Zakłady Azotowe Kędzierzyn
ZAK Spółka Akcyjna, now renamed Grupa Azoty Kędzierzyn, is a chemical company based in the city of Kędzierzyn, Opole Voivodeship, southwest Poland.
It is part of the Grupa Azoty chemical companies holding company.
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 fertilizers, OXO alcohols, and phthalate plasticizers.In 2007, the company's consolidated sales revenue amounted to PLN 1.67 billion, while the net profit reached PLN 115.3 million.