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The validity period of the Stabilization Agreement between Grupa Azoty Polyolefins and Financial Institutions, originally dated December 15, 2023, and subsequently amended, concerning the financing of the Polimery Police project, has been extended from April 22, 2025, to May 20, 2025.
Grupa Azoty is expanding its portfolio of multinutrient fertilizers with the launch of MultiCorn NP (S) 14-34 (+23) enriched with zinc. Manufactured by Grupa Azoty Police, this advanced fertilizer is particularly recommended for maize cultivation due to its rich nutrient profile.
The PLN 320 million investment program carried out by Grupa Azoty Kędzierzyn since 2019 has been completed with the commissioning of a new peak-load backup boiler – the final of seven projects comprising the New Energy Concept.
Grupa Azoty S.A., on its own behalf and on behalf of selected companies from the Grupa Azoty Capital Group, has signed an annex to the Agreement dated February 2, 2024 (as amended) with the Financing Institutions. The term of the Agreement has been extended until May 15, 2025, provided that the relevant Financing Institutions confirm the extension by April 30 of this year.
The validity period of the Stabilization Agreement dated December 15, 2023 (as amended), between Grupa Azoty Polyolefins and the Financing Institutions concerning the financing of the Polimery Police project, has been extended from March 31, 2025, to April 22, 2025.
The deadline for the Agreement signed on January 16 this year between Orlen S.A. and Grupa Azoty S.A., Grupa Azoty Police S.A., and Grupa Azoty Polyolefins S.A. has been extended until May 12, 2025. This means Grupa Azoty and Orlen are continuing their cooperation to determine the terms and conditions for the potential transaction involving Orlen Group’s acquisition of all or part of Grupa Azoty Polyolefins shares held by Grupa Azoty, or exploring other forms of investment.