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ZAK Spółka Akcyjna (ZAK S.A.), now renamed Grupa Azoty Kędzierzyn, is a chemical company based in the city of Kędzierzyn, Opole Voivodeship, southwest Poland.[1]
It is part of the Grupa Azoty chemical companies holding company.[2]
History
editOn October 20, 2010, Zakłady Azotowe in Tarnów-Mościce became the majority shareholder of ZAK SA by acquiring 52.6% of its shares.[3] On October 13, 2011, the Tarnów company purchased an additional 40.86% of ZAK SA shares, bringing its total ownership to 93.48%.[4] This was part of a broader consolidation effort in the chemical industry, following the acquisition of 66% of the shares of Zakłady Chemiczne "Police" by Zakłady Azotowe in Tarnów-Mościce.[5] This consolidation was finalized with an agreement between Zakłady Azotowe in Tarnów-Mościce and Zakłady Azotowe Puławy.[6] As a result, all companies within the Grupa Azoty underwent a rebranding, and the Kędzierzyn company was renamed Grupa Azoty Zakłady Azotowe Kędzierzyn SA, abbreviated as Grupa Azoty ZAK S.A.[7]
Products
editGrupa Azoty Kędzierzyn produces nitrogen fertilizers (16% share of the Polish market), OXO alcohols (the sole producer in Poland, close to 10% share of the European market), and phthalate plasticizers (approximately 73% and 6% share of the domestic and European markets, respectively).
In 2007, the company's consolidated sales revenue amounted to PLN 1.67 billion (€375 million), while the net profit reached PLN 115.3 million (€26 million).[8]
References
edit- ^ Grupa Azoty Kędzierzyn (Zakłady Azotowe Kędzierzyn); accessed 24 November 2016.
- ^ Grupa Azoty; accessed 24 November 2016.
- ^ "Czas strategicznych zmian i wielkich inwestycji". 2013-05-24. Archived from the original on 2015-06-30.
- ^ "ZA Tarnów kupiły od Skarbu Państwa 40,86 % akcji ZAK za 200 mln zł". msp.gov.pl. 2011-10-13. Archived from the original on 2015-06-30.
- ^ "Azoty Tarnów konsolidują polską chemię". innowacyjnystart.pl. Archived from the original on 2015-01-02. Retrieved 2024-10-28.
- ^ "ZA Tarnów i ZA Puławy podpisały umowę o konsolidacji - Biznes". biznes.onet.pl. Archived from the original on 2015-07-01. Retrieved 2024-10-28.
- ^ "ZAK S.A. wraca do pełnej nazwy | 7DNI". tygodnik7dni.pl. Archived from the original on 2016-08-30. Retrieved 2024-10-28.
- ^ Plastech. "Zakłady Azotowe Kędzierzyn osiągnęły najlepszy wynik w historii". www.plastech.pl (in Polish). Retrieved 2023-02-27.
External links
edit- Official Grupa Azoty Kędzierzyn website — formerly Zakłady Azotowe Kędzierzyn−ZAK S.A.
- Grupa Azoty website—(in English)
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