Grupa Azoty published on Thursday estimated production volumes for December 2023, which shows that the production of nitrogen fertilizers in the group’s companies remains at “almost the same level as in November” – “estimated volumes for December are 281 thousand tonnes compared to 282 thousand tons for November. Also in OXO, production remains at a relatively stable level – an estimated 11 thousand tons in December, and in November it was 13 thousand tons,” the company reported.
It was added that, according to estimates, in December the group’s companies produced 54,000. tons of compound fertilizers compared to 62 thousand tons in November. In polyamide and pigments, production in December remained at November levels – 8,000 and 2,000, respectively. tone. “Lower estimated volumes than those reported in November were recorded in specialized fertilizers (17,000 tonnes in December compared to 26,000 tonnes in November) and urea (74,000 tonnes compared to 92,000 tonnes in November),” Grupa Azoty said. .
“As expected, stable production levels in nitrogen fertilizers and the OXO segment were maintained in December. In turn, the inflow of cheap products from Asia to the European Union is invariably reflected in the estimated production volumes in the area of plastics and urea. This is currently one of the biggest challenges, with which all European producers in the industry face,” emphasized the president of Grupa Azoty Tomasz Hinc.
Grupa Azoty states that it is one of the “key” capital groups in the fertilizer and chemical industry in Europe. It ranks second in the European Union in the production of nitrogen and compound fertilizers. It also produces products such as melamine, polyamide, OXO alcohols, plasticizers and titanium white. (PAP)
author: Anna Bytniewska
