Grupa Azoty S.A. has launched a pilot line for the production of thermoplastic starch, with a capacity of 300,000 per year. The company has also signed cooperation agreements with Polska Grupa Opakowaniowa Opakomet S.A. and the Forestry Research Institute, as well as a letter of intent with the State Forests National Forest Holding. The signing of the documents, confirming the high business potential of the solution, took place at the Grupa Azoty Research and Development Centre in Tarnów on May 11th 2021.

At its meeting held on April 19th 2021, the Supervisory Board of Grupa Azoty S.A. reappointed members of the Company’s Management Board for a new 12th term of office, with effect from May 18th 2021.

In 2020, the Grupa Azoty Group posted consolidated revenue of PLN 10.5bn, delivering EBITDA of PLN 1.3bn, EBITDA margin of 12.6% (unchanged year on year) and net profit of PLN 355m.

The Grupa Azoty Group is launching the Fosfarm product line – modern and environmentally-friendly NPK fertilizers providing an ample and efficient source of soil nutrients. The new line developed by the Grupa Azoty Group’s Gdańsk-based company is another step taken by the Group towards achieving the goals of the European Green Deal.

The grand prize is a John Deere 5058E tractor, and in addition every day participants can win up to four prizes of PLN 1,000 each.

Further to rumours circulated by one of the trade unions as to alleged plans to dissolve leading Companies of the  Grupa Azoty Group, i.e. Grupa Azoty Puławy, Grupa Azoty Police and Grupa Azoty Kędzierzyn, we firmly deny that the newly adopted Strategy of the Grupa Azoty Group includes any dissolution plans regarding those companies or any resulting staff lay-off plans. We regard such rumours as harmful fake news and we urge everyone to refrain from spreading them. Doing so could trigger unrest at the Companies concerned and cause unnecessary anxiety among our staff.