Strategic investment

| Production & Resources |

Grupa Azoty PUŁAWY has focused on developing production, increasing the range of products in its portfolio, improving the quality of products, and on environmental protection. We are currently directing our efforts to making the industrial processes in Our Works more flexible.

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Opening of a new ammonia stockage installation

| About Us |

The ammonia stockage inauguration was held on Monday, October 6th, 2014 on the premises of Grupa Azoty Zakłady Azotowe “Puławy” S.A. The event was attended by the Minister of Treasury – Włodzimierz Karpiński, the Lublin Diocese Archbishop – Stanisław Budzik, the Chairman of the Board of Grupa Azoty – Paweł Jarczewski, the Chairman of the Board of Grupa Azoty PUŁAWY – Marian Rybak, the Members of the Boards of Grupa Azoty S.A. and Grupa Azoty PUŁAWY, as well as the representatives of local authorities.

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“PUŁAWY” bets on fertilizers

| Products |

Grupa Azoty “PUŁAWY” is currently focusing on intensive development of Agro (agricultural) Segment. Over the past 5 years, the Company has spent 1.2 billion PLN to this end.

Infrastructure first

New facilities were opened on July 8th. The first one is an exhaust desulfurization installation, the first such in Europe and third one in the world. By reducing CO2 emissions, “PUŁAWY” will help to protect the environment and will be able to recycle the sulfur obtained in the process. The element will be used in New Fertilizer Complex, the first stage of the construction of new solid fertilizers complex based on sulfur and other elements. The Complex is scheduled for completion at the end of 2014. Another project in progress is the construction of ammonia stockage with 15,000 tonnes capacity.

Next come new products

Owing to investments in sustainable development, “PUŁAWY” is capable of effective competition on fertilizer market. One tool is boosting efficiency of production, another is diversification of its product portfolio, in response to demand indicated by farmers. PULASKA is a good example, being a fertilizer manufactured based on ammonium sulfate (from exhaust desulfurization installation) and urea. The Company is also developing ammonium nitrate-based fertilizers. Pursuing such areas of activity, “PUŁAWY” both strengthens its Agro Segment and points at new directions of development of the fertilizer industry.

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Always forward

| Prospects & Investment |

In comparison with the corresponding period in the previous financial year, the dynamics of growth of “PUŁAWY” Company has remained impressive. In many respects the growth (in terms of output volume) proved remarkable.

The above is true of both agricultural and chemical segments. Not only the Parent Company, i.e. “PUŁAWY”, is responsible for this success. Recognition is due to Gdańskie Zakłady Nawozów Fosforowych “Fosfory” and “Azoty – Adipol” from Chorzów as well. From the 1st July to 31st December 2012, as compared to the first half of 2011/12 financial year, the Group produced 112,4% as much ammonia, 116,% – nitric fertilizers, 111,5% – AdBlue®, 95,8% – CAPROLACTAM™, 108,1% – Melamina™ and 102,7% – hydrogen peroxide.

In the second half of 2012 “Fosfory” produced 102% as much phosphatic fertilizers and 114,8% multi-compound fertilizers. In “Azoty – Adipol” the output of potassium nitrate was 132% of previous period’s result, but the growth of calcium nitrate production to 585,8% of previous year result was the most noteworthy success. This achievement was connected with increased market capacity and good pricing.

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