Grupa Azoty POLICE

Grupa Azoty Zakłady Chemiczne „Police” S.A.

Type	Joint-stock company
Industry	Chemical Industry
Founded	1965
Headquarters	72-010 Police, ul. Kuźnicka 1, Lesser Poland Voivodeship, Poland
Key people	Wojciech Wardacki - CEO (since 7.04.2016) Dariusz Hac - Chairman of the supervisory board
Products	fertilizer, white titanium, ammonia, urea, phosphoric acid, sulfuric acid
Operating income	80 796 000 PLN (2014)[1]
Net income	64 369 000 PLN[1] (2014)
Total assets	2 078 712 000 PLN[2] (2014)
Total equity	1 107 333 000 PLN[2] (2014)
Owners	Grupa Azoty S.A. 66% Agencja Rozwoju Przemysłu S.A. 8,80% State Treasury 5% OFE PZU „Złota Jesień” 15%
Number of employees	2380[3] (2014)
Website	http://zchpolice.grupaazoty.com/

Grupa Azoty Zakłady Chemiczne "Police" S.A. (abridged name: Grupa Azoty POLICE) is a Polish company in the chemical synthesis industry, based in Police, Lesser Poland Voivodeship , Poland since .

The company was established in 1964. Production started in 1969, and in 1995 it was transformed into joint stock company S.A. Since 14 July 2005 the company is publicly traded on the Warsaw Stock Exchange.

Since August 2011 Grupa Azoty Zakłady Chemiczne “Police” S.A. has been incorporated into Grupa Azoty S.A.

History

The decision on construction of a chemical plant in Police,^[4] dealing with production of mineral fertilisers was taken in 1964.^[5] The chemical plants were located between Police and the village named Jasienica. The construction of the chemical compound was performed in 1964–1970, on 22 July 1969 the first production department was launched - the production plant of sulphuric acid. In 1970 three production plants were commissioned: of sulphuric acid, phosphoric acid and fertiliser. The plants in Police as one of the first in the country produced compound fertilisers (NP). In the next years, the plant producing sodium fluorosilicate and 2nd plant producing phosphoric acid were opened. In the mid-70’s, it was possible to produce a three-component fertiliser NPK. In 1977 Zakład Bieli Tytanowej was commissioned.^[6]

At the same time, the logistics base of the plants was developed, e.g. by opening a barge port at the Gunica River. In the 80’s the investments within the construction of the production complex were performed: ammonia and urea production was started as well as the plant generating sulphuric acid was opened with annual production capacity of 500 thousand tons. The production of the first three-component fertiliser was started in plants in Police.

Since 30 December 1995 the plants in Police started their activity under new name - Zakłady Chemiczne “POLICE” S.A. The shares of the Plants in Police debuted on the Warsaw Stock Exchange in July 2005.^[7] Since autumn 2011 they are a part of Grupa Azoty. In March 2015 it was decided to construct the installation for production of propylene with PDH method in the scope of the POLICE 2 project.^[8] The estimated value of the investment is over PLN 1.7 million.^[9][10][11]

Shareholding structure

The share capital is PLN 750 million and constitutes 75 million shares. In December 2015 the main shareholders in the company were:^[12]

• Grupa Azoty S.A. (former: Zakłady Azotowe w Tarnowie-Mościcach S.A.) – 66%
• Agencja Rozwoju Przemysłu|Agencja Rozwoju Przemysłu S.A. – 8,81%
• Skarb Państwa – 5,01%
• OFE PZU „Złota Jesień” – 15,01%
• Pozostali akcjonariusze – 5,17%

Management Board

• Management Board since 7 April 2016:^[13]
  • Wojciech Wardacki – CEO
  • Anna Zarzycka-Rzepecka – vice CEO
  • Tomasz Panas – vice CEO
• Management Board in 2011-2016:
  • Krzysztof Jałosiński – CEO
  • Wojciech Naruć – vice CEO
  • Rafał Kuźmiczonek – vice CEO

Research and development

Material projects

In 2013 Grupa Azoty Zakłady Chemiczne „Police” S.A. became the controlling shareholder in African Investment Group,^[14] owning a concession for phosphorite excavation in Senegal.^[15] According to the estimate, about one million ton of phosphorites is to arrive to Poland from Senegal.^[16] The size of deposits, which are accessed by POLICE Azoty Group is ca. 56 million tons of phosphorites and one million and half tons of ilmenite sands. In connection with exploitation of phosphorite deposits in Senegal, POLICE Azoty Group considers the possibility of construction of a fertiliser plant in Kenya.^[17]

