# Lotos to invest up to 500M zł in Grupa Azoty Polyolefins for Polimery Police project

Grupa Lotos is negotiating to take shares in Grupa Azoty Polyolefins, providing up to 500 million zł in capital financing for the Polimery Police polypropylene project in Police, Poland. The talks are at an advanced stage.

- Type: Investment
- Announced: 2019-11-25
- Where: Police, Poland
- Value: $130.0M (500.0M PLN)
- Status: announced
- Capacity: 429,000 tonnes of polypropylene per year
- Products: polypropylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Grupa Azoty Polyolefins](https://endata.com/companies/43507.md)
- [Grupa Azoty](https://endata.com/companies/9017.md) (partner)
- [Grupa LOTOS](https://endata.com/companies/39057.md) (investor)
- [Grupa Azoty Polyolefins](https://endata.com/companies/43507.md) (partner)

## Sources

- [forsal.pl](https://forsal.pl/artykuly/1441378,objecie-akcji-grupy-azoty-polyolefins-przez-lotos-jest-na-kluczowym-etapie.html), 2019-11-25: "Prowadzone negocjacje znajdują się na zaawansowanym etapie, a do ustalenia pozostały ostatnie, szczegółowe kwestie."
- [plasticker.de](https://plasticker.de/Kunststoff_News_36526_Grupa_Lotos_Finanzierungsbeteiligung_am_Propylen__und_Polypropylenwerk_von_Grupa_Azoty_in_Police_bei_Szczecin?begriff=polnische&check=&div=n&seite=6), 2019-12-19: "Der polnische Ölkonzern Grupa Lotos beteiligt sich an der Finanzierung des Propylen- und Polypropylenwerks von Grupa Azoty in Police bei Szczecin."

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