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The Synthos Group and Grupa Azoty Zakłady Azotowe Chorzów have executed two trade contracts for cooperation in the area of oleochemicals and fertilizers.
The contracts mark the beginning of close business relations between the two largest chemical groups in Poland. Under the first contract, stearic acid, a key compound used in the production of synthetic rubber, will be supplied by ZA Chorzów to Synthos Group companies. “We have agreed the detailed terms and conditions of deliveries to Kralupy in the Czech Republic and Dwory near Oświęcim,” says Marian Rybak, President of Grupa Azoty Puławy, which is the parent of ZA Chorzów. “We are pleased that our product, coming from the only stearic acid unit in Poland, will be used by the largest manufacturer of synthetic rubber in Europe,” Mr Rybak adds. The second contract is for sales of fertilizer-grade magnesium sulfate heptahydrate from the newly launched Synthos unit to ZA Chorzów. “I am convinced that the business cooperation between Synthos and the Grupa Azoty Group will be mutually beneficial. Grupa Azoty has immense expertise and a long track record in fertilizer distribution, which we would like to leverage in exchange for a product which meets the highest quality standards,” says Tomasz Kalwat, President of the Synthos Group.