Grupa Azoty S.A. temporarily shuts down nitrogen fertilizer, caprolactam and polyamide 6 production units in consequence of record gas prices

22.08.2022

Due to record prices for natural gas, the main production feedstock used by Grupa Azoty S.A., on August 22nd 2022 the Company decided that as of August 23rd 2022 it will temporarily shut down its nitrogen fertilizer, caprolactam and polyamide 6 production units. As a consequence of Russia’s aggression against Ukraine, since February 24th 2022 natural gas prices on the European exchanges have been soaring to extraordinary, historically high levels. Over the past six months, gas prices surged from EUR 72/MWh on February 22nd 2022 to EUR 276/MWh on August 22nd 2022.

For more information:

Monika Darnobyt
Press Officer of the Grupa Azoty Group
##gotrocxz#at#vgjeppodin.rdb##
Phone: +48 785 780 005

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