ZAK Spółka Akcyjna (ZAK S.A.), now renamed Grupa Azoty Kędzierzyn, is a
chemical company based in the city of
Kędzierzyn,
Opole Voivodeship
Opole Voivodeship ( , , ), is the smallest and least populated voivodeships of Poland, voivodeship (province) of Poland. The province's name derives from that of the region's capital and largest city, Opole. It is part of Silesia. A relatively lar ...
, southwest
Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...
.
It is part of the
Grupa Azoty
Grupa Azoty S.A. (until 2013 ''Zakłady Azotowe in Tarnów-Mościce'') is a major Poland, Polish chemical industry company headquartered in the Mościce district of Tarnów, in the Lesser Poland Voivodeship of southeastern Poland.
The company wa ...
chemical companies
holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
.
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 fertilizer
A fertilizer or fertiliser is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from liming materials or other non-nutrient soil amendments. Man ...
s (16% share of the Polish market),
OXO alcohols (the sole producer in Poland, close to 10% share of the European market), and
phthalate
Phthalates ( ), or phthalate esters, are esters of phthalic acid. They are mainly used as plasticizers, i.e., substances added to plastics to increase their flexibility, transparency, durability, and longevity. They are used primarily to soften ...
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
External links
Official Grupa Azoty Kędzierzyn website— ''formerly Zakłady Azotowe Kędzierzyn−ZAK S.A.''
Grupa Azoty website€”
Chemical companies of Poland
Companies based in Tarnów
Government-owned companies of Poland
Buildings and structures in Kędzierzyn-Koźle
Polish Joint-stock companies
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