5 articles
Orlen agreed to acquire Azoty's struggling polyolefins business in Poland for $366 million, with completion expected in Q3 2026 after over a year of negotiations.
Azoty filed a €3 billion counterclaim against Hyundai in Austrian arbitration regarding a petrochemicals project dispute. The conflict centers on contract performance for the delivery of a PDH/PP comp
Hyundai launched arbitration against Azoty over a disputed EPC contract for a PDH/PP project in Poland; Azoty refutes the claims.
Orlen evaluates Azoty's counteroffer to its €240 million nonbinding bid for Azoty's Polish polyolefins business, which includes potential future payments subject to further transaction clarification.
Azoty plans to invest in expanding Nitro-Chem’s explosives manufacturing plant in Poland, targeting increased activity in defense-related chemical products.
ChemBrief