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Grupa Azoty S.A. (Tarnów)
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In view of stabilising gas prices on European market in January, Grupa Azoty updates its price lists for fertilizer products
Given a stabilisation of natural gas prices on the European market seen in January, despite strong year-on-year increases in the prices of other fertilizer production inputs, including electricity, coal, phosphate rock and potassium chloride, the Grupa Azoty Group has decided to lower its prices of fertilizer products with effect from February 1st 2023.
31.01.2023
Grupa Azoty on current situation in fertilizers market
Among other factors, the products we offer are priced based on current analyses and detailed calculations of total production costs, which are still subject to significant market fluctuations. In addition to volatile gas prices, fertilizer production costs are being largely driven by other factors as well, including major year-on-year increases in prices of electricity, coal, phosphate rock and potassium chloride.
28.01.2023
Another concentrated nitric acid unit commissioned by Grupa Azoty in Tarnów
Grupa Azoty has launched a new facility for the production of concentrated nitric acid with a design output of 40,000 tonnes per year, doubling its existing capacity. This is a second production line for above 98 per cent concentrated nitric acid now operating in Tarnów. It has brought the Tarnów plant’s total annual capacity for that product to 80,000 tonnes. As Grupa Azoty is the only Polish producer of concentrated nitric acid, the project is key to ensuring supplies of input materials for the manufacture of fine chemicals.
24.01.2023
Changes in composition of Grupa Azoty and Grupa Azoty Puławy Management Boards
At its meeting held on January 16th 2023, the Supervisory Board of Grupa Azoty S.A. passed a resolution to remove from the Management Board of Grupa Azoty S.A. one of its Vice Presidents Mr Tomasz Hryniewicz. The resolution came into effect upon its adoption. At the same time, Grupa Azoty Puławy S.A. accepted a statement of resignation by Mr Tomasz Hryniewicz from the position of President of the Management Board and from membership of the Management Board of Grupa Azoty Puławy S.A., effective January 16th 2023.
17.01.2023
Grupa Azoty’s new investment in Tarnów
Grupa Azoty has opened a new fertilizer storage facility in Tarnów. The new complex has a total storage capacity of about 6,650 tonnes of fertilizer. The project is a response to growing customer expectations regarding fertilizer availability. It also marks a step towards increasing the number and efficiency of loading operations. The project cost more than PLN 14.5m.
03.01.2023
Grupa Azoty defines term sheet for purchase of 100% of shares in Solarfarm Brzezinka
In accordance with the key terms and conditions defined for the purchase (the “Term Sheet”), the transaction would be carried out by Grupa Azoty S.A.’s entering into a preliminary conditional share purchase agreement to acquire in the future 100% of shares in Solarfarm’s share capital, followed by the purchase of the shares under a share purchase agreement in the first half of 2024 by Grupa Azoty S.A. or another company of its Group provided that technical conditions are adjusted and building permits for the construction of a power plant are obtained.
23.12.2022
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