Grupa Azoty Puławy has decided to issue and deliver a debit note to the Contractor of the 100 MWe coal-fired power unit project (the Polimex Mostostal S.A. consortium) for over PLN 239 million as a contractual penalty for the termination of the contract due to reasons attributable to the Contractor.

Grupa Azoty is set to produce its new multi-component fertilizer – POLIFOSKA Multi S – a product containing 23% sulfur at its Police facilities. This launch marks the latest addition to our fertilizer portfolio, joining the likes of megAN (a high-granule ammonium nitrate fertilizer), RSM OPTIMA (a nitrate-urea solution with a distinctive light blue color for easy product origin identification), and eNpluS (an ammonium fertilizer enriched with sulfur and calcium), whose production commenced in recent months within Grupa Azoty.

On January 24, 2025, the management boards of Grupa Azoty Puławy S.A. and Polimex Mostostal S.A. met in Puławy to discuss the current situation regarding the construction of the coal-fired power block (the BW100 project) and to explore options for amicably resolving the dispute, with due regard for the interests of both parties.

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.