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 13^th 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.  

The agreement to be signed between Grupa Azoty S.A. and all companies within its Capital Group strengthens and standardizes the principles of cooperation on areas such as integration processes, joint project management, restructuring, cost optimization, and information exchange. The Management Board of Grupa Azoty S.A. has resolved to approve the signing of this integration agreement, initiating the process of formalizing the document between Grupa Azoty S.A. and each of its affiliated companies.

Grupa Azoty’s financial results for Q3 align with estimates published on October 25. In Q3 2024, the Group reported consolidated sales revenue of PLN 3,085 million and an EBITDA result of minus PLN 120 million, with an EBITDA margin of minus 3.9%, reflecting an improvement of nearly PLN 228 million compared to the same period last year. The net loss for Q3 was reduced year-over-year by PLN 517 million to PLN 226 million, compared to a loss of PLN 743 million in Q3 2023.