EUROPEAN GREEN DEAL

At the Grupa Azoty Group, we are well aware of the challenges posed by the European Green Deal and are committed to delivering its goals. This commitment is manifested through specific...

At the Grupa Azoty Group, we are well aware of the challenges posed by the European Green Deal and are committed to delivering its goals. This commitment is manifested through specific projects, defined in the agenda adopted for each segment. We want to protect natural resources, including through rational use of raw materials, launch of new catalysts designed to reduce atmospheric emissions of greenhouse gases and development of more efficient fertilizer formulations. We are cutting down emissions, particularly of greenhouse gases, marketing fertilizers that fulfil the criteria of green chemistry, and improving the energy and raw material efficiency of our technology projects.

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SOIL SCANNERS

We support farmers by promoting the concept of precision agriculture. To that end, we are expanding our services involving agricultural land monitoring and analysis for the purposes of...

We support farmers by promoting the concept of precision agriculture. To that end, we are expanding our services involving agricultural land monitoring and analysis for the purposes of precise fertilizer application by our customers. With the use of AgroCares scanners, our representatives are able to perform quick soil analyses for farmers across Poland – the resulting soil analysis report is available from the farmer’s phone within minutes of a test, and the farmer receives precise recommendations regarding mineral requirements of each part of his land.

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LARGEST PRODUCER OF HYDROGEN

The Grupa Azoty Group accounts for almost a half of Poland’s total hydrogen output. The Group’s hydrogen is made from natural gas and used mainly in ammonia synthesis. We are carrying...

The Grupa Azoty Group accounts for almost a half of Poland’s total hydrogen output. The Group’s hydrogen is made from natural gas and used mainly in ammonia synthesis. We are carrying out work on fuel cell development and are in the process of setting up a laboratory for accreditation of hydrogen for fuel cell applications in transport.

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RESEARCH AND DEVELOPMENT CENTRES

We would not have been able to achieve our strong position in the industry without continually investing in research and development and in our innovation capabilities. The Grupa Azoty...

We would not have been able to achieve our strong position in the industry without continually investing in research and development and in our innovation capabilities. The Grupa Azoty Group’s Research and Development Centres deliver cutting-edge products created by means of advanced, environmentally friendly technologies. This is a way of diversifying our product portfolio and enhancing our production processes.

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3D PRINTING MATERIALS CENTRE

In 2020, our innovations took us to the 3D dimension. We opened a modern 3D Printing Materials Centre and launched sales of FDM technology products offered under the Tarfuse® brand. Th...

In 2020, our innovations took us to the 3D dimension. We opened a modern 3D Printing Materials Centre and launched sales of FDM technology products offered under the Tarfuse® brand. The key feedstock is the high-quality polyamide 6 and its modified varieties produced by our Group.

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BIODEGRADABLE POLYMER COATING

The National Centre for Research and Development provided support for our project to develop a biodegradable polymer coating for nitrogen fertilizers (urea) and compound fertilizers (N...

The National Centre for Research and Development provided support for our project to develop a biodegradable polymer coating for nitrogen fertilizers (urea) and compound fertilizers (NPK). The purpose is to slow down the release of nutrients into soil, thereby increasing their uptake by plants. An added benefit is that coated fertilizers will degrade in the soil within 48 months.

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Introduction

Letter from the President of the Management Board

Ladies and Gentlemen,

on behalf of the Management Boards of the Grupa Azoty Group companies, we present to you our integrated report for 2020.

The twelve months of 2020 were full of new challenges, mainly caused by the COVID-19 pandemic.