Developmental projects

In March 2015 Grupa Azoty POLICE announced the construction of the installation for propylene production.^[18] The investment will be completed by 2019 and projects the additional construction of the power unit and development of the terminal for liquid chemicals in Police port.^[19] The terminal will make it possible to host ships with LPG.^[20] The propylene production will allow for opening new chemical installations in the upcoming years, enabling the Company to produce more technologically advanced plastics. The estimated value of the project is PLN 1.7 billion.^[21]

Capital Group

Capital Group:^[22] The capital group Grupa Azoty POLICE includes:

• Grupa Azoty POLICE Serwis Sp. z o.o. – 100% shares
• „Koncept” sp. z o.o. – 100% shares
• „Transtech” Usługi Sprzętowe i Transportowe Sp. z o.o. – 100% shares
• Zarząd Morskiego Portu Police Sp. z o.o. – 99.98% shares
• „Supra” Sp. z o.o. – 100% shares
• Grupa Azoty AFRICA S.A. – 100% shares
• African Investment Group S.A. – 54,9% shares
• INFRAPARK Police S.A. w likwidacji – 54,43% shares
• „Budchem” sp. z o.o. w upadłości likwidacyjnej – 48,96% shares
• KEMIPOL Sp. z o.o. – 33,99% shares

Production and specialisation

Grupa Azoty POLICE produces compound mineral fertilisers and nitric fertilisers as well as compound fertilisers, ammonia, phosphoric and sulphuric acid, titanium white and side products, such as iron sulphate and post-hydrolytic acid.^[23]

AGRO segment

• Compound fertilisers (NPK, NP) – Polifoska, Polidap,
• Nitric fertilisers (UREA),
• Nitric fertilisers with sulphate (NS).

Segment of Chemistry

• Titanium white.

Transport

The plant uses water (Police port),^[24] railway (Szczecin - Police - Trzebież line)^[25] and road transport (voivodship road no. 114).

Sport and culture support

Currently, the plants support the Chemik Police female volleyball club - closely connected with the plant of Grupa Azoty POLICE.^[26] In addition Grupa Azoty POLICE^[27] supports the Pogoń Szczecin football club.^[28][29] The plants in Police are also a title sponsor of the Azoty Arena sports hall in Szczecin.^[30] The company cooperates with the universities from the territory of West Pomeranian voivodship: University in Szczecin, West Pomeranian University of Technology, Marine Academy, West Pomeranian School of Higher Education as well as University of Technology in Warsaw, in Łódź, University of Warsaw and Warsaw School of Economics.

Famous people connected with Grupa Azoty POLICE

• Krzysztof Jałosiński – president of the management board of Zakłady Chemiczne “Police” Azoty Group S.A. in 2011-2016.
• Kazimierz Drzazga – in 1973-1989 mechanic, inspector of controlling-measuring apparatus in Chemical Plants in Police, on 18–30 August 1980 a participant of the strike in Chemical Plants in Police[33].^[31]
• Stanisław Kocjan – 1971-1987 employee in the Chemical Plants in Police, since 19 August 1980 a participant of the strike in Chemical Plants in Police.^[31]
• Aleksander Doba – Polish traveller, canoeist, winner and explorer, retired employee of the Chemical Plants in Police, honoured with a title of National Geographic Traveller of Year 2014.^[32][33]
• Władysław Diakun – mayor of Police, activist of NSZZ „Solidarność” in chemical plants in Police (union member since 1980).^[34]
• Zygmunt Kwiatkowski – the former president of Elektrownia Puławy Sp. z o.o.^[35]
• Paweł Jarczewski – former president of Azoty Group S.A., former head of the supervisory board of Grupa Azoty POLICE.^[36]

Interesting facts

• on 17 May 2000, on the eve of 80th birthday of the Pope John Paul II, the employees of the Chemical Plants in Police completed a Runner Pilgrimage from Police to Vatican.
• POLICE 2 project projects the construction a larger and more modern installation for propylene production in Europe.^[37][38]

