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Grupa Azoty (Source: Grupa Azoty)

Interview Azoty to spend €1.8bn on expansion, EU regulations a 'burden' - CEO

LONDON (ICIS)--Grupa Azoty is to spend €1.8bn on expansions both in Poland and further afield, but the competitive disadvantages for chemical and fertilizer companies in Europe due to high feedstock costs and the “burden” of EU regulations persist, the Polish firm’s CEO said on Thursday.

Pawel Jarczewski said Grupa Azoty, which utilises natural gas as its main feedstock, has benefited from a fall in prices in recent years.

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