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On behalf of the entire Grupa Azoty S.A. Management Board, I extend my sincere thanks to everyone involved in the preparation of this report, and kindly invite the readers to get acquainted with its contents. I hope that our company’s activities described in it will meet with your appreciation. Tomasz Hinc
Grupa Azoty Group’s capex projects in 2020

Polimery Police

The aim of the Polimery Police project, implemented by Grupa Azoty Polyolefins, is to build an integrated chemical complex comprising a propylene unit, a polypropylene unit, a handling and storage terminal, logistics infrastructure and auxiliary units. The project will enhance Poland’s position in the plastics segment, putting our country at the forefront of polypropylene production in Europe and positioning it as the largest PP producer in Central and Eastern Europe. Polimery Police will create almost 400 new jobs within the company and additional jobs locally, related to transport of polypropylene, plant maintenance, etc. The project is scheduled for completion in 2023.

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Covid 19

The Grupa Azoty Group at the time of the COVID-19 pandemic

In 2020, the activities we engaged in connection with the pandemic focused on three areas: safety of our employees, safe continuity of production, and assistance provided to third parties. In March 2020, i.e. at the very beginning of the epidemic, special teams were established at the Grupa Azoty Group companies to coordinate activities in all areas of response to the effects of the COVID-19 situation.

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CIRCULAR ECONOMY

Manufacture

The formula of Fosfarm fertilizers has been designed to minimise the use of the product and maximise its effectiveness. They are enriched with calcium, magnesium, sulfur and micronutrients, that is copper and zinc, which significantly contribute to improving soil quality. Fosfarm fertilizers contain ammoniacal nitrogen, magnesium and sulfur as components facilitating absorption of phosphorus by plants, i.e. stimulating what is called synergism between elements. The phosphorus contained in the fertilizers is soluble in ammonium citrate and water (one-fourth of the phosphorus is water soluble). Phosphorus compounds soluble in those two substances show comparable effectiveness regardless of when they are applied, provided they are placed at the correct depth in the soil.

CIRCULAR ECONOMY

Consumption

The efficiency of the product also depends on how it is used. We therefore provide our customers with leaflets containing information about how and when to use Fosfarm fertilizers in the best possible way. The leaflets contain advice on the optimum doses of the product, and show the periods that are critical to plant growth (when the product should be used). Those materials also have an added educational value, explaining the source of fertilizer application at a given time of the plant’s life cycle, as well as the expected effect of fertilizer application.

CIRCULAR ECONOMY

Recycling

Being aware that natural resources are not unlimited, we are attaching more and more importance to using them in a sustainable and responsible manner. A by-product of one process may become the basis for another. With this in mind, we have developed Fosfarm fertilizers. The phosphorus content, as well as the calcium, magnesium and micronutrients, come from regenerative sources only, including sewage sludge incineration ash.

CIRCULAR ECONOMY

Design

Each component of the product, including its packaging, should be reusable and therefore the packaging of the Fosfarm line has been designed to be recyclable. To facilitate segregation, it has been marked with appropriate signs.

Our business

Grupa Azoty Group financial performance in 2020

Despite the challenging market conditions and the need to quickly adapt to the new market reality brought by the coronavirus pandemic, the Grupa Azoty Group was able to deliver good financial performance in 2020.

Our consolidated revenue in 2020 was PLN 10.5bn. Among the key factors driving the revenue were higher sales in the Agro Fertilizers segment and lower demand on the target markets of the Chemicals and Plastics segments.

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Source: Company data * Financial data restated in accordance with the information presented in Section 2.4 of the Supplementary information to the consolidated financial statements.

ABOUT THE GRUPA AZOTY GROUP

Stakeholder dialogue

At the Grupa Azoty Group, we provide our stakeholders with accurate and reliable information about our company. Dialogue is a priority to us as we understand that it is the cornerstone of mutual understanding in a changing environment.

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ABOUT THE GRUPA AZOTY GROUP

Overview of the Group

The Grupa Azoty Group is Polands largest manufacturer of chemicals and fertilizer products and one of the most recognisable names in this industry in Europe.

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ABOUT THE GRUPA AZOTY GROUP

Business model and our values

We want Grupa Azoty Group’s operations to stimulate growth of the Polish chemical sector and related industries.

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INNOVATION

Our approach to innovation

Innovation is of strategic importance to us – it is part of the Grupa Azoty Group’s mission and future.

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