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Grupa Azoty has published estimated production volumes for March 2024. According to the published data, nitrogen fertilizer production in the Capital Group companies increased compared to February, with estimated volumes for March at 292,000 tons compared to 252,000 tons in February. Production levels also increased for specialty fertilizers, with estimated production levels in March at 32,000 tons compared to 26,000 tons in February. However, for multi-component fertilizers, production in March reached an estimated 51,000 tons compared to 57,000 tons in February.
In the areas of urea, OXO products, and polyamide, Grupa Azoty recorded increases in estimated production volumes:
Estimated production of pigments remained unchanged at 2,000 tons.
A slight rebound in estimated production volumes for March indicates that we are on the right track with our sales optimization efforts. However, there is still a lot to be done as the market for our products is extremely demanding, and we are working intensively on specific solutions that will allow us to achieve satisfactory production levels, said Adam Leszkiewicz, President of the Management Board of Grupa Azoty S.A.
Estimated
production data for March is available at Grupa Azoty Investor Relations under the title "March 2024 Report."