# Grupa Azoty Police shareholders to vote on PLN 1B share issue for Polimery Police project

Shareholders of Grupa Azoty Police will decide on April 26, 2019, on a share capital increase of approximately PLN 1 billion to support the Polimery Police project, a chemical complex including propylene and polypropylene units. Hyundai Engineering was pre-selected as general contractor in March 2019.

- Type: Investment
- Announced: 2019-04-04
- Where: Police, Poland
- Value: $260.0M (1.00B PLN)
- Starts operating: 2022
- Status: announced
- Products: propylene, polypropylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Grupa Azoty Police](https://endata.com/companies/27432.md)
- [Hyundai Engineering](https://endata.com/companies/1884.md) (partner)
- [Grupa Azoty](https://endata.com/companies/9017.md) (investor)

## Sources

- [grupaazoty.com](https://grupaazoty.com/en/news/on-april-26th-2019-shareholders-of-grupa-azoty-police-will-decide-on-the-issue-of-shares-to-support-the-implementation-of-investment-plans), 2019-04-04: "The scale and significance of the Polimery Police project for both the Grupa Azoty Group and the entire Polish economy is so great that it requires a thorough analysis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.