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Grupa Azoty sells GA Polyolefins to Orlen

Grupa Azoty sells GA Polyolefins to Orlen

Grupa Azoty has signed a preliminary agreement with Orlen to sell 100% of GA Polyolefins shares for PLN 1.183 billion on a cash-free, debt-free basis. The transaction is closely linked to the composition proceedings of GA Polyolefins.

Emirates Biotech in the Circle consortium: PLA from food waste

Emirates Biotech in the Circle consortium: PLA from food waste

Emirates Biotech has joined the European Circle consortium, which aims to demonstrate a biorefinery converting food waste into bio-based chemicals, including polylactic acid (PLA). The company is responsible for the lactic acid polymerisation stage.

Alujain and Beaulieu plan joint venture in fibre production

Alujain and Beaulieu plan joint venture in fibre production

Alujain Corporation and Beaulieu International Group have signed a memorandum for the creation of a joint venture in Saudi Arabia, focused on local production of synthetic fibres and non-wovens and on developing GEONATPET operations in Yanbu.

Grupa Azoty Polyolefins decides on restructuring process

Grupa Azoty Polyolefins decides on restructuring process

Grupa Azoty Polyolefins has decided to initiate arrangement approval proceedings with its creditors in order to continue the company’s operations and create conditions for further implementation of the Polimery Police project.