According to estimates, Group companies produced 54 thousand t of compound fertilizers in December versus 62 thousand t in November. Polyamide and pigment production stayed at November levels in December, at 8 thousand t and 2 thousand t, respectively. Specialty fertilizers and urea, however, reported lower estimated volumes in December, with 17 thousand t for specialty fertilizers compared to 26 thousand t in November, and 74 thousand t for urea versus 92 thousand t in November.
‘As expected, production levels in nitrogen fertilizers and the OXO segment remained stable in December. However, the continuous influx of low-cost products from Asia into the European Union is consistently affecting estimated production volumes in plastics and urea. This remains a significant challenge for all European manufacturers in the industry,’ said Tomasz Hinc, President of the Management Board of Grupa Azoty S.A.
