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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.

It is part of the Grupa Azoty chemical companies holding company.

History

On October 20, 2010, Zakłady Azotowe in Tarnów-Mościce became the majority shareholder of ZAK SA by acquiring 52.6% of its shares. On October 13, 2011, the Tarnów company purchased an additional 40.86% of ZAK SA shares, bringing its total ownership to 93.48%. 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. This consolidation was finalized with an agreement between Zakłady Azotowe in Tarnów-Mościce and Zakłady Azotowe Puławy. 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.

Products

Grupa 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).

References

1. Grupa Azoty Kędzierzyn (Zakłady Azotowe Kędzierzyn); accessed 24 November 2016.
2. Grupa Azoty; accessed 24 November 2016.
3. "Czas strategicznych zmian i wielkich inwestycji". 2013-05-24. Archived from the original on 2015-06-30.
4. "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.
5. "Azoty Tarnów konsolidują polską chemię". innowacyjnystart.pl. Archived from the original on 2015-01-02. Retrieved 2024-10-28.
6. "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.
7. "ZAK S.A. wraca do pełnej nazwy | 7DNI". tygodnik7dni.pl. Archived from the original on 2016-08-30. Retrieved 2024-10-28.
8. Plastech. "Zakłady Azotowe Kędzierzyn osiągnęły najlepszy wynik w historii". www.plastech.pl (in Polish). Retrieved 2023-02-27.

External links

• Official Grupa Azoty Kędzierzyn website — formerly Zakłady Azotowe Kędzierzyn−ZAK S.A.
• Grupa Azoty website—(in English)

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