# Grupa Azoty Polyolefins approves annex to Hyundai Engineering contract for Polimery Police project

Grupa Azoty Polyolefins S.A. conditionally approved Annex No. 3 to the EPC contract with Hyundai Engineering for the Polimery Police project, increasing contractor remuneration by EUR 72.48 million and extending the schedule by 6 months.

- Type: Contract
- Announced: 2022-01-25
- Where: Police, Poland
- Value: $82.0M (72.5M EUR)
- Status: announced
- Products: polyolefins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Grupa Azoty Polyolefins](https://endata.com/companies/43507.md)
- [Hyundai Engineering](https://endata.com/companies/1884.md) (supplier)

## Sources

- [grupaazoty.com](https://grupaazoty.com/en/news/decision-of-the-management-board-and-supervisory-board-on-the-conclusion-of-annex-3), 2022-01-25: "This decisions bring us closer to the end of the difficult negotiation process and the formal confirmation of the reached agreement."

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