Investments

Polimery Police project

We have allocated our record-breaking revenue for 2022 to further developing our business. We keep working on investment projects that are already in progress, while embarking on promising new ones. In 2022, the construction of Polimery Police entered its final phase. It is our flagship investment, and one of the largest projects to have been undertaken within the chemical industry in Poland and Europe.

Innovations

Innovations in 2022

We turn good into better, and better into even better. We develop through innovation, relying not only on our external environment but also on our employees to source innovative ideas. We are convinced that innovation can significantly accelerate the chemical sector’s progress.

climate and environment

Green Azoty project

At the Grupa Azoty Group, we acknowledge the pressing realities of climate change and environmental degradation, recognising them as significant threats to the contemporary world. Consequently, the Green Azoty project stands as a cornerstone within our 2030 Strategy. Its principal objectives encompass the vital tasks of decarbonisation, emissions reduction, implementation of research projects aligned with the European Green Deal, and integration of new, environmentally friendly, and zero-carbon energy sources.

Introduction

Letter from the President of the Management Board

Dear Stakeholders,

as we reflect on the past year 2022, it stands out as a period marked by a number of challenging events on the global stage, with geopolitical and economic dynamics taking unexpected turns.

We give you this Grupa Azoty Group Integrated Report for 2022 with the belief that sustainable development and social responsibility are integral to our organisational culture and a vital imperative guiding our collective actions across the Group. Tomasz Hinc, President of the Management Board

Grupa azoty s.a.

Value creation model

OPERATIONAL EXCELLENCE STRATEGY

We will improve our operations based on three pillars: Logistics, Capital assets management, and IT.

INNOVATION STRATEGY

Our goal is to deliver new and improved products of high quality and maintain our competitive advantage in the long term.

FEEDSTOCK STRATEGY

Our key strategic goal in the feedstock area is to ensure the security and continuity of supplies. We also intend to continue efforts aimed at more efficient utilisation of our own feedstock assets.

MANAGEMENT STRATEGY BASED ON BUSINESS SEGMENTS

We plan the introduction of a new organisational model to fully realise the synergies between our companies that we have been consistently unlocking. We will completely integrate some support functions and introduce a management approach based on key business segments.

FINANCIAL STRATEGY

One of our strategic financial objectives is to continue the consolidation of the finance function, which will improve the management of the Grupa Azoty Group at the level of individual business segments.

ESG STRATEGY

We will develop the Grupa Azoty Group sustainably, meaning that we will consider environmental protection, concern for the society and responsible corporate governance (ESG aspects) in the process. The Group will continue to support the implementation of the United Nations 2030 Sustainable Development Goals.

Integrated Report of Grupa Azoty 2022

Download the report in PDF format