The Ciech Chemical Group |
The Ciech Chemical Group is one of the leaders on the European chemical market, it consists of 58 companies and is one of the top fi fty commercial organisations in Poland. The group's core business comprises 8 manufacturing companies in which Ciech has a controlling stake. These are:
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Ciech Chemical Group |
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Soda Division |
Organics Division |
Agro Division |
Silicates and Glass Division |
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Companies |
Soda Polska Ciech Sodawerk Stassfurt, Germany (92%) Uzinele Sodice Govora, Romania (93%) |
Zachem Organika-Sarzyna |
Fosfory Alwernia |
Vitrosilicon SA |
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Products |
Calcined soda Evaporated salt Baking soda |
TDI, EPI, PVC, polyurethane foams, epoxy- and polyester resins |
Fertilizers, crop protection products, phosphoric products, chrome compounds |
Glass blocks Lanterns and jars Sodium silicates Potassium silicates |
The company's main products are soda ash (second place in Europe), TDI (number one on the Polish market), plant protection agents and phosphate fertilizers. With an annual income of around 3.8 billion PLN, the Ciech Chemical Group outranks other chemical companies in Poland. Since February 2005 Ciech has been quoted on the Warsaw Stock Exchange. Its major shareholders are the State Treasury (36.7%) and institutional investors including Pioneer Pekao Investment Management and the Zlota Jesien Pension Fund.