Grupa Azoty’s second-quarter 2022 results were strongly impacted by the turmoil caused by Russia’s invasion of Ukraine, which adversely affected the availability and prices of feedstocks, pushing up prices of final products across all business segments. As a result of lower exports, the volumes of fertilizer supplied by Grupa Azoty to the domestic market were significantly larger compared with the same period last year.

Despite temporary production cuts at three of the Grupa Azoty Group’s companies, the Group continues to provide supplies of CO2 to its existing customers. The reduction in fertilizer production was planned so as to ensure the availability of sensitive products, including liquid CO2, dry ice and ammonia water, which is necessary for the operation of the commercial power industry.

Due to record high prices for natural gas, the main production feedstock used by Grupa Azoty Zakłady Azotowe Kędzierzyn S.A., on August 23rd 2022 the Company’s Management Board decided to scale down the operation of the Fertilizer Production Unit to the minimum capacity of 43% as of August 24th 2022.

Grupa Azoty ZAK S.A. of the Grupa Azoty Group has put in operation a 1 MW solar PV system with power evacuation. The purpose of the investment, which aligns with the ongoing strategic corporate project “Green Azoty”, is to optimise the management of the daily electricity balance using a renewable energy source.

With reference to false information appearing in the public domain, Zakłady Azotowe Kędzierzyn firmly denies that the company has anything to do with the fish die-off seen along the Odra River in recent days.

On Tuesday, July 26th 2022, Grupa Azoty ZAK of Kędzierzyn-Koźle signed a contract with the general contractor for its Alternative Fuels Laboratory. The project is part of implementing the Grupa Azoty Group’s Strategy 2021–2030, including the Green Azoty programme.