15 Gennaio 2024 Polonia GRUPA AZOTY IN GRIP OF DEBT Grupa Azoty, one of the biggest chemical companies in the European Union, has been going through a rough patch lately, struggling with an economic downturn and over-investment, which has led to a considerable debt. The company is also facing strong competition from Asian fertiliser producers, which benefit both from competitive labour costs and lower energy prices. Meanwhile, the company’s plastics segment is facing challenges as the downturn in the construction and automotive industries, combined with weak demand, meant that Grupa Azoty had to reduce production. (ICE VARSAVIA) Fonte notizia: wnp.pl