# EBRD provides €125M loan to Grupa Azoty for new PDH and polypropylene unit in Police

The European Bank for Reconstruction and Development will provide a multicurrency loan of up to €125 million to Grupa Azoty for the construction and operation of a propane dehydrogenation unit and a polypropylene unit in Police, Poland. The total project cost is US$1.8 billion.

- Type: Investment
- Announced: 2020-06-01
- Where: Police, north-western Poland, Poland
- Value: $140.0M (125.0M EUR)
- 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](https://endata.com/companies/9017.md)
- [Hyundai Engineering](https://endata.com/companies/1884.md) (partner)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)
- [Grupa LOTOS](https://endata.com/companies/39057.md) (partner)
- [Korean Overseas Infrastructure & Urban Development Corporation](https://endata.com/companies/47575.md) (partner)

## Sources

- [ebrd.com](https://www.ebrd.com/home/news-and-events/news/2020/ebrd-loan-supports-foray-of-polands-grupa-azoty-into-new-technology.html), 2020-06-01: "The EBRD will provide a multicurrency loan for the equivalent of up to €125 million for the construction and operation of a fully integrated propane dehydrogenation unit and a polypropylene unit to produce propylene and polypropylene."

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