company’s annual report, containing useful information presented in a user-friendly manner, was distinguished for its highest value for shareholders and investors. The judging panel highly rated the standard of presentation of Grupa Azoty’s strategy contained in the annual report, and its report on compliance with the Code of Best Practice for WSE Listed Companies was considered exemplary.
20
10
2017
Wojciech Wardacki, President of the Management Board of Grupa Azoty S.A., has been awarded the ‘Amber of the Polish Economy 2017’ for his consistent and successful efforts to build the image of the Polish chemical sector as safe, innovative and environmentally-friendly. The award winner was selected by the Programme Board of the European Business Centre during the 3rd Polish Economic Summit 2017 held in Siedlce.
09
10
2017
The 2017 Employee Day, held under the honorary patronage of President of the Republic of Poland Andrzej Duda, was an exceptional one.
25
09
2017
Polyamide Plant II [Wytwórnia Poliamidów II] is the official name of the facility producing Polyamide 6, one of the world’s most widely used engineering plastics. The opening ceremony took place on Monday, September 25th, on Grupa Azoty S.A. site in Tarnów. The plant was opened by Prime Minister Beata Szydło and dr Wojciech Wardacki, President of Grupa Azoty Management Board.
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08
2017
In its consolidated financial statements for the first half of 2017, the Grupa Azoty Group reported revenue of PLN 4.87bn (up 5% y/y), with EBITDA in excess of PLN 714m (up by close to 3% y/y) and net profit at PLN 378m (up 7% y/y). The improvement in performance continued to be driven by the Plastics segment, which together with the Pigments segment entirely offset the trends affecting the gas-reliant segments.
23
08
2017
Today, a cornerstone laying ceremony officially marked the start of construction of Grupa Azoty S.A.’s new Research and Development Centre in Tarnów. The project will allow Grupa Azoty to expand its own research activities as part of the Group’s R&D efforts, and is consistent with the Group’s strategy to generate and implement innovation. It will also improve the competitiveness of Grupa Azoty’s products. Special guests who attended the ceremony included Jarosław Gowin, Deputy Prime Minister and Minister of Science and Higher Education, and Jadwiga Emilewicz, Under-secretary of State at the Ministry of Development.
27
07
2017
We are pleased to announce that following a series of successful external audits carried out by DNV GL Business Assurance Poland Sp. z o.o., an accredited certification provider, Grupa Azoty S.A. has obtained Management Systems Certificates confirming its compliance with the requirements of the amended standards ISO 9001:2015 and ISO 14001:2015.
26
07
2017
After a series of audits carried out in 2017 by certification body DNV-GL, the Grupa Azoty Group companies, which are members of Fertilizers Europe, have been awarded certificates in Product Stewardship for best practices in the management of the fertilizer life cycle.
05
07
2017
Grupa Azoty S.A. received an Acknowledgement Letter and Cup of the Leader of Polish Export, awarded by the Association of Polish Exporters.
20
06
2017
On the 20th of June The Company’s Supervisory Board has made change to the composition of the Company’s Management Board.
21
06
2017
On June 21st 2017, Grupa Azoty S.A. and its subsidiaries entered into gas supply contracts with Polskie Górnictwo Naftowe i Gazownictwo S.A.
08
06
2017
Grupa Azoty is the Main Partner of the 4th Polish Chemical Industry Congress held by the Polish Chamber of Chemical Industry at the Cultural and Congress Centre Jordanki in Toruń, Poland, on June 7th and June 8th.
31
05
2017
Grupa Azoty is engaged in supporting the promotion of a DNA lab-on-a-chip project developed by NEXBIO Sp. z o.o., a start-up based in Lublin.
29
05
2017
Grupa Azoty invites to the 21st edition of WallStreet Conference in Karpacz. The meeting is organized by the Polish Asociation of Retail Investors.
22
05
2017
Grupa Azoty will be presenting two of its production segments − plastics and OXO − at the 21st International Fair of Plastics and Rubber Processing PLASTPOL, taking place in Kielce from May 23rd to May 26th. Visitors to its exhibition stand will also
have an opportunity to meet some of the athletes competing under the Grupa Azoty banner.
