The assembly of the roof on the first propane tank has been completed. A lift weighing 290 tons, was lifted by forcing air under the dome with a slight overpressure of +0.02 bar. For safety reasons, the maximum speed of lifting the roof was 30 cm per minute.
The Supervisory Board of the Company announces the initiation of the qualification procedure for Member of the Management Board of Grupa Azoty Polyolefins S.A. with its headquarters in Police at Kuźnicka Street 1 ("the Company").
Grupa Azoty Polyolefins and the West Pomeranian University of Technology in Szczecin have signed an agreement to improve the qualifications of the company's employees in line with the latest trends in science.
May 18th saw the mounting in place of a 96-metre-tall propane-propylene splitter. The operation required the use of one of the world’s largest ring cranes.
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%.