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Grupa Azoty’s statement in response to article published by Gazeta Wyborcza
Regarding the article titled “Miały być kryształy, jest klops” (“How crystals have turned into abject failure”) published by the Gazeta Wyborcza daily on December 18th 2023, we would like to clarify and correct certain aspects that were falsely represented in the publication concerning a facility construction project executed for Grupa Azoty.
19.12.2023
Grupa Azoty Polyolefins has signed an agreement with financial institutions concerning the financing of the Polimery Police project
Under the agreement, the parties have agreed upon additional terms and conditions for the provision of financing by the financial institutions to support the implementation of the Polimery Police project. The agreement is related to the existing agreement for the financing of the project and will remain in effect until February 28th 2024.
15.12.2023
Grupa Azoty S.A. and VSB Holding GmbH have updated the revised term sheet outlining the path to acquisition of the entire share capital of Solarfarm Brzezinka
Grupa Azoty S.A. and VSB Holding GmbH have agreed on an updated revised term sheet (the “Term Sheet”) outlining the path to acquisition of the entire share capital of Solarfarm Brzezinka. As per the updated Term Sheet, subject to adherence to the schedule provided in the Term Sheet and fulfilment of negotiation conditions, Grupa Azoty S.A. will maintain exclusivity until March 31st 2024, for the execution of a preliminary conditional sale agreement regarding the prospective acquisition of 100% of shares in Solarfarm’s share capital.
15.12.2023
Increased production volumes reported for nitrogen fertilizers and OXO alcohols
The Grupa Azoty Group has released its production volume estimates for November 2023, showing an increase in the Group companies’ product output in nitrogen fertilizers and OXO alcohols. According to estimates, Group companies produced 282,000 tonnes of nitrogen fertilizers in November (up from 245,000 tonnes in October). The estimated volume for OXO products is 13,000 tonnes vs. 3,000 tonnes in October.
13.12.2023
Changes on Grupa Azoty Polyolefins Management Board
On November 24th 2023 , Andrzej Niewiński resigned from his role as a member and President of the Management Board of Grupa Azoty Polyolefins S.A.Mr Niewiński has been involved with the Company since 2016, holding the position of President of its Management Board. Personal reasons were cited as the reason for the resignation.
24.11.2023
Grupa Azoty’s envifill® products with international certificates confirming biodegradability and compostability
Grupa Azoty S.A. has obtained certificates indicating the compliance of the envifill® granules line with the EN-13432 standard, thus confirming their biodegradability and compostability. The OK compost Industrial certificate verifies that products made from the Group's granules can undergo composting in industrial composting facilities. On the other hand, the OK compost HOME certificate serves as a guarantee that products made from these granules are completely biodegradable in backyard composters.
22.11.2023
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