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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.
Due to record prices for gas, the main production feedstock of Grupa Azoty Puławy, the Puławy-based company of the Grupa Azoty Group has decided to temporarily scale down production at further 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. Gas prices over the past six months have nearly quadrupled, having surged from EUR 72/MWh on February 22nd 2022 to EUR 276/MWh on August 22nd 2022.
Grupa Azoty ZAK S.A. of the Grupa Azoty Group has put in operation a 1 MW solar PV system with power evacuation. The purpose of the investment, which aligns with the ongoing strategic corporate project “Green Azoty”, is to optimise the management of the daily electricity balance using a renewable energy source.
The new Tarfuse® rPLA line comprises filaments made from granules that are 100% industrial recyclate derived from residual waste recycling. The new line is Grupa Azoty’s response to eco-friendly expectations of 3D printing users.
On Tuesday, July 26th 2022, Grupa Azoty ZAK of Kędzierzyn-Koźle signed a contract with the general contractor for its Alternative Fuels Laboratory. The project is part of implementing the Grupa Azoty Group’s Strategy 2021–2030, including the Green Azoty programme.
Dr Grzegorz Kądzielawski, Vice President of the Management Board of Grupa Azoty S.A., has been elected by the General Assembly of Fertilizers Europe, an association of Europe’s largest fertilizer companies, as its Vice President for the next term from 2022 to 2024. It is the second term in a row dr Grzegorz Kądzielawski has been appointed Vice President of Fertilizers Europe.