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Grupa Azoty Polyolefins and Financial Institutions Extend Financing Terms for Polimery Police Project

Following successful negotiations with the banks, Grupa Azoty Polyolefins signed an Amendment Agreement on August 6 to the Stabilization Agreement dated December 15, 2023, regarding the financing of the Polimery Police project. The parties have agreed on the conditions under which the Financial Institutions will provide financing for the project during the next period of the Stabilization Agreement, which extends until August 30, 2024. The Amendment Agreement was signed with 15 Financial Institutions.

07.08.2024
Grupa Azoty Polyolefins S.A. Completes Conditional Provisional Acceptance for PP Installation Subproject and Transshipment and Storage Terminal Subproject

Grupa Azoty Polyolefins S.A. has signed bilateral protocols of Conditional Provisional Acceptance with Hyundai Engineering Co., Ltd., the General Contractor for Polimery Police, for the Polypropylene Installation subproject and the H&ST Transshipment and Storage Terminal subproject. The Conditional Provisional Acceptance procedure has been introduced to expedite the transfer of the Polimery Police project from the General Contractor to commercial operations.

31.07.2024
Grupa Azoty Polyolefins Secures Extended Financing for Polimery Police Project

On June 14, Grupa Azoty Polyolefins finalized an Amendment to the Stabilization Agreement initially signed on December 15, 2023, ensuring continued financing for the Polimery Police project. This agreement with 15 financial institutions extends the financing terms until July 31, 2024.

14.06.2024
Grupa Azoty Polyolefins and Financial Institutions Extend Financing Conditions for Polimery Police Project

Following successful discussions with banks, Grupa Azoty Polyolefins signed an Amendment to the Stabilization Agreement, originally dated December 15, 2023, on May 29. The parties extended the financing conditions for the Polimery Police project until June 14, 2024. The Amendment involved 15 financial institutions.

29.05.2024
Polimery Police: Grupa Azoty Polyolefins produces first 100 thousand tons of polypropylene during installation startup

By May 15, 2024, Grupa Azoty Polyolefins produced a total of 100,000 tons of polypropylene. This production milestone was reached during the startup and testing of guaranteed parameters at the PDH (propane dehydrogenation) and PP (polypropylene) installations, as well as at the AUX (auxiliary installations) and HST (maritime gas terminal).

15.05.2024
Changes in the Supervisory Board of Grupa Azoty Polyolefins S.A.

On May 14, 2024, Grupa Azoty S.A. dismissed Mr. Zbigniew Sokal from the Supervisory Board of Grupa Azoty Polyolefins S.A.

14.05.2024
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