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Grupa Azoty Zaklady Chemiczne Police SA (PCE.WA)

PCE.WA on Warsaw Stock Exchange

13.40PLN
15 Oct 2019
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Latest Key Developments (Source: Significant Developments)

Grupa Azoty Zaklady Chemiczne Police: Provisions To Impact 2019 Net Result By About 8.9 Mln Zlotys
Wednesday, 16 Oct 2019 

Oct 16 (Reuters) - Grupa Azoty Zaklady Chemiczne Police SA ::CO INCREASES VALUE OF PROVISIONS FOR FUTURE LIABILITIES DUE TO CHANGES IN COLLECTIVE LABOR AGREEMENT.SAID AGREEMENT TO CHANGE CO'S NET RESULT FOR 2019 BY ABOUT 8.9 MILLION ZLOTYS.  Full Article

Grupa Azoty To Ask AGM To Approve Acquisition Of Shares In Planned Issue Of Its Unit
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Grupa Azoty SA ::RESOLVES TO ASK GENERAL MEETING TO APPROVE ACQUISITION OF SHARES IN PLANNED ISSUE OF ITS UNIT, GRUPA AZOTY ZAKLADY CHEMICZNE POLICE .CO'S STAKE IN GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SHOULD NOT EXCEED 66% .  Full Article

Grupa Azoty And Units Sign Term-Sheet On Polimery Police Equity Project
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - Grupa Azoty ::CO AND ITS UNITS SIGN TERM-SHEET WITH HYUNDAI ENGINEERING AND KOREAN OVERSEAS INFRASTRUCTURE & URBAN DEVELOPMENT FOR INVESTING 130 MILLION USD IN EQUITY PROJECT.HYUNDAI ENGINEERING TO INVEST $73 MILLION, KOREAN OVERSEAS INFRASTRUCTURE & URBAN DEVELOPMENT TO INVEST $57 MILLION.CO AND ITS UNITS TO INVEST 1.4 BILLION ZLOTYS AND ADDITIONAL FUNDS FROM GRUPA AZOTY ZAKLADY CHEMICZNE POLICE SPO.  Full Article

Grupa Azoty Zaklady Chemiczne Police Calls EGM For Sept 23
Monday, 26 Aug 2019 

Aug 26 (Reuters) - Grupa Azoty Zaklady Chemiczne Police SA ::SAYS CALLS EGM FOR SEPT 23 TO VOTE ON CAPITAL INCREASE AND ISSUE OF NEW SHARES WITH PREEMPTIVE RIGHT.  Full Article

Grupa Azoty Zaklady Chemiczne Police Resumes SPO Of Up To 1.1 Bln Zlotys
Monday, 26 Aug 2019 

Aug 26 (Reuters) - Grupa Azoty Zaklady Chemiczne Police SA ::SAYS MANAGEMENT RESOLVES TO RESUME SPO PROCESS OF UP TO 1.1 BILLION ZLOTYS ADDRESSED AT CURRENT SHAREHOLDERS.SAYS PLANNED CAPITAL INCREASE TO TAKE PLACE BY THE END OF 2019.  Full Article

Grupa Azoty Zaklady Chemiczne Police Extends Stoppage of Production of Urea Until No later Than Aug 18
Saturday, 10 Aug 2019 

Aug 12(Reuters) - Grupa Azoty Zaklady Chemiczne Police SA ::SAID ON SATURDAY THAT AFTER EXAMINATION OF REPAIRED INSTALLATION OF THE AMMONIA SYNTHESIS AND UREA SYNTHESIS CENTRAL LABORATORY OF TECHNICAL INSPECTION RECOMMENDED CORRECTION OF ONE OF THE WELDS.AS A RESULT, PLANNED START-UP OF INSTALLATION HAS BEEN POSTPONED UNTIL NO LATER THAN AUGUST 18.  Full Article

Grupa Azoty Zakłady Chemiczne Police Says Production Of Urea Suspended Until Aug. 11 Due To Boiler Defect
Friday, 5 Jul 2019 

July 5 (Reuters) - Grupa Azoty Zakłady Chemiczne Police SA :SAID ON THURSDAY THAT DURING PLANNED REPAIR STANDSTILL AT ITS NITRO BUSINESS UNIT CONDUCTED BETWEEN APRIL 4 AND JUNE 6 A BOILER DEFECT WAS DETECTED AT THE INSTALLATION OF SYNTHESIS GAS PREPARATION .AS A RESULT OF DETECTING THE DEFECT, THE INSTALLATION OF THE AMMONIA SYNTHESIS AND UREA SYNTHESIS WAS TEMPORARILY SHUT DOWN STARTING FROM MAY 6, 2019.DAMAGE CAUSED BY DISCONTINUITIES IN WELDED CONNECTIONS OF BOILERS, RESULTS IN THE TOTAL OUTAGE OF UREA PRODUCTION UNTIL AUG. 11, 2019.THE DEFECT HAS NO NEGATIVE IMPACT ON THE ENVIRONMENT.ESTIMATED FINANCIAL IMPLICATIONS OF THE TEMPORARY SHUTDOWN OF THE INSTALLATION CAUSED BY THE DEFECT WILL BE ANNOUNCED LATER.  Full Article

Prochem Signs LoI With Hyundai Engineering Under Polimery Police Project
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Prochem SA ::SIGNS LOI WITH HYUNDAI ENGINEERING ON CONSTRUCTION PROJECT IMPLEMENTATION UNDER POLIMERY POLICE PROJECT.CO TO RECEIVE LUMP SUM REMUNERATION OF EUR 1.8 MILLION NET.PARTIES TO AGREE FINAL DEAL TERMS WITHIN 60 DAYS.  Full Article

Grupa Azoty Plans To Acquire Shares In Grupa Azoty Zakłady Chemiczne Police Raised Share Capital
Wednesday, 29 May 2019 

May 29 (Reuters) - Grupa Azoty ::MANAGEMENT RESOLVES TO ACQUIRE C SERIES SHARES IN ITS UNIT'S GRUPA AZOTY ZAKŁADY CHEMICZNE POLICE RAISED SHARE CAPITAL.AFTER PLANNED ISSUE CO SHOULD MAINTAIN AT LEAST 50% PLUS ONE VOTE IN POLICE'S AGM.  Full Article

Grupa Azoty Zaklady Chemiczne Police To Retain FY Net Profit
Monday, 20 May 2019 

May 21 (Reuters) - Grupa Azoty Zaklady Chemiczne Police SA ::SAID ON MONDAY THAT MANAGEMENT RECOMMENDED ALLOCATION OF ENTIRE 2018 NET PROFIT TO RESERVE CAPITAL .SAID DESPITE DECLARED DIVIDEND POLICY OF GRUPA AZOTY FOR 2013-2020, MANAGEMENT PROPOSED TO RETAIN THE NET PROFIT IN COMPANY TO SECURE COMPANY'S OWN CONTRIBUTION IN 'POLIMERY POLICE' PROJECT .  Full Article