wstecz 
The Grupa Azoty Group is the European Union’s second largest manufacturer of nitrogen and compound fertilizers and also a major producer of melamine, caprolactam, polyamide, OXO alcohols, and titanium white, which find application in a wide variety of industries.
The Grupa Azoty Group’s revenue in 2015 was determined primarily by the market situation in the Agro Fertilizers segment. Revenue in the Agro Fertilizers segment was up 8.6% year on year. Revenue generated by the Other Activities and Energy segments also increased, by 31.3% and 7.5%, respectively. The other segments saw their revenues decline: by 14.5% in the Plastics segment, and by 8.1% in the Chemicals segment.
Grupa Azoty’s 2015 EBITDA came in at PLN 1.3bn, 60% higher than in 2014. The key contributors to EBITDA were the Agro Fertilizers, Chemicals, and Other Activities segments.
The Grupa Azoty Group’s value growth relies on three pillars: operational excellence, organic growth, and mergers and acquisitions.
The 2014-2020 capex programme, outlined in the „Grupa Azoty Strategy Operationalisation”, provides for 68 organic growth projects with a total value of PLN 7bn. The key projects include: construction of a propylene unit in Police (PLN 1.7bn), construction of a power plant (PLN 1.1bn) and expansion of nitrogen acid production capacity in Puławy (PLN 660m), construction of a polyamide unit in Tarnów (PLN 320m), and construction of a CHP plant in Kędzierzyn (PLN 375m).
shareholding: 33%
The Grupa Azoty Group has a stable shareholder base committed to its development. With 32.7m shares and voting rights, accounting for 33% of the share capital, the State Treasury is the largest shareholder.
As at August 24th 2016
2015 was another growth year for Grupa Azoty in terms of its stock performance, financial metrics, and position on international markets.
The Grupa Azoty Group is Poland’s market leader and European Union’s second largest manufacturer of mineral fertilizers. The Group sells nitrogen and compound fertilizers, produced by plants in Tarnów, Puławy, Kędzierzyn, Police, Gdańsk, and Chorzów.
A new propylene (PDH) unit is to be built in Police. The PLN 1.7bn project is due for completion in 2019. Poland is now a net propylene importer. Majority of the imports are purchased by Grupa Azoty Zakłady Azotowe Kędzierzyn S.A. to produce OXO alcohols. The Police unit will be the third largest facility of this type in Europe.
A facility for production of ammonium nitrate-based granulated fertilizers is now under construction in Puławy. It is the largest construction site in Puławy since the plant’s commissioning in the 1960s. The project’s budget is PLN 385m, and the unit’s daily output will be 1,400 tonnes of calcium ammonium nitrate or 1,200 tonnes of mechanically granulated nitrate.
Industrial energy generation is essential for energy independence of the fertilizer and chemical industries. The Group’s Kędzierzyn subsidiary is working on restoring its heat and power generating capacities. The new unit will also help the Group to meet the growing environmental protection requirements. The first stage of the project, to be completed in 2016, will cost PLN 375m. In 2019, the new CHP plant will supply 250 MW heat and 50 MW electricity. The project’s value will total at least PLN 600m.
On March 4th 2015, Grupa Azoty was selected to feature in the prestigious FTSE Emerging Markets index. The FTSE Emerging Markets index is part of the FTSE Global Equity Index Series, which includes large and mid cap stocks from advanced and secondary emerging markets.
On April 23rd 2015, Grupa Azoty and a syndicate of banks (PKO BP, BGK, BZ WBK, ING BSK) signed a PLN 1.5bn facility agreement. Then, on May 28th 2015, a PLN 700m facility agreement was signed with the European Investment Bank and the European Bank for the Reconstruction and Development.
On April 29th 2015, Grupa Azoty Kędzierzyn placed in service a new non-phthalic plasticizer unit and expanded its product mix to include Oxoviflex™, the first Polish non-phthalic plasticizer. It is a response to the growing demand for innovative solutions for the PVC processing market.
On May 19th 2015, Grupa Azoty Police, Polskie Inwestycje Rozwojowe, and Grupa Azoty Kędzierzyn signed a cooperation agreement for the preparation of a feasibility study for a potential joint project to construct a PDH unit for propylene production. It is the Grupa Azoty Group’s largest project to date. The PLN 1.7bn CAPEX project will involve construction of a propylene unit, a power generating unit, and a liquid chemicals handling terminal at the Police port.
On October 15th, Grupa Azoty Puławy officially launched a PULGRAN® / PULGRAN®S fertilizers unit, the final project under the new fertilizer complex programme worth over PLN 450m in total. The new fertilizer complex has been the largest project implemented by Grupa Azoty Puławy in recent years and is among Europe’s most advanced solid fertilizer production facilities.
