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Azoty slides after it says Orlen not looking to buy more shares in polymer project

Refinitiv閱讀少於1分鐘

** Shares in Grupa Azoty ATT fall around 6% after the Polish chemicals company said Orlen PKN was not interested in buying more shares in its polymer production project, GA Polyolefins

** Azoty said that Orlen, which has a 17.3% stake in GA Polyolefins, was ready to continue to talk on finding a method for utilising GA Polyolefins' assets

** Jakub Szkopek, analyst at Erste Group, says that given the project's negative results, chances of finding a buyer were diminishing

** Azoty's stock is at the bottom of Polish mid-cap index mWIG40 (.mWIG40)

($1 = 4.0216 zlotys)

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