GRUPA AZOTY Aktie

 

Grupa Azoty SA seeks to settle just about 17% of debt taken to build the biggest propylene and polypropylene complex in central and eastern Europe....

Europe's Chemical Sector 'Will Disappear' Under Weight Of EU Green Deal, CEOs Sound Alarm Via Remix News, The visible decline in production in Europe's chemical sector could soon have far more serious consequences. Production capacity is disappearing, and the further consequences will be alarming, warn leaders of the largest companies in an industry that recently experienced a period of prosperity. They are calling for swift and far-reaching changes to EU law, writes Polish Business Insider. In just a few years, nearly 10 percent of production capacity on the Old Continent has disappeared. Industry representatives are warning that cheaper products from Asia and the Middle East are taking their place, as European companies suffocate under the weight of energy prices, CO2 costs, and a thicket of regulations. This is the view of both state-owned (Azoty), private (Qemetica), and foreign companies operating in Poland (BASF). The chemical sector accounts for approximately 7 percent of the EU...

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