Grupa Azoty S.A., Grupa Azoty Zakłady Chemiczne Police S.A., Grupa Azoty Polyolefins S.A. and Port Morski Police Sp. z o.o., as the initiators of the West Pomeranian Hydrogen Valley, are collaborating on activities focused on establishing and developing a hydrogen economy, particularly in the Province of Szczecin. The signatories are committed to creating favourable conditions for businesses involved in advancing a hydrogen economy and hydrogen-supported energy optimisation in the region. As part of the West Pomeranian Hydrogen Valley project, the unique Hydrogen Academy project has been established as a joint venture between the West Pomeranian University of Technology in Szczecin and Grupa Azoty Police.

The estimated production volumes for December 2023 released by the Grupa Azoty Group indicate that nitrogen fertilizer production at Group companies will be nearly the same as in November, with estimated volumes for December at 281 thousand tonnes compared to 282 thousand tonnes for November. OXO production also remains relatively stable, with an estimated 11 thousand tonnes in December compared to 13 thousand tonnes in November.

In this year’s edition of the ranking, prepared by Coface – the leading business intelligence group in the CEE region – Grupa Azoty has climbed three places to the 37th position. Since 2021, Grupa Azoty has climbed 19 positions.

Grupa Azoty S.A. has received state aid under the ‘Aid to energy-intensive industries related to natural gas and electricity prices in 2023’ programme administered by the National Fund for Environmental Protection and Water Management. The amount of the financial support granted to Grupa Azoty S.A. is PLN 12m, with compensation for the Grupa Azoty Group companies totalling PLN 173m.

Regarding the article titled “Miały być kryształy, jest klops” (“How crystals have turned into abject failure”) published by the Gazeta Wyborcza daily on December 18th 2023, we would like to clarify and correct certain aspects that were falsely represented in the publication concerning a facility construction project executed for Grupa Azoty.

Under the agreement, the parties have agreed upon additional terms and conditions for the provision of financing by the financial institutions to support the implementation of the Polimery Police project. The agreement is related to the existing agreement for the financing of the project and will remain in effect until February 28th 2024.