Challenges for “PUŁAWY”

| About Us, Prospects & Investment |
Marian Rybak

In “A dangerous year – Who lies in wait for Polish chemical companies”, the editors of Wirtualny Nowy Przemysł magazine have enumerated the current challenges for the Polish chemical sector. We do take into account the issues presented in the text while planning our long-term strategy. However, it would be difficult to agree with the claim that the threats outweigh the opportunities which we are intending to make use of in the coming months.

A power struggle

Grupa Azoty “PUŁAWY” is well aware of the potential events which might pose a threat to the Polish chemical-fertilizers businesses. We are watching the developments on global markets, paying particular attention to the increasing importation of nitrogen-based fertilizers to the European Union from Russia as well as the USA. Another challenge we are currently facing is the growing export of urea from China. Last but surely not least, we focus on securing access to resource base, which will make it possible for us to make use of commodities sold at a good price.

Seeking opportunities

We take pride in initiating cooperation with the leading Polish companies which deal with the search and excavation of resources – Grupa Lotos and KGHM. Thanks to joint investments planned by “PUŁAWY” and Grupa Azoty, we are likely to diversify natural gas supply and gain access to such resources as phosphorites and potassium salts.

New projects we focus on

In order to be able to compete with the major players on the market, we focus on the modernization of the existing installations and the completion the projects which are in progress. 2012 brought a breakthrough, with a record quantity of urea produced by Grupa Azoty “PUŁAWY”. We manufactured nearly 1.25 million tonnes of urea in that year. It was possible thanks to modernizing the installation, boosting manufacturing efficiency, and the resulting reduction of gas consumption. The improvement improved our position on the European market.

It all starts with gas

We do not overlook the opportunity shale gas exploration and excavation may give our country. Access to shale gas will be significant for the development of Grupa Azoty “PUŁAWY”. At the same time, however, we have been making efforts to improve the security of gas supply. We are hoping that the LNG terminal in Świnoujście will be another milestone in the Polish quest to become independent of supplies of natural gas from the East.