Grupa Azoty Polyolefins (Polimery Police)
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Grupa Azoty Polyolefins and Financial Institutions Extend Financing Agreement for the Polimery Police Project
The validity period of the Stabilization Agreement between Grupa Azoty Polyolefins and Financial Institutions, originally dated December 15, 2023, and subsequently amended, concerning the financing of the Polimery Police project, has been extended from April 22, 2025, to May 20, 2025.
23.04.2025
Grupa Azoty Polyolefins and Financial Institutions extend Financing Agreement for the Polimery Police Project
The validity period of the Stabilization Agreement dated December 15, 2023 (as amended), between Grupa Azoty Polyolefins and the Financing Institutions concerning the financing of the Polimery Police project, has been extended from March 31, 2025, to April 22, 2025.
02.04.2025
Polimery Police: Talks Between Grupa Azoty and Orlen Continue
The deadline for the Agreement signed on January 16 this year between Orlen S.A. and Grupa Azoty S.A., Grupa Azoty Police S.A., and Grupa Azoty Polyolefins S.A. has been extended until May 12, 2025. This means Grupa Azoty and Orlen are continuing their cooperation to determine the terms and conditions for the potential transaction involving Orlen Group’s acquisition of all or part of Grupa Azoty Polyolefins shares held by Grupa Azoty, or exploring other forms of investment.
31.03.2025
Polimery Police: Working capital financing agreement between Grupa Azoty Polyolefins and Orlen
Grupa Azoty Polyolefins and Orlen have signed a working capital financing agreement for an amount not exceeding USD 28 million to finance the purchase of propane by Grupa Azoty Polyolefins. The agreement sets out the terms of this financing and the repayment conditions. Propane is used in the Polimery Police plant for the production of propylene.
17.03.2025
Supervisory Board of Grupa Azoty S.A. Appoints Artur Babicz as Management Board Member Elected by Employees
The Supervisory Board has confirmed the validity of the election process for the candidate selected by the Company's employees to serve as a Member of the Management Board for the 13th term. The election took place from January 27 to February 11, 2025. Following this confirmation, on February 27, 2025, the Supervisory Board appointed Mr. Artur Babicz as a Member of the Management Board, with his term commencing on March 1, 2025.
28.02.2025
Grupa Azoty Polyolefins and Financial Institutions extend the financing agreement for Polimery Police
Grupa Azoty Polyolefins has extended the validity of the Stabilization Agreement dated December 15, 2023, with subsequent amendments, concerning the financing of the Polimery Police project. Consequently, the terms under which Financial Institutions provide financing for the Project will remain in effect for the extended period of the Stabilization Agreement, i.e., until March 31 of this year.
28.02.2025
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