A newly signed Letter of Intent marks the first step for both parties to negotiate the finer points of a potential agreement. Should a deal be reached, deliveries would be facilitated via a dedicated procurement platform set to include a select group of European gas buyers and designated U.S. gas producers.
On January 20, 2025, the Supervisory Board of Grupa Azoty Polyolefins S.A. adopted a resolution changing the composition of the Company’s Management Board. Effective January 21, 2025, the Supervisory Board appointed Mr. Krzysztof Kołodziejczyk as President of the Management Board of Grupa Azoty Polyolefins S.A. for the third joint three-year term. Since October 21, 2024, Mr. Kołodziejczyk had been serving as Acting President of the Management Board, delegated from his role as a Member of the Supervisory Board.
Azoty Group has signed a contract with Ukraine's Agroprosperis Group for the supply of NPK fertilisers. Azoty Group's new contractor is the largest producer and exporter of agricultural crops with the foreign investments in the Black Sea region. The first delivery of fertilisers was made in December, with further deliveries planned for January this year.