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The Grupa Azoty Group expands product portfolio to include ISCC certified polyamide 6. The Company has introduced a new product to its first customer in the European automotive sector
The Grupa Azoty Group is advancing its portfolio of certified plastics, all linked to certified raw materials, using the mass balance approach. The fourth quarter of 2023 saw the Company commence the production and successfully complete the inaugural sale of certified polyamide 6 under the ISCC PLUS scheme. This voluntary scheme is dedicated to promoting bioeconomy and circularity across various sectors of the industry, including plastics. The move towards a portfolio of certified products has been facilitated by the ISCC PLUS certification, which the Company obtained in 2022. These efforts address the challenges identified in the Grupa Azoty Group’s Green Strategy.
04.03.2024
Grupa Azoty Polyolefins S.A. Signs Amendment Agreement with Financial Institutions for the Polimery Police Project Financing
Following discussions and negotiations with banks, Grupa Azoty Polyolefins signed an Amendment Agreement on February 29 to the Stabilization Agreement dated December 15, 2023, regarding the financing of the Polimery Police project. The parties have agreed on the terms under which the Financial Institutions will provide financing for the project during the next period of the Stabilization Agreement, which extends until March 27. The amendment was signed with 15 financial institutions.
29.02.2024
Grupa Azoty S.A. Signs Amendment to Agreement with 13 Financial Institutions
Grupa Azoty S.A. has signed an Amendment to the Agreement dated February 2, 2024, on behalf of itself and the companies within the Grupa Azoty Capital Group. The signing of this document will facilitate the development of a long-term restructuring plan for Grupa Azoty.
29.02.2024
Announcement regarding flare activity at the Polimery Police project site
Grupa Azoty Polyolefins S.A. reports that on February 27, 2024, controlled hydrocarbon flaring occurred at the Polimery Police project site. Increased flare activity is characterized by a visible light effect from a distance and may also produce a sound effect. In some cases, black smoke may be visible in addition to the flame. The formation of black smoke is due to an insufficient amount of added steam, preventing its formation, during a sudden larger, temporary, unforeseen (emergency) influx of hydrocarbons to the flare. This lasts for a few minutes until the appropriate amount of steam is added. During normal operation, when there is a stable or planned release of hydrocarbons, steam is added simultaneously or in advance, preventing the formation of black smoke.
28.02.2024
Qualification Process Launched for Members of the Management Board of Grupa Azoty S.A. for the 12th Term
The Supervisory Board of Grupa Azoty S.A. has announced the qualification process for the positions of President of the Management Board, Member of the Management Board for Finance, Member of the Management Board for Development and Restructuring, Member of the Management Board for the Agro and Chemicals Segment, Member of the Management Board for Plastics and Polymers Segment, and Member of the Management Board for Energy.
27.02.2024
Grupa Azoty and Cracow University of Technology to Collaborate in Education and Scientific-Technical Work
Grupa Azoty and the Faculty of Environmental and Power Engineering at Cracow University of Technology have signed a framework cooperation agreement. This partnership aims to establish a long-term collaboration in scientific and technical work and education, particularly in fields related to sustainable development.
22.02.2024
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