Description of activity

Zakłady Azotowe PUŁAWY S.A. is a leader in the chemical and fertilizer industry in Poland. It obtains nearly half of its revenue from export by placing its products on the most demanding markets in the world (mostly Western Europe and the Far East). The Company is a European leader on the market of nitrogen fertilizers: granular urea, ammonium nitrate, ammonium sulphate and urea-ammonium nitrate solution (UAN). It is also a global leader on the market of melamine (the third largest producer in the world and the only one in Poland) and a significant supplier of caprolactam for the markets in the Far East. The plant is also the only Polish producer of hydrogen peroxide, the largest producer of AdBlue in the region, as well as a recognized producer of liquid carbon dioxide. Since October 2005, the Company is listed on the Warsaw Stock Exchange. Currently, it is located in the index mWIG40 and the prestigious WIGdiv. Its shareholders include: the Treasury 50.67%, Kompania Węglowa 9,9%, Zbigniew Jakubas with affiliated entities 5.16%, ING Nationale Nederlanden Polska OFE 5.02%, other shareholders 29.25%. PUŁAWY effectively builds its corporate group. In 2011, it made successful acquisitions of Gdańskie Zakłady Nawozów Fosforowych FOSFORY - producer of phosphate fertilizers and compound fertilizers. There are also two other companies in Grupa PUŁAWY: REMZAP Sp. z o.o. - providing services, building and assembly and repair, and PROZAP Sp. z o.o. - offering comprehensive design services for the chemical industry in the country and abroad.