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.
On December 23, 2024, a lawsuit was filed with the District Court in Lublin, seeking a judgment against the Consortium responsible for constructing the Coal-Fired Unit. The claim includes, among others, payment of PLN 249.2 million to Grupa Azoty Puławy for liquidated damages resulting from delays in completing the investment, specifically for failing to meet two critical milestones: “Synchronization of the Unit with the National Power System” and “Signing the Acceptance Protocol for Operation.” The lawsuit also seeks a court declaration that the Consortium had no right to demand a payment guarantee for construction work exceeding the actual value of that work (guaranteed by the Company at PLN 2.3 million) and had no valid grounds to withdraw from the contract.
Grupa Azoty Puławy has commissioned the fifth line of its nitric acid installation, marking the completion of a key phase of the plant's startup process. The fifth line is part of a major modernization and construction project for nitric acid production and related facilities, valued at PLN 300 million. The project improves the efficiency of nitric acid production, enhances the economic feasibility of nitric acid-based fertilizers, and aims to reduce environmental emissions.
Grupa Azoty is expanding its product portfolio with the introduction of a granular nitrogen fertilizer with sulfur and calcium, branded as eNpluS. This move continues the company's strategy to develop its offerings in line with market demands. The production of eNpluS will take place in Puławy and Kędzierzyn-Koźle, making it the latest addition to the product range in recent months. Earlier, the portfolio was enriched with megAN (a coarse-granule ammonium nitrate fertilizer) and RSM OPTIMA (a urea-ammonium nitrate solution with a unique light-blue color for easy identification of its origin).
The Supervisory Board of Grupa Azoty S.A. has confirmed the composition of the Management Board for its upcoming 13th term, effective January 1, 2025. The lineup remains unchanged, except for the Employee-Elected Board Member, who will be appointed following a planned election process.
The Industrial Development Agency (Agencja Rozwoju Przemysłu S.A.), Polska Grupa Zbrojeniowa S.A., Grupa Azoty S.A., and MESKO S.A. have signed a letter of intent to expand explosives production capabilities.