# Grupa Azoty Polyolefins may seek up to EUR 105 million loan from Grupa Azoty companies

Grupa Azoty Polyolefins may request a subordinated loan of up to EUR 105 million from Grupa Azoty and Zakłady Chemiczne Police to cover funding shortfall for the Polimery Police polypropylene project, which is delayed by 2-3 months.

- Type: Investment
- Announced: 2023-10-28
- Where: Police, Poland
- Value: $111.0M (105.0M EUR)
- Status: announced
- Capacity: 437,000 tons of polypropylene and 429,000 tons of propylene per year
- Products: polypropylene, propylene
- Sectors: [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)
- [Zakłady Chemiczne Police](https://endata.com/companies/43453.md) (investor)

## Sources

- [bankier.pl](https://www.bankier.pl/wiadomosc/GA-Polyolefins-moze-zwrocic-sie-do-spolek-Grupy-Azoty-o-pozyczke-do-105-mln-euro-8637303.html), 2023-10-28: "Grupa Azoty Polyolefins może wystąpić do Grupy Azoty i Zakładów Chemicznych Police o udzielenie pożyczki podporządkowanej o wartości do 105 mln euro."

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