On June 4th 2021, an agreement was signed between Grupa Azoty PUŁAWY, represented by Andrzej Skwarek and Jacek Janiszek, members of the company’s Management Board, and Jarosław Pączek, Head of MKango Polska, a branch of Canada’s Mkango Resources Ltd, for lease of a plot of land where a rare-earth elements refining plant will be built.
A WorldSkills Poland national competition in the ‘Chemical Lab Technician’ category was held for the first time at Grupa Azoty S.A.’s Tarnów site in the presence of Deputy Prime Minister, Minister of Development, Labour and Technology Jarosław Gowin, Director General of the Foundation for the Development of the Education System and Official Delegate of WorldSkills Poland dr Paweł Poszytek, and Vice President of the Management Board of Grupa Azoty S.A. dr Grzegorz Kądzielawski. The winner will represent Poland in the WorldSkills international competition in Shanghai 2022.
On May 13th 2021, the Supervisory Board of Grupa Azoty S.A. appointed Marek Wadowski to the Company's Management Board of the new 12th term of office as its Vice President, with effect as of May 18th 2021. The Supervisory Board also appointed Zbigniew Paprocki as Member of the Management Board, with effect as of May 18th 2021.
After Q1 2021, the Grupa Azoty Group reported consolidated revenue of PLN 3,362m, an increase of PLN 258m relative to the same period of 2020. Despite higher average prices of most raw materials, including natural gas, EBITDA came in at PLN 405m. Net profit for the period amounted to PLN 86m and EBITDA margin was 12.0%.
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.