References

1. "Informacje finansowe" (in Polish). Retrieved 2016-07-15.
2. "Skonsolidowane sprawozdanie finansowe za okres 12 miesięcy kończących się 31 grudnia 2014 roku przygotowane zgodnie z Międzynarodowymi Standardami Sprawozdawczości Finansowej, które zostały zatwierdzone przez Unię Europejską" (PDF) (in Polish). Retrieved 2016-07-15.
3. "Raport Zintegrowany Grupy Azoty 2014" (PDF) (in Polish). Retrieved 2016-07-15.
4. "Tajemnice ruin fabryki benzyny syntetycznej Hydrierwerke Pölitz AG w Policach [wycieczka w ramach cyklu Środy z historią Szczecina]" (in Polish). Retrieved 2016-07-15.
5. "Police – od zawsze z ambicjami" (in Polish). Retrieved 2016-07-15.
6. "Zakłady Chemiczne "Police" SA" (in Polish). Retrieved 2016-07-15.
7. "Grupa Azoty Police: 10 lat na GPW" (in Polish). Retrieved 2016-07-15.
8. "Największa inwestycja w historii Grupy Azoty. "Zwiększy przychody grupy o 2 mld zł rocznie"" (in Polish). Retrieved 2016-07-15.
9. "Największa inwestycja w historii Grupy Azoty" (in Polish). Retrieved 2016-07-15.
10. "Wielka inwestycja Grupy Azoty. Police wydadzą 1,67 mld zł na instalację do produkcji propylenu" (in Polish). Retrieved 2016-07-15.
11. "Grupa Azoty Police stawia na rozwój. Chce zwiększyć zatrudnienie" (in Polish). Retrieved 2016-07-15.
12. "Struktura akcjonariatu" (in Polish). Retrieved 2016-07-15.
13. "Nowy zarząd Polic: ekonomiści i ludzie z chemii" (in Polish). Retrieved 2016-07-15.
14. "Police with its own deposits of phosphate rock in Senegal" (in Polish). Retrieved 2016-07-15.
15. "ZCh Police planują kolejne inwestycje w Senegalu" (in Polish). Retrieved 2016-07-15.
16. "Grupa Azoty ZCh Police chcą uzyskać kolejne 2 koncesje w Senegalu" (in Polish). Retrieved 2016-07-15.
17. "Zakłady Chemiczne Police uruchomią w Senegalu fabrykę nawozów" (in Polish). Retrieved 2016-07-15.
18. "Grupa Azoty wybuduje nową instalację propylenu w Policach" (in Polish). Retrieved 2016-07-15.
19. "Nowy zakład, rozbudowa portu. Znamy szczegóły budowy Polic 2" (in Polish). Retrieved 2016-07-15.
20. "Grupa Azoty zainwestuje miliardy złotych w Policach. Polska będzie regionalnym liderem?" (in Polish). Retrieved 2016-07-15.
21. "W Policach propylen, w Senegalu fosforyty. Chemiczna spółka zainwestuje 2,5 mld zł" (in Polish). Retrieved 2016-07-15.
22. "Grupa Kapitałowa" (in Polish). Retrieved 2016-07-15.
23. "Raport zintegrowany Grupy Azoty 2013" (PDF) (in Polish). Retrieved 2016-07-15.
24. "Janusz Motyliński: "Przewidywana łączna wartość inwestycji wynosi 190 mln zł."" (in Polish). Retrieved 2016-07-15.
25. "Po szynach przez historię: Linia kolejowa do Polic i Trzebieży" (in Polish). Retrieved 2016-07-15.
26. "Prezes zarządu Grupy Azoty Zakłady Chemiczne Police S.A. Krzysztof Jałosiński: Sięgnąć gwiazd" (in Polish). Retrieved 2016-07-15.
27. "Grupa Azoty została Mecenasem Sportu" (in Polish). Retrieved 2016-07-15.
28. "Grupa Azoty zacieśnia współpracę z Pogonią" (in Polish). Retrieved 2016-07-15.
29. "Zakłady Chemiczne Police sponsorem Pogoni" (in Polish). Retrieved 2016-07-15.
30. "Grupa Azoty sponsorem tytularnym hali w Szczecinie" (in Polish). Retrieved 2016-07-15.
31. "Kazimierz_Drzazga" (in Polish). Retrieved 2016-07-15.
32. "Aleksander Doba" (in Polish). Retrieved 2016-07-15.
33. "Aleksander Doba Podróżnikiem Roku 2014 National Geographic!" (in Polish). Retrieved 2016-07-15.
34. "Władysław Diakun" (in Polish). Retrieved 2016-07-15.
35. "Mgr Zygmunt Kwiatkowski" (in Polish). Retrieved 2016-07-15.
36. "Prezes Grupy Azoty Paweł Jarczewski szefem rady nadzorczej ZCh Police" (in Polish). Retrieved 2016-07-15.
37. "Największa instalacja w Europie produkująca propylen powstanie w Policach" (in Polish). Retrieved 2016-07-15.
38. "Powstaną Police 2. Ogromna inwestycja za 1,7 miliarda w Grupie Azoty" (in Polish). Retrieved 2016-07-15.

External links

• Official Grupa Azoty POLICE website—(Polish)