11
05
2017
In the first quarter of 2017, the Grupa Azoty Group recorded consolidated revenue of PLN 2.69bn, up over PLN 200m (9%) year on year, with EBITDA in excess of PLN 447m and net profit of PLN 250m. The Company also updated the 2013–2020 strategy.
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04
2017
In 2016, the Grupa Azoty Group earned revenue of nearly PLN 9bn, reporting EBITDA of more than PLN 1bn with EBITDA margin of 11.2%, and net profit of PLN 375m with net profit margin of 4.2%.
20
04
2017
Grupa Azoty has joined forces with TAURON on a project to construct a coal gasification unit for chemical production. A letter of intent was signed by the parties in Warsaw on April 20th 2017.
21
03
2017
On March 16th 2017, Grupa Azoty S.A. and Grupa Azoty Police published their estimated key consolidated financial results for 2016.
27
02
2017
Tuesday, February 28th 2016, saw an official handover of laboratory equipment to the Technical School Complex of Tarnów-Mościce. The event marked the end of the process of Grupa Azoty setting up a laboratory for the school, where chemical technology students
will be improving their skills in order to join the Tarnów workforce of Grupa Azoty in the future.
05
02
2017
On February 3rd 2016, vacancies were filled and changes made in the Presidium of the Polish Chamber of Chemical Industry. Wojciech Wardacki, President of the Management Boards of Grupa Azoty S.A. and Grupa Azoty Police, was appointed new Chairman of the
Board.
04
02
2017
For the sixth time, the Catalysts Business Unit of Grupa Azoty S.A. will take part as an exhibitor at the international ‘Nitrogen&Syngas’ conference, this year held from February 27th to March 2nd in London.
23
11
2016
Air Products and Grupa Azoty ZAK sign new contract for the supply of industrial gases
On November 23rd, Air Products, one of the largest suppliers of industrial gases in Poland, and Grupa Azoty Zakłady Azotowe Kędzierzyn S.A. of the Grupa Azoty Group, the second largest manufacturer of mineral fertilizers in the European
Union, signed a long-term oxygen and nitrogen supply contract. Valid until the end of 2035, the contract is a continuation of the companies’ cooperation, dating back to 1997. By signing the contract, Air Products strengthens
its position of a leading supplier of industrial gases for the key branches of Polish industry.
16
11
2016
The Process Dynamics and Control Laboratory opened at the Faculty of Chemical Technology and Engineering is an effect of cooperation between the West Pomeranian University of Technology (ZUT) in Szczecin and Grupa Azoty Zakłady Chemiczne
Police S.A. The cost of the laboratory equipment was EUR 70 thousand.
The facility was created to address the need to educate students in the field of olefin production processes. It will also be used to improve employee qualifications, mainly of PDH Polska S.A., a special purpose vehicle of Grupa
Azoty Police, established to construct a propane dehydrogenation (PDH) unit.
10
11
2016
At 2:00 pm on Monday November 14th 2016...
09
11
2016
For 2016 YTD, Grupa Azoty posted revenue of PLN 6.6b...
09
11
2016
The Grupa Azoty Group has published its 2015 integrated report, prepared in conformity with the best market standards.
28
10
2016
Yesterday’s Forum organised to celebrate President of Senegal Macky Sall’s official visit to Poland was an opportunity to hold talks with representatives of both the Senegalese government and business. For several years now, Grupa
Azoty has been investing in phosphate and ilmenite deposits in Senegal.
20
10
2016
Mariusz Bober, President of the Management Board of Grupa Azoty S.A., met today with the Senegalese ambassador, His Excellency Amadou DABO...
04
10
2016
On October 4th 2016 in Police, Grupa Azoty S.A. signed a letter of intent with its subsidiary Grupa Azoty Zakłady Chemiczne Police S.A. on equity participation in a project involving the construction of a PDH unit. The
signing ceremony was attended by the Polish President Andrzej Duda.
20
09
2016
On September 20th 2016, the Management Board of Grupa Azoty S.A. and Powszechna Kasa Oszczędności Bank Polski signed an amendment to a loan facility agreement.
15
09
2016
Social sensitivity and promoting the inclusion of the disabled in various spheres of life were the merits that earned Grupa Azoty S.A. the third place in this year’s Icebreaker competition.
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