Company Profile

The information below does not constitute any invitation or offer to sell, invest in or trade, nor does it constitute any invitation to place any offer to purchase, invest in or trade the securities. The information presented herein is up to date as on the date of publication. For more information, please contact Investor Relations Centre, tel: (+48 22) 695 90 01-02, e-mail: investor@msp.gov.pl.

Zakłady Chemiczne Police S.A. seated in Police (ZChP) - privatised company

Description of activity

Zakłady Chemiczne Police S.A. (ZChP) is one of Poland's largest chemical companies, operating in the area of the so-called Great Chemical Synthesis industry. The company specialises in production of mineral fertilizers (multi-component and urea), titanium dioxide pigments and chemicals. Zakłady Chemiczne Police is the only pigment manufacturer in Poland whose market share exceeds 40%, as well as Poland's largest producer of phosphate and multi-component fertilizers (60% share of domestic production). It is also a significant producer of urea (approximately 27% share of domestic production). The company is Poland's largest producer of sulphuric and phosphoric acid, second largest (in terms of production volume) ammonia manufacturer and a major ammonia exporter (approximately 70% share in Polish exports of ammonia). Approximately 50% of the company's production volume is exported, which makes Zakłady Chemiczne Police one of Poland's largest exporters. The company's infrastructure includes two quays for reloading of loose material and stands for reloading ammonia and sulphuric acid. The bulk goods reloading activity conducted by Zakłady Chemiczne Police makes Police one of the largest Polish sea ports. The company's development strategy assumes a long-term position in the European market for chemical products.

Contact information

Province : zachodniopomorskie

Zakłady Chemiczne Police S.A.
Kuźnicka 1
72-010 Police
ph.: (+48 91) 317 17 17
fax: (+48 91) 317 31 60
www.zchpolice.com

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
Department of Privatisation
ph.: (+48 22) 695 87 22, 695 87 05
fax: (+48 22) 695 88 18
Investor Realtions Centre
ph.: (+48 22) 695 90 01
ph.: (+48 22) 695 90 02
fax: (+48 22) 629 98 38
investor@msp.gov.pl
www.msp.gov.pl

foto

Performance in thousand PLN


 
2008
2009
2010 Q1 2011
Sales revenue
2 402 000.0
1 487 166.0
2 018 224.0 614.0
EBITDA
236 524.0
-329 876.0
90 609.0 92.9
Net result
30 028.0
-426 934.0
34 920.0 67.0

Planned privatisation

On 19 August 2011 the Treasury disposed of its shares in the company (39.251.151 shares). The transaction was settled on 23 August 2011. The Treasury currently holds 5.305.689 of the shares constituting 7.07% of the company’s initial capital.

History of privatisation process:
Termination of the negotiation procedure without selecting the investor.
Request for supplementation of documents.
Binding offers: 30 November 2010
Extension of the deadline for submission of the binding offers: 16 November 2010
Due diligence: 30 July 2010
Initial offers: 23 July 2010
Extension of the deadline for submission of the response to the invitation. More information
Invitation to participate in negotiations. More information

Employment

2 655 employees

Initial capital

PLN 750 000 000.00

President of the Management Board

Krzysztof Jałosiński

Privatisation advisor

Bank Zachodni WBK S.A. (Wrocław), Dom Maklerski BZ WBK S.A. (Poznań), Baker&McKenzie Gruszczyński i Wspólnicy Kancelaria Prawna Sp.k. (Warsaw), Budoserwis Z.U.H. Sp. z o.o. (Chorzów)

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Publication date : 22.10.2008
Modification date : 01.02.2012
Agata Bratek