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Polimery Police: Grupa Azoty Polyolefins continues to ramp up polypropylene production – reaching 200,000 tons

As of October 23, 2024, Grupa Azoty Polyolefins has produced a total of 200,000 tons of polypropylene. This production milestone was achieved during the testing phase to validate guaranteed parameters at the Polimery Police facility. Polypropylene produced at the newly constructed installations of the Polimery Police Project is available for both direct sales and distribution. Following the conditional interim acceptance of the PP installation and the Terminal Unloading and Storage subproject in July, the Company has full control over its production portfolio, which is being continuously adapted to market conditions.

23.10.2024
Changes to the management board of Grupa Azoty Polyolefins

The Supervisory Board of Grupa Azoty Polyolefins has passed a resolution to remove Wojciech Blew, Acting President of the Company, from the Management Board, effective October 20. The Supervisory Board also resolved to delegate Krzysztof Kołodziejczyk, a Member of the Supervisory Board of Grupa Azoty Polyolefins and Vice President of the Management Board of Grupa Azoty S.A., to temporarily perform the duties of President of the Management Board of Grupa Azoty Polyolefins. This delegation will last until a candidate is selected through the qualification process, but no longer than three months from the resolution's effective date, October 21.

21.10.2024
Grupa Azoty integrates companies providing business support services

The Management Board of Grupa Azoty has adopted a resolution to integrate companies within its Capital Group that provide business support services, including investment preparation and maintenance. Work is currently underway to finalize the integration schedule and the target organizational model. By the end of November, a dedicated project team will develop an organizational and ownership structure designed to deliver the anticipated business and financial benefits of the integration. This initiative is a key element of the restructuring process aimed at achieving significant cost optimizations.

16.10.2024
Grupa Azoty S.A. signs annex to agreement with financial institutions

Grupa Azoty S.A. has signed, on behalf of itself and selected subsidiaries of the Grupa Azoty Capital Group, an annex to the Agreement dated February 2, 2024, as amended. The Agreement’s validity period has been extended until 29 November 2024.

11.10.2024
Provincial Tactical Exercises Held at Grupa Azoty S.A.

On October 9, Grupa Azoty S.A. hosted provincial tactical exercises, code-named "AZOTY 2024," on its premises. The exercise aimed to familiarize all participants with fire safety conditions and potential operational challenges at a high-risk industrial site, while enhancing their emergency response skills in such facilities.

10.10.2024
Grupa Azoty Polyolefins and Financial Institutions Extend Financing for the Polimery Police Project

Following discussions and negotiations with banks, Grupa Azoty Polyolefins has signed an Amendment to the Stabilization Agreement dated December 15, 2023, related to the financing of the Polimery Police project. This agreement, which extends financing terms until October 31, was signed with 15 financial institutions.

01.10.2024
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