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Grupa Kapitałowa Grupa Azoty
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Azoty Group has signed a contract with Ukraine's Agroprosperis Group for the supply of NPK fertilisers. Azoty Group's new contractor is the largest producer and exporter of agricultural crops with the foreign investments in the Black Sea region. The first delivery of fertilisers was made in December, with further deliveries planned for January this year.
Historic potash unloading at the Police Seaport
In early December of last year, a single shipment of more than 20,000 tons of potash arrived from Canada for Grupa Azoty Police. The unloading took place at the Seaport, which typically handles phosphorites. Purchasing such a large volume of potash—taking advantage of economies of scale—resulted in significant cost savings. This successful logistics operation at the Seaport has also created opportunities to diversify supply routes for this essential fertilizer raw material.
Under the Agreement signed on January 16, 2024, Grupa Azoty and Orlen will continue to work together to determine the terms and conditions of a potential transaction in which Orlen - or another entity designated by Orlen - would acquire all or part of the shares in Grupa Azoty Polyolefins currently held by Grupa Azoty, or otherwise execute the investment. The Parties have decided that negotiations on the terms of Orlen’s potential acquisition of Grupa Azoty Polyolefins, as well as an analysis of the potential transaction (including due diligence), will be carried out by March 31, 2025. This deadline may be extended or amended without altering the Agreement.
