# Grupa Azoty secures PLN 5B financing for Police Polymers project

Grupa Azoty Polyolefins S.A. closed financing of more than PLN 5 billion for the Police Polymers project, one of the largest chemical investments in Poland. The plant is expected to be commissioned in the first half of 2023 with a production capacity of 437,000 tonnes per year of polypropylene.

- Type: Investment
- Announced: 2021-03-10
- Where: Police, Poland
- Value: $1.30B (5.00B PLN)
- Starts operating: Q3 2023
- Status: under construction
- Capacity: 437,000 tonnes 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) (investor)

## Sources

- [ceelegalmatters.com](https://ceelegalmatters.com/poland/16234-white-case-and-cms-advise-on-pln-5-billion-financing-of-polimery-police-project), 2021-03-10: "the investment is continuing uninterrupted and the plant is expected to be commissioned in the first half of 2023